The soon-to-launch Bitcoin betting exchange exbet.io has announced plans to launch a closed beta next month.

The exchange, which will allow users to trade a range of sporting events using Bitcoin, will open its closed beta stage in September, and is looking for experienced crypto gamblers to help test drive the product before a full commercial launch in the final quarter of this year.

Exbet.io is looking to disrupt the sports betting exchange market – currently dominated by Betfair – by offering an industry-busting 1 percent commission rate.

As well as native Bitcoin support, it will also offer API support for market makers looking to trade significant volumes on the new exchange.

A source told CryptoGamblingNews.com that when launched, exbet.io will provide the crypto sports betting community with the P2P trading platform it deserves.

Those keen to participate in the closed beta and become a founding member of the exbet.io community are urged to contact the team via Twitter.

 

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