Step 1: Choose a Cryptocurrency

At Ruby Wager, we accept various cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC). The most commonly used cryptocurrency for online betting is Bitcoin (BTC), but the choice depends on your preferences.

• Bitcoin (BTC): The most widely accepted cryptocurrency, great for larger transactions and widely recognized for its security and stability.
• Ethereum (ETH): Known for its faster transaction times and lower fees compared to Bitcoin.
• Litecoin (LTC): A faster alternative to Bitcoin, with low transaction fees, making it a solid choice for those looking to transfer smaller amounts.

Step 2: Set Up a Crypto Wallet

To start using cryptocurrency, you'll need to set up a crypto wallet to store and manage your coins. There are two main types of wallets:

1. Hot Wallets: These are connected to the internet and are more accessible for frequent transactions. Examples include apps like Exodus, Trust Wallet, and MetaMask.
2. Cold Wallets: These are offline storage options, often used for added security for long-term storage of your crypto. Examples include hardware wallets like Ledger and Trezor.

For most players, a hot wallet is enough, but if you plan on storing large amounts of crypto for a longer period, a cold wallet is recommended.

Step 3: Buy Cryptocurrency

Once your wallet is set up, you'll need to purchase some crypto to deposit into Ruby Wager. There are several crypto exchanges where you can buy coins, including:

• Coinbase: One of the most popular and beginner-friendly platforms for purchasing Bitcoin, Ethereum, and other major cryptocurrencies.
• Binance: Known for lower fees and a wide selection of cryptocurrencies.
• Kraken: Offers a secure platform for buying, selling, and trading crypto.
• Gemini: A U.S.-based exchange that is secure and easy to use for beginners.

How to Buy Crypto on Coinbase (as an example):

1. Sign Up: Create an account on Coinbase.
2. Verify Your Identity: Provide necessary identification to comply with regulations.
3. Deposit Funds: Link your bank account or credit card to buy crypto with fiat currency.
4. Purchase Cryptocurrency: Choose your desired crypto (e.g., Bitcoin) and buy the amount you want.
5. Transfer to Wallet: After purchasing, transfer the crypto to your personal wallet for safe storage.

Step 4: Deposit Crypto to Ruby Wager

Once you have your cryptocurrency in your wallet, you're ready to deposit it into your Ruby Wager account. Here's how:

1. Log In to Your Account: Head to the deposit section of your Ruby Wager account.
2. Select Your Cryptocurrency: Choose which crypto you'd like to deposit (Bitcoin, Ethereum, Litecoin).
3. Copy the Wallet Address: You will be provided with a unique deposit address (a long string of letters and numbers).
4. Send Crypto to the Address: Go to your wallet, select "Send," and paste the deposit address from Ruby Wager. Enter the amount you want to deposit.
5. Confirm the Transaction: After confirming, your deposit will be processed on the blockchain. It may take a few minutes depending on network traffic.

Step 5: Start Betting!

After your deposit has been confirmed, the funds will appear in your Ruby Wager account, and you can begin placing bets on your favorite sports.

Step 6: Withdraw Crypto

When you're ready to withdraw your winnings, simply follow these steps:

1. Go to the Withdrawal Section: Navigate to the withdrawal area in your Ruby Wager account.
2. Select Your Crypto: Choose which cryptocurrency you'd like to withdraw.
3. Enter Your Wallet Address: Copy your wallet address and paste it into the withdrawal form.
4. Confirm the Withdrawal: After confirming the withdrawal, your funds will be processed and sent to your wallet. Depending on the network, this can take a few minutes to a couple of hours.