BetDEX Labs claims that the BetDEX Exchange will make its public debut on the Solana mainnet on November 17 in time for the 2022 FIFA World Cup.
“As part of the launch, BetDEX Exchange will not charge any fees for wagers placed on World Cup matches,” reads the official release.
BetDEX is based on the Monaco Protocol, a cryptocurrency trading platform. For the time being, users in South America, Africa, Asia, and Europe may place wagers on the site.
BetDEX is the first blockchain-based, fully-licensed sports-betting exchange in the world, thanks to the Online Gambling Regulation Act of the Isle of Man, where it was developed. Real money soccer bets will be accepted at the exchange.
In 2023, the BetDEX Exchange is scheduled to begin accepting wagers on tennis and cricket in addition to soccer. Since the start of its open beta test in early October, the BetDEX Exchange has accepted wagers from over 12,000 early access customers.
BetDEX CEO and Co-Founder Varun Sudhakar said, “As the world’s first fully legal web3 sports betting exchange, we’re excited to bring new members into this burgeoning industry. It’s thrilling that we’re launching just before the world’s biggest sports event, and that members of our community will be able to place bets on games all the way through and beyond the World Cup.
Compiled by Coinbold