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How to Deposit and Withdraw Crypto

Written by Amanda

Depositing and withdrawing crypto on UBET is designed to be fast, secure and straightforward.

This guide explains how to deposit and withdraw using our supported cryptocurrencies.


Depositing Crypto

Step 1 — Open your Wallet

Log in to your UBET account and navigate to Wallet.

Select Deposit.

Choose the cryptocurrency you wish to deposit.

Currently supported:

  • Bitcoin (BTC)

  • Ethereum (ETH)

  • Tether (USDT)

  • USD Coin (USDC)


Step 2 — Select the correct network

After selecting your cryptocurrency, choose the blockchain network you are sending from.

For example:

  • Ethereum (ERC20)

  • Arbitrum

⚡ Some token and network combinations support Instant Deposits. These networks are clearly labelled within the deposit screen.

Important

Always send your crypto using the selected network.

Sending the wrong token or using the wrong blockchain network may result in permanent loss of funds.


Step 3 — Copy your deposit address

Your personal deposit address will now be displayed.

You can either:

  • Copy the address

  • Scan the QR code

For supported cryptocurrencies, this is your permanent deposit address, meaning you can safely reuse it for future deposits using the same token and network.


Step 4 — Send your crypto

Send the funds from your external wallet or exchange to your UBET deposit address.

Please double-check:

  • Wallet address

  • Token

  • Network

before confirming the transaction.


Step 5 — Wait for confirmation

Once your transaction has been confirmed on the blockchain, your balance will automatically update.

If your deposit is completed using an Instant Deposit network, your funds will be credited much faster.

You'll also receive an in-app notification once your deposit has been successfully credited.


Withdrawing Crypto

Step 1 — Open Withdraw

Go to Wallet and select Withdraw.

Choose the cryptocurrency you wish to withdraw.

Only wallets that currently have an available balance will appear.


Step 2 — Enter your withdrawal details

Enter:

  • Withdrawal address

  • Network

  • Withdrawal amount

You'll also see:

  • Available balance

  • Estimated network fee

  • Total amount you'll receive

Please carefully check the wallet address and network before continuing.

Important

Crypto withdrawals cannot be reversed once sent.


Step 3 — Confirm your withdrawal

Select Confirm Withdrawal.

You'll then see a summary of your withdrawal details before submitting your request.


Step 4 — Verify your withdrawal

To protect your account, every crypto withdrawal must be verified.

UBET will send a 6-digit verification code to your registered email address.

Enter this code to confirm your withdrawal.

If you have Google Authenticator (2FA) enabled, you'll also be asked to enter your current authentication code before the withdrawal can be submitted.


Step 5 — Withdrawal processing

Once your verification has been completed successfully, your withdrawal request will be submitted immediately.

Most crypto withdrawals are processed quickly, however processing times can vary depending on:

  • Blockchain network congestion

  • Wallet provider processing

  • Security or compliance reviews (if required)

If your withdrawal is taking longer than expected, please see:

Why is my withdrawal delayed?


Helpful Tips

Keep your wallet address safe

Always copy and paste your wallet address or use the QR code where possible.

Even a single incorrect character will result in funds being sent to the wrong address.


Always choose the correct network

The sending network must exactly match the network selected on UBET.

For example:

✅ USDT → Ethereum (ERC20)

❌ USDT → BEP20

Using the wrong network may result in permanent loss of funds.


Instant Deposits

Where available, Instant Deposits allow your crypto to be credited significantly faster than standard blockchain confirmation times.

Supported networks are clearly labelled throughout the deposit flow.


Can I withdraw using a different network?

Yes.

Once your cryptocurrency has been credited to your UBET wallet, it becomes part of your account balance. You can withdraw using any supported network available for that cryptocurrency, provided you've selected a compatible receiving wallet.

Always ensure the receiving wallet supports the network you've selected before confirming your withdrawal.


Need Help?

If you're experiencing issues depositing or withdrawing, our Support team is available via Live Chat or email and will be happy to assist.

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