Crypto: the right coin on the right network
Methods and limits depend on your account — check the cashier.
Beyond Bitcoin, cashiers may list coins such as Ethereum, Litecoin or stablecoins. Each can exist on several networks, and the network must match on both sides. A wrong network or address cannot be undone. For bonus players, conversion and eligibility are the extra points to watch.
Coin and network
| Choice | What to check |
|---|---|
| Coin | Is it in the cashier list for deposits and withdrawals? |
| Network | Does the cashier address match the network you send on? |
| Tag or memo | Some coins need one; without it, funds can be lost |
| Minimum | Small deposits under the minimum may not be credited |
Stablecoins
Stablecoins are pegged to a traditional currency, so their value moves less than Bitcoin's. If the casino account is in another currency, conversion still happens. They reduce, but do not remove, the risk of a deposit landing below a bonus minimum.
Bonus eligibility
Offers may exclude crypto altogether or come in crypto-only versions with their own wagering. Compare the terms before you send — bonus terms.
Withdrawals
You need a wallet address you control on the right network. Some sites require that crypto payouts use the same coin you deposited. Verification applies as with any method; see withdrawal.
Your responsibilities
- Keeping your wallet keys safe.
- Checking the address and network before every transfer.
- Keeping records of deposits, payouts and conversions for any tax rules that apply to you.
Example
You send the equivalent of 20 in a stablecoin to meet a 20 minimum; after network fees and conversion the cashier credits 19.70 and the bonus does not attach (illustrative example, not a Magnumbet term). Sending a little above the minimum avoids this.
Records
Keep a simple log of each crypto deposit and payout: date, coin, network, amount, rate and transaction hash. It helps with support questions and with any tax rules that apply to you.