BetDEX

BetDEX review

The gambling portal started operations in 2023. The betting exchange has a licence to operate. The operator Stucktaymore Limited is responsible for the development of the project, having received operating licences from the Anjouan Offshore Finance Authority. For persons subject to Ireland License, BetDEX Labs, Inc. is licensed and regulated by the Irish Revenue Commissioners under remote betting intermediary license no. 1020267.

The betting exchange is based on the Monaco and Solana protocol. There is no welcome bonus. This is compensated by favourable odds and the possibility for the platform’s customers to place their own betting offers. Unlike traditional centralised exchanges, it brings traders together, allowing them to exchange opinions on various results in sports using cryptocurrency on a peer-to-peer (P2P) trading platform.

Cryptocurrency betting opportunities

BetDEX is a trusted platform where you can bet on your favourite sports with fast deposits and withdrawals. BetDEX is powered by the innovative Monaco Protocol. It is a decentralised trading application based on Solana. The protocol provides the necessary infrastructure for seamless exchange transactions, while Solana’s scalability guarantees lightning-fast transaction speeds and extremely cost-effective transactions.

The choice of sports on the betting exchange is limited to the most popular disciplines in Europe and the USA. The bettor can select matches on the following sports:

• American football;
• basketball
• cricket;
• football;
• hockey;
• tennis;
• mixed martial arts.

Periodically, the platform expands the sports line. Sometimes there are bets on baseball, handball, cyber sports games. The bookmaker’s line is not static, so new tournaments and matches are updated regularly.

BetDEX betting exchange has no bets on political or social events, no slot machines and no live casino. The portal is suitable for those who like to place big bets on top disciplines. Unlike traditional and crypto bookmakers, BetDex actually has no limit on the amount of bets. Also, the bookmaker does not block users if they play in the plus side or use winning betting strategies: corridors, valueless bets, forks.

BetDEX is a reliable partner in which the bettor can be sure. The use of smart contracts and web3 makes the decentralised exchange absolutely transparent for the evaluation of bets made and payouts made. Thanks to smart contracts, payouts in the betting exchange happen without delays.

The absence of limits, delays in payments and loyal attitude to plus players – fully compensates not the richest variety of the sports line.

How to register

BetDEX does not have a usual registration form. The portal almost does not collect personal information about customers. To join you just need to click on the Sing Up button. It is located in the upper right corner on the main page of the betting exchange.

When you click on the button, an authorisation form will appear. In it you need to choose a Google profile to log in to the site or enter your email address and click ‘Continue’.

In the first case, authorisation will take place and the client will be able to enter the personal cabinet. After that, you can bet on sports, pre-filling the game balance. If you choose the second option of registration, then after entering your e-mail address, you will need to specify the code from the letter received to this e-mail.

When registering by email, the player fills in a questionnaire with personal information, which the portal automatically receives when authorising via Google. The questionnaire has the following fields:

• first and last name;
• date of birth;
• country of residence;
• address, including street, city and postcode.

After filling out the questionnaire, you need to complete the registration on the game portal.

How to get a welcome bonus

BetDEX betting exchange does not have a welcome bonus. This is due to the peculiarities of the gaming portal. All betting exchanges offer minimal or no reward to customers for registration and making the first deposit.

Customers’ interest in BetDEX is due to favourable conditions for betting. For this reason, the portal is chosen by those users for whom the presence of a bonus for registration is not an important indicator in assessing the bookmaker.

Bonus programme

The bookmaker doesn’t provide a deposit bonus, regular cashback or reward for betting turnover. At BetDEX, the main focus is on the benefits of betting on sports. Players receive minimal commission and high odds, which creates an advantage over similar bets on other platforms.

BetDEX Personal Area

After registration and authorisation at BetDEX, all customers get access to the personal cabinet. There are three main sections: personal information, statistics and limits.

The personal information section contains the name, surname and email address that the bettor entered at the account creation stage. Also in the contacts category there is a field for entering the phone number, in the address category there is the client’s residential address. The last information is filled in at the stage of registration in BetDEX.

In the betting statistics section, the bettor can select the time period for which he wants to check the results. It is possible to choose 24 hours, 3, 7, 30 days and the last 3 months. The information can be downloaded in the form of a table, after which the bets can be analysed. Analysing the bets will reveal the strengths. After that, the data can be used to select the best sport for betting.

Responsible gaming

In the section with limits there is a service for setting up self-restriction. A player can set the time period for which his account will be blocked – from 24 hours to 30 days. There is a possibility to set financial limits. A player can set a limit on account replenishment, the number of deposits or the amount of losses. When the specified limit is reached, the bettor will receive a notification and his account will be temporarily blocked. This allows BetDEX to fight the gambling addiction of customers if they cannot control themselves.

How to top up

To top up an account at BetDEX betting exchange, a player needs to click on the ‘Deposit’ button. It is located in the upper right corner. It is also possible to click on the account balance and select ‘Deposit’ in the menu that opens.

Players can make a deposit in cryptocurrency. To do this, it is necessary to copy the wallet address or scan the QR code. Then specify the amount of the deposit and confirm the operation.

Customers who do not have a cryptocurrency wallet have the option to purchase USDT, and the payment will be made from the balance of a bank card or electronic payment methods. The player needs to specify the currency in which the funds will be debited and the cryptocurrency to be credited. The amount of top-up in USDT or other cryptocurrency will be calculated at the stage of creating the application.

How to place a bet

BetDEX offers a unique feature that sets it apart from other betting platforms: betting on major sporting events with zero commission. This means that users can place their bets without any commission, making it a cost-effective option for sports fans. BetDEX’s zero commission betting applies to major sporting events including the Super Bowl, World Cup and Wimbledon, among others. This feature is another reason why BetDex is a top choice.

The betting exchange has no restriction on the number of bets and limits that customers can utilise after signing up. Players can rest assured that the account will be credited with the amount that is indicated in the coupon. There is no limit on the maximum winnings per bet or per day.

To place a bet on sports a player will need to do the following:

• authorise on the betting exchange website;
• replenish the account if necessary;
• go to the line and select a sport;
• study the matches and select one of them;
• study the lineup and click on the odds that match your prediction;
• go to the coupon;
• specify the amount of the bet;
• confirm the bet.

At BetDEX, bets are placed using smart contracts. All the information about the event and settlement options are prescribed in them. It is not possible to change the provisions of the smart contract. Once the game is over the winner is known, the smart contract automatically finalises the bet, telling you whether you lost or won, depending on your bet.

How to withdraw your winnings

Withdrawal is available by any method that is presented on the bookmaker’s website. It does not matter how the player funded the account. In BetDEX there is no binding of the withdrawal method to the previously used options for funding the account.

To leave a request for funds, the player needs to go to his personal cabinet. Then you need to click on the ‘Withdraw’ button.

To make a transaction to receive money, it is necessary to select networks, specify the amount and address of money credited. After the application for the winnings is approved and confirmed in the blockchain, the client will receive the funds to his account.

In the BetDEX betting exchange there is an opportunity to order a payout directly to a cryptocurrency wallet or directly to a bank card. The transaction limits and the amount of commission may differ depending on the chosen payment method and currency. If you have any problems with withdrawal, you can contact the bookmaker’s support team.

Account Verification

In BetDEX betting exchange there is no complete anonymity of clients. To perform financial transactions you may need to pass account verification. It is carried out according to the rules of the ‘Know your client’ algorithm.

There are three levels of verification. Depending on the level, there is a different set of documents that the administration of the gaming portal can request to confirm the player’s identity.

At the first stage, the data that the client provides at the stage of account creation is enough. The bettor enters his name and surname, residential address and e-mail. At the second stage of verification, the client will need to provide documents that will confirm the previously specified information.

The third stage of verification is appointed for those customers who make large deposits and often order withdrawals. The player may be asked to provide documents that confirm the legality of earnings.

The user verification has three main tasks: to identify the age, as it is forbidden for customers under 18 to register, to identify the region of residence, as there are countries from which players cannot be registered at BetDEX, to avoid cases of fraud, money laundering and playing with other people’s money.

Support service

Support service on the portal is represented by online chat. To contact the operator, you need to specify your email address, then leave a message and wait for a response. Also, the player can contact the tech support via email address.

BetDEX has passive customer support. The ‘About Us’ section contains answers to the most frequent player queries. You can study these answers and if the information is not enough, you can write to a tech support operator. Also in this section there is a description of the principles of the betting exchange, features of the referral system, how to bet with zero commission and other information.

Conclusion

BetDEX betting exchange is not suitable for those who like slots, live casino or betting on dozens of sports. BetDEX has a limited selection of sporting events and a spread to them. The bookmaker puts the main emphasis on bettors’ benefit from betting and winning on them, rather than compensation for unlucky outcomes. BetDEX has no betting limit restrictions, no account blocking for successful bets and no limit on single winnings. All this attracts plus players who are used to betting a lot and often. BetDEX is perfect for such customers. accept bets in cryptocurrency. If desired, players can limit their spending on the site, set a temporary ban on entry.