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Ethereum-Based Betting Site Cracks 1 Million Wagers Milestone
By Shane Addinall Oct 22, 2019 IndustryBether based sports betting site achieves impressive 1,000,000 wagers placed milestone this month and rewards the lucky Russian sports bettor with a sizable virtual currency prize.As the blockchain and the cryptocurrencies built on its framework become an accepted part of the daily conversation, the more advancements can be expected from the space. Online gambling has always been at the forefront of embracing new technologies and this has seen more gambling sites such as BitCasino, BitStarz Casino and 22Bet Casino adopting crypto as a preferable deposit and withdrawal solution.
✓Achievement Unlocked: 1 Million Bets
One of the rising stars in the virtual currency betting arena is the Hong Kong-based site Bethereum. Their site offers global access to social betting on both sporting events and eSports via their own Ethereum-based coin aptly named Bether.
In August 2019 they announced that they had processed over nine hundred thousand wagers and would be tracking their progress as they approached 1,000,000 bets! They officially hit the momentous 1 Million Wagers milestone this month. The lucky Russian players goes by the name Damir and received a 50,000 Bether prize from the betting site as a reward for unlocking this amazing achievement.
✓Bether Eyes Market Integration
The long-term goal of the betting site is to have their Bether token become a mainstream cryptocurrency that can be bought and sold on exchanges around the world. At the time of writing this, the virtual coin can already be traded on CoinBene, CoinTiger, IDEX and Eterbase.
However, at present, the most commonly used exchange-based crypto wallets such as Coinbase do not support Bether. In order to safely store the coin, you would need to open an additional wallet at one of the following:
- MyEtherWallet (no download needed)
- MetaMask (Firefox and Chrome browser add-on)
- Mist (Desktop)
- Parity (Desktop)
- imToken (iOS/Android)
- Trust (iOS/Android)
- Cipher (iOS/Android)
If they have any hope of the virtual coin becoming a real player in the crypto space they will have to work on making the coin as widely securable as possible which would mean engaging with the likes of Coinbase.
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