This guide is here to show you which MiFinity betting sites you should be playing at. The e-wallet is increasingly being used for funding esports bets, and it’s also proven to be pretty good at giving you fast withdrawals. Plus with the integration of over 75 payment methods and the ability to fund your account with crypto, it seems that this could be a great option for anyone looking for a new way to bet online.
Why Do People Use MiFinity Betting Sites?
MiFinity is an e-wallet that allows you to pay for goods online as well as receive funds and transfer money in over 225 countries around the world. You can use over 75 different kinds of payment methods to fund your MiFinity account, and it features 17 local currencies which means that you can sidestep some of those currency conversion fees.
All of this is good news for esports betting, as you can use MiFinity to make secure, fast, and frictionless payments to a betting site without having to pay directly from your bank account or card.
How to Use MiFinity Betting Sites?
You’ll find it quick and easy to use MiFinity for funding your esports bets and making withdrawals. Here is what you need to do:
- Download the MiFinity app to your iOS or Android device.
- Create a MiFinity account by submitting your personal information.
- Deposit into your MiFinity account via one of the dozens of accepted payment methods.
- Log in to your preferred MiFinity betting site.
- Navigate to the cashier section and click on MiFinity as your preferred deposit option.
- Enter how much you want to deposit and submit your payment.
Once you have done this, you should find that the funds are added almost instantly to your account and you can start betting. If you manage to make any winnings, you can simply make a withdrawal back to your MiFinity app and from here make another withdrawal back to your regular bank account. Simple!
Advantages of Using MiFinity For Esports Betting
We’ve found that MiFinity is a payment method that has lots of benefits in terms of esports betting. Here are just a few things that push it ahead of rival brands:
- Speed of payments: If you use betting sites that accept bank transfers, you’re looking at your payments not going through until a handful of working days. However, MiFinity payments work much faster than that with instant deposits and most withdrawals will go through in just a few hours after processing.
- International coverage: MiFinity is available in over 225 countries around the world with 17 local currencies and the ability to have 20 local languages in the app. There’s also the option to have nine different currencies within your wallet.
- Crypto emphasis: The MiFinity app lets you deposit and withdraw with around a dozen different cryptocurrencies like Bitcoin. Perfect for those who like a little more freedom and privacy in how they manage their money.
- Minimal fees: If you are based in the EEA or UK you can fund your MiFinity wallet via an IBAN account with zero zees. Plus all other fees for depositing and withdrawing via the MiFinity app are kept to a bare minimum.
- Security: The MiFinity app is packed with features designed to keep you and your funds safe. These include a biometric login, as well as PCI DSS and SCA-compliant technologies. The fact that MiFinity is regulated by the UK’s Financial Conduct Authority and the Malta Financial Services Authority is another big mark of trust.
Limitations of Using MiFinity Betting Sites
Of course, there are many other betting payment methods out there and each of these will have its pros and cons. Here are some of the drawbacks of using MiFinity for your esports bets:
- Availability: While MiFinity is available in over 225 countries, there are still relatively few betting sites that accept this e-wallet. So if you want to access the greatest range of esports bets, you may be better off trying one of those Mastercard sportsbooks instead.
- Bonus access: You might find that you cannot access some betting sites’ welcome offers if your first deposit is made with an e-wallet like MiFinity. So make sure that you check the small print of any sign-up offers before you make your payments.
Plenty of Reasons to Play at MiFinity Betting Sites
This guide has shown you that MiFinity is a payment method that is perfectly suited for esports betting. After all, it’s fast, secure, and has plenty of extra features like a wide range of accepted payment methods and a cool crypto option.
All of this must be balanced against the relative scarcity of betting sites that accept this e-wallet. However, there’s enough reason to use MiFinity betting sites, so make sure that you give them a try. You may also consider other e-wallets for betting payments, for example you can try betting sites using Payz and betting sites using Interac. Apart from MiFinity, these two are also being used by many esports betting platforms.
Header Image: MiFinity
