How to Deposit and Withdraw Bitcoin in Online Poker: Step-by-Step Guide (2026)

8 min read · Published on October 06, 2026

Updated on October 6, 2026.

Playing poker with Bitcoin is simpler than it sounds. To deposit, you buy crypto on an exchange — paying with a card, bank transfer or e-wallet — and send it to the address shown in the room’s cashier, always on the right network. To withdraw, it’s the reverse: the room sends the crypto to your exchange, you sell it, and transfer the cash to your bank account or e-wallet.

In most cases, the best choice is USDT on the TRC-20 network. Fees tend to be low, and the value doesn’t swing like Bitcoin’s does, since it tracks the US dollar. Use BTC when the room only accepts Bitcoin. If you’re still choosing where to play, check out the poker sites that accept Bitcoin first.

Cover image: How to deposit and withdraw Bitcoin in online poker

Quick Summary

Deposit: buy crypto with a card, bank transfer or e-wallet on an exchange, then send it to the address in the room’s cashier.
Withdrawal: send from the room to your exchange, sell the crypto, then transfer the cash to your bank or e-wallet.
Currency: prefer USDT on the TRC-20 network. Use BTC when the room only accepts Bitcoin.
Network: always send on the network the cashier shows you.
Test: send a small amount first, then the rest.
Records: keep receipts for everything, in case you need them for tax purposes.

Why Use Crypto for Online Poker

Plenty of international poker rooms accept crypto, and some work almost exclusively with it. The advantages:

Speed: confirmations usually take minutes, depending on the network.
Available any time: the network runs 24 hours a day, including holidays.
Fewer middlemen: you’re not depending on a third-party payment processor that could change its rules or go down.

The downsides:

Volatility: Bitcoin can go up or down between buying and depositing, and between withdrawing and selling. Even USDT, which tracks the US dollar, can change in value in your local currency as exchange rates move.
Mistakes are irreversible: there’s no chargeback. The wrong address or network can mean a total loss.

If you’d rather not use crypto, check the room’s cashier for other options, such as cards or e-wallets.

BTC or USDT: Which Should You Use

USDT is a stablecoin: each unit aims to be worth $1. Bitcoin’s price moves all the time. That’s why using USDT for poker tends to be more predictable.

The numbers below are a third-party estimate from the site DeucesCracked, with no update date given. Fees change with how busy each network is.

Currency/network	Typical fee	Typical time	Note
USDT (TRC-20)	$0.50 to $1	1–5 min	Stable value in dollars. Check if the room accepts this network.
BTC (Bitcoin network)	$1 to $5	10–30 min	Price can move between deposit and withdrawal.
ETH (Ethereum network)	$2 to $10	Not specified	Fees tend to run higher.
LTC (Litecoin network)	Under $0.10	Not specified	Low fee, but not every room accepts it.

Rule of thumb: if the room only accepts BTC, send it right after buying, to cut down the time you’re exposed to price swings.

Step-by-Step: How to Deposit

Create an account with an exchange that operates in your country and complete identity verification (KYC). Binance is one example.
Add funds to the exchange with a card, bank transfer or e-wallet, and buy the crypto the room accepts, ideally USDT or BTC.
Open the poker room’s cashier, choose to deposit, and select the currency and network. Note the exact network, for example TRC-20 for USDT.
Copy the deposit address using the copy button, or scan the QR code. Don’t type it by hand.
Send a small test amount from the exchange, using the same network. If the cashier asks for a memo or tag, fill it in.
Wait for confirmation and check that the amount shows up in the room’s balance. Only then send the rest.
Keep records: receipts for funding the exchange and buying the crypto, the transaction hash, and a screenshot of the cashier.

Heads up: your test transfer still needs to meet the room’s minimum deposit. Amounts below the minimum may not be credited.

Step-by-Step: How to Withdraw

Keep your verification up to date with the room. On your first withdrawal, or for larger amounts, the room may ask for documents (KYC). Send them early so you don’t get delayed.
On the exchange, generate a deposit address for the currency you’re withdrawing, on the same network the room uses for withdrawals.
In the room’s cashier, request the withdrawal, paste the address, and confirm the network. For your first withdrawal, consider testing with a smaller amount.
Track the request. Some rooms run security reviews, which can take extra time.
On the exchange, sell the crypto for cash and transfer it to your bank account or e-wallet.
Keep the receipts for the withdrawal, the sale and the transfer.

Mistakes That Can Cost You Money

Wrong network. USDT exists on several networks, like TRC-20 and ERC-20. If the cashier shows TRC-20 and you send on ERC-20, the money may never arrive, and often there’s no way to get it back.
Forgetting a memo or tag. Some cashiers require an extra code. Without it, the deposit may not be identified.
Sending from an exchange that blocks gambling. Some platforms restrict transfers to gambling sites. Read the terms first so your account doesn’t get blocked.
Copying an address from a screenshot, email or message. Scammers send fake addresses in messages or on sites that mimic the room. Always grab the address from inside the cashier itself. There’s also malware that swaps copied addresses, so double-check the start and end after pasting.
Leaving a balance sitting on the exchange. Think of the exchange as a stopover. An idle balance is exposed to the platform’s risks and to price swings.

Poker Rooms That Accept Crypto

Payment methods change often. Always check the room’s cashier before sending anything.

Ignition Poker LATAM

The former Bodog Poker LATAM was renamed Ignition Poker LATAM in February 2026. Brazil is among the 14 countries it serves. According to WorldPokerDeals, accounts and balances were kept as they were, with no changes to payment methods or deposit and withdrawal limits. SoMuchPoker reports that the room accepts Bitcoin and other major cryptocurrencies, with fast crypto withdrawals. Check the cashier for currencies and minimum amounts. More details in our Ignition review.

Open an account with Ignition

Other Rooms

According to third-party reviews, CoinPoker accepts USDT (TRC-20 and ERC-20), USDC, BTC, ETH, SOL, BNB, POL and TRX, and only pays out in crypto. The room’s official deposit page lists both crypto and fiat options.

Also according to third-party reviews, ACR (Americas Cardroom) accepts deposits in BTC, LTC, ETH, USDT and USDC. Crypto withdrawals usually go out within an hour, but security reviews can slow things down.

To compare your options, check out our list of poker sites that accept Bitcoin and the best poker sites around.

Crypto Taxes and Poker Winnings

This isn’t legal or tax advice, and the rules change often and vary a lot from country to country. For your own situation, check with a tax professional where you live.

Many countries treat crypto gains as taxable income, often with their own thresholds and rates.
If you buy and sell through an exchange based in your own country, local reporting rules usually apply. Using a foreign exchange or your own wallet can trigger different rules.
Some countries also ask you to declare crypto holdings above a certain value, even before you sell anything.
Poker winnings are often taxed under different rules than crypto trading gains, so the two may not be treated the same way where you live.

Keep records of every deposit, withdrawal and trade — you may need them later.

Frequently Asked Questions

How does crypto poker work?

You buy crypto on an exchange — usually with a card, bank transfer or e-wallet — and send it to the poker room's cashier address, on the right network. To withdraw, the room sends the crypto to your exchange, you sell it, and transfer the cash to your bank account or e-wallet.

Is it better to deposit with USDT or Bitcoin?

If the room accepts it, USDT on the TRC-20 network usually has low fees and doesn't swing in value the way Bitcoin does. Use BTC when the room only accepts Bitcoin.

What happens if I send on the wrong network?

The money may never arrive, and in many cases there's no way to get it back. Always use the network the cashier shows you, and send a small test amount first.

How long does a crypto withdrawal take?

It depends on the room and the network. According to third-party reviews, some rooms pay out in about an hour, but security reviews and document requests can slow things down.

Do I need to report the crypto I use for poker?

Rules vary a lot from country to country. Many tax authorities ask you to declare crypto holdings above a certain value and tax any gains when you sell. Check the rules where you live, or talk to an accountant.

Can I use any exchange to send crypto to a poker room?

Not always. Some platforms restrict transfers to gambling sites. Read your exchange's terms before sending.

Still unsure about a step? Reach out to us on Telegram (@Guilherme88rpw) before you send anything. And if you’re still choosing where to play, compare the poker sites that accept Bitcoin.

Play responsibly. Online poker is 18+ only — check the legal age where you live.

Sources

Play responsibly. 18+ only, and check the legal age where you live.

Share: WhatsApp Telegram Facebook Instagram X LINE Reddit

Who writes this

RakebackPokerWorld

The RakebackPokerWorld team: professional poker affiliates since 2017, more than 20,000 players helped. We test rooms, payments and rakeback before recommending them.

Message us on Telegram About us