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Cryptocurrency

Learn the basics of crypto, how to buy it safely, and how to deposit at AlphiBet.

You can use supported cryptocurrencies to deposit and withdraw funds from your AlphiBet account through Orbital.

Cryptocurrency availability may vary depending on your registered country and account currency.

What is cryptocurrency?

Cryptocurrency is a type of digital money that exists online.

Cryptocurrency transactions are recorded on a blockchain, a digital record shared across multiple computers. Once a transaction has been confirmed and added to the blockchain, it usually cannot be changed or reversed.

Where is cryptocurrency available?

Cryptocurrency deposits and withdrawals are available to AlphiBet customers registered in Bahrain, Jordan, Kuwait, Qatar and Saudi Arabia.

Transactions are supported for accounts using EUR (€), GBP (£) or USD ($).

Processing times

Cryptocurrency deposits are usually credited within 30–60 minutes, depending on the required blockchain confirmations.

Cryptocurrency withdrawal requests are usually reviewed within 24 hours. If verification documents, additional information or further security or compliance checks are required, the review may take longer.

Once the withdrawal has been approved and released, the time it takes to reach your wallet depends on the selected blockchain network and the number of confirmations required.

Deposit and withdrawal limits

Deposit limits

Withdrawal limits

£5 – £500,000

£30 – £100,000

The minimum Bitcoin deposit is 0.0005 BTC.

Note: The limits are shown in GBP. Please confirm the equivalent limits that apply to EUR and USD accounts in the Cashier before completing a transaction.

Supported cryptocurrencies

You can use:

  • Bitcoin (BTC)

  • Ethereum (ETH)

  • Litecoin (LTC)

  • Bitcoin Cash (BCH)

  • USD Coin (USDC)

  • Tether (USDT)

Availability may depend on your registered country, account currency and the network selected.

USDT is available on multiple networks, including TRC20 and ERC20.

Before making a cryptocurrency transaction

Always check the following before sending cryptocurrency:

  • The cryptocurrency selected in your wallet matches the cryptocurrency selected in the AlphiBet Cashier.

  • You have selected the correct blockchain network.

  • The wallet address is complete and correct.

  • The amount meets the applicable minimum and maximum limits.

  • Your AlphiBet account has been verified, if requested.

Cryptocurrency transactions usually cannot be cancelled or reversed. Sending funds to the wrong address or through an unsupported network may result in the permanent loss of your funds.

Blockchain network fees may apply. These fees are determined by the network or wallet provider and are outside AlphiBet’s control.

How to buy cryptocurrency

Quick guide

To purchase cryptocurrency, you will need to use an independent cryptocurrency exchange or wallet provider that is available in your region.

  1. Choose a reputable provider that is available in your country.

  2. Create an account and complete any required identity verification.

  3. Purchase a supported cryptocurrency using one of the payment methods offered by the provider.

  4. Keep the cryptocurrency in the provider’s wallet or transfer it to a compatible personal wallet.

Cryptocurrency exchanges and wallet providers are independent third parties. AlphiBet does not control their services, fees or availability.

Never share your password, private key or recovery phrase with anyone.

How to deposit cryptocurrency using Orbital

Steps on all platforms: desktop, iOS App, and Android App

  1. Open the Cashier and select Crypto Deposit.

  2. Choose the cryptocurrency you want to deposit.

  3. Select the correct blockchain network.

  4. Enter the amount you want to deposit.

  5. The Cashier will display a wallet address and QR code.

  6. Open your cryptocurrency wallet or exchange app and select the option to send cryptocurrency.

  7. Choose the same cryptocurrency and network that you selected in the AlphiBet Cashier.

  8. Copy and paste the wallet address or scan the QR code.

  9. Check the wallet address, network and amount carefully.

  10. Confirm the transfer in your wallet or exchange app.

Once the required blockchain confirmations have been completed, the funds will be credited to your AlphiBet account automatically. This usually takes 30–60 minutes.

How to withdraw cryptocurrency using Orbital

Steps on all platforms: desktop, iOS App, and Android App

  1. Open the Cashier and select Withdraw.

  2. Select Cryptocurrency.

  3. Choose the cryptocurrency you want to withdraw.

  4. Select the correct blockchain network.

  5. Enter or paste the destination wallet address.

  6. Enter the amount you want to withdraw.

  7. Check the cryptocurrency, network, wallet address and amount carefully.

  8. Select Withdraw to submit your request.

  9. Complete any security or verification steps displayed.

Your withdrawal will be sent after it has been approved. The time it takes to reach your wallet will depend on the selected blockchain network and the number of confirmations required.

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