Bovada has a minimum deposit using Bitcoin that is set at 0.0001 BTC. That comes out to be around $10 or slightly less, which is reasonable if you are looking to use the site for the first time as a new player. I will explain how all cryptocurrency deposits work so you understand things thoroughly before getting started.
Quick Answer: Bovada’s minimum deposit via Bitcoin is $10 or slightly less
What Is the Minimum Bitcoin Deposit on Bovada?
So, the minimum deposit for Bitcoin is set at 0.0001 BTC which equals $10 USD or slightly less depending on the price of Bitcoin. Other cryptocurrencies on the site have similar values for minimum deposits depending on the altcoin you are using. Generally, USDT has the lowest amount which is set at $5 of all cryptocurrency options. I attached a screenshot so you can see the different options for depositing with.
Does Bovada Charge Fees for Bitcoin Deposits?
No, they do not. This has more to do with the wallet or exchange you are sending the cryptocurrency from. Bitcoin is usually expensive to send, especially for lower amounts. I would consider some other options if you planned on depositing $10 or less. For example, USDT or Ethereum would have a much lower sending cost compared to Bitcoin.
How Long Does a Bovada Bitcoin Deposit Take?
Once again this has more to do with network confirmations, and transaction congestion that can make a Bitcoin deposit take a bit longer to land. When I’ve sent Bitcoin to Bovada it’s relatively fast most of the time and shows up within 10 minutes. Other times I’ve had to wait 30 minutes to an hour which doesn’t happen often, but it can happen since sending Bitcoin tends to be slower.
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Do I Prefer Sending Bitcoin vs Other Cryptos on Bovada?
For larger amounts I do think Bitcoin can feel safer to use, but I do also like to send deposits with USDT because it is much faster. For example, USDT is a stable coin that moves instantly when you send it, compared to Bitcoin which almost always has some type of longer wait time. However, if you are more comfortable sending Bitcoin then I would just stick with it. If you are looking for faster speed for the money hitting your Bovada account USDT or Ethereum will work better.
How to Deposit Bitcoin on Bovada
Depositing Bitcoin on Bovada is easy to do and I’ve also attached a screenshot to show what it looks like. To get started, create a Bovada account or log into your existing account. Navigate to the cashier section and select Bitcoin (BTC) as your preferred deposit method.
Bovada will provide a unique Bitcoin wallet address or QR code. Open your cryptocurrency wallet, copy the address, and enter the amount of Bitcoin you want to deposit. Make sure your deposit meets Bovada’s current minimum requirement. Before sending your Bitcoin, double-check the wallet address and transaction details. Once submitted, your deposit will need to receive the required blockchain confirmations before appearing in your Bovada balance.
Bitcoin deposits can arrive within minutes, although processing times vary depending on network congestion. Always verify the deposit instructions in Bovada’s cashier before transferring funds, since Bitcoin transactions generally cannot be reversed.
Bovada Cryptocurrency Minimum and Maximum Deposit Limits
| Cryptocurrency | Minimum Deposit | Maximum Deposit |
|---|---|---|
| Bitcoin (BTC) | 0.0001 BTC | $5,000 |
| Bitcoin Cash (BCH) | 0.001 BCH | $5,000 |
| Bitcoin SV (BSV) | 0.2827 BSV | $5,000 |
| Litecoin (LTC) | 0.01 LTC | $5,000 |
| Ethereum (ETH) | 0.002 ETH | $5,000 |
| Tether (USDT) | 5 USDT | $5,000 |
| Bitcoin Lightning (BCL) | 0.0001 BCL | $10,000 |
Can You Claim a Bovada Bonus with a Minimum Bitcoin Deposit?
This is also situational for your account as a player. Sometimes Bovada will set a minimum to receive a bonus where you must deposit at least $20 to receive an offer. At other times there will be bonus match and if you deposit as little as $10 you can still receive the bonus they offered you. Anytime you do have an offer sitting in your account it’s best to read the terms attached to it. If I’m ever confused about anything I also tend to reach out to the live chat in the help section of the website and just ask an agent. Because it never hurts to ask.
What Happens if You Deposit Less Than Bovada’s Bitcoin Minimum?
If you deposit less than Bovada’s minimum Bitcoin requirement of 0.0001 BTC, your funds may not be credited to your account. Bovada specifically states that cryptocurrency deposits below the minimum amount will not be honored. Keep in mind that Bitcoin network fees aren’t included in the minimum deposit requirement. I recommend sending slightly more than the required amount to account for any transaction fees.
If you’ve already sent Bitcoin below the minimum, contact Bovada customer support with your transaction ID. However, there’s no guarantee you’ll be able to recover the funds, so always double-check the minimum before making a deposit.
Final Thoughts
If you are new to Bovada doing a minimum deposit via Bitcoin or any other cryptocurrency they allow is a good way to get a feel for the site before going a bit heavier. I’ve used Bovada long enough that I’m comfortable sending larger amounts of $500 to $1000 plus at a time with Bitcoin, USDT, or Ethereum.
I also like that they don’t charge any fees for sending cryptocurrency or withdrawing, which is why I prefer using it anyway. Just remember that $10 or slightly less is minimum Bovada allows not for just sending Bitcoin but for all other altcoins as well.
Frequently Asked Questions
What Is the Minimum Bitcoin Deposit on Bovada?
The minimum Bitcoin deposit on Bovada depends on the current cashier requirements. Log into your account and select Bitcoin to see the minimum amount before transferring funds.
Can I Deposit $10 in Bitcoin on Bovada?
You can deposit $10 in Bitcoin only if Bovada’s current minimum deposit requirement allows it. Check the cashier before sending smaller amounts.
Can I Deposit $20 in Bitcoin on Bovada?
A $20 Bitcoin deposit may be accepted depending on Bovada’s current minimum. Keep in mind that cryptocurrency network fees can affect the amount received.
How Long Do Bovada Bitcoin Deposits Take?
Bitcoin deposits can arrive within minutes, but processing times depend on blockchain confirmations and network congestion. Some transactions may take longer.
Does Bovada Charge Fees for Bitcoin Deposits?
Bovada’s deposit fees may vary. Even when the casino doesn’t charge a deposit fee, your cryptocurrency wallet or exchange may charge network or withdrawal fees.
Can I Claim a Bovada Bonus With Bitcoin?
Eligible Bitcoin deposits may qualify for Bovada promotions. However, welcome bonuses can have separate minimum deposit requirements, wagering conditions, and restrictions.
What Happens if My Bitcoin Deposit Doesn’t Arrive?
Check your transaction status using a blockchain explorer. If the required confirmations are complete and your balance isn’t updated, contact Bovada support with your transaction ID.
Edward Pao is an online poker and casino affiliate marketer with over 10 years of experience in the industry. He has referred over 30,000 players to major poker platforms and specializes in reviewing the best online poker sites and casino bonuses.