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How do I deposit with a cryptocurrency? (Bitcoin, Bitcoin SV, etc.)
NEW - We are now offering Bitcoin SV as a safe and secure deposit option, check it out in the cashier.
If you’re new to the world of cryptocurrency, we’ve got you covered - check out the 'How to Get Started' video series (six videos in total) 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: Open your Exchange Wallet. No exchange? Click here to visit CryptoVantage for a list of recommended exchanges, and here for help getting started.
STEP 3: Purchase cryptocurrency from your Exchange Wallet. You can link your debit card to your Exchange or make an e-Transfer.
STEP 4: Transfer the cryptocurrency to your Digital Wallet. This is performed by:
- Selecting ‘Receive’ in your digital wallet and copying the wallet address shown
- In your Exchange account tap ‘Withdraw’ or ‘Send’
- Now paste your Digital Wallet’s address, then continue
STEP 5: Transfer to Bodog (How to Deposit video above).
- Select the cryptocurrency you purchased from the deposit options (Bitcoin, Bitcoin Cash or Bitcoin SV) to generate both a cryptocurrency address and a QR code.
- Inside your Digital Wallet, press ‘Send’.
- Scan the QR code or Copy/Paste the address generated in our cashier to the field provided in your wallet. IMPORTANT: If not using the QR code, ensure the generated address is copied exactly as shown. An incorrect address may result in loss of funds.
- Choose your amount and click ‘Send’.
- 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’.
- Within approximately 10 minutes, your CAD balance should show in your Bodog balance.
How to Get Started - Six Video Series
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- All deposits must be wagered completely before any winnings can be withdrawn.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, your 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 $1.00CAD.
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