Dexsport Offers Blockchain-Based, Transparent and Fully Controlled Betting on a Wide Range of Sports Events

Ready to make your sports betting experience more exciting? You've heard of cryptocurrencies and the various applications of the blockchain industry, but are you aware of how these technologies have the potential to transform the way people enjoy betting on their favorite sports teams and making predictions about real-world events? Well, today is the day you become aware.  

The main difference between regular betting and blockchain-based betting is that with the latter, everything is done on the blockchain, which enables greater levels of security, transparency, and automation than traditional betting.  

In regular betting, most processes are manual and on centralized platforms which can lead to potential security breaches. Enter Dexsport, the world's first blockchain-powered betting platform. 

What is Dexsport? 

Dexsport is a Web3 betting platform with audited smart contracts, user-friendly policies, and low commissions and fees. Combining sports betting and DeFi at its core, Dexsport is a decentralized protocol built on the Binance Smart Chain (BSC) with operations extended to the Polygon, OKC, and Avalanche blockchains. This protocol gives users the ability to create and settle bets without a central intermediary in order to make the betting process transparent in an effort to change users' perceptions about betting.  

The platform leverages blockchain technology and smart contracts to create a reliable environment where bettors can securely interact with one another without having to worry about their privacy. What makes Dexsport even better is its low transaction fees and fast payouts, all thanks to the power of decentralization. 

Dexsport's sports and esports betting runs on the principle of a shared pool of liquidity. Bettors deposit into the pool when making bets and winnings are taken from the pool instantly. In the case of losses, the deposits remain in the pool. 

Users can bet with 15 different cryptocurrencies spread over the BNB Chain (DESU, BUSD, MDAO, WBNB, LAUNCH, 2CRZ, DOGE, TIME), Avalanche (WMATIC, USDT, TNDR), and Polygon (WAVAX, USDC). The most notable of these is the $DESU token, which is native to Dexsport. There’s also a live overview of the bets placed on various blockchains and pools supported on Dexsport on the website, which is consistent with the company's commitment to transparency. 

Dexsport also has a section with ‘Play-to-Earn’ fast-paced games such as dice and crash where users can place bets on a few virtual games that have incredibly smooth graphics and animations. 

What makes betting with Dexsport different? 

Dexsport promises a whole new level of bettors convenience, anonymity, and trust. So, what exactly is it about betting with Dexsport that makes it so unique? Well, the platform has taken the industry by storm and we can confidently say that it's one of the best ways to bet online. Here are a few major selling points we’ve found: 

• Integrated smart contracts 

Smart contracts help to create an equitable playing field by enforcing rules that all parties agree upon prior to placing the bet without the involvement of any intermediary. Bets and payments made through Dexsport are guaranteed to be secure and processed in a timely manner thanks to the usage of integrated smart contracts. 

• Security and Privacy 

Blockchains are known to be one of the most secure working systems in the world. Using blockchain technology, Dexsport offers unparalleled security and privacy. Users can bet on any sports matches by connecting only their decentralized wallets without providing any other information. Meaning control over their own funds with all personal and financial data remaining encrypted and safe at all times. 

• Transparency 

Traditional bookies can sometimes refuse to pay out but transparency is at the heart of Dexsport, so you can always be sure that the odds and winnings are fair and convenient. With the use of smart contracts, you can quickly check the results of any transaction that has been carried out on the Dexsport platform so you don’t have to worry about any hidden fees or centralization of companies.  

• Speed 

Because Dexsport runs on a decentralized protocol, you get near-instant transactions between players and bookings. Instant payments are enabled via blockchain technology so no more waiting around for days or weeks for your winning prizes to arrive. 

The DESU token 

The DESU token is the fuel behind Dexsport, and it serves multiple purposes for transactions among users. Apart from betting with the token, you get early access to new sporting events, better commissions and rewards, discounts on bets, and voting rights for the platform’s development. 

DESU can be bought directly on PancakeSwap or Kanga exchange, but it can also be acquired as rewards for frequent giveaways on Dexsport and referral bonuses. There are also plans to launch DESU staking in the near future. 

How to start betting on Dexsport blockchain-based platform 

As a blockchain-based platform, users don't need to go through a typical registration and KYC process to share their personal information before betting on Dexsport. This not only saves users' time but also enables them to fully concentrate on the betting experience itself. 

To start betting, visit Dexsport.io. All users need to do is simply click on "Sign in" to link their decentralized Web3.0 wallet (Dexsport recommends MetaMask) containing supported cryptocurrencies. 

Collecting winnings is quick and easy on Dexsport and works the same way. Simply withdraw them to your decentralized wallet with one click. 

Conclusion 

All in all, Dexsport is a better option for crypto enthusiasts and sports bettors who value full privacy and anonymity with a safe and secure online betting experience. 

You can now easily place bets using cryptocurrencies on a wide range of betting options from anywhere in the world thanks to blockchain technology. Whether it's soccer or tennis that you're into, baseball or basketball, boxing or MMA, esports, you name it. Dexsport has got you covered.  

With its plenty of features, it should come as no surprise that such a large number of individuals are selecting Dexsport as their go-to betting platform. Join the platform right away.  

Visit the official website and various social media channels (Telegram, Twitter, Facebook, etc) to learn more about Dexsport and to take advantage of the ongoing referral program. 

- Alistair Prescott, Gambling911.com