{"id":2081,"date":"2019-10-31T08:15:18","date_gmt":"2019-10-31T08:15:18","guid":{"rendered":"https:\/\/blog.coinpoker.com\/?p=2081"},"modified":"2023-05-25T08:33:15","modified_gmt":"2023-05-25T08:33:15","slug":"how-to-deposit-from-your-bank-to-coinpoker","status":"publish","type":"help","link":"https:\/\/coinpoker.com\/help\/how-to-deposit-from-your-bank-to-coinpoker\/","title":{"rendered":"How to Deposit from Your Bank to CoinPoker"},"content":{"rendered":"\n
Depositing funds to your CoinPoker account takes no more than a couple of hours, and you can go from fiat funds to crypto poker in just a few simple steps:<\/p>\n\n\n\n
Going Step-by-Step<\/strong><\/p>\n\n\n\n This section goes over each step for making a CoinPoker deposit in detail.<\/p>\n\n\n\n Step 1: Buy USDT, ETH or BTC.<\/strong><\/p>\n\n\n\n The first step of your journey to the world of blockchain is to buy crypto assets. These assets can then be traded or held to cover transaction fees. Recommended currencies are Tether (USDT), Bitcoin (BTC) or Ethereum (ETH) because of their popularity, making them the easiest assets to trade. BTC is more stable in terms of price, while ETH and USDT transactions are faster. The latter is also our ingame currency.<\/p>\n\n\n\n You can buy crypto using your credit card or bank wire at CEX<\/a>, one of the most popular websites for purchasing crypto assets. Our team used a credit card to test it out and it only took 2 hours<\/strong> to register, deposit, and have the crypto assets appear on our balance.<\/p>\n\n\n\n Below are the most important things you need to know about buying crypto on CEX:<\/p>\n\n\n\n If you struggle with anything, get in touch with CEX support<\/a>, or try one of the following alternative platforms:<\/p>\n\n\n\n Step 2: Create a Personal Crypto Wallet<\/strong><\/p>\n\n\n\n Once you purchase crypto assets with your credit card or via bank transfer, the next step is sending them to a cryptocurrency wallet<\/a>. There are a few wallet options available, and below are the pros and cons of each.<\/p>\n\n\n\n !!! MAKE SURE TO WRITE DOWN YOUR PRIVATE KEYS !!!<\/strong><\/p>\n\n\n\n Without it, you will not be able to access your wallet and your funds will be lost.<\/p>\n\n\n\n Step 3: Deposit to CoinPoker<\/strong><\/p>\n\n\n\n When depositing and withdrawing crypto assets to CoinPoker, you can choose to do so with USDT, ETH, BTC or CHP. When it comes to deposits, CoinPoker aims to provide real-time global conversion rate and applies no fees, but slight discrepancies are possible.<\/p>\n\n\n\n !!! DO NOT DEPOSIT TO COINPOKER STRAIGHT FROM KUCOIN OR OTHER EXCHANGES, TRANSFER FUNDS TO YOUR PERSONAL WALLET FIRST !!!<\/strong><\/p>\n\n\n\n Depositing straight from exchanges will not work! All deposits and withdrawals to and from your CoinPoker account have to come from\/to your personal crypto wallet<\/strong> (See Step 2) or your funds will be lost.<\/p>\n\n\n\n When you make your first deposit, you will be asked to enter the address of your personal wallet you will send the funds from. This wallet will then be permanently assigned to your CoinPoker account<\/strong>, and you will only be able to deposit from there in the future.<\/p>\n\n\n\n If you need to change your wallet address, you can do that by contacting us by email support@coinpoker.com<\/a>. Our team will assist you with resetting your wallet. <\/p>\n\n\n\n
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While these wallets are secure, they are still constantly connected to the internet. This means that, technically, it is still possible to hack them, unlike hardware wallets that stay offline. On the plus side, software wallets eliminate some of the risks that come with storing your crypto on web wallets like MEW. A couple of great software wallets are Atomic Wallet<\/a> and Exodus<\/a>.<\/li>\n\n\n\n