Crypto Sportsbooks Redefine Sign-Up and Deposit Process

Crypto sportsbooks are changing the game when it comes to signing up and depositing funds. Gone are the days of tedious identity verification and lengthy account setup processes.

Dexsport, a crypto-native sportsbook, is a prime example of this new approach. Users can register with an email or Telegram account, or connect through supported Web3 options such as MetaMask and Trust Wallet. No routine KYC is required for registration, allowing users to access the sportsbook without submitting identity documents.

Traditional regulated sportsbooks, on the other hand, require a more comprehensive onboarding process. Users must provide personal information, including name, date of birth, residential details, email address, phone number, and other required documentation. This is in addition to geolocation controls to verify the user's physical presence in an eligible jurisdiction.

When it comes to deposits, crypto sportsbooks offer a more streamlined experience. Users can transfer cryptocurrencies directly from their personal wallet or exchange to the sportsbook's deposit address. The available payment infrastructure is broader than just Bitcoin, with dozens of cryptocurrencies supported across 20 blockchain networks.