Marc ChénierSenior iGaming Analyst · Montréal, QuebecPublished 18 August 2026 · Updated 18 August 2026
Bets.io does not accept Canadian dollars, Interac, Visa, Mastercard or bank transfer. Every deposit is in cryptocurrency, which means a Canadian player pays a conversion cost before the first spin — and pays a second one on the way back out. Most reviews describe the deposit as fee-free, which is true of the platform and untrue of the transaction.
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What Bets.io accepts — and what it doesn't
Twenty-four cryptocurrencies are accepted for deposit. Ten can be withdrawn. That asymmetry is the single most consequential fact on this page, because a player who funds an account in a deposit-only coin discovers the restriction at cashout rather than at deposit.
| Coin | Deposit | Withdraw |
|---|---|---|
| Bitcoin (BTC) | Yes | Yes |
| Ethereum (ETH) | Yes | Yes |
| Tether (USDT) | Yes | Yes |
| Litecoin (LTC) | Yes | Yes |
| Dogecoin (DOGE) | Yes | Yes |
| Ripple (XRP) | Yes | Yes |
| Tron (TRX) | Yes | Yes |
| Binance Coin (BNB) | Yes | Yes |
| Cardano (ADA) | Yes | Yes |
| Solana (SOL) | Yes | Yes |
| USD Coin (USDC) | Yes | No |
| Bitcoin Cash (BCH) | Yes | No |
| Polygon (MATIC) | Yes | No |
| Avalanche (AVAX) | Yes | No |
| Shiba Inu (SHIB) | Yes | No |
| Stellar (XLM) | Yes | No |
| Polkadot (DOT) | Yes | No |
| Dai (DAI) | Yes | No |
| Chainlink (LINK) | Yes | No |
| ApeCoin (APE) | Yes | No |
| Monero (XMR) | Yes | No |
| Dash (DASH) | Yes | No |
| Ethereum Classic (ETC) | Yes | No |
| EOS | Yes | No |
Not accepted at all: Interac e-Transfer, Visa, Mastercard, bank transfer and PayPal. The published coin counts vary — CCN and Webopedia state twelve, Casino Guru thirteen, casino.band twenty-four — because some sources count only the coins that work in both directions while others count everything the cashier will accept.
The mitigating detail. The account wallet converts internally across a reported 560-plus assets, so a deposit in a payout-restricted coin is not stranded. It can be converted inside the account and withdrawn in a supported coin. This costs a conversion step rather than the balance, but it is an extra step players are rarely told about in advance.
The Canadian route: from CAD to a funded balance
Two routes exist between a Canadian bank account and a Bets.io balance. They differ in cost, speed and how much verification each requires.
Route A: through a cryptocurrency exchange
This is the cheaper route and the slower one to set up, because it requires an exchange account with its own identity verification. Exchange selection turns on three practical criteria: whether Interac funding is supported, what the coin withdrawal fee is, and whether inexpensive networks such as TRC-20 are available. Coin withdrawal fees vary widely between platforms and are frequently a larger cost than the trading fee itself.
Network selection is the one irreversible decision in this process. USDT exists on multiple networks. Sending USDT over the ERC-20 network to a TRC-20 deposit address, or the reverse, sends the funds to an address that does not exist on the receiving chain. There is no recovery mechanism, no chargeback, and no action the operator's support team can take. The network selected at the exchange must match the network shown on the Bets.io deposit address, every time, without exception.
Route B: buying inside the cashier
Bets.io integrates a third-party purchase service through MoonPay, accepting Visa, Mastercard, Skrill, Neteller and Revolut. It removes the exchange account from the path. What it adds is covered in its own section below.
What a deposit actually costs a Canadian
Bets.io charges no platform fee on deposits or withdrawals, and that statement is accurate. It is also incomplete. A Canadian player converting CAD into a playable balance pays an exchange spread on purchase, a coin withdrawal fee at the exchange, and a blockchain network fee on the transfer. Converting winnings back adds a second spread. None of this money goes to the casino, and all of it leaves the player.
Cost of a C$200 deposit by coin and network
Computed from the parameters stated in this section: a 1.2–1.5% exchange spread, the exchange coin-withdrawal fee, and the blockchain network fee for each route. Round trip assumes the same coin, network and spread on the way back out. Rates and network fees move constantly.
| Coin and network | Reaches the balance | Cost of entry | Round trip cost | Effective rate |
|---|---|---|---|---|
| USDT on TRC-20 | C$196.30 | C$3.70 | C$7.34 | 3.7% |
| Solana (SOL) | C$196.45 | C$3.55 | C$7.05 | 3.5% |
| Litecoin (LTC) | C$195.40 | C$4.60 | C$9.14 | 4.6% |
| Bitcoin (BTC) | C$194.20 | C$5.80 | C$11.53 | 5.8% |
| USDT on ERC-20 | C$190.40 | C$9.60 | C$19.06 | 9.5% |
The same C$200 in the same coin costs roughly two and a half times more over ERC-20 than over TRC-20. Network choice, not casino policy, is the dominant variable.
| Deposit | Reaches the balance | Cost of entry | Round trip cost | Effective rate |
|---|---|---|---|---|
| C$50 | C$48.55 | C$1.45 | C$2.87 | 5.7% |
| C$200 | C$196.30 | C$3.70 | C$7.35 | 3.7% |
| C$1,000 | C$984.30 | C$15.70 | C$31.25 | 3.1% |
Three observations follow from the shape of those numbers. Fixed costs — the exchange withdrawal fee and the network fee — do not scale with the deposit, so small deposits carry a disproportionately higher percentage cost. Network choice dominates the variable cost: the same USDT deposit routed over ERC-20 rather than TRC-20 can cost several dollars more in network fees alone. And the round trip is what matters, because money that enters as crypto also has to leave as crypto.
This is structural, not a hidden charge. No part of the conversion cost is levied by Bets.io, and nothing in the process is concealed. It is simply the price of using a crypto-only operator from a country whose payment infrastructure runs on Interac and Canadian dollars. An operator registered with iGaming Ontario that accepts Interac carries none of this cost; that trade-off is the substance of the Canadian assessment on the main review.
Minimums and coin selection
Published minimums disagree, in a pattern that reflects different measurement points rather than a change in policy. CCN records 20 USDT, casino.ca records 0.00006 BTC, Webopedia describes roughly €20 or the equivalent. Those figures are broadly compatible at prevailing rates.
| Coin | Network | Typical minimum | Typical confirmation | Withdrawable |
|---|---|---|---|---|
| USDT | TRC-20 | ~20 USDT | 1–3 minutes | Yes |
| USDT | ERC-20 | ~20 USDT | 2–5 minutes | Yes |
| Bitcoin | BTC | 0.00006 BTC | 10–30 minutes per confirmation | Yes |
| Litecoin | LTC | ~0.2 LTC | 2–5 minutes | Yes |
| Solana | SOL | Equivalent of ~20 USDT | Under 1 minute | Yes |
| USD Coin | Various | Equivalent of ~20 USDT | 2–5 minutes | Deposit only |
The bonus minimum and the cashier minimum are not the same number. A deposit can clear the cashier's technical floor and still fall short of the amount required to qualify for the welcome offer. This is a routine cause of a bonus failing to appear, and it is not a fault. Qualifying thresholds sit on the bonus page.
Coin selection should account for the exit as well as the entry. Bitcoin withdrawals are capped at 0.1 BTC per transaction, and a player intending to move large sums will meet that ceiling on the way out. Depositing in the coin intended for withdrawal avoids an internal conversion later. Details of the payout side sit on the withdrawal page.
Cashier sequence for a first deposit
- Enter the bonus code first, if one is being claimedCodes apply prospectively. Entering BETSFTD after a deposit has settled does not apply it retrospectively, and this is the most common reason a welcome bonus fails to credit.
- Open the cashier and select DepositThe control sits in the header on desktop and in the bottom navigation bar on mobile.
- Select the coin and the networkWhere a coin runs on multiple networks, the cashier displays the network alongside the address. That network — not a different one — is what the sending platform must be set to.
- Copy the deposit address, never retype itAddresses are long and case-sensitive. Copy, paste, then confirm that the first four and last four characters match what the cashier displays. Clipboard-hijacking malware substitutes addresses at exactly this point, and the check catches it.
- Send from the exchange or walletConfirm the network on the sending side matches the receiving network before authorising.
- Wait for network confirmationsCrediting follows blockchain confirmation rather than transmission. Solana and TRC-20 settle in seconds to a couple of minutes; Bitcoin can take considerably longer during congestion.
Buying crypto inside Bets.io
The cashier's Buy Crypto section routes through MoonPay, a third-party processor accepting Visa, Mastercard, Skrill, Neteller and Revolut. A minimum purchase of 30 USD applies, with a 5 USD minimum to fund the wallet.
Route A — exchange
- Cost: lower — exchange spread plus network fee
- Speed: slower to set up, fast thereafter
- Verification: exchange identity check, done once
- Suits: anyone depositing more than occasionally
Route B — in-cashier purchase
- Cost: materially higher — CCN's tester described it as reliable "but at a steep cost"
- Speed: immediate, no external account required
- Verification: a separate identity check at the payment processor
- Suits: one-off deposits where convenience outweighs price
A paradox worth naming. The in-cashier purchase route requires identity verification at the payment processor before any money moves. A player who selected a crypto-only casino specifically to defer verification therefore completes a verification process on the way in — earlier than they would have on the exchange route, and earlier than the operator's own €2,000 withdrawal threshold would have required.
Deposits that fail to credit
| Symptom | Cause | Action |
|---|---|---|
| Transaction sent, balance unchanged after minutes | Awaiting network confirmations | Check the transaction on a public block explorer. Until it confirms, nothing can be done at the casino end |
| Confirmed on-chain, not credited | Sent to a stale address, or the address belongs to another account | Open a support ticket with the transaction hash, timestamp, amount and sending address |
| Sent on the wrong network | Network mismatch between sender and deposit address | Generally unrecoverable. The operator cannot access funds on a chain where the address does not exist. Reporting it costs nothing but expectations should be low |
| Coin requires a memo or tag and none was sent | Some networks route by memo as well as address | Support can sometimes reconcile these. Supply the hash immediately |
| Bonus absent after a qualifying deposit | Code entered after the deposit, or minimum not met | Contact support before playing the deposit through; retrospective application is not guaranteed |
What to attach to any deposit ticket. The transaction hash, a block-explorer link showing confirmation, the sending address, the exact amount, the network used, and the time. A ticket carrying all six is investigated. A ticket saying the deposit did not arrive is not.
Before depositing. Bets.io accepts cryptocurrency only, holds a tier-three Anjouan licence, and is not registered with iGaming Ontario. Conversion costs apply on both legs and are not charged by the operator. Gambling involves financial risk and can become harmful. Players must be 19 or older, or 18 in Alberta, Manitoba and Quebec.
Support: ConnexOntario 1-866-531-2600 · Canadian Centre for Addictions 1-855-499-9446
Funding questions, answered
Does Bets.io accept Interac or Canadian dollars?
No. There is no CAD balance, no Interac deposit and no Interac withdrawal, and no Visa, Mastercard or bank transfer either. Deposits are cryptocurrency only, so Canadian players convert CAD to crypto before funding an account and convert back afterwards.
What is the minimum deposit at Bets.io?
Roughly 20 USDT or the equivalent. CCN records 20 USDT, casino.ca records 0.00006 BTC and Webopedia describes approximately €20 — figures that are broadly consistent at prevailing rates. The amount required to qualify for the welcome bonus may be higher than the cashier's technical minimum.
Which cryptocurrency is cheapest to deposit with?
USDT on the TRC-20 network is typically the lowest-cost option, with network fees measured in cents and settlement in a couple of minutes. The same coin sent over ERC-20 can cost several dollars more for an identical transfer. Solana is also inexpensive and settles quickly. Bitcoin carries the highest network cost and the longest confirmation time.
How much does it cost to move CAD into Bets.io?
Bets.io charges nothing, but the conversion does. At typical settings — a 1.5% exchange spread, a small coin-withdrawal fee and a TRC-20 network fee — a C$200 deposit lands as roughly C$196 on the balance. The round trip, converting back to CAD afterwards, costs around 3.7% of that amount. Smaller deposits carry a higher percentage cost because the fixed fees do not scale.
Can I deposit with a credit card?
Not directly into the casino balance. The cashier's Buy Crypto section routes card payments through MoonPay, which converts to cryptocurrency first. A minimum purchase of 30 USD applies, the rate is materially worse than an exchange, and the processor runs its own identity verification — so the card route involves more verification than the exchange route, not less.
How long does a Bets.io deposit take to arrive?
Crediting follows blockchain confirmation, not transmission. USDT on TRC-20 and Solana typically settle within one to three minutes. Litecoin takes a few minutes. Bitcoin is the slowest, at roughly ten to thirty minutes per confirmation and longer during network congestion, which is why claims of instant deposits describe the fastest coins rather than all of them.
I sent crypto on the wrong network — can I get it back?
Generally not. Sending a coin over a network on which the destination address does not exist places the funds outside the operator's control, and no support team can reverse a blockchain transaction. Reporting it with the transaction hash costs nothing and occasionally helps in borderline cases involving memo-based networks, but the realistic expectation is that the funds are lost.
Do I have to enter the bonus code before depositing?
Yes. Codes apply prospectively only. Entering BETSFTD after a deposit has settled does not apply the bonus retrospectively, and this is the most frequent reason a welcome offer fails to credit.