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Cryptocurrencies are making their way into an increasing number of industries, including online shopping, entertainment and investments. Bitcoin is the biggest name in the arena at present, and following a dip in value and popularity earlier this year, it has come back swinging and is now well on its way back to full health. That is evident by the number of new users who are buying products including food, hotel stays and fuel. It’s now possible to fund your online betting with crypto, grabbing the 100% sign up bonus offered by sportsbooks.
It’s an exciting time to be involved in Bitcoin at any level, from investments to savings, using it for purchases or paying bills. A growing number of employees around the world have even switched to accepting their weekly wages in crypto. However you use crypto, it’s obvious the digital currency is here to stay, and if you aren’t already up to speed on how it works and how you can get involved, you really should get a move on.
Plenty more to come
Professional sport is one of the biggest and most popular markets in business today, but surely the likes of American Football, soccer, horse racing and basketball have escaped Bitcoin’s clutches. What good is crypto when it comes to watching or competing in sports? Well, it already has more of an involvement than you may think, and there’s plenty more to come in the months and years ahead.
What impact has crypto had on your favourite sports, competitions, teams and players? What clues can be taken from the recent trends that tell us where the market is headed and what improvements are on the horizon? You have landed on the best page online for the answers to those questions and more.
Our team of financial experts and sports lovers have combined their knowledge to explain how crypto has already changed professional soccer in the United Kingdom since the pandemic. TOur content writers aim to bring readers up to speed on developments and explain how you can support your favourite teams and athletes by spending Bitcoin.
Matchday tickets
Many English Premier League clubs are now accepting Bitcoin as payment for tickets. When visiting the official team website or the EPL ticket app you can add available match day tickets to your online basket. Purchasing with Bitcoin and an increasing number of cryptocurrencies is easy.
After selecting the matches you wish to attend and the seats you are after, they will be reserved for a while, giving you time to purchase before they are made available to the public again if you change your mind. Enter the payment card you wish to use to cover the costs of the tickets. This could be a debit card, such as VISA or Mastercard, or an e-wallet like PayPal, Skrill, or Bitcoin. Enter your crypto wallet details and click to confirm the payment. The cash due will be immediately transferred to the club, and your tickets will be secured.
You will then receive a paper version of the match ticket in the post or can choose to receive a ticket QR code by email, which can be shown at the gate on your smartphone to gain entry. This is fast becoming the most popular way to receive tickets, saving the cost of postage and the waiting times. It’s also better for the environment.
Merchandise
Similar to the above-mentioned process for purchasing matchday tickets, you can use Bitcoin to buy club merchandise. This includes this season’s new strip, presents for family, mugs with the club crest, the training range and more. Simply visit the club shop’s website and click to add the items to your basket, then select crypto as your preferred payment option.
Sponsorship
We are seeing a growing number of soccer teams in the UK displaying Bitcoin and other famous cryptos at stadiums or on official merchandise, such as shirt sponsors. This is another example of how professional sport is beginning to benefit from Bitcoin, and we are certain this trend will continue.
At present, only the top clubs in the English Premier League accept and advertise crypto, but things are changing. As the value of crypto continues to rise and the number of people using it on a daily basis grows, so too does its influence on sport and popular culture.
