CoinPoker Tips & Tricks: How to Deposit and Withdraw Funds

Online Poker
09/17/2024

CoinPoker offers a seamless way to navigate online gambling with the use of cryptocurrency. However, for first-time players or new members, the internet-based poker platform could be confusing, especially since CoinPoker has its own cryptocurrency: Chips or CHP. Below are tips and tricks on how to manage funds on CoinPoker, regardless if you are using a crypto wallet or an exchange.

How to Deposit Funds on CoinPoker

Depositing cryptocurrency into your CoinPoker account is actually quite easy. However, it is important to follow the correct steps based on your preferred method. CoinPoker accepts two deposit methods: either from a crypto wallet or a cryptocurrency exchange.

How to Deposit from a Crypto Wallet

To deposit funds into your CoinPoker account using a personal crypto wallet, simply follow these steps:

  1. Register as a CoinPoker player – Download and install the CoinPoker app, then sign up for an account.
  2. Set up your wallet – Ensure you have a personal cryptocurrency wallet that will be used for both deposits and withdrawals.
  3. Input your wallet address – When making your first deposit, enter the address of your personal wallet, which will be linked to your CoinPoker account. All future deposits must come from this same address.
  4. Changing your wallet address – If you need to change your wallet address, contact CoinPoker support at [email protected] for assistance.

Note: CoinPoker warns against depositing funds directly from a cryptocurrency exchange using the above steps since issues may arise with your transaction. Also, only the following currencies are supported: USDT, CHP, ETH, BTC, MATIC, BNB and Solana. Deposits made in ETH, BTC, MATIC, BNB and Solana are automatically converted into USDT. 

What-is-Coinpoker

How to Deposit from an Exchange

Another way to fund your CoinPoker account is to deposit directly from an exchange. Below are the steps on how to do this:

  1. Register and set up CoinPoker – Just like with the wallet method, start by downloading the CoinPoker app, installing it, and registering.
  2. Choose “Deposit from Exchange” – Once registered, click the “Wallet” icon in the CoinPoker Client and choose the “Deposit from Exchange” option.
  3. Enter your deposit details – Input the amount of USDT (Tether) you want to deposit and click the “Pay with Crypto NACE” button.
  4. Select your payment currency – CoinPoker supports a variety of cryptocurrencies for deposits, choose one that matches your needs best. The options include:
  • Bitcoin (BTC) via the Bitcoin network
  • Ethereum (ETH) via the Ethereum network
  • Matic (MATIC) via the Polygon network
  • Solana (SOL) via the Solana network
  • USDT via Ethereum or TRON networks

5. Copy the details – After selecting the currency, copy the amount and the provided wallet address. Alternatively, you can scan the QR code with your exchange app.
6. Complete the deposit – Once you’ve transferred the funds from your exchange to CoinPoker, press the “Sent” button to confirm the transaction.

CoinPoker all for transparency, makes Proof of Reserves public
Photo Credit – CoinPoker

How to Withdraw Funds from CoinPoker

CoinPoker makes it easy for you to withdraw funds into any wallet. Simply follow these steps:

1. Select your withdrawal method – Log into your CoinPoker account and choose the cryptocurrency you’d like to receive for your withdrawal.
2. Transfer to your funds – Enter the details of your private crypto wallet, and CoinPoker will transfer the funds accordingly.

Note: Before a withdrawal is processed, CoinPoker will go over your transaction history to check for irregular playing patterns. Withdrawals could be withheld should the system find irregularities.

CoinPoker’s Cashout Policy

CoinPoker, being a crypto-centric platform, follows a straightforward and flexible cashout policy. While the platform imposes minimal restrictions on deposits and withdrawals, there are a few important points to bear in mind:

Nominal fees – CoinPoker applies small fees to transactions, which are necessary for maintaining the security and stability of the platform. These fees also ensure the availability of player-to-player transfers.
Cryptocurrency value fluctuations – The value of cryptocurrencies can fluctuate, which is an inherent risk in managing crypto assets. As such, CoinPoker encourages users to practice responsible financial management to account for any sudden market shifts.

Note: For more information about CoinPoker’s terms and conditions about deposits and withdrawals, click HERE.

Tags:
CoinPoker
Author:Luigi Caler

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