Rainbet crypto: Bitcoin & co. in context
Which Rainbet crypto options exist, if any, depends on the current cashier. In principle a crypto payment runs through a wallet address and a blockchain network. Watch the right network, possible network fees and exchange-rate swings against the Canadian dollar.
How a crypto payment works
- Choose the cryptocurrency in the cashier, if available.
- Check the displayed receiving address and the network carefully.
- Send the amount from your own wallet and wait for the confirmations.
- Keep in mind that the CAD value can fluctuate with the exchange rate.
Crypto transfers are usually irreversible. A wrong address or a wrong network can mean a total loss. Double-check everything.
What to keep in mind
- Network: coin and network have to match (e.g. do not pick the wrong token network).
- Fees: network fees apply regardless of the operator.
- Exchange rate: the Canadian-dollar value can change between deposit and withdrawal.
- Verification: identity verification can be required for crypto as well.
- Taxes: buying and selling crypto can be a taxable disposition in Canada, separate from any gambling outcome – we do not give tax advice.
Frequently asked questions
That depends on the current cashier. Check the available coins directly in the cashier.
Coin and network have to match. A wrong network can mean the payment is lost.
Usually not. That is why you should check the address and network carefully before sending.
Yes, the Canadian-dollar value can change with the exchange rate.