How do I deposit with a cryptocurrency? (Bitcoin, Bitcoin Cash, etc.)

If you’re new to the world of cryptocurrency, we’ve got you covered - just check out the 'How to Get Started' video series (six video playlist) below. You can also head over to cryptocurrencyhelp.com for the recommended wallets and exchanges and then follow the steps below.

If you’re already familiar with cryptocurrency, scroll to STEP 5 for the easy-to-follow deposit instructions, or watch our short video at the bottom of this topic.

STEP 1: Setup/open your Digital Wallet.

STEP 2: Setup/open your Exchange Wallet.

STEP 3: Purchase cryptocurrency from your Exchange Wallet. You can link your debit or credit card to your Exchange. 

STEP 4: Transfer cryptocurrency to your Digital Wallet. This is performed by selecting ‘Withdraw’ or ‘Send’ inside your Exchange account and then pasting/scanning your Digital Wallet’s address, then pressing ‘Receive’ in your digital wallet.

STEP 5: Transfer to Bovada (How to Deposit video above). 

1. Select the cryptocurrency you purchased from the deposit options (Bitcoin or Bitcoin Cash) to generate both a cryptocurrency address and a QR code. 
2. Inside your Digital Wallet, press ‘Send’.
3. Scan the QR code or Copy/Paste the address generated in our cashier to the field provided in your wallet. PLEASE NOTE: If not using the QR code, ensure the generated address is copied exactly as shown. An incorrect address may result in loss of funds.  
4. Choose your amount and click ‘Send’.
5. A confirmation screen will appear. Review the address and make sure it’s the same as what is shown on the cashier page, then click ‘Send’.
6. Within approximately 10 minutes, your USD balance should show in your Bovada balance.

 

DEPOSIT NOW

 

PLEASE NOTE: 

• When depositing with a cryptocurrency, we require one confirmation on the Blockchain prior to posting the funds to your account - on average this can take approximately 15 minutes, however it could take longer when the network is busy.
• All deposits must be wagered completely before any winnings can be withdrawn. By not meeting this requirement, any crypto withdrawal is subject to a 10% deduction or cancellation at the discretion of our Withdrawals Team.
• When transferring funds between accounts, marginal fees may be deducted from your balance by the wallet provider. These fees are typically under $1.00USD. 

RELATED TOPICS

• How do I withdraw with a cryptocurrency?
• What’s the benefit of using cryptocurrencies with Bovada?
• Why do I need a Digital Wallet?