Skip to main content

Why Are All My Deposits Converted to DBC on DropBet?

Updated over 2 weeks ago

When you deposit funds into DropBet, your balance is automatically converted into DBC, the platform's internal gaming currency. 1 DBC = 1 USD, ensuring a standardized betting experience across all games.


1. What is DBC?

DBC is the in-platform currency used for all wagers, providing:βœ… Seamless betting across different games.βœ… Stable value (1 DBC = 1 USD) regardless of crypto price fluctuations.βœ… Faster transactions for deposits, bets, and withdrawals.


2. How Does the Conversion Work?

  • When you deposit crypto, it is converted into DBC based on its current USD value.

  • Your DBC balance is used for all in-game transactions.

  • When you withdraw, DBC is converted back to the cryptocurrency of your choice at the current exchange rate.


3. Why Does DropBet Use DBC Instead of Crypto Balances?

πŸ”Ή Prevents price fluctuations from affecting bets.πŸ”Ή Provides a consistent betting experience regardless of deposit currency.πŸ”Ή Speeds up transactions without blockchain confirmation delays.


4. Can I Choose Not to Convert My Deposits?

No, all deposits are automatically converted to DBC to maintain a fair and stable gaming environment. However, you can withdraw in crypto, and it will be converted back at the current exchange rate.


5. Where Can I See My DBC Balance?

  • Your total balance is always displayed in DBC within your account.

  • You can check the conversion history in your Transaction History tab.

πŸš€ DBC simplifies betting, ensures fairness, and makes transactions smoother! πŸš€

Did this answer your question?