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

If you’re new to the world of Bitcoin (BTC) or Bitcoin Cash (BCH), let us guide you through your first deposit in 5 easy steps. If you're already a user of cryptocurrency, follow the deposit instructions below:

STEP 1: Setup/open your Bitcoin Digital Wallet. A wallet is where you will hold your BTC or BCH to easily deposit, directly to Bovada.

STEP 2: Setup/open your Exchange Account. Check out CryptoVantage for recommended exchanges.

STEP 3: Purchase BTC or BCH using your newly created Exchange Account. If you choose, you can link your debit card to your exchange.

STEP 4: Transfer BTC or BCH to your Bitcoin Digital Wallet, in three easy steps:

1. Select  ‘Withdraw’ or ‘Send’ inside your Exchange Account
2. Paste/scan your Bitcoin Digital Wallet address into the box provided
3. Press ‘Receive’ in your Bitcoin Digital Wallet

STEP 5: Transfer to Bovada 

1. Select the cryptocurrency you purchased from the deposit options (BTC or BCH) to generate both a cryptocurrency address and a QR code. 
2. Inside your Bitcoin Digital Wallet, press ‘Send’.
3. Scan the QR code or Copy/Paste* the address generated from the Bovada cashier page to the field provided in your wallet. 
4. Choose the amount your wish to deposit 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 Bovada cashier page, then click ‘Send’.
6. Within approximately 15 minutes, your funds in USD should show in your Bovada account balance.

Important Reminders:

• If you’re not using the QR code, ensure the generated address is copied exactly as shown. An incorrect address may result in loss of funds.  
• Bovada does not charge any fees for deposits made with BTC or BCH however, you may see marginal fees charged by the wallet provider. These fees are typically under $1.00USD. 
• When depositing with BTC or BCH, we require one confirmation on the Blockchain prior to posting the funds to your account; If the funds aren't posted after one confirmation, the transaction will need a minimum of 6 confirmations for it to be posted 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• All deposits must be wagered completely before any winnings can be withdrawn.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.

How To Get Started – Six Part Video Series 

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