Best USD Coin betting sites compared
Kicking off this guide are reviews of the sportsbook sites that accept USD Coin as a payment method. Now, this is a crypto payment method, which is yet to be available in our recommended online sports betting sites. That being said, Iāll review sports betting platforms that accept USD Coin alternatives.
DraftKings – (4.5 /5āļø)
DraftKings has been around for quite a long time, but it has still managed to stay at the top of the betting industry. This operator has a one-stop platform for all bettors, including sports betting players.
The site has a comprehensive sports betting section with a wide range of sports games. Each of these games has a good number of matches, including live events. The variety of sports betting markets in these matches is also impressive, and the bets have quite favorable odds.
DraftKings also has a decent variety of bonus and promotion options. The operator offers new bettors a 20% deposit bonus of up to $1000, a great way to welcome you to the platform.
This operator hasnāt included USD Coin as one of its payment methods. However, there are a couple of other payment methods that are excellent alternatives to USDC. A good example is PayPal, which is as fast as USD Coin in terms of transaction procedure time frame. It also accepts Visa, MasterCard, Discover cards, Apple Pay, bank transfer, Venmo, and Play+.
Bet365 – (4.5 /5āļø)
BET365: Pros & Cons
- Available in NJ, PA and other US states
- Trusted British betting brand on the global stage
- Combined sportsbook and online casino platform
- Excellent welcome bonus for New Jersey and PA customers
- Massive range of sports betting markets available
- Excellent range of banking methods including PayNearMe
- Not a homegrown US sportsbook
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Next up is Bet365. This operator is also well-known for its extensive betting site, especially the sportsbook section.
The site has an impressive sports game collection, with lots of matches and events. The sports betting options in these events are also decent, but I was most impressed by the odds.
Bet365 also has a vast selection of bonuses and promotions. It has two deposit bonuses: $150 in bonus bets when you bet at least $5 and up to $1000 in bonus bets when your first bet of at least $10 loses. And thatās not all; this operator also has many more promotion offers, from ACCA boosts to bet builders, early payout offers in different matches, and so on.
While this platform hasnāt yet added USD Coin to its payment method list, it has alternatives that work just as well. These include Skrill, Skrill 1-tap, Visa, MasterCard, and Maestro cards, bank transfer, Neteller, paysafecard, and AstroPay.
FanDuel – (4.4 /5āļø)
Many betting websites are now becoming all-round platforms that offer casino gaming, sports betting, and sometimes even daily fantasy sports. However, most platforms do not pay attention to one section. This is not the case at FanDuel.
This operator has taken the time to perfect all their betting sections, including the sportsbook section. The site has a good selection of sports games, each with an impressive number of matches. The sports betting market variety and odds are also pretty good.
FanDuel has a couple of bonus and promotion offers for its players. It offers up to $150 as a bonus when you bet at least $5.
This platform has yet to include USDC as a payment method. However, it offers other considerable alternatives, from PayPal to Venmo to Apple Pay, PayNearMe, bank transfer, Mastercard and American Express cards, and Play+.
BetMGM – (4.3 /5āļø)
This wouldn’t be a complete USD Coin betting sites’ alternative guide if I hadn’t discussed BetMGM.
This gambling site has quickly surpassed other platforms to become one of the top-rated betting sites today.
BetMGM has a nice sports game selection and quite a good number of matches. The sports betting options on this site are also pretty impressive, and most of the odds are favorable.
As expected, this operator hasn’t yet included USD Coin among its payment method options. However, it has a good number of alternative payment methods, such as Visa, MasterCard, American Express, Discover credit/debit cards, bank transfer, PayPal, Apple Pay, and PayNearMe.
Betrivers ā (4.2 /5āļø)
This section concludes with a look at another highly reputable betting site, Betrivers. The sports game array on this site didn’t disappoint, as there were several options to choose from. I also liked the sports betting markets in the matches, as there were several options to choose from.
This platform also has quite a generous welcome bonus. New bettors receive a bonus of up to $250 when your first sports bet loses. Keep in mind that the availability and sometimes the amount may vary from one Betrivers legal state to another.
Betrivers also has a couple of payment options that are excellent alternatives since it doesn’t have USDC as a payment method. Its payment options include PayPal, Venmo, PayNearMe, Play+, bank transfer, Mastercard, American Express, Visa debit/credit cards, and Vanilla.
| USD Coin betting site alternative | Min. Deposit | Withdrawal waiting times | Fees | Welcome bonus |
| DraftKings | $5 | - PayPal – immediately or up to 2 days
- Venmo – immediately or up to 2 days
- Apple Pay – immediately
| - PayPal – no fees
- Venmo – no fees
- Apple Pay – no fees
| Receive a 20% deposit bonus of up to $1000 |
| Bet365 | $10 | - Skrill – immediately
- Skrill 1-tap – immediately
- Neteller – immediately
| - Skrill – no fees
- Skrill 1-tap – no fees
- Neteller – no fees
| Get $150 in bonus bets when wager at least $5, and up to $1000 in bonus bets when your first bet of at least $10 loses |
| FanDuel | $5 | - PayPal – up to 24 hours
- Apple Pay – up to 24 hours
- Venmo – up to 24 hours
| - PayPal – no fees
- Venmo – no fees
- Apple Pay – no fees
| Get a deposit bonus of up to $150 when you bet at least $5 |
| BetMGM | $10 | - PayPal – up to 24 hours
- Apple Pay – up to 24 hours
| - PayPal – no fees
- Apple Pay – no fees
| Receive up to $1500 in bonus bets if your first bet loses |
| Betrivers | $10 | - PayPal – immediately
- Venmo – immediately
| - PayPal – no fees
- Apple Pay – no fees
| Claim a bonus of up to $250 when your first bet loses |
How to deposit with USD Coin
As I mentioned earlier, USD Coin is a cryptocurrency payment method. This means it has a slightly longer deposit and withdrawal process compared to other payment options. Players are first required to purchase USDC on another platform. Then, they can transfer it to their USD Coin betting platform. Here’s how to deposit USDC to your online sportsbook account.
- First, you need to find a top-rated crypto exchange platform to join and create an account. Make sure that the exchange site supports USDC
- Once you’ve created an account, you’ll be required to create a wallet to store your USDC once you buy them
- Next, purchase your preferred USD Coin amount using your payment method of choice from the available ones on the crypto site
- Now, you can transfer your USDC to your online sports betting site account
How to withdraw with USD Coin
Here’s how to withdraw the USDC you’ve won while betting on your preferred online sportsbook:
- Head on to your sports betting site’s account wallet and select the withdrawal section
- Select USDC as your withdrawal method of choice. You’ll then be required to select your crypto-exchange platform
- Once you’ve selected your cryptocurrency exchange site, you can go ahead and transfer your winnings to your USDC wallet
Top sportsbooks we highly recommend
USD Coin payment method fees
Both deposits and withdrawals at USD Coin betting sites are free, which is a significant advantage. However, you might incur charges when you exchange your fiat currency for USD Coin and vice versa. However, these fees are incurred on the crypto exchange platform.
USD Coin bonuses
Since USD Coin isnāt available in the sportsbook platforms we recommend here, there arenāt any betting bonus offers that can be claimed with this payment method.
| Betting site | Welcome bonus |
| DraftKings | A 20% deposit bonus of up to $1000 |
| Bet365 | A $150 in bonus bets when you wager at least $5 and up to $1000 in bonus bets when your first bet of at least $10 loses |
| BetMGM | Up to $1500 back in bonus bets |
| FanDuel | Up to a $150 bonus |
| Betrivers | A bonus of up to $250 when your first bet loses |
Best USD Coin betting apps
Iāll be talking about our best betting apps with USD Coin payment method alternatives.
When reviewing betting apps, we measure an appās performance against the operatorās official website. Iām glad the Bet365 app operates just as well (sometimes even better) as the website. The app has all the features on the website, so bettors cannot miss anything while playing on the app. All the features, like the payment methods, work perfectly. You can download the app on the Google Play Store and iOS Apple Store.
This app has surpassed many playersā expectations when it comes to performance. I liked that all the sections, including the payment section, load with ease, which is a major perk. The app is available to download on the Google Play Store and iOS Apple Store.
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Betrivers betting app
This is another top-quality app that enables players to enjoy sports betting on the go. The features on the app, like the deposit and withdrawal tabs, work seamlessly. You can get this app on the iOS Apple Store and Google Play Store.
How does USD Coin work?
Letās begin by looking at what USD Coin is. This is a stablecoin, a type of cryptocurrency mainly backed by the US dollar.
The main advantage of this payment option is that it is stable compared to other cryptocurrencies like Bitcoin and Ethereum. USD Coin has a 1:1 value against the USD dollar, meaning 1 USDC is worth 1 dollar and vice versa. So, how does this cryptocurrency work?
Unlike other cryptocurrencies such as Bitcoin, USD Coin is not released into circulation when one exchanges US dollars for USDC and vice versa. Instead, itās burned, which essentially means being put in digital wallets and removed from circulation completely.
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How to create an account with USD Coin
Allow me to once again explain how to use USDC as a payment option:
- First, you need to join a cryptocurrency exchange platform
- Then, open a wallet on the site where your USDC will be stored when you exchange your US dollars for it and vice versa
- If you need USDC to use on USD Coin betting sites, you can purchase it on the crypto exchange platform. Remember, 1 USDC is equivalent to 1 US dollar
- Once youāve obtained your USDC, you can transfer them to your online sportsbook.
- If you need to withdraw your USDC winnings, select the USD Coin as your preferred withdrawal method and follow the steps to transfer the USDC back to your cryptocurrency exchange wallet
USD Coin history
USD Coin was developed by Center, which is a consortium that was developed by Coinbase and Circle. These two entities developed USDC as part of their goal to create cryptocurrencies that were stable price-wise. Both the consortium and USD Coin were announced in May 2018. However, they were officially launched on September 26, 2018.
Pros and cons of betting with USD Coin
Cryptocurrency in Online Betting
- It has a fast transaction process
- It is safe
- It is affordable
- It is more stable than other cryptocurrencies
- Itās not available in a number of sportsbooks
How safe is USD Coin for online betting?
Cryptocurrencies are generally known to be safe betting payment methods, and USD Coin is no exception. For starters, it doesnāt require any confidential information like your bank details. Also, the transaction process is encrypted, making it even more secure.
While USDC is a secure sports betting payment option, you still need to be vigilant when using it. Here are some tips you to keep in mind when using this payment method:
- Ensure the sports betting site is licensed. This isnāt a sign that the platform is 100% safe, but itās a valid one. So, always go for licensed online sportsbooks
- Do not share your crypto wallet details with just anyone
- Check whether the sportsbook platform has online safety features to keep your confidential information safe. A good example is the SSL encryption and 2- Factor authentication
- Confirm your details before transferring your USDC from your crypto exchange wallet to your online sportsbook account and vice versa
- Consult the customer support team if youāre having issues with this payment method
How do we rate USD Coin betting sites
We usually follow specific criteria when reviewing sports betting platforms. That way, we will have covered as many features of the platform as possible. This will enable you to make a more informed decision on whether or not that site is right for you. Here are the areas we explore:
- Bonuses:
We always examine the available bonus offers at the betting sites we review, particularly the welcome bonus.
- The usability, look and feel of the site:
We focus on the siteās navigation and how well it is organized.
- Mobile app:
If the sports betting site has an app and how well it performs
- Payment methods:
The number of payment methods available and their accessibility. We also touch on the payment methodsā withdrawal and deposit processing timeframe, limits, and cost
- Customer service:
The number of customer support options and response timeframe
- Legality and security:
The sportsbookās licensing status and level of security
- Rewards and loyalty program:
If the online sportsbook has a rewards and loyalty program. We also touch on its promotion offers
Best USD Coin alternatives
When it comes to the alternatives, I focused on the payment options that are just as fast and affordable as USD Coin. The alternative payment options I settled for include:
While Venmo isnāt a crypto payment method, itās just as fast, secure, and affordable as USDC. It takes a few minutes to deposit funds and withdraw winnings using this payment method. It also doesnāt require information such as your bank details during transactions. Itās no surprise that there are many Venmo betting sites out there today. While Venmo is pocket-friendly, its withdrawal fees may be a bit higher than that of USDC, which is essentially free.
PayPal is another great USDC alternative. Similar to USDC, it also has a fast transaction procedure, is safe, and is affordable, which is why there are a good number of PayPal betting sites available today. The only distinction between these two is that PayPal may sometimes have a deposit fee.
Apple Pay is also not a crypto payment method, but it has almost the same perks as USDC. For starters, Apple Payās deposits and withdrawals are processed instantly. This payment method is also secure and affordable, like USDC. You can read our picks for the best Apple Pay betting sites.
Conclusion: Bet at the best USD Coin betting site alternatives today
Thatās all for our USDC betting guide. I hope this guide has helped you understand how this payment method works. Before I conclude, itās crucial I emphasize the importance of checking a betting siteās security state before joining. Ensure the site has security features to keep your confidential information safe from fraudsters.
Our favorite sports betting bonuses
USD Coin betting guide- FAQs
š° How do I convert USDC to cash?
To sell the USDC youāve won while playing at sports betting platforms, you just need to head on to your crypto exchange platform account. Then, click on the selling section and enter the amount of USDC youād like to sell. Next, select a payout method where youāll receive the cash, and thatās it.
ā±ļø How long does USDC take to transfer?
It takes up to a couple of minutes to transfer your USDC from your crypto exchange wallet to your sports betting account.
šµ How much is USDC to a dollar?
As I explained in this guide, the USD Coin has a 1:1 ratio to the US dollar. So, 1 USD Coin is worth $1, and vice versa.
