In the last couple of years, online casinos have been taking advantage of new technologies such as the blockchain and cryptocurrencies to improve their customers’ user experience. Cryptocurrencies, in general, have many benefits over the traditional payment methods that these online casinos have been using for the last couple of years.
In today’s article, we shall discuss the procedure for depositing crypto at online casino Malaysia and its benefits on the side of casino users. We shall also take you through some small basics about cryptocurrencies to help those who are not well familiar with this new invention that has been shaking the fintech industry in the last decade.
Steps to Make Crypto Deposit in BK8
Because of the many benefits that crypto has over other payment alternatives, it is the method I would recommend most people to use while making deposits on their wallets. If you choose to use crypto as your preferred method to deposit money on your wallet, below are the steps you can use to deposit;
Step #1: Log in to BK8
Log in to your BK8 account using your username and password. The process of creating an account is simple and just takes a few minutes. The only information BK8 needs while creating an account is your username, password, email address, and phone number. To prevent any hiccups when you utilize the site, be sure to submit the necessary information.
Step #2: Go to “DEPOSIT” and select Crypto deposit option
While logged in, tap the “DEPOSIT” option and choose crypto as your preferred payment method. BK8 has several other depositing options, so you need to select crypto if you want to deposit with BTC, ETH or USDT. For more clear information, you can read our “How to Place Your Bet with BK8 Crypto“.
Step #3: Choose your banking options (BTC, USDT, or ETH)
Choosing the sort of currency, you’ll use for your crypto deposit is the next step. For the vast majority of people, bitcoin will be the currency of choice. However, you can also use ETH or USDT to make your deposits.
Step #4 Scan QR code with your crypto wallet and make deposit to our crypto address
Here we are using one of the biggest, most trusted, and secure crypto wallet “Huobi”. Huobi is a Seychelles-based cryptocurrency exchange. Founded in China, the company now has offices in Hong Kong, South Korea, Japan, and the United States. In August 2018 it became a publicly listed Hong Kong company, for more information you can read more here. It is also available in both Android and Apple App Stores.
Steps to make your crypto deposit in BK8:
Step 1: Visit the “Huobi” official site/ Download the “Huobi” App (iOS/Android) and Register an account.
Step 2: Log into Huobi App and click [Balances]. (**Make sure you have enough crypto balance before withdraw from you Huobi wallet to BK8 wallte**)
Step 3: Click [Withdraw].
Step 4: Search for the coin you want to withdraw.
Step 5: Select the chain
*Please make sure that you select the same chain as the chain of the platform or wallet you are withdrawing funds to. If you select the wrong chain, you will lose your funds.
Step 6: Copy address OR Scan the QR about BK8 crypto wallet address at your BK8 deposit interface.
Step 7: Paste the address you want to withdraw the tokens to and enter the withdrawal amount.
Step 8: Please take note of the transaction fee and the amount that the other wallet will receive.
Step 9: Click [Withdraw] and confirm the transaction again.
Step 10: Verify the transaction by following the on-screen instructions
Step 11: Click [Confirm] and wait for the transfer to be processed.
After you have done your crypto withdrawal to the BK8 crypto wallet, you may receive BK8 customer support or a message notification about the completion of the crypto deposit in BK8.
Step #5: Make your crypto deposit with T&C
You will have to accept the payment terms and conditions before your transaction is fully processed and money sent to your wallet. If you have some time on you, we encourage you to read these terms so that you are informed about how BK8 uses your payment information, the time it takes to process transactions, etc.
Step #6: Complete
After accepting the terms and conditions, you should complete the transaction to add the money to your wallet. Afterwards, you may spend this money to wager on anything you like.
Steps to Transfer Money to Any Game Wallet
BK8 partners with a number of game providers, and each of them have an e-wallet where users have to deposit money before placing bets. So, once you have money in your BK8 wallet, you are supposed to transfer whatever amount you wish to your game wallet. Follow these instructions to move money between your BK8 wallet and the game wallet.
Step #1 – After completing your crypto deposit, you will receive a top-up money message in your BK8 e-wallet. This message confirms that your transaction is complete, and you can now use the deposited money to place bets on games of your choice.
Step #2 – Go to “TRANSFER”, select your BK8 wallet and transfer to your desired casino game e-wallet. You can choose any available wallets for the different game providers depending on the games you are interested in playing. For example, if you want to play Spadegaming games, you will have to deposit the money to Spadegaming’s e-wallet.
Step #3 – If you have a special or promo code, you can directly apply it. At this point, if you have a promo code that you probably won on any of BK8’s promotions, you can use it here to earn some bonus credits. These bonus credits can also be used to place bets as you would with the normal cash that you deposited.
Step #4 – Decide how much money you wish to send. You should now determine how much you are willing to use for betting on the specific games you are interested in. Input that amount and proceed. Remember, once the money is deposited on the game’s e-wallet, you can only get it back if you have won a bet; you can’t withdraw from the deposits made. So, make sure you input the right amount.
Step #5 – To finish, click “SUBMIT.” Once you’ve determined how much money you’d want to spend on the games, you’re ready to proceed with the purchase. You may also have to read and accept the terms and conditions for that particular game e-wallet before the transaction is completed.
One of the core attributes that have made BK8 very popular amongst casino players in Asia is its reliable customer support. No matter what time of day or night, their customer service crew is always accessible to assist them. So, if you happen to get problems while making your crypto deposit, you can always contact their support team for assistance.
BK8 support can be contacted on several instant messaging platforms, including WhatsApp, WeChat, and their built-in live chat application. The quality and promptness of the feedback you will get won’t be affected, no matter the messaging platform you choose to use. So, choose whichever platform you find convenient and send them your concern. To get in touch with them, you’ll need to sign up for an account on the website first.
Other Payment Methods
Besides crypto, BK8 has other deposit payment alternatives that you can opt for. These methods are mainly ideal for people within Malaysia. For anyone outside Malaysia or Southeast Asia, I would still recommend using crypto because it is the cheapest and most convenient. However, if you find it a little hard or inconveniencing to crypto, below are some of the alternatives available;
- Financial Process Exchange (FPX)
- Touch ‘n Go eWallet
All the above are Malaysian-based e-wallet platforms that anyone within Malaysia can use to make payments, including making deposits to their casino wallet. Transferring money to these e-wallets requires you to have an account in a Malaysian-based bank or other supported banks within Asia.
So, before choosing which e-wallet amongst the four, make sure you check out the list of banks they support. It wouldn’t make sense to choose an e-wallet that doesn’t support the bank you use. This is especially important to people in other Asian countries besides Malaysia because there are only a few banks outside Malaysia that these e-wallets support.
If you realize none of the banks you use is supported, we recommend using crypto to avoid getting inconveniences along the way.
Crypto deposits have become a common option at several online casinos in Malaysia. Depositing with cryptocurrencies such as Bitcoin, ETH, and USDT is much cheaper and faster than traditional e-wallets. BK8 e-wallet deposits are also easy for gamers outside of Malaysia to make.