BetOnline adds ApeCoin to the list of approved payment methods

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One of the largest online sports betting and casino gaming sites in the world BetOnline.ag made history today by becoming the first gaming operator to accept ApeCoin Payments.

Pioneering adoption of ApeCoin in games

The announcement that BetOnline adds ApeCoin ($APE) to the list of approved cryptocurrencies was made via the Odds PR agency. This followed shortly after the launch of the ERC-20 token on crypto exchanges on Thursday, March 17.

Created by Yuga Labs, the parent company of Bored Ape Yacht Club, another popular project in the non-fungible token (NFT) space, ApeCoin has started trading on crypto exchanges to end months of hype and speculation.

“We got into bitcoin early because we believe blockchain is the future of global currency,” BetOnline CEO Eddie Robins III commented.

“And now it’s incredibly exciting to start adding NFTs to our asset vault and to be the first in our industry to accept ApeCoin. We’re bullish on the Web3 world, and we’re looking forward to build and strengthen our partnerships and promotions in this space.

Eddie Robbins III, CEO, BetOnline

The online sports betting and casino gaming platform was an early adopter of cryptocurrencies when it began accepting Bitcoin for transactions in 2010. BetOnline first entered the NFT market during Super Bowl LVI week in February when she purchased Bored Ape #320 for $375,000.

High level security platform compatible with cryptography

The list of cryptocurrencies accepted by BetOnline as payment options includes more than a dozen altcoins, including Ethereum, Dogecoin, Avalanche, Cardano, Polygon, Solana, and USDC.

The operator has gained popularity among crypto communities for its high level of security, instant deposits and withdrawals with no transaction fees, in addition to the gaming industry’s highest deposit limit of $500,000.

“We have established ourselves as the go-to sports betting, poker and casino platform for crypto players who want the best gaming experience guaranteed by anonymity and transparency. The security of our customers has been and always will be the top priority of BetOnline.”

Eddie Robbins III, CEO, BetOnline

BetOnline was among the first buyers of $APE, having acquired 10,094 APE tokens on Thursday morning, and according to a company spokesperson, it has no plans to sell its newly adopted ApeCoin anytime soon.

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