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Deposit and withdrawal methods: Bitcoin depositor to which wallet?

Topic created on 23rd Feb. 2025 | Page: 1 of 1 | Answers: 2 | Views: 91
JaCasino1
Visitor
If I Deposit BTC in a casino, which address/wallet do I use?
Does the casino have one address that everyone deposits to? But how do they know who is who?
Or do they create an address in your name? Is it a hot or cold wallet?

This post has been translated automatically

Malganes
Top Member

JaCasino1 wrote on 23.02.2025 at 19:02: If I Deposit to a casino with BTC, which address/wallet does it go to?
Does the casino have an address that everyone deposits to? But then how do they know who is who?
Or do they create an address in your name? Is it a hot or cold wallet?

Maybe you could describe your question a little more, then I/we could answer it better? First of all, it's better to deposit into a casino with Litecoin than with Bitcoin, because the fees are not as high. Which Provider do you use to deposit into the casino? Coinbase etc.?


Each casino has its own wallet address. Whether this address belongs to a hot or a cold wallet is not clear to my knowledge. When you deposit in a casino, the casino receives your crypto address if you deposit with Litecoin, for example, and the casino can therefore assign your Litecoin address to your account, or have I misunderstood your question?

This post has been translated automatically

danny005
Elite
Each BTC or LTC crypto address displayed in a casino is specific to your account.

The situation is different with XRP, for example, where you have to send a memo. This numerical number is then used for internal allocation.

This post has been translated automatically

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