
If you want to join Duelbits, it'll be helpful to learn the ropes when it comes to cryptocurrencies. This is where our Duelbits crypto guide comes in. We'll show you how to use cryptocurrencies for deposits and withdrawals.
Not sure how it all works? We'll give you the lowdown on wallets, addresses, and other confusing stuff. You will soon be up to scratch and be ready to use cryptocurrencies like a pro. From a wide selection of cryptocurrencies to easy withdrawals, Duelbits has thought of it all. Stick with us for a complete guide on how it works.
First of all,
why
are bettors using cryptocurrencies? There are many reasons why crypto is taking over the online betting industry, and here are a few of them:
If you're anything like most online bettors, then you will want to get hold of your winnings as fast as you can. The great thing about cryptocurrencies is that it doesn't involve any third parties for withdrawals, resulting in faster processing speeds. On average, payouts are processed and completed within a few minutes, depending on the cryptocurrency you choose. Compared with traditional payment methods, these speeds are almost unmatchable. For instance, bank transfers can take up to 10 business days.
Transaction fees with cryptocurrencies are almost always lower than traditional methods, making crypto an affordable option for most. You just need to check with your provider, as there may be fees attached on the other end, such as mining fees. So, while Duelbits cryptocurrencies often have lower fees, this doesn't mean that there aren't fees at all.
Not only is the security heightened due to blockchain technology, but you will also benefit from anonymous payments. Cryptocurrencies are incredibly private, which is ideal for anyone who would rather not share sensitive details. Crypto exchange sites allow you to set a nickname, so you can remain fully anonymous throughout. It makes your transaction history very hard to access.
You do not ever need to share sensitive information, including your banking details. Your bank information is not needed for crypto deposits or withdrawals, so there's no reason for it to be shared. If you don't have a bank account or would rather not share it, this makes cryptocurrencies the perfect option for you.
Cryptocurrencies are available around the world and aren't location-specific. While the accepted crypto may vary and other things may change, this is sometimes down to the individual betting site. For the most part, you should be able to access most cryptocurrencies without any restrictions. Provided that you are located where Duelbits is legal, you should have full access.
Duelbits is available in several countries and regions, so it's important to keep in mind that the selection of Duelbits cryptocurrencies may look different for you. Either way, we wanted to give you an idea of the types of crypto you may encounter. So, here's a guide to what we could deposit and withdraw with:
| Cryptocurrency | Deposit & Withdrawal | Support Network |
| Bitcoin | β | Bitcoin |
| Bitcoin Cash | β | Bitcoin |
| Binance Coin | β | Binance Smart Chain |
| Dai | β | Ethereum |
| Dogecoin | β | Dogecoin |
| Ethereum | β | Ethereum |
| Litecoin | β | Litecoin |
| Ripple | β | Ripple |
| Solana | β | Solana |
| Shiba Inu | β | Ethereum |
| Tether | β | Ethereum |
| Tron | β | Tron |
| Trump | β | Solana |
If you don't have any crypto but would prefer to use it at Duelbits, then you can buy some on the website. Follow the step-by-step guide below to get your own crypto, so you can top up your balance:
Log in to your Duelbits account
Click the green βBuy Crypto' button
Choose your cryptocurrency
Select how much you want to buy in your local currency, i.e., USD
Complete the purchase
Your crypto will be added to your balance instantly
Now you know how to go about getting hold of some cryptocurrency, what about if you already have some? Here's how to deposit using cryptocurrencies with ease:
Sign in to your Duelbits account
Click the βWallet' icon
Select your preferred cryptocurrency
Copy the wallet address
Head to your crypto exchange wallet
Paste the address into the designated field
Choose how much you want to deposit
Confirm the transaction
Payouts are as simple as deposits, so there isn't much required from you. Let us walk you through the process, so you know exactly what to do when the time comes:
Log in to your Duelbits account
Tap the Withdrawal button
Choose your preferred cryptocurrency
Enter how much you want to withdraw
Open your crypto wallet
Copy your wallet's address
Paste the address when you are prompted
Complete the withdrawal request
In short, yes. Cryptocurrencies can absolutely be safe to use. Crypto payments boast high levels of security, as they are processed through the blockchain. Although this does mean that you can't ever stop the payment or get a refund if something goes wrong. This is why you always need to double and triple-check that you have entered the correct details before you proceed.
Fundamentally, you are protected with high levels of encryption and complete privacy. You don't need to share sensitive information such as your name or banking details, as it's not needed for any crypto transactions. As such, no one needs to hear about your crypto payments unless you decide to tell them. Once you have processed a payment, it's incredibly hard to tamper with, making it ideal for anyone who wants to increase their overall online safety.
We have spent a lot of time on crypto betting sites, including Duelbits, as you can see by our Duelbits review. We have learned a lot, especially about how cryptocurrencies work at Duelbits directly. If you have any questions, check out the following commonly asked questions that we always see online:
Yes, you can. Regardless of how you choose to deposit at Duelbits, you will still qualify for a deposit bonus. Of course, a specific bonus may exclude certain payment methods, so make sure to read the T&Cs for each bonus.
Occasionally, cryptocurrencies may be denied by your wallet. This rarely happens, but it is possible. When it does happen, it results in your crypto being returned to your wallet instead of being deposited on Duelbits. Crypto can be denied for many reasons, including it taking too long to process, your wallet being flagged incorrectly as fraudulent, or your transaction fee being too low.
No, Duelbits doesn't add any withdrawal fees on their end. Every crypto payment is processed over the blockchain, which may incur some costs. Costs may fluctuate, depending on the supply and demand. You can check the ever-changing costs by heading to the deposit page and picking your preferred crypto.
If your withdrawal hasn't arrived as quickly as you anticipated, it may have been flagged for a manual review. Manual reviews are completed as quickly as possible, but this will cause some delays. You can contact the support team to find out more.
Still weighing things up? We've listed a few of the main pros and cons to help you out:
Duelbits didn't previously accept cryptocurrencies for withdrawals, but you can now choose crypto for deposits and payouts, as you wish. With a healthy list of cryptocurrencies to choose from, there's something suitable for most bettors. We found plenty of crypto at Duelbits, including Bitcoin and more. If you want a full breakdown of the supported crypto in your area, all you need to do is follow our on-page links.
The minimum deposit will vary depending on the cryptocurrency you choose. For instance, we found that the minimum for the Duelbits Ethereum option is 0.00001.
Deposits are practically instant, but it may take a couple of minutes for it to land in your Duelbits account. In most cases, your deposit will be credited in less than two minutes.
Yes, you can. You can deposit and withdraw cryptocurrency. When we visited the Duelbits app, we were given the same crypto options for both.
Duelbits supports a wide range of cryptocurrencies. We found crypto, including Bitcoin, Dogecoin, Ethereum, and Tether, just to name a few.
Duelbits offers a range of promotions, which vary depending on where you are based. You can claim deposit bonuses, join the VIP program, and may even spot a Duelbits no-deposit bonus on occasion.
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