Online betting in Ireland offers a variety of payment methods. However, crypto payments are a problem in Ireland. So what do you do if you want to bet in crypto from Ireland?
The Gambling Regulatory Authority of Ireland, which is responsible for controlling betting and gambling, does not allow any licensed platform to accept crypto as a payment method, or for that matter, a withdrawal method.
Indeed, the Gambling Regulatory Authority of Ireland mentions 2 fundamental reasons for this ban:
There are Not Irish licenced betting sites that accept bets with crypto, but these are sites that are not licensed in Ireland. So what is the way to make bets with crypto from Ireland?
Why do many gamblers prefer the use of crypto for betting? It's because cryptocurrency promotes anonymous betting. This means that from Ireland or any other country, you can access any bookmaker on the web that uses crypto.
So betting in crypto from Ireland is finally simple: All you have to do is register with a Non GRAI bookmaker that accepts Irish people.
The bookmakers with a foreign licence and trustworthy are:
Moreover, making deposits is very easy and comfortingly quick. Deposits and withdrawals can be made without having to prove your identity. Thus, to bet in crypto from Ireland, one has to make an initial deposit; it is then immediately allowed to proceed with online betting. What is the deposit procedure?
It is relatively easy to deposit crypto on a betting site. To do this, it is important to have some in your wallet. When one wishes to acquire some, 2 options are possible:
As far as the site is concerned, Coinbase is the place to go. Coinbase ? It is the world's largest and most highly secure platform for crypto trading. So to bet in crypto from Ireland, all you need to do is open an account on Coinbase and fund your wallet with crypto. Then? You have to go to the bookmaker and proceed as follows:
This is done instantly. It is important to remember to validate your account by filling in the required information and documents in full. Everything you need to know can be found in the "FAQ" section. How do I collect my winnings?
A withdrawal threshold is usually required by the bookmaker. To make a withdrawal, once connected to the bookmaker, you have to find the tab called "earnings" and indicate the crypto concerned as a means of payment. All that remains is to enter the amount of money you wish to withdraw and then validate. Betting in crypto from Ireland is as simple as that.