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How to Deposit with Crypto

Depositing with crypto might look tricky at first – but once you know the steps, it’s fast, safe, and incredibly easy. This guide shows you exactly how to fund your GemBet account, from choosing the right network to completing a secure transfer.

Updated over a week ago

Before You Deposit: Read This First ⚠️

To keep your funds safe, follow these rules every time:

Don’t send from exchange deposit addresses

Never deposit directly from a Binance / Bybit / Crypto.com deposit wallet.

(You can use exchanges – just send to your personal wallet first.)

⚠️ Always match the network

Example: If your deposit page shows USDT (BEP-20) → send using BNB Smart Chain (BEP-20).

Mixing networks = funds lost permanently.

📋 Copy/paste addresses – never type

Crypto addresses are long on purpose.

One wrong character and your funds are gone.

📹 Video Guide

  • Wait for a few seconds before the GIF starts playing

🟢 Step 1 – Send Crypto to Your GemBet Deposit Address

  1. Open your wallet (Trust Wallet or MetaMask)

  2. Tap Send

  3. Copy/paste the deposit address from GemBet

  4. Find your deposit address on GemBet by clicking Deposit → Crypto → Enter Amount → Choose Your Coin + NetworkConfirm

  5. Select the same network (BEP-20 / POL / TRC-20)

  6. Make sure the network in your wallet matches the one selected on GemBet

  7. Confirm the transaction

  8. Once verified on the blockchain, your deposit will appear automatically

Most transfers complete in just 1–3 minutes.

ℹ️ Important Note

  • Small fees apply to crypto deposits

  • These fees are charged by your wallet provider, not by GemBet

  • This means the amount received is slightly lower than the amount you’ve sent, depending on network fees

🌐 Recommended Networks (Fastest & Cheapest)

🥇 Tron (TRC-20 – USDT)

Beginner-friendly

Flat fee ~1 USDT

Widely supported

🥈 Polygon (POL – USDT/USDC)

Ultra-cheap fees

~$0.01–$0.03

Great for frequent deposits

🥉 BNB Smart Chain (BEP-20 – USDT/USDC)

Fastest + extremely low fees

~1 minute | ~$0.05–$0.20

Supported almost everywhere

💡 Quick Tips

  • Always copy/paste wallet addresses (or scan the QR code GemBet provides)

  • Double-check network + coin before sending

  • Keep your seed phrase offline

  • Don’t send from exchange deposit addresses

  • Save your GemBet deposit address for easy future transfers

📚 Crypto Glossary

Buy / On-Ramps

Services that turn fiat → crypto (e.g., MoonPay, Transak, Ramp).

Coin / Token

Coin: Cryptocurrency native to its blockchain (e.g., Bitcoin on Bitcoin blockchain).

Token: Cryptocurrency built on an existing blockchain (e.g., USDT on Ethereum).

Gas / Network Fee

A small fee paid to the blockchain to process a transaction. Varies by network (e.g., ETH gas fees are high, BSC is cheap).

Import Wallet

Adding an existing wallet into a wallet app using seed phrase, private key, or JSON file. Only possible with non-custodial wallets.

MetaMask

A popular non-custodial wallet available as a browser extension and mobile app, supporting Ethereum, BNB Smart Chain, and other networks.

MoonPay / Transak / Ramp

Third-party providers that allow users to buy crypto with credit cards, bank transfers, or Apple/Google Pay. Integrated into wallets.

Network

The blockchain network where a token exists (e.g., Ethereum, BNB Smart Chain, Tron).

Non-Custodial Wallet

A wallet where you hold your own crypto. We never touch it, store it, or manage it.

Private Key

A secret alphanumeric code that grants access to your wallet and funds. Must be kept offline and never shared.

Receive / Deposit

Getting crypto into your wallet. You provide your public address to senders.

Refunds / Reversals

Crypto transactions on-chain are usually irreversible. If sent to the wrong address, funds may be lost permanently.

Recovery Phrase / Seed Phrase / SRP

12-24 words that serve as a backup for a non-custodial wallet. Essential for restoring wallet access.

Send / Withdraw

Transferring crypto out of your wallet to another wallet or exchange. Requires correct network and wallet address.

Stablecoin

A cryptocurrency pegged to a stable asset (usually fiat) like USDT or USDC. Used to avoid price volatility.

Transaction ID (TxID)

A unique identifier for each blockchain transaction. Can be used to track transfers on a block explorer.

Wallet Address

Public alphanumeric string used to receive crypto. Can share safely. Example: 0x123abc…

Wallet Backup

The process of saving your recovery phrase/private key to restore access to your wallet if lost.

🤔 FAQ

Which network is fastest?

BEP-20 (BNB Smart Chain)

Which is cheapest?

Polygon (POL) – usually just a few cents.

Should I use TRC-20?

Yes – simple and widely supported. Fee ~1 USDT.

Why not ERC-20 (Ethereum)?

High gas fees + slower confirmations.

Can I send from Binance / Crypto.com?

Yes – but send to your personal wallet first.

Never use exchange deposit addresses for GemBet.

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