Bitcoin SV is the latest in a long line of cryptocurrencies that are making an impact in the online payment industry.
Bitcoin transactions are swift and convenient, which makes them a very hard thing to ignore for not just customers, but online providers too.
Bitcoin SV (BSV) was founded in 2018 and is now available with a variety of online sportsbook providers globally, pertinently providers in the US.
The name Bitcoin SV, or Bitcoin Satoshi Vision, comes from one of the alleged creators of the original Bitcoin currency, Satoshi Nakamoto.
Bitcoin SV broke away from the Bitcoin Cash project to become it’s own currency after there were some disagreements within the development team about the direction and future prospects for the currency.
Bitcoin SV has some great features that make it stand out from the crowd. These include the great potential for growth of the currency, anonymity for users and first-rate security guarantees on transactions.
There are a variety of top-rated online sportsbooks providers available today for US players, with only a few offering Bitcoin SV as a deposit method. Take a look at the full list below.
Bovada is one of the biggest online sportsbook providers operating in the U.S., with a dedicated community of millions Bovada is a great option for those looking to deposit with Bitcoin SV.
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If you enjoy playing the casinos, Bovada Casino also accepts Bitcoin SV.
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After discovering the broad range of benefits of using Bitcoin to deposit money, for many bettors, it is the only payment option for them. With so many Bitcoin payment options available to sportsbook users; why choose Bitcoin SV?
One of the things that stands out to us the most is the speed of transactions. Payments made using Bitcoin SV are so quick, they appear to be instantaneous. This is a great advantage for sportsbook players, as they often want to access their fresh funds straight away.
Another advantage of depositing with Bitcoin SV is the high bonuses on offer. There are many websites offering a variety of different bonuses, but each one of those offers great rates. Bitcoin is a currency that is convenient to work with for both customers and providers, so it often draws great rates.
Finally, we will touch on the aspect of Bitcoin SV, and all Bitcoin cryptocurrencies in fact, that makes it a preferred option for many sportsbook users. That being the ability to carry out transactions in total anonymity.
Generally speaking, the fees for Bitcoin SV are quite low. Cryptocurrencies generally get great rates on deposits and often don’t incur any fees at all. While this isn’t always the case, it is something that we see quite regularly.
The biggest problem at the moment with Bitcoin SV is the fact it isn’t widely accepted. While there are some sportsbooks, which we highlighted above, that do accept the currency, it still needs some more years to grow and get picked up by other major providers.