Question 1

Q: What is Betswap.gg?

Accepted Answer

A: Betswap.gg is a hybrid betting exchange that combines Web 2.0 and Web 3.0 technologies. It operates as both a non-custodial and custodial platform, supporting bets through cryptocurrencies and fiat currencies. This allows for traditional betting experiences while also offering the benefits of decentralized, blockchain-based betting, ensuring greater transparency and security for users.

Question 2

Q: What is Non-custodial betting?

Accepted Answer

A: Non-custodial betting means the platform doesn't hold your funds. You place bets directly from your personal wallet, using blockchain technology. This ensures higher security and control over your funds, as the platform cannot access or manage them.

Question 3

Q: What are Ethereum Smart Contracts and how are they used on Betswap.gg?

Accepted Answer

A: Ethereum Smart Contracts on Betswap.gg are self-executing contracts with the terms directly written into code, which execute automatically when conditions are met. These contracts facilitate automated transactions and agreements, enhancing the efficiency and security of betting on the platform.

Question 4

Q: How do withdrawals and deposits work at Betswap.gg?

Accepted Answer

A: At Betswap.gg, managing your funds is straightforward and secure, with support for both fiat and cryptocurrency options. For withdrawals, simply request the amount you wish to withdraw to your personal wallet or bank account, and we handle it swiftly, ensuring a smooth transaction. Deposits are just as easy: choose your preferred method, whether crypto or fiat, and follow the prompts to add funds to your account, enabling you to start betting immediately. Our platform provides full control and flexibility, allowing you to manage your money effortlessly.

Question 5

Q: How does self-custody withdrawal work?

Accepted Answer

A: Self-custody withdrawals at Betswap.gg put you in control of your funds. Simply initiate a withdrawal from your wallet on the platform, and the transaction will process directly to your private wallet, bypassing intermediary handling. This method not only speeds up the withdrawal process but also enhances security by keeping your assets in your control.

Question 6

Q: What innovations has Betswap.gg introduced recently?

Accepted Answer

A: Betswap.gg has incorporated Web 3.0 technology, enhancing user experience with secure, non-custodial sign-ups. As a hybrid platform, we have combined traditional and crypto betting to give a unique and exclusive customer experience. Betswap.gg also features AI-based suggestion tools and offers exciting promotions, catering to a wide range of betting preferences.

Question 7

Q: What cryptocurrencies can I use on Betswap.gg?

Accepted Answer

A: Betswap.gg typically supports a variety of cryptocurrencies: 
 Ethereum network: ETH, USDT, USDC, DAI, BSGG 
 Tron network: TRX, USDT, USDC
 Polygon network: MATIC, USDT, USDC, DAI
 Bitcoin: BTC
 Be sure to visit our deposit page for the latest information on supported cryptocurrencies, including potential future additions like Ton, Solana and BNB.

Question 8

Q: What is the major difference between BTC, mBTC, and uBTC?

Accepted Answer

A: BTC refers to Bitcoin, which is the primary unit of the cryptocurrency. mBTC and uBTC are smaller denominations of Bitcoin, used for smaller transactions and pricing. Specifically, one mBTC, or millibitcoin, is one-thousandth of a Bitcoin, and one uBTC, or microbitcoin, is one-millionth of a Bitcoin.
 BTC = 1 Whole Bitcoin
 mBTC = 0.001 BTC
 uBTC = 0.000001 BTC

Q: What is Betswap.gg?

Q: What is Non-custodial betting?

Q: What are Ethereum Smart Contracts and how are they used on Betswap.gg?

Q: How do withdrawals and deposits work at Betswap.gg?

Q: How does self-custody withdrawal work?

Q: What innovations has Betswap.gg introduced recently?

Q: What cryptocurrencies can I use on Betswap.gg?

Q: What is the major difference between BTC, mBTC, and uBTC?

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