Bitcoin: confirmations, volatility and the bonus minimum

Bitcoin was the first cryptocurrency widely used for online payments. If the Jonbet cashier for your account shows a Bitcoin option, it works differently from cards or transfers in three ways: transactions are irreversible, they need network confirmations, and the value in your account currency can move between sending and crediting. Whether crypto gambling is allowed also depends on the law where you live.

The set of methods and the limits depend on your account — check the cashier before you deposit.

Depositing Bitcoin

  1. Choose Bitcoin in the cashier.
  2. Decide about any bonus before generating the address.
  3. Copy the deposit address and check the first and last characters.
  4. Send from your own wallet, setting an appropriate network fee.
  5. Wait for the confirmations required by the cashier, then check the credit.

A wrong address means a permanent loss. For larger amounts, send a small test first.

Volatility and conversion

If your account runs in a fiat currency, the cashier converts the Bitcoin received at the rate when it is credited. Illustrative example, not a Jonbet condition: a deposit worth 200 when sent may be credited as 194 if the price drops during confirmation. Network fees also reduce the amount received.

Withdrawing in Bitcoin

If payouts in Bitcoin are available, provide an address from your own wallet. Verification usually comes first. Remember that the value of what you withdraw keeps moving after it arrives. Steps in withdrawals.

Bitcoin and bonuses

PointWhat to check
Eligible methodsWhether crypto unlocks the offer
Offer minimumUsually measured in account currency after conversion
WageringBase, multiplier and deadline
WithdrawalEffect of cashing out with an active bonus

A deposit that looks large enough in Bitcoin can fall below the offer minimum once converted. Read withdrawing with an active bonus before combining crypto and bonuses.

Wallet security

Frequently asked questions

Does Jonbet accept Bitcoin?
We do not state that. Check the cashier for your account and the rules where you live.
How many confirmations are needed?
The cashier states it. Credit happens after the required confirmations.
Why was less credited than I sent?
Network fees and price movement during confirmation.
Can a Bitcoin deposit unlock a bonus?
Only if crypto is eligible and the converted amount meets the minimum.

See the crypto overview and USDT, or go back to the payments guide.

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