You can now use PayPal to transfer cryptocurrencies (Bitcoin, Ethereum, Bitcoin Cash or Litecoin) to and from your Bookmaker account. This service is now available across all U.S. states (with the exception of Hawaii).
- CLICK HERE to create a Paypal Account if you don’t have one yet.
- CLICK HERE if you need information on How to Verify a PayPal account *
*Verifying your account is required to obtain higher transfer limits.
Below is a step-by-step by step guide on using PayPal’s crypto transfer feature. These instructions are based on the mobile version.
DEPOSITING TO BOOKMAKER
For security reasons, at certain points during the processes described below, you may be asked to complete additional ID verification steps. These generally are quick and easy and are only required once per user. |
To get started, you will need to buy some cryptocurrency via your PayPal app. Simply login, then:
- Hit the menu button (three horizontal lines) in the top left corner
- Select Crypto
- Select Buy (at this point you may be asked to agree to T&Cs)
- Choose the type of cryptocurrency you would like to buy
- Enter the dollar amount you would like to spend and hit Next
- Select your payment method and hit Next
- Review the amount and hit Buy Now
Now that you have Crypto available on your PayPal account, it’s time to fund your sports account.
First, go to the BookMaker website since that’s where you will be getting the address to send the funds to.
Just log in to your account and follow these steps:
- Open the Cashier
- Select Deposit
- Select the type of cryptocurrency (remember this must match a cryptocurrency you have available on PayPal)
- Enter the amount to deposit (this must be the exact amount you want to deposit)
- Claim a bonus (optional)
- Hit GET ADDRESS
- Copy this address then return to your PayPal account
Once you are back on the PayPal app, follow these steps:
- Enter the crypto section of your application
- Tap the Send button.
- Choose the coin you want to transfer.
- Paste the receiving address you copied from the Bookmaker cashier, or use the scanner option in the top right corner to scan the QR code directly from the cashier with your phone
IMPORTANT! Be sure to send the same cryptocurrency type as the one you selected in the cashier
|
WITHDRAWING FROM BOOKMAKER TO PAYPAL
- Open your PayPal app.
- Hit the menu button (three horizontal lines) in the top left corner
- Select Crypto
- Select Receive (if this is the first time you are receiving crypto to PayPal you will need to verify your account by scanning your ID and taking a photo of your face)
- Remember PayPal generates a new “Receive” address each time you want to send crypto to your account.
- Choose the type of coin you wish to receive
- Copy the unique address
- We recommend you copy and paste the address directly to avoid mistakes. Neither PayPal nor Bookmaker will be able to recover coins sent to a mistyped address.
Once your receiving address from Paypal has been copied, go to your Bookmaker account:
- Open the Cashier
- Select Withdraw
- Choose the type of cryptocurrency
- Choose the amount
- Paste the Bitcoin address you had copied from your PayPal App
- Hit Verify Withdraw
- Request the code to your mobile phone to confirm the payout
It normally takes only 2-3 hours for your withdrawal to be sent, though it may take up to 48 hours in some rare cases.
|