Unsurprisingly, bitcoin is the predominant currency used by Cloud Bet customers. Players will be asked to choose between bitcoin and bitcoin cash when they sign-up for an account and these are the only two options available.
Making a Deposit in CloudBet
A special bitcoin betting e-wallet will be set up and this will be used to complete all transactions.
There is currently no maximum deposit limit, which makes them a hugely appealing proposition for big-hitters. There is an extremely low minimum deposit which is currently set at 0.001 BTC and this makes Cloud Bet suitable for both beginners, small-stakes bettors and professional gamblers alike.
Players will need to have their Cloudbet Bitcoin address handy in order to complete the transaction. Simply use a Bitcoin or Bitcoin Cash wallet to send funds to said address, and the process should only take a few moments to complete. Alternatively, the QR code can also be used, and this is equally as simple.
The majority of transactions are instant, although it’s not uncommon for it to take a couple of minutes to complete.
Withdrawals are generally completed instantly, and this is a huge incentive to join Cloud Bets. VIP members will have higher withdrawal limits added to their account.