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Betdex is one reliable platform where you can place your money on your favorite sports with easy deposits and withdrawals. The fast-moving world of sports betting demands innovation, quality services and convenience.Get high liquidity, more control and better odds. Here’s the most interesting part; you bet using cryptocurrency means there is no middleman managing your money. Their team of experts comes with a rich industry experience of over two decades and knows the ins and outs of sports betting. Bet on your favorite sports with confidence and participate in dynamic sports betting. Join them today.
Monaco Protocol X Solana
BetDEX is backed by the innovative Monaco Protocol. It’s a decentralized liquidity network app trading built on Solana. The protocol provides the much-required infrastructure for markets exchange for seamless transactions and Solana’s scalability guarantees lightning-fast transaction speeds and extremely economical transactions. Given the exact number, an average transaction costs $0.00025 and more than 50,000 transactions are handled every second.
Being the industry leader
Since BetDEX uses cryptocurrency for betting, the platform doesn’t hold or manage your funds. They have brought a revolution in the sports betting industry with their non-custodial solutions. Say goodbye to the hassle of deposits and withdrawals; enjoy the flexibility and convenience. Also, there is no such thing as account restrictions anymore. However, they are in beta at the moment which means they are constantly tested and improved and are open to user feedback to make them better before the final launch.
Maximum winnings at minimum fees
It might come as a pleasant shocker but they have much lower fees according to the industry standard. Win a bet and pay just 2% of what you earned and ‘nothing at all’ if you lose. Yes, no worrying about high transaction costs! BetDEX has a very straight and transparent fee structure that helps you make the most out of your bets. Isn’t it a smart choice?
How to register at Betdex
Creating an account with them is just a matter of a few steps. Here’s how it goes:
- Click here or on the ‘Get started’ button located in the top right corner of the home page. It will direct you to a page that requires you to fill in your details.
- Enter a valid email address, phone number (with relevant country code) and the country where you live.
- Now click on ‘Continue’ and check your email inbox for a 6-digit verification code sent by BetDEX. Check your junk mail if you don’t see it in your inbox.
- Enter that verification code from the email and click on ‘verify’
- Go ahead if the username you have chosen is available or else choose another.
- Now connect your wallet and start enjoying BetDEX betting and its features.
Do you need to do KYC?
The “Know Your Customer” step must be completed to have a BetDEX account for betting. Users need to provide identification documents according to the level they are on. This would help in preventing any fraud and illegal activities on the platform.
- Level 1: It needs only your name, DOB and residential address- the basic information.
- Level 2: Submit ID proof and address proof.
- Level 3: You have to give proof of source of income.
Benefits of joining BetDEX
- Have access to an impressive selection of sports betting markets for utmost entertainment.
- They encourage only crypto payments and don’t manage your bets or money.
- No hassles of making any deposits or withdrawals every time.
- There are no account restrictions for winners, unlike many betting sites.
- Enjoy high liquidity and better chances of winning.
- Our secure and reliable platform keeps your mind at peace while placing your money.
- Experience quick and incredibly cheap transactions.
Your Wallet, Your Control
BetDEX prioritizes your security by giving you complete control over your funds. As told, they never hold your money; rather you receive your betting profits right after market settlement.
Understanding wallets: Crypto wallets are basically where your credentials are stored that you use to access your cryptocurrencies. They are designed to protect your assets and make them accessible while you send and receive digital currencies. A wallet can be a hardware device (least prone to hacking since it’s offline) and a mobile app that lets you manage your assets directly from your device.
Supported wallets: BetDEX facilitates direct exchanges to and from your wallet and requires the users to have a Solana-supported wallet. As a non-custodial exchange. Currently, the platform is compatible with multiple wallets like Phantom, Solflare, Glow, and Coinbase for they all are accessible on the Solana Network for a safe and smooth experience.
Click here to learn how to install a wallet.
How BetDEX Exchange Works?
Picture this- you feel like having some fun with sports betting and you log in to your BetDEX account and you find that everything is automated. Wow! Thei decentralized system gives you maximum control and transparency. Here is a detailed explanation of how it works:
- Place the bet: Now you want to place a bet on a winning team and it happens to be team A. You simply sign in to your BetDEX Exchange and put your money on it.
- Smart contracts: Smart contracts are like digital agreements that get into action automatically when the conditions are met and efficiently manage your bets.
- Matching the bet: The smart contract finds and ensures there’s always another person betting on Team A to lose so that each bet has both sides and it’s fair play.
- Result awaited: The smart contract closely watches the game between Team A and their opponents and waits to see the results.
- Settling the bet: After the game is over and we know who won, the smart contract finishes the bet automatically telling you if you lost or won depending on your bet.
- Transparency all along: As discussed, the entire betting process is straight and unbiased and doesn’t need any central authority. The smart contracts are potent enough to match and settle the bets according to the outcome.
What sports can I bet on?
Satiate your your betting appetite with Football World Cup & leagues, NBA games, NFL, CFB and NHL action. There are also MLB, UFC and top boxing matches as well to place your money on. Then there are Rugby and Cricket matches to keep the excitement going. Esports fans, BetDEX didn’t forget your League of Legends, DOTA, and CSGO.
Available Markets
Get an impressive range of betting markets for different preferences. Here is what you can expect from BetDEX Exchange:
Match Markets: Experience the adrenaline-favorite Football matches with markets including full-time results, part-time results and over/under X Goals presenting several betting options for an ultimate thrill.
Outright Markets: Love the guessing game? This is for you. Outright Markets allow you to bet on the results of huge competitions like the World Cup or on individual achievements like the MVP. Check out the current outright markets on offer and predict the outcome!
Here is a list of all the sports and competitions available on BetDEX at the moment.
Funding Your Account
You can add funds to your BetDEX account by linking your preferred crypto-wallets to your account and then purchase USDT and SOL from a trustworthy crypto exchange. Here is the detailed process that you can follow. After making the payment the funds will be easily transferred to your linked account. Plus, some wallets let you purchase USD coins using your credit card directly within the wallet interface.
Withdrawing Your Winnings
Place a bet on BetDEX and the system will look for the perfect match. If you’re betting on the winning of a team, the system finds someone who is betting against them at the same odds for a fair game. Your transaction is completed upon finding a match but if no match is found, you get a refund on your order. Is this unreal? No, it’s BetDEX and nobody feels left out here!
BetDEX Affiliate Program
As much as BetDEX is an incredible place for betting on your favorite sports, it’s an extraordinary opportunity to earn money through an Affiliate Program! Joining the platform means partnering with a team that comes with a competitive experience in the sports betting industry. They have developed a very convenient sports betting exchange with the $20 million raised in VC funding. What makes them stand out from the crowd is that BetDEX doesn’t ban or restrict users and never charges any premium fees. Now when you are getting convinced about BetDEX’s credibility, let’s learn more details.
How to be an affiliate: It’s quick, it’s easy and it’s profitable! You can apply through the website and send your application. Once you are approved, you can access our marketing collaterals to actively promote BetDEX.
Benefits of being an affiliate: First, let’s talk money. There are going to be monthly payouts. Whether cost-per-acquisition or commission-based rewards, you choose how you want to earn. There will also be dedicated account managers to help you with designing assets, campaigns and contests.
Current promotion: Right now BetDEX is rewarding affiliates with up to $25 for every new customer they get on board and place at least one matched bet on the exchange.
Rules and restrictions: To be eligible, the new user must place their first order with odds of at least 2.0 for either backing or laying the bet. They count only one order per market. Canceled and unmatched orders will not be qualified for rewards.
Payment Process
Payouts are always processed by the 15th of the next month, if eligible. There is no maximum limit to the amount you earn. Yay! What’s stopping you from seeing your earnings grow?
Responsible Gambling at BetDEX
BetDEX works hard to provide users with the best possible experience that’s not just fun but also harmless. The platform makes sure that our customers are aware of the risks involved in gambling so they can be careful. Below are some useful tips for cautious conduct:
Play in moderation: Gambling is fine only as long as it’s for fun and not an escape from or solution to your problems.
Don’t chase losses: Losing is a part of the game so don’t try to recover your money through further gambling.
Bet within limits: Put only the amount you can afford to lose so you don’t start borrowing.
Tracking: Keep a check on the time and money you have spent on gambling to monitor your intensity.
Try other activities: Don’t get too indulged in betting. Instead, try more leisure activities for a good lifestyle.
Understand the odds: Learn how to bet BetDEX properly but also remember that there will always be winnings and losings.
Take a break: Take some time off gambling in the following ways:
- Setting limits: Set a cap on your betting limits to be in control. Your requests to increase the wagering limit will require a 7-day notice so that would help.
- Time out: Select a time-out period during which you cannot place bets. Keep it at least for 3 days for effectiveness.
- Self-exclusion: Decativatdd your account for some months or even years to stay away from it during this time.
Underage Gambling
BetDEX is very uncompromising on the minimum age policy and would never allow individuals under 18 to have an account. There would be strict actions taken against the defaulters.
Support and Assistance
If you think you are going through a rough time with gambling and it’s becoming an addiction, seek help. Look for early signs like criticism from people, overspending on gambling than intended, and neglecting work and family. Contact the support team for immediate assistance and seek help from specialized organizations if required.
Customer Support
Sports betting is quite an exciting experience that becomes even better if you have a dependable support team by your side. Their dedicated professionals are always ready to assist you with any concerns you may face at any time. Just write to them at [email protected] and you will be assisted within no time.
