It’s been five years since FanDuel started accepting Bitcoin, and a lot has happened since then, not just in the crypto market but for FanDuel itself. At the time, FanDuel was one of the few sports-betting platforms that started taking crypto deposits, allowing users to make BTC deposits to their accounts to bet on FanDuel games.

BTC itself was still in the midst of the first crypto winter, worth around $9,630, and it wasn’t clear yet where the market was heading. Below, we’re going to discuss exactly where the market went, and how the relationship stands with FanDuel today.

A Look at Fanduel in 2025

FanDuel in 2025 is a vastly different entity compared to its status in 2019. Back then, the platform was primarily focused on DFS – Daily Fantasy Sports – and had only just begun its venture into the sports-betting market, particularly after the US Supreme Court lifted the federal ban in 2018.

With this in mind, it wasn’t yet clear just how successful the platform would be, especially with a heap of new sports betting competitors to deal with. Saying that FanDuel was successful in its mission, however, would be an understatement.

Over the next few years, FanDuel implemented a number of strategies to take it to the top of the game, including the strategic use of bonus codes to make the ‘FanDuel’ name synonymous with promotional bonuses.

Rather than a ‘one-size-fits-all’ approach, FanDuel used data-driven insights to provide users with personalized bonus codes. For instance, new users could receive ‘BTC50Free’, which matches their first BTC deposit up to $50, while existing users might see offers like ‘FREESPINS100’ or loyalty-based rewards for repeated bets – Casino.org checks Fanduel for bonus codes, so all the latest advancements can be found there.

In terms of crypto, FanDuel began building its portfolio. In 2025, it now accepts a wide range of tokens beyond Bitcoin, including Ethereum, USDC, and other stablecoins, with crypto transactions now making up a significant portion of deposits. As well as this, the company has integrated blockchain technology into its processes, working to improve transparency in transactions, and grow its user-base exponentially.

A Look at Crypto in 2025

As for the crypto market, as mentioned previously, it wasn’t in a great place in 2019. The first crypto winter had struck, and every coin was feeling the pinch. Over the next few years, however, the crypto market swung in the opposite direction.

In 2021, Bitcoin reached a new high of $68,000, and the success of other altcoins like Ethereum and Solana helped diversify the market, introducing innovative, game-changing sectors like DeFi and NFTs to a whole new audience. Complete with institutional investment – as well as FanDuel, other institutional investors bet on BTC, including Tesla, MicroStrategy, and GrayScale – and governmental endorsements, it looked very likely that the upward curve would continue.

Only it didn’t. In June 2022, the de-pegging of Tether led to a crash in the market, kickstarting a second crypto winter. BTC fell all the way back down to around $18,000, and once again, there was a lot of anxiety that it wouldn’t be able to get back on its feet.

Thankfully, the halving of 2024 – and the launch of BTC ETFs – helped the market to recover. With more people earning Bitcoin than ever, back in December, it reached a new high of $108,000, and many experts predict it to go even higher in 2025.

The Relationship Between FanDuel and Bitcoin

In terms of the relationship between FanDuel and Bitcoin – and cryptocurrencies in general, for that matter –  it appears to be stronger than ever. As mentioned previously, what started as an experiment with BTC deposits in 2019 has evolved into a fully-fledged crypto ecosystem.

FanDuel now supports a number of other cryptocurrencies, making it one of the most crypto-friendly sports betting platforms out there, providing greater flexibility for users whether they’re depositing funds or withdrawing winnings.

The use of crypto has also significantly improved the speed of transactions on FanDuel, which was one of the negatives users had trouble with five years ago. With withdrawals in BTC and ETH able to be processed in minutes, users are now able to log onto the platform, make a withdrawal, and log off without the rigmarole of waiting around – sometimes for days before banking could be completed. As a result, far more people have flocked to the platform, with FanDuel seeing a significant increase in both new sign-ups and active users.

Another reason so many have flocked to the platform is the world of crypto itself. By that, we mean that the rise of cryptocurrency has also played a major role in FanDuel’s global expansion – as the use of crypto has increased, FanDuel has been able to tap into international markets where users may not have been able to access traditional banking methods.

So it’s fair to say that the current relationship looks very strong. The crypto market’s resurgence and FanDuel’s continued innovations have created a thriving ecosystem where crypto users are central to the platform’s future. As we move further into 2025 and beyond, it’s clear that FanDuel will continue to capitalize on this, ensuring the platform stays ahead of the competition and works to position itself as the number one website not just for crypto sports betting but for all sports betting.