How to Deposit Funds into Your Wallet

Depositing funds into your BetBTC account is a straightforward process, allowing you to quickly start betting or trading.

Follow these detailed steps to ensure your deposit is successfully credited to your account.

Step 1: Access the Wallet

Open your browser and navigate to the BetBTC website. Enter your credentials to log in. Once logged in, locate and click on the 'Wallet' option in the left-hand menu to open your wallet dashboard.

Fig1: Access the Wallets

Step 2: Initiate the Deposit

In the wallet dashboard, you’ll see tabs labeled ‘Deposit’, ‘Transfer’, and ‘Withdraw’. Click on the ‘Deposit’ tab. Decide whether you want to deposit Bitcoin (BTC) or Tether (USDT). Click on the corresponding button—‘Deposit BTC’ or ‘Deposit USDT’.

Fig2: Click on Deposit

Step 3: Deposit Funds

Copy Wallet Address:

Your unique wallet address for the selected cryptocurrency will be displayed under 'Wallet address'. Click the copy icon next to the address to copy it to your clipboard.

Fig3: Deposit funds

Alternatively, click 'Show QR Code' to display a QR code that can be scanned using a mobile wallet app.

Fig4: QR Code for Deposit

Open your external wallet or exchange where your funds are currently stored. Paste the copied wallet address or scan the QR code to set up the transfer. Enter the amount you wish to deposit.

Step 4: Confirm Deposit Details

Note the small deposit fee, which will be deducted from the amount you send.

Fig5: Review Deposit Fee

The deposit process involves a static fee of 0.000001 BTC. This fee is associated with the conversion costs when transferring BTC to Chain Key Bitcoin (ckBTC) on the Internet Computer Protocol (ICP) network.

Confirm the transaction in your external wallet. The transfer may take some time to process, depending on the network traffic and confirmations required by the blockchain.

Step 5: Update and Verify Balance

Once the transfer have been processed, return to the BetBTC wallet dashboard and click ‘Update balance’ to refresh your account balance. Ensure that the deposited funds reflect in your BetBTC wallet under ‘Balance’.

If there are any issues or if the balance does not update after a reasonable time, consider reaching out to BetBTC support for assistance.