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
- Choose Bitcoin in the cashier.
- Decide about any bonus before generating the address.
- Copy the deposit address and check the first and last characters.
- Send from your own wallet, setting an appropriate network fee.
- 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
| Point | What to check |
|---|---|
| Eligible methods | Whether crypto unlocks the offer |
| Offer minimum | Usually measured in account currency after conversion |
| Wagering | Base, multiplier and deadline |
| Withdrawal | Effect 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
- Enable two-factor authentication on your wallet and casino account.
- Never share your recovery phrase, even with someone claiming to be support.
- Use only the address generated in the cashier, never one sent by message.
Frequently asked questions
Does Jonbet accept Bitcoin?
How many confirmations are needed?
Why was less credited than I sent?
Can a Bitcoin deposit unlock a bonus?
See the crypto overview and USDT, or go back to the payments guide.