Bumbet prefers Bitcoins on its transactions

Bitcoin, which recently made headlines for exceeding the value of gold, has been gaining more and more space in the international market. Companies from various industries already consider accepting it in their e-commerce systems, and even in physical stores.

Naturally this revolutionary method of payment would soon reach the betting market, and with the increase in interest in Bitcoins in Brazil, it is only natural that some companies begin to adapt their electronic wallets.

With the currency becoming more widespread, one of the great bets of the company that controls the Bumbet brand, is to focus on this secure, fast and anonymous way of payment, in order to make it accessible to its customers. A currency without borders, barriers or centralizing agencies, perfect for the online betting market.

Before Bumbet took this decision there was already an indirect way that allowed gamblers to use Bitcoins, but the way was through the Neteller e-wallet that accepts Bitcoins to load their wallet and thus transfer to various betting houses. But there is a loss of money value in this process, which ends up culminating in the lack of interest by users.

Within the national online betting market however there was still no other company accepting Bitcoins directly. This initiative can represent a significant advance in the national market, which should serve as a reference for other companies.

What will be the next betting house to accept Bitcoins in Brazil? In a short time we should have the answer to this question, until some sources suggest that we will have news later this year.

Alessandro Valente

Alessandro Valente is a marketing consultant for the online gaming industry and a founding partner of Latam Affiliates.