Can I Bet the FIFA World Cup Online From Kenya Using Bitcoin?
Kenya has no shortage of sports bettors (punters), the vast majority of whom following football leagues around the world, mostly European and Premier League. For this year's FIFA World Cup, the best way for them to place bets online will be with bitcoin using a cryptocurrency wallet that can be linked to one's banking account.
*Bookmaker Welcomes Players From Around the World - Most Crypto-Currencies Welcome
Located in Africa, Kenya boasts a population of just over 49 million, making it the 28th most populous nation in the world.
Arsenal has the largest fan base of any other Premier League team in Kenya, with 30% of respondents backing the Gunners. Another quarter of the population backs Manchester United while just over 17% support Chelsea.
Kenya will not be in this year's FIFA World Cup, however, Nigeria and Morocco will be representing the continent.
Kenya's most trusted cryptocurrency exchange (to buy and sell bitcoin) is Belfricks. Because most crypto exchanges prohibit transactions directly with online gambling sites, it is always recommended to use a trusted wallet like Bitcoin.com as an intermediary.
HOW TO USE BITCOIN AND OTHER CRYPTOCURRENCIES FOR BETTING THE FIFA WORLD CUP
The online betting site will simply have you send them the special address/token obtained from the Bitcoin wallet or exchange.
You would select either SEND (to deposit funds) or RECEIVE (to withdraw funds).
Some exchanges allow customers to link directly with their bank accounts or PayPal. The Bitcoin can be converted into the currency of your choice then transferred into your account in as little as 24 hours.
You will want to verify all your information (including personal identification) with the exchange prior to sending and receiving funds. Typically they will suggest setting up an authenticator on your mobile device for added security.
- Aaron Goldstein, Gambling911.com
