Crypto Payments at Playbet.io

As a crypto-focused online casino, Playbet.io offers a multitude of crypto deposit and withdrawal methods. It’s the fastest way to get money into and out of an online casino, and it’s one that we have fully embraced.

After you deposit at Playbet.io, the funds will hit your account within a few minutes. From there, you’re ready to play some crypto-friendly games. We have thousands of titles for you to choose from, including live casino variations of roulette, blackjack, and baccarat, stacks of video slots, and a whole host of crash games and jackpot games.

So, get started today by making a deposit in your Playbet.io account, and this virtual world will be at your mercy! Read more

List of Crypto Casino Deposit Methods on Playbet.io

All deposits and withdrawals at Playbet.io are fast, secure, and free. You can take your pick from a number of popular cryptocurrencies, each with varying minimum deposit requirements and unlimited maximum deposits.

*Excluding blockchain processing times, which can vary by payment method

BTC

Bitcoin (BTC) is one of the most popular payment methods at Playbet.io. It’s also the cryptocurrency with the highest market cap, as well as the one that got the crypto revolution rolling when it launched back in 2009. It’s a very important currency, and the success of the market is heavily tied to the value of this coin.

Tens of billions of dollars worth of Bitcoin are exchanged every single day. These transactions occur on a decentralized blockchain, whereby they are verified by a mining network and kept out of reach of the usual financial institutions that support fiat currency payments.

• Bitcoin has the largest network of any cryptocurrency
• The Bitcoin network continues to innovate and improve
• The network is very secure, and transactions can’t be traced if wallet addresses are not shared
• Bitcoin wallets can’t be frozen or seized
• It is more common than any other cryptocurrency and is accepted by a huge number of merchants and providers
• There is a fixed number (21 million) of Bitcoins that can enter the blockchain

ETH

Ethereum (ETH) is a development platform, as well as a decentralized blockchain. It uses a native currency known as “ether” for all of its transactions and is built on a model known as proof-of-stake (PoS). This means that transactions are validated by distributed programs, with validators receiving rewards in the form of transaction fees.

The market cap of Ethereum is significantly higher than most other alt coins, but it still lags behind Bitcoin in that department.

• Unlike Bitcoin, there is no limit to the amount of Ether that can enter the blockchain
• It uses a proof-of-stake model and not the proof-of-work used by Bitcoin
• Ether is the name of the currency; Ethereum is the network
• The network is used by other cryptocurrency tokens

LTC

Litecoin (LTC) first appeared in 2011, just a couple of years after Bitcoin. It was developed in response to investor concerns that Bitcoin was becoming controlled by large mining companies, but it has since developed into a mineable coin and a very popular peer-to-peer system that processes billions of dollars worth of transactions every day.

• Works in a similar way to Bitcoin and shares many similar features
• LTC payments are processed faster than Bitcoin payments
• There is a cap of 84 million coins
• It is popular both as a payment token and an investment

BCH

In 2017, Bitcoin experienced something known as a fork, whereby the community agrees upon a change to the blockchain’s protocol and it splits into two. The goal was to improve transaction times and reduce costs on the energy-hungry Bitcoin network, and thus Bitcoin Cash (BCH) was born.

Bitcoin Cash is often seen as more of a payment token, whereas Bitcoin is also popular because of its investment potential. BCH is accepted by countless merchants around the world and can also be used to deposit money into casinos and sportsbooks. In fact, it is one of the most popular deposit methods at Playbet.io.

• Transactions are verified by miners who earn rewards
• A BCH transaction requires the public key of the recipient, along with the transaction amount and the sender’s private key
• Bitcoin Cash transactions are processed in less time than Bitcoin transactions
• All transactions are secure
• The total supply of Bitcoin Cash is limited to 21 million tokens

DOGE

Dogecoin (DOGE) is an open-source, peer-to-peer cryptocurrency often credited as being the first memecoin. It is so named because it was based on the Doge meme, which showcases a Shiba Inu dog’s internal monologue in broken English. Despite this unlikely start, it became one of the sector’s most popular crypto tokens.

• There is an unlimited supply of Dogecoins
• It uses technology derived from Litecoin
• Dogecoin launched in 2013
• It uses a PoS for validation

USDT

Tether (USDT) is a stablecoin that launched in 2014. In terms of total trading volume, it is the largest cryptocurrency, but its market cap is significantly less than that of Ethereum and Bitcoin.

What makes Tether unique is that it is tied to the value of the US dollar. This means that 1 USDT will always be worth $1, and it’s where the name of the currency and the term “stablecoin” come from. Tether transactions occur across multiple different blockchains, including Ethereum, TRON, and Solana. Tether provides users with a degree of certainty and stability that they may not get from other cryptocurrencies, and that’s the main drive behind the rapidly growing market cap and high circulation.

• Tether is accepted by a huge number of merchants
• It is one of the most popular payment methods at Playbet.io
• It offers a high level of privacy and security
• Tether is backed by substantial dollar reserves
• It initially launched as RealCoin, but rebranded to its current name several months later

XRP

Ripple is a digital, blockchain-based cryptocurrency payment company that uses the XRP token and the XRP ledger. It has been described as being akin to the SWIFT international banking system in that it facilitates payments across borders and makes life easier for both individuals and businesses moving money internationally.

It was the first financial services platform to focus on enterprises and provides some of the fastest transaction times in the industry, with most payments processed instantly. Generally speaking, all cryptocurrencies are fast, as they often process payments in minutes, and even the slower ones get there within a couple of hours. But if you want an instant crypto deposit on Playbet.io, XRP is a good option.

• Ripple was founded in 2012
• Its original name was OpenCoin, and it became Ripple after several name changes
• The company is constantly expanding operations and seeking ways to improve and innovate
• XRP transactions are processed instantly

ADA

Cardano (ADA) operates on a PoS blockchain design with speed and efficiency in mind. It requires much less time and energy than Bitcoin, and was developed by the co-founder of Ethereum. Since its launch, it has positioned itself as an Ethereum alternative and is billed as a “third generation” network, with Ethereum being part of the second generation.

Whereas cryptocurrencies like Bitcoin are built on peer-to-peer networks, Cardano is more like Ethereum in that it provides a blockchain ecosystem, allowing developers to create dApps and other tokens.

• First launched in 2017
• Cardano introduced smart contracts in 2012, facilitating the creation of dApps and expanding network capabilities
• Its market cap is a fraction of that of Bitcoin, but it is growing all the time
• Users can stake their currency to become validators and will earn rewards when they do

TRX

The Tron crypto platform uses the Tronix (TRX) token. It is a major cryptocurrency that initially launched on the Ethereum network but then migrated to its own network in 2018.

Tron uses a PoS concept, and transactions are verified by individuals known as “super representatives”. These representatives are chosen every 6 hours and can collect new TRX tokens.

• Tron launched back in 2017
• It works in a similar way to Ethereum
• Tron supports smart contracts and tokens
• It uses a system known as delegated proof-of-stake to validate payments

Steps to Register at Playbet.io

Registering for an account at Playbet.io takes just a few seconds. Once you complete these simple steps, you’re ready to explore thousands of games on your chosen device:

• Sign Up: To get started, click the gold “Sign Up” button in the top corner of the homepage. A small screen with pop up, requesting some basic information, including your email address, country of residence, and preferred currency. Finish by choosing a password, selecting your advertising preferences, and then confirming that you’re over 18.
• Verify Your Email Address: Before you can make your first deposit at Playbet.io, you must first verify your email address. A verification email will be sent to the address that you entered when signing up. Open this email (check your spam folder), and click the link within.
• Check the Bonuses: We welcome all new players with open arms and generous bonuses. Take a look at our promotions section to see what’s available. Scan the terms and conditions and copy the bonus code.
• Visit the Cashier: Click the wallet icon, choose your preferred payment option, and follow the payment options on the screen. Paste the copied bonus code under the “Available Bonuses” section.
• Deposit and Play: Confirm your deposit and wait for the funds to clear. It could take anywhere from several minutes to several hours, after which you’re ready to wager crypto on over 4,500 games!

Crypto Withdrawals from Playbet.io

Before you can initiate a withdrawal at Playbet.io, you must wager your deposit 3 times over. So, if you deposit 0.03 BTC, you’ll need to wager a sum of at least 0.9 BTC before you can withdraw.

Click the icon displaying your email address to start the withdrawal process. You will be redirected to the Cashier, where you can see your current balance and process both deposits and withdrawals. Click the “Withdrawal” tab and then enter the amount that you want to withdraw under “Withdrawal Sum”.

You can only withdraw if you meet the minimum withdrawal requirement. If you fail to do this, a warning will flash stating, “Not enough withdrawable balance”.

Finish by entering your wallet address in the “Address” box and confirm by clicking the gold box at the bottom of the page.

Your funds will then enter a withdrawal processing stage, which usually takes less than an hour. At the end of this stage, we will process your funds, and they should be in your wallet within minutes.

Deposit and Play Your Favorite Casino Games Now!

Playbet.io is the only cryptocurrency gambling domain that you need! Choose from numerous cryptocurrency payment options—including some of the most popular methods around—and benefit from fee-free transactions, rapid deposits and withdrawals, no upper deposit and withdrawal limits, and very low minimum transactions.

If you’re new to the site, your first deposit at Playbet.io could qualify for our welcome bonus, giving you the bonus credits and free spins/free bets you need to get a head start on the site.

So, sign up now, choose your preferred method, deposit some funds, and start exploring one of the widest selections of casino games and the best sports betting sites on the web!

FAQs

Are online casino deposits at Playbet.io secure?

Yes, every deposit at Playbet.io is guaranteed to be 100% safe and secure. This is true for cryptocurrency transactions in general. It is one of the safest ways to process payments online, as transactions are not filtered through various companies and networks like they are with fiat methods. They are also not tied to a central authority, so there is no risk of your wallet/assets being frozen.

Of course, as with everything else, your money is only as secure as you make it. The onus is on you to keep your cryptocurrency wallet secure and your keys private. If you do this, you shouldn’t have an issue with deposits or withdrawals at Playbet.io.

What is the minimum deposit that can be made on Playbet.io?

It depends on the method. Every crypto deposit at Playbet.io is subject to a minimum deposit requirement. This must be met before you can transfer funds to your account. The amount is roughly equivalent to $10, though, so this should give you an idea. Check our payment page or your account page to see the latest minimum requirements on all deposit methods at Playbet.io.

Are there any fees for deposits or withdrawals on the online gambling site?

No. You will never be charged a fee when you deposit on Playbet.io, and the same is true for withdrawals. This applies to all of the methods available at Playbet.io. We want to facilitate a smooth and hassle-free gambling experience for you, which means that every cent you deposit on Playbet.io will arrive in your account, and everything that you withdraw will be returned to your cryptocurrency wallet.

How long do casino withdrawals take?

We endeavor to process all withdrawals at Playbet.io within 1 hour. Once the withdrawal has been processed by us, the funds will be sent to your chosen payment method. From there, it should take a few minutes to get your money. Consult our payment table to learn how long deposits and withdrawals take on average, and if you need any more assistance, feel free to contact our dedicated support team. They are available at all hours and can assist as and when needed.

What is the best crypto payment method for casino gambling?

The best method is the one that you are most familiar with. There are certainly some benefits to specific methods that you don’t get with other options—XRP is one of the quickest, Ethereum and Cardano have comprehensive networks that go much further than simple transactions, Tether values are stable and easy to compare to dollars—but if you have all of your funds in Bitcoin and don’t use anything else, it doesn’t make sense to suddenly switch to XRP.

Use whatever you are comfortable with. They are all quick. They are all secure, and you won’t be charged a fee for using any of them.

How can I reach Playbet.io’s support if I have issues?

The quickest way to get in touch with our support team is to use live chat, which is available to non-members and active players. Just look for the “Chat” icon in the sidebar. Once this launches, you’ll need to enter your name and email address before connecting with a live chat professional.

You can also use the contact form on our website or send an email to [email protected]. If you have a simple query, check our FAQ page, which contains answers to the most popular queries relating to account issues, games, payment methods, and bonuses, among other things.