Rainbet Bitcoin: deposits, confirmation times and fees

How does a Rainbet Bitcoin deposit work?

A Rainbet Bitcoin deposit is a normal BTC transfer from your wallet to a deposit address shown in your Rainbet account. Once the network gives the transfer one confirmation, the balance updates.

1. Get your BTC deposit address from your Rainbet account, and match the coin and network.
2. Paste it into your own wallet or exchange and check the first and last characters.
3. Send, then wait for one confirmation.

How long does Bitcoin take?

Bitcoin needs around 10 minutes for one confirmation in normal conditions. That makes it the slowest of the networks Rainbet lists, and the difference matters if you're in a hurry.

A busy network or a low fee can stretch the Bitcoin wait. The transfer isn't lost while it's pending. It's waiting for a miner to include it in a block.

What does a Bitcoin transfer cost?

A Bitcoin transfer costs a network fee, paid to miners and set in your wallet when you send. Rainbet describes Bitcoin and Ethereum fees as lower than most banking equivalents in normal conditions. The fee doesn't go to Rainbet.

Most wallets suggest a fee for you. Choosing the lowest setting during a busy period is the usual reason a deposit takes longer than expected.

How do Bitcoin withdrawals work?

Bitcoin withdrawals follow the same rules as every other withdrawal on Rainbet.

• Minimum: $15 or the equivalent in BTC.
• Processing: typically processed and sent within 5 to 15 minutes.
• Wager lock: all crypto deposits carry a 1x wager lock, so the deposit is wagered once before withdrawal.
• Commission: none once the deposit has been wagered once.

After Rainbet sends the withdrawal, the Bitcoin network still has to confirm it before it shows in your wallet. The full conditions are on Rainbet deposits and withdrawals.

What should you check before sending BTC?

A Bitcoin transfer is final. Nobody can recall it, including Rainbet and your exchange.

• Send BTC only to a BTC address, on the Bitcoin network.
• Copy the address fresh from your Rainbet account each time instead of reusing a saved one.
• Send a small test amount first if the sum is large.
• Keep the transaction ID until the deposit shows in your balance.

Does the Bitcoin price affect your balance?

The price of Bitcoin moves all the time, and Rainbet states its limits in US dollars. So the amount of BTC that equals the $15 minimum withdrawal changes from day to day. If price swings worry you, the stablecoins USDT and USDC are on the supported list too.

Which games can you play with Bitcoin?

A Bitcoin deposit funds the whole account. The same balance covers slots, live tables, sports bets and the in-house games on Rainbet Originals, which were built with crypto play in mind. The full library is on Rainbet casino.

What is a confirmation?

A confirmation is the Bitcoin network recording your transfer in a block. Miners gather pending transfers into a block roughly every ten minutes, and once yours is in one, it has one confirmation. Rainbet credits a deposit at that point.

Until then the transfer shows as pending or unconfirmed in your wallet. You can follow it with the transaction ID on any public Bitcoin block explorer.

Should you send from a wallet or an exchange?

Either works, and they behave a little differently.

When you withdraw from Rainbet, send to an address you control and double-check that it's a Bitcoin address.

Rainbet's withdrawal rules are the same whichever you use: a $15 minimum, and the 1x wager lock on the deposit cleared first.

Is Bitcoin the best coin to use on Rainbet?

Bitcoin is the best-known coin and the slowest of the listed networks. Pick it if BTC is what you already hold. Speed or a low network fee may matter more to you. Rainbet puts fees on Tron, Solana, BNB Smart Chain and Litecoin at a fraction of a cent to a few cents. The first three confirm in under two minutes.