Norway - Allbets TV Norway
100% welcome bonus up to €100
Receive

Ethereum Betting Sites in Norway 

Ethereum is a decentralized public blockchain platform that has gained immense popularity among punters for sports betting.

Ethereum’s inherent cryptocurrency, Ether (ETH), can be utilized as an alternative for regulating currency, which, in turn, can help retain your anonymity while online gambling. Thus, many popular online betting sites in Norway now offer Ethereum as a payment option. It is not only safe but also facilitates easy financial transactions. If you prefer trading in Ethereum, you can now use it as a dependable fiat currency substitute for online betting.

In this guide, we have put forth the best Ethereum betting sites in Norway that you can try for an enhanced online betting experience.

List of Bookmakers that Accept Ethereum

Rank Bookmaker Rating Bonus Get bonus
1
4.8/5
225% welcome bonus on the first three deposits
PlayRead review
2
4.5/5
100% Welcome Bonus up to 1 135 NOK
PlayRead review
3
4.5/5
no welcome bonus for sports
PlayRead review
4
4.5/5
100% welcome bonus up to 2,000 NOK
PlayRead review
5
4.5/5
Welcome bonus of up to 17,500 NOK
PlayRead review
6
4.5/5
150% welcome bonus up to 1 500 NOK
PlayRead review
7
4.5/5
100% deposit match bonus up to 17,000 NOK
PlayRead review
8
4.5/5
Welcome Bonus up to 100 EUR
PlayRead review
9
4.5/5
100% Welcome Bonus up to 2000 NOK
PlayRead review
10
4.8/5
100% welcome bonus up to 1120 NOK
PlayRead review
Load more

New Bookmaker Bonuses

  • Receive Review
    Bonus
    100% welcome bonus of up to 1000 NOK
    For new players arriving at MegaPari, an amazing welcome bonus awaits you all. It’s a wonderful opportunity for new players…
Table of Content

Why Use Ethereum Payment Method in Online Bookmakers

Nowadays, all bookmakers have a variety of payment methods available, such as bank transfers, checks, credit/debit cards, and more. However, due to high-security risks and chances of identity theft, some Norwegian users are not comfortable using these modes of transactions when it comes to online betting. If you feel the same way, fret not!

Ethereum has got your back! It is becoming a widely available payment option at several online betting sites due to the safety, anonymity, and swiftness of transactions it facilitates. Using Ethereum, you can deposit and withdraw money from your online betting account hassle-free.

 

Ethereum Betting Overview

Transparent operations

✅

Fast Payouts

✅

Anonymous Internet Transactions

✅

Secure & Safe

✅

LowFees

✅

Is Ethereum Safe for Betting in Norway?

Ethereum Norway

Yes, Ethereum is safe for betting in Norway. The robust security system of cryptocurrencies like Ethereum shields them from third-party breaches, making them highly secure. The essential core software of the Ethereum blockchain is open-sourced and verified by cryptographers. It means that a large number of computers connected across an intricate network monitor every transaction that takes place during online betting. Besides, Ethereum also employs the view-merge fork-choice algorithm, impeding the rate of third-party attacks. It aims to reduce block finalisation time through single slot finality (SSF), preventing profit-driven "reorg" attacks.

Decentralisation prevents censorship, and distributed validator technology (DVT) ensures validator responsibilities are shared among multiple nodes, making attacks harder. Encrypted transactions and inclusion lists further mitigate the chances of data leaks. Thus, all these safety factors contribute to the recent proliferation of online Ethereum betting sites in Norway.

How to Bet With ETH

A safe and easy-to-use payment option like Ethereum is bound to make your online betting experience more enjoyable. However, it is important to familiarise yourself with the steps you should take to use it in transactions without any hiccups. Refer to the table below to get step-by-step instructions on how to bet using Ethereum.

  • Choose a reliable Ethereum betting site
    step 1

    The first thing you need to do before embarking on your online betting journey is to check our list of the best online bookmakers that accept Ethereum. Evaluate the list thoroughly and pick the one that seems suitable for you.

  • Familiarise yourself with the bookmaker you choose
    step 2

    Once you have decided on your desired online betting site, register an account on the platform. Explore the diverse range of games available, and get yourself acquainted with the interface of the bookmaker and its rules and regulations.

  • Fund your online betting account with ETH
    step 3

    Before depositing Ethereum to your betting account, make sure you have a crypto wallet where your ETH is safely stored. Next, visit the “Cashier” or “Deposit” section. Then, select “Ethereum” as your desired deposit option from the list of payment modes available. Choose the address where your ETH is stored and the Ethereum equivalent. Follow the subsequent steps as prompted on the page to complete the transaction.

  • Start Placing bets on your favourite game
    step 4

    You are now equipped with all that you need to start your Ethereum betting journey online!

How to Withdraw Ethereum From a Bookmaker

How to Withdraw Funds

Betting with Ethereum offers the advantage of speedy transactions while withdrawing your winnings. So, here’s how you can withdraw money from your betting account through Ethereum.

 

  • First, click on the “Withdrawal” tab of the bookmaker.
  • When the page opens, select a broker exchange of your choice from the options that offer Ethereum as a liquidation option.
  • Once you do that, just enter the amount you wish to cash out.
  • Complete the transaction procedure and wait for payment confirmation. You will have your money as soon as the transaction is processed.

Cancelling a withdrawal request

In Ethereum betting sites, cancelling a withdrawal request involves utilising an external address through the account funding feature. This option is available only when the transaction is still in progress and hasn't been sent to the blockchain. To cancel, you can navigate to the withdrawal page on the site and click the designated 'cancel' button.

Don’t withdraw all your funds at once

Most Norwegian Ethereum betting sites do not have any withdrawal limits. But you should restrict yourself from withdrawing money in one go. It is inadvisable to empty your entire prize pool, as maintaining a certain amount in your online betting account will benefit you in the future whenever you’d need funds urgently.

How Deposit and Withdrawal limits work

There are certain limits and restrictions imposed on Norwegian Ethereum betting sites when it comes to deposits and withdrawals. These limits are usually determined by the bookmakers to help users make the most of their online betting journey. Having a restriction in fund depositing prevents users from spending too much money, while a withdrawal limit ensures a quick transfer of their earnings. So, to give you a better idea of the deposit and withdrawal limits at different bookmakers, we’ve curated this table below. Have a look!

Bitcoin to use Ethereum for betting in Norway

Bookmaker

Deposit time

Withdrawal time

Commission fee

Min/max deposit limit

Min/max withdrawal limit

Starda

N1bet

–

–

–

–

–

Rabona

Instant

Up to 3 days

0%

equivalent of 150 NOK/19,000 NOK

equivalent of 150 NOK/19,000 NOK

Megapari

Instant

Up to 3 days

0%

equivalent of 130 NOK/-

equivalent of 130 NOK/-

GGbet

–

–

–

–

–

VulkanBet

–

–

–

–

–

1xBet

Instant

Instant

0%

equivalent of 1,200 NOK/-

equivalent of 1,200 NOK/-

 

Pros and Cons of Sports Betting with Ethereum

Like every other online betting payment method, Ethereum comes with its own set of pros and cons. Let’s have a look at what its merits and demerits are.

Pluses
  • Swift and secure transactions
  • The safety of your crypto wallet and stored currency is ensured
  • Anonymous transactions
  • Global acceptance
Minuses
  • Not every online betting site provides Ethereum as a transaction option
  • The worth of Ethereum is more volatile and prone to change over time
Read More
Ripple Betting Sites in NorwayLitecoin Betting Sites in NorwayBitcoin Betting Sites in NorwayCrypto Betting Sites in Norway
Author
Jarin Ahmed
Like many aspiring writers, Jarin focuses on bringing life to the text for her readers. She is an avid sports lover, growing up in a family obsessed with bookies. She is an expert in the iGaming niche and has secondary obsessions with Gardening and cooking.
Article rating
5/5
1 vote
WELCOME BONUS 200% TO DEPOSIT AND 150 FS
100% WELCOME BONUS + 150FS
UP TO 1500€ +150FS
UP 200% WELCOME BONUS
WELCOME PACKAGE UP TO 1500€ + 150 FS
50 FREESPINS
Spin the wheel and get the guaranteed bonus!