SX Bet Review 2023

SX Bet is a crypto betting exchange giving you the chance to bet on your favourite sports with crypto. The site is incredibly easy to use and has a lot to offer. While it may not have any casino games for you to play, it has a huge list of sports to bet on, including basketball, football, soccer, MMA and eSports. There are some excellent promotions on offer too, and you can claim $1,000 when you sign up. Join today or read more details in our SX Bet review.

SX Bet Bonuses and Promotions

SX Bet has some great promotions for you to enjoy, including a generous welcome offer, betting tournaments and staking rewards. You can find the details of these offers on the rewards page, and we recommend reading through the terms and conditions carefully before you sign up.

Welcome Offer

The welcome offer at SX Bet is incredibly easy to claim and very generous. You’ll get $20 in free bet credits simply for signing up and verifying your account. Not only that, but the betting platform also provides a $1,000 bonus which you can claim by placing bets. Unlike matched deposit offers, you don’t get this bonus straight away. Instead, your bets are matched at 2% until you’ve claimed the full value of the offer.

While this takes longer to unlock, it means you’ll still be enjoying your rewards long after you’ve opened your account. There are no wagering requirements to worry about either, and your bonus is paid to you in USDC, so you can withdraw or use it to bet.

Regular Bonuses

Aside from the welcome offer, SX Bet has other promotions on offer, all of which are easy to claim. There are regular tournaments held for most major sporting events, where you’ll have the chance to win cash prizes simply for placing bets. There are $10,000 in prizes available, and all you need to do to take part is place at least five bets on selected events.

In addition to regular tournaments, make sure you check out the staking rewards. Each time you place a bet at SX, you’ll gain SX tokens, which you can stake. The more you bet the more tokens you’ll earn, and the higher your staking rewards will be. This is a program that offers incentives for regular betting and loyalty.

Sports at SX Bet

There are no games to play SX Bet, as it’s a sports betting exchange rather than an online casino. However, the site has loads of different sports you can bet on. From the main page, you can easily choose one of the categories, which includes the following:

• Upcoming

• In-play

• Favourites

• Popular

• Football

• Basketball

• Soccer

• Tennis

• Baseball

• MMA

• eSports

• Racing

These sports feature a wide range of different competitions and leagues from around the world, and you’ll be able to bet on them all at SX Bet. The betting site does a great job of offering odds on loads of events, and both live, and pre-live markets are available.

Payments at SX Bet

You can make deposits and withdrawals at SX Bet using cryptocurrency or fiat. The payment process is very simple, and there are no fees to worry about. The site uses Ethereum (ETH), US Dollar Coin (USDC) and SX tokens, though it’s possible to swap other crypto for these assets in order to place bets.

Deposits

To make your deposit, you can either choose to transfer your preferred cryptocurrency or you can purchase USDC. Deposits made using the following methods are accepted:

• Ethereum

• USDC

• SX

However, you can also purchase crypto using fiat or by swapping other cryptocurrencies you own. Purchasing crypto is done through Moonpay, using your debit card, or you can use PayTrie and set up an Interac transfer. There’s no minimum deposit and no maximum limits either for crypto. For fiat payments, there’s a limit of $2,500 per day.

Withdrawals

The withdrawal process is also really simple, giving you quick access to your funds anytime you want it. You can directly transfer out your crypto, and there are no fees or minimum amounts. However, you will have to ensure that you have enough available to pay any gas fees when requesting your withdrawal.

SX Bet Security and Reputation

SX Bet is a peer-to-peer sports trading platform rather than a traditional sportsbook. This means that you place and lay bets against other users, and it’s all done through smart contracts on the Ethereum public blockchain.

The site is fully licensed and protects your funds by ensuring you have full ownership over any cryptocurrency you deposit. Only you have access to your private keys, and the smart contracts ensure that all bets are fair. Thanks to this, the site has a great reputation among crypto bettors.