Can I use cryptocurrency to deposit on Hollywoodbets?

Short Answer: Yes, you can use cryptocurrency to deposit on Hollywoodbets through the Pay with Crypto method. However, you must be completely FICA verified to use this option, and the crypto is converted to Rand before it reaches your account.

You do not need to hold crypto on the platform, as Hollywoodbets does not directly receive any cryptocurrency.

1. How the Crypto Conversion Works

When you deposit using Pay with Crypto, the Rand equivalent of your chosen cryptocurrency is calculated and credited to your betting account. Hollywoodbets acts purely as a Rand betting platform. You will need to use one of the approved crypto wallets to initiate the transaction, and the amount must meet the specific minimum and maximum limits for this method.

2. Wagering and Security Rules

The entire amount deposited through crypto must be fully wagered with Hollywoodbets before you can withdraw. It is your sole responsibility to secure your crypto wallet and your Hollywoodbets betting account. Hollywoodbets will not be liable for any chargeback requests related to Pay with Crypto transactions under any circumstances, and deposits are not permitted until FICA verification is complete.