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.
We'll be in closed beta from mid-Sept. If you want to get in on the ground floor, please DM or tweet us. Ideally with crypto and/or betting exchange experience. ????— exbet.io (@exbetio) August 22, 2019
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. It looks like we may finally have a Betfair for the Bitcoin age.
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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