The real convenience of crypto betting isn’t about the bet itself; it is about how easily you can move funds without freezing or converting them. At 1win, deposits usually land instantly, and withdrawals work the same way.
The process feels seamless from wallet to wager, with the added benefit of anonymity: you can bet without lengthy verification steps. Here’s a step-by-step look at how to get started.
1. Getting Started with Crypto
Before placing a bet, you will need a crypto wallet. It can be a wallet on an exchange (like Binance, Bybit, or OKX) or a private wallet.
At 1win, you’ll find around 10 supported cryptocurrencies, including:
- Stablecoins (like USDT)
- Bitcoin (BTC)
- Ethereum (ETH)
- TON, and other popular coins
💡 Tip: Stablecoins are tied to the value of traditional currencies (usually USD), making them less volatile.
While the minimum deposit is technically around $1, it makes sense to deposit more, as blockchain networks charge transaction fees (from $2 to $10, depending on the network).
2. Depositing Crypto into Your 1win Account
Making a deposit is simple and usually takes no more than two minutes. Here’s how:
- Log in to your 1win account.
- Go to the Deposit section.
- Select Cryptocurrency as your payment method.
- Choose the coin you want to use (e.g., USDT, BTC, ETH) and select the network (ERC20, TRC20, BEP20, etc.).
⚠️ The network you choose on 1win must match the network you use in your wallet, otherwise the funds won’t arrive.
- Copy the wallet address provided or scan the QR code with your wallet app.
- Enter the amount you want to deposit and confirm the transaction in your wallet.
Funds will appear in your account within about two minutes.
⚠️ 1win does not charge deposit fees. However, blockchain networks always apply their own transaction fee.
3. Placing a Bet on a Fight
Once you have topped up the balance, you are ready to place bets.
- Open the Sports section of 1win.
- Use the search bar to quickly find the fight you want (for example, enter “Canelo”).
- Choose the event and outcome you prefer.
- Enter your stake and confirm the bet.
By default, deposits automatically convert to the player’s local account currency. For example, if you deposit USDT, it will be reflected in your account in your chosen currency (e.g., INR, EUR, USD).
4. Withdrawing Your Winnings
Cashing out in crypto is fast and straightforward:
- Go to your Profile and click Withdraw.
- Select the same cryptocurrency you deposited with.
- Enter your wallet address and the amount you’d like to withdraw.
- Confirm the transaction.
Withdrawal limits usually range from $15 up to $10 million (depending on the coin and network). The platform processes funds quickly, typically within minutes.
5. Security and Anonymity
- No KYC for crypto users: Players depositing and withdrawing in crypto usually don’t need to pass KYC, except in rare, suspicious cases.
- Anonymity: 1win does not request detailed personal data for crypto deposits. You can play using just an email address.
- Safety tips: Always double-check that you’re sending funds to the correct wallet address to avoid mistakes.
6. Bonuses and Advantages of Using Crypto
Using crypto doesn’t just mean speed and convenience. It also unlocks extra rewards.
- Welcome package: New players who register after August 15, 2025, can access up to 600% in bonuses plus 500 free spins if their main account is set to crypto. For other currencies, the package goes up to 500% plus 500 free spins.
- The bonus spreads across the first four deposits. For crypto accounts, the structure looks like this:
- 1st deposit – +130% and 70 free spins
- 2nd deposit – +140% and 100 free spins
- 3rd deposit – +160% and 150 free spins
- 4th deposit – +170% and 180 free spins
- Event-specific perks: For major fights, 1win often offers boosted coefficients that can be combined with the standard bonus package.
- Convenience factor: Crypto deposits mean you don’t need to deal with bank approvals or exchange rates. If you already earn or hold funds in crypto, you can start betting straight from your wallet.
In some countries, like India, there’s the added benefit of not paying extra taxes that typically apply to fiat-based transactions.
Final Thoughts
Using crypto at 1win is fast, secure, and flexible. Deposits take just a couple of minutes, withdrawals are smooth, and you can enjoy full bonuses and special event promos. Whether you’re betting on a big fight like Canelo’s or exploring other sports, crypto gives you more freedom and fewer limits.
And speaking of big fights — Saúl “Canelo” Álvarez steps into the ring on September 13th. At 1win, players will find a boosted coefficient of 1.75 for Canelo’s win, which can be combined with the welcome bonus for crypto users.
Source: https://www.thecoinrepublic.com/2025/09/12/how-to-bet-on-1win-using-crypto/