Coingaming has confirmed the launch of a new Bitcoin-only sportsbook for players in various markets around the world.
The platform will enable operators using the Bitcoin virtual currency to offer their customers access to sports betting services.
Users will be able to place bets on a range of major sports events including mixed martial arts and e-sports.
Mark McGuinness, communications director at Coingaming, said: “The underlying Bitcoin sportsbook technology shall offer significant advantages over traditional currency based fixed-odds platforms.
“We have over 10,000 live betting markets on offer per week, including fast developing betting sports such as MMA and e-sports.
“Benefits for the player include the ability to place larger bets on events on any device with better odds, instant deposits and cash-outs.
“These features will appeal to young, smart, mobile-focused sports bettors that demand instant gratification.”