FanDuel, a sporting entertainment company that generated $220 Million in entry fees alone is now accepting Bitcoin deposits on their platform through BitPay.
“NFL Football is one of the most popular sporting events to watch and the start of the football season makes it a perfect time to introduce Bitcoin to these fans,” said Sonny Singh, BitPay’sChief Commercial Officer. “We wanted to have the option in place for Bitcoin users to deposit cryptocurrency into their FanDuel accounts and take advantage of the daily fantasy sports games,” Bitpay's press release stated.
Press release also talked about the bonus of 10% (up to $2000) for the first time depositors. "FanDuel customers can utilize BitPay to deposit from any computer or mobile device using a safe, secure, and seamless process. Bitcoin users who sign up as a first-time FanDuel customer and deposit a minimum of $10,000 receive an additional 10% deposit, up to a $2,000 bonus. There is no charge to Bitcoin users to make a deposit. The Bitcoin promotion is currently available for FanDuel’s daily fantasy app only."
Fantasy sports and cryptocurrencies are a perfect match and we could see more companies offering genuine services in the space in the future. Wagerr is already working to make this space globally accessible.
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