Last updated on: July 17th, 2023
Legal USD Coin Sportsbooks | Best USD Sports Betting Sites
USD Coin(USDC) has proven to not only be one of the top stablecoins on the market but one of the best overall cryptocurrencies to use at legal USD Coin sportsbooks. Founded in 2018, USD Coin was created by Centre and Coinbase, with the peer-to-peer platform and cryptocurrency exchange joining forces to create an option that now has one of the ten highest market caps in the world. As such, the top legal sports betting sites take USD Coin as deposits and withdrawals.
Legal Sports Betting Takes That Take USD Coin
As a commonly traded crypto on the current market, USD Coin is a secure method for funding legal online sportsbook accounts. The only sportsbooks that accept USD Coin for transactions are online and regulated internationally, as state-regulated books do not yet accept crypto transactions. These online books all offer great welcome bonuses, no fees, and quick payouts with USD Coin for US bettors.
Is It Legal To Use A Sportsbook That Accepts USD Coin?
Yes, it is legal to use sportsbooks that accept USD Coin. The sportsbooks that accept USD Coin are governed internationally, meaning they are free to operate as a business over the internet through the free trade agreement. Individual states that have not yet legalized sports betting have no authority to shut down sportsbooks that are licensed within their own country.
Even though Bovada does not accept direct USD Coin transactions, players of the site can easily trade their USDC for Bitcoin or any other cryptos that Bovada offers. Crypto exchange sites like Coinbase allow bettors to trade USDC for BTC directly on their platforms with minimal or no fees involved. These coin transactions typically process instantly, allowing Bovada players to hop on and deposit with no wait endured. Bovada makes betting with crypto an easy and secure experience that offers instant deposits and 24-hour payouts when using BTC and up to 48-hour payouts with other coins.
- Easy USD Coin Deposits
- Exclusive Player Props
- Easy-to-use Interface
- Mobile Friendly
- Efficient Payouts
BetOnline offers big bonuses for every player on the site when depositing with USD Coin. Between new player bonuses and already existing player bonuses, USDC helps bet big with instant deposits through deposit match bonuses up to 100%. The legal sportsbook’s biggest bonus is through their first-time crypto bonus that offers up to $1,000 in betting credits. For players who have already deposited with BetOnline, they offer a $350 bonus that has no limit for redeeming with USDC for players in the US.
- Reliable Banking Methods
- Strong Server Connection
- 10+ Year Track Record
- Huge Assortment Of Odds
- No App Mobile Betting
By evolving with the legal sports betting market, MyBookie has added USD Coin to their list of cryptocurrencies that can be used to deposit and place wagers. USD Coin is one of the most efficient coins for betting on sports because there are no fees attached to any transactions. No matter if a MyBookie player is depositing $50,000 into their bankroll or requesting a payout of $500,000, bettors with MyBookie can trust that every transaction is a secure, fast and free fee when using USDC.
- Huge Player Bonuses
- Consistent Odds
- Easy Interface
- Rapid Live Betting
- Legal In Florida
How To Bet On Sports With USD Coin
Buying and then transferring USD Coin into sports betting account is an incredibly easy endeavor that often sounds more complicated than it truly is. Users begin by creating a sports betting account and a separate cryptocurrency exchange account. The USD Coin can be bought in the cryptocurrency exchange with sportsbook deposit methods such as debit and credit cards or even with direct bank account information. After that, users must copy the sportsbook’s wallet information, which can be found in URL form after clicking on the USD Coin depositing option. Once copied, go back to the exchange, click “send”, and paste the destination. After entering the desired amount to transfer, users should be able to place their bets within minutes.
Legal USD Sports Betting Deposits And Withdrawal Limits
There are no fees when depositing or withdrawing with USDC at any of the legal sportsbooks that accept cryptocurrencies for transactions. However, each online sportsbook has their own set limits for depositing and withdrawing with the currency. They all have instant deposits in common and a 24-48 max processing time for fast sportsbook payout requests.
Limits For Legal USDC Deposits
|Bovada (Through BTC)
Limits For Legal USDC Payouts
|Bovada (Through BTC)
Mobile Betting With USDC At Legal Sites
Online sports betting sites like BetOnline allow betting on their odds and lines with USDC through a mobile browser on a smartphone but they do not currently have any downloadable mobile sports betting apps. Using mobile sportsbooks that accept USDC allows players to make deposits, request withdrawals, and accept bonuses from the convenience of their mobile device. These legal betting sites can be accessed from popular smartphones such as iPhones, Samsungs, Google Pixels, Motorolas, and more.
Do Sportsbooks Offer USD Coin Bonuses?
Similar to depositing and withdrawing, USD Coin users get better bonuses than any other non-cryptocurrency transactional method. Sportsbook promotions may change depending on the legal sports betting site, but sites usually will offer at least an initial deposit bonus. Other reload bonuses may be available by site, but top options such as Bovada offer large initial bonuses, and as such are unable toguaranteee re-up bonuses.
- Bovada: Cryptocurrency Welcome Bonus, 75% Deposit Match, Maximum Bonus: $750, 5X Rollover
- BetOnline: USD Coin Reload Bonus, 35% Deposit Match, Maximum Bonus: $350, 8x Rollover
- SportsBetting: USD Coin Welcome Bonus, 100% Deposit Match, Maximum Bonus $100,000, 14x Rollover
Benefits Of Betting On Sports With USD Coin
There are many benefits of using USD Coin to bet on sports. Outside of the previously mentioned advantages of free deposits/withdrawals with the highest limits, many other advantages exist as well:
- Safety: USD Coins operate on the Ethereum network, which is considered the safest way to deposit. Transactions are encrypted, meaning no information is ever at risk.
- Stability: One of the main drawbacks of USD Coin is that it’s price really doesn’t fluctuate at all. It may change a little bit, but it almost always reverts right away back to one dollar. That means it almost acts as a normal credit or debit card purchase and can be bought as a one-to-one exchange with normal United States currency.
- Speed: Compared to other depositing options, USD Coin is incredibly fast. Legal USD Coin sportsbooks frequently will state that deposits take two hours, but that is the maximum. Bovada for example rarely needs more than 15 minutes to process USD Coin deposits and have the funds read in the account.
Drawbacks Of Using USD Coin To Bet On Sports
The only real drawback of using USD Coin to bet on sports online is that it is not offered everywhere. USD Coin may be growing in popularity and is available at many different legal sports betting sites, but compared to other cryptocurrencies, the options are somewhat limited. For those that have USD Coin and want to join a legal sportsbook that does not accept USD, they can sell their USD for an accepted crypto and use instead. The most common betting alternatives for USD Coin include:
Is Betting With USD Coin Safe?
Yes, USD Coin can be safely used to bet on sports from states with legal sports betting. USD Coin can be used at internationally regulated books that operate legally within their home country’s jurisdiction.
Best USD Coin Wallets And Exchanges
Purchasing and storing USD Coin is extremely easy when using the right exchanges and wallets. The options that we recommend are Coinbase and Crypto.com.