Coldbet crypto guide: 14 coins explained

Stablecoins, networks, TXIDs: what to know before you send your first coin.

Coins in the cashier

You can pay with 14 different coins: Bitcoin, Ethereum, Litecoin, Tether, Dogecoin, Tron, BNB, USD Coin, Dash, Cardano, Dai, Avalanche, Ripple and Toncoin. It ranges from the best-known coins to smaller, faster networks. Which one is best depends on what you already hold.

Pegged coins follow a fiat currency, which keeps price moves out of your balance. For players who only want a payment method, not an investment, stablecoins make the most sense. Volatile coins can change value between deposit and withdrawal.

Each coin comes with its own minimum, and the cashier shows it. Sending less than the minimum can mean the deposit is lost or delayed. New to crypto? Stick to a familiar wallet and a common coin, and practise with a modest first transfer while you get used to the steps.

Step by step

A crypto deposit is simple: pick a coin, copy the deposit address and send from your wallet. The details matter more than with ordinary payment methods.

• In the payment section, select the crypto you want to use
• Make sure the network matches the one shown in the cashier
• Never retype the address by hand
• Send the coins and note the transaction ID
• Let the network confirm the transfer

The wrong network can mean the transfer never arrives. Match the network on the deposit page letter for letter, whatever other networks your wallet suggests. Testing with a modest amount before a larger deposit removes most of the risk. After it lands, the larger transfer can follow with confidence.

Timing and costs

The money appears after enough network confirmations. Speed depends on the coin and on how congested the network is. The transaction hash lets you follow the transfer on the blockchain.

There is no casino fee: you only cover what the blockchain charges. The fee depends on the blockchain and how busy it is. A high fee on a small transfer eats into your balance.

The balance can be kept in crypto or converted to fiat at deposit. The cashier explains which balance your deposit goes to. Players in Canada who keep a CAD account will see the converted amount in CAD. Ahead of the final step, you see the expected amount.

Withdrawing to a wallet

Crypto is usually the quickest way to get paid. The overall payout window is 12 hours to 3 business days, and crypto usually sits at the short end. Large sums are sometimes reviewed more carefully.

Before the coins leave

Double-check the address. Crypto payments are final, so an error cannot be undone. Minimum cashout: CA$2, and the daily ceiling is $10,000.

Crypto does not skip KYC. Have your ID and proof of address ready in advance. If a bonus is still being wagered, the withdrawal waits until it is finished or cancelled. Once those two points are settled, crypto payouts are usually smooth.

Does crypto qualify

You can claim the welcome offer with a crypto deposit. With crypto you still need at least CA$15 in value to trigger 100% up to CA$740 + 50 free spins. Activate the offer first, then make the transfer.

Wagering is the same 35x over 30 days. Keep an eye on the coin price if your balance is held in a volatile coin. With a stablecoin, the numbers stay put.

Crypto-funded real-money play counts toward the weekly 10% cashback as well. Not every promotion accepts every method, and the terms say which do. In doubt about an offer? Ask support before you send.

Crypto best practices

Coin prices change in both directions, even while the money sits on the balance. If you do not want to speculate, convert to fiat or use a stablecoin. Coins kept as an investment do not belong in a casino balance.

Save the TXID: it is the fastest way to solve a missing deposit. Players in Canada who prefer local methods can still use Visa, MasterCard, INTERAC®, JetonBank, USDT, Interac e-Transfer, directDebit Plus and Interac Online via Mifinity. Gambling is for adults and should stay entertainment.