How to Buy BlockBets ($BBETS) – Easy Guide

Viraj Randev

Last updated: April 23, 2024 08:11 EDT | 7 min read

BlockBets ($BBETS) is a GambleFi cryptocurrency token that powers a crypto casino, sportsbook, and poker gaming environment. The $BBETS token boasts deflationary tokenomics, offers staking yields, and rewards long-term community members. 

Our how-to-buy BlockBets guide shows readers how to purchase $BBETS through the newly launched presale at a discounted price. We provide a clear analysis of this project by breaking down the tokenomics, reviewing the security, and discussing the key benefits of this exciting new crypto project. 

How to Buy BlockBets ($BBETS) Tokens: A Step-by-Step Guide

Our how to buy BlockBets guide provides a detailed breakdown of how to purchase $BBETS tokens from the presale: 

Step 1: Get a Crypto Wallet 

Before purchasing $BBETS tokens, you need to set up a compatible wallet. For instance, MetaMask is a popular cryptocurrency wallet, compatible with the BlockBets presale. 

If you are using a laptop/desktop, download the MetaMask wallet extension on a supported browser. Alternatively, mobile users can download the mobile app via iOS or Android devices. 

Step 2: Purchase Crypto Tokens 

$BBETS token can be swapped with other tokens such as Ethereum (ETH), BNB (BNB), Arbitrum (ARB), and Tether (USDT). 

If you do not hold one of these tokens in your wallet, purchase them from a suitable crypto exchange and transfer the tokens to your wallet. Alternatively, $BBETS can be directly purchased with a credit card on the presale website. 

Step 3: Connect the Wallet to the Presale 

Visit the BlockBets presale website and select ‘Connect Wallet.’ Follow the on-screen instructions to link the wallet with the presale. 

Step 4: Buy BlockBets Tokens 

On the order box, choose which crypto you wish to swap $BBETS with. Then, enter the number of tokens you wish to purchase. Click ‘Buy Now’ to confirm the transaction. 

Visit BlockBets

What is BlockBets?

BlockBets ($BBETS) is a decentralized casino gaming platform. On BlockBets, members are promised a diversified gaming experience. You can access slots, a live casino, a sportsbook, and Poker games. 

One of the best gambling tokens, BlockBets offers huge Jackpot bonuses (up to $1 million) and hosts never-seen-before PvP mini-games. The global online gambling market was valued at USD 75.41 billion in 2021. The value is expected to grow at a CAGR (Compound Annual Growth Rate) of 12% until 2030. 

This new cryptocurrency implements innovative platform features – such as the NFT and memecoin Launchpad. This ecosystem gives you priority access to new NFT collections and some of the top new meme coins. The implementation of $BBETS and other crypto payments will attract those seeking anonymity while making crypto trades.

BlockBets is 100% verified, as Assure DeFi has verified the project’s contract code. A smart contract audit helps identify any security vulnerabilities, ensuring its safety against malicious hackers. Therefore, BlockBets ($BBETS) is a safe project to use. $BBETS also takes the edge in the CasinoFi space since it is one of the best deflationary cryptocurrency tokens. To ensure price stability, a portion of the profits will be used to buy back $BBETS. The portion is as follows: 

• 20% of Casino profits
• 30% of Sportsbook profits
• 25% of Poker profits

5% of all the tokens bought back are being offered as a reward to a single presale participant. By purchasing at least $250 worth of $BBETS during the presale, you earn a raffle ticket.

Buy $5K worth of tokens to receive ten free tickets to the raffle. The remaining 95% of the bought-back tokens will be burned. In the long term, this can help $BBETS become one of the best cryptocurrency tokens. 

BlockBets Staking Rewards & Liquidity Pools 

As we mentioned above, $BBETS token holders are guaranteed long-term passive income on the BlockBets ecosystem. This BEP-20 token can be staked on the smart contract to secure regular annual yields. 

One of the best staking coins, $BBETS token holders can get a share of daily profits on BlockBets. Profits are collected from different gaming environments, including Poker, Sportsbooks, and slot machines. The amount of staking yields you receive depends on your staking tier. The more you stake, the larger the share of rewards you are entitled to. Here is the staking tier: 

• Bronze Tier – Stake at least 1 $BBETs token. You are entitled to 30% rewards share from the profit pool. 
• Silver Tier – Minimum 1,000 tokens staked. Stakers receive 50% rewards share from the staking pool. 
• Gold Tier – Minimum 5,000 $BBETS staked. 70% rewards share from the prize pool. 
• Platinum Tier – At least 10,000 tokens staked. Token stakers are entitled to 85% rewards share from the prize pool. 
• Diamond Tier – Minimum 25,000 $BBETS share. 100% rewards share from the profits pool. 

Through the staking mechanism, tokens can be staked for a minimum of 10 days and a maximum of 365 days. Passive income can also be generated through locking tokens in BlockBets’ liquidity pool. On the liquidity pool, BlockBets stores USD and BBETS tokens. Every trade executed using your particular liquidity pool incurs a transaction fee. 

While allowing users to generate passive income, liquidity pools simultaneously help the platform maintain sufficient liquidity required for a smooth operation. Locked token holders are entitled to 100% of the fee, directly proportional to your $BBETS contribution. Depending on the number of tokens locked, $BBETS holders can also earn up to 15% rakeback bonuses on BlockBets. 

Tokenomics & Presale 

The $BBETS tokenomics reflects BlockBets’ commitment to securing long-term and short-term value propositions for the general public. 

BlockBets ($BBETS) has a total supply of 100 million tokens. 40% of the entire supply (40 million tokens) is currently being allocated through the $BBETS presale. At the time of writing, $BBETS is priced at $0.03 per token. The presale has raised more than $15K in only a few days. 

Once the presale ends, $BBETS will conduct its initial exchange offering, launching at an initial price of $0.15 per token. This equates to a price increase of over 400%. Another 20% of the total supply will be used to maintain liquidity on decentralized and centralized exchanges. 

Long-term investors will be rewarded through the smart contract – as 15% of the supply will be offered via staking rewards. Another 5 million tokens will be offered as player rewards and incentives. 

Fulfilling their commitment to loyal members of the ecosystem, BlockBets will offer another 10% of the total supply via airdrop rewards. The remaining 10 million tokens will be split between marketing purposes and for the project team and advisors. To learn more about this cryptocurrency, read the BlockBets whitepaper and follow the project on X (Formerly Twitter). 

Visit BlockBets

Roadmap

BlockBets has laid out the future initiatives and goals of its project across the following four roadmap phases: 

• Phase 1 – 2023 – This phase involved the conception of the idea while simultaneously focusing on the casino’s development. BlockBets also secured its gaming license from the Curacao government and enrolled its fiat and crypto deposit methods. 
• Phase 2 – Q2 2024 – The ongoing roadmap phase kicked off with the Casino platform’s official launch. Another big part of phase 2 is the ongoing presale. The second phase will conclude with the staking rewards launch and the beginning of the marketing campaign. 
• Phase 3 – Q3 2024 – By phase 3, the $BBETS presale will conclude, followed by the DEX launch. $BBETS will also migrate cross-chain and begin its airdrop and giveaway rewards initiatives. 
• Phase 4 – Q4 2024 – By the final quarter of 2024, BlockBets will launch its sportsbook and the original PvP games. The NFT ecosystem and Poker games will also launch by the end of the year. 

Conclusion

This how to buy BlockBets ($BBETS) guide has shown readers the step-by-step breakdown of entering the $BBETS token presale. A GameFi crypto token, $BBETS, powers a casino, sportsbook, and Poker gaming environment. 

$BBETS can be used to earn daily profits from a staking pool, passive income from liquidity pools, and to access high rakeback on the casino. Currently, $BBETS is priced at $0.03 per token during the presale round. 

Visit BlockBets

FAQs

What is BlockBets? 

BlockBets is a GameFi crypto token. This BEP-20 token can be leveraged to earn staking benefits, liquidity pool yields, and high rakeback. The token powers a gaming casino and sportsbook. 

How do I buy BlockBets? 

First, download a compatible crypto wallet and fund it with either ETH, ARB, USDT, or BNB tokens. Connect your wallet to the BlockBets presale website, enter the purchase amount, and confirm the transaction.

References

• Online Gambling Market Size Global Report, 2022 – 2030 (Polaris Market Research)
• How To Audit a Smart Contract (Chainlink) 
• Liquidity Pools & Their Importance in DeFi (LeewayHertz)

About the Author

Viraj Randev

Viraj works as a writer for guides and daily news content on CryptoNews. He is an expert on digital asset price movements, price prediction columns, and news breakdowns. Viraj graduated with a BSC in Business Management from the University of Surrey. His content can also be found on online publications such as Economy Watch. Before joining Cryptonews, Viraj was in the top 10% of writers on Upwork. He is a versatile writer, having also worked in the digital, video, screenwriting, and scriptwriting fields.

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