CoinPoker Crypto Guide — BTC, ETH, USDT & CHP
CoinPoker is a crypto-only poker platform — no fiat deposits or withdrawals are available. This guide walks through every supported cryptocurrency, how to set up a wallet if you are new to crypto, deposit and withdrawal mechanics, and what makes CoinPoker's blockchain-based system different from traditional poker sites. Whether you already hold BTC or have never purchased crypto before, this page covers everything you need to start playing.
iGaming Journalist & Crypto Casino Analyst
Former online poker professional turned iGaming journalist. 10+ years covering crypto casinos, sports betting, and online poker.
Supported Cryptocurrencies
CoinPoker accepts four cryptocurrencies. All deposits are credited instantly after blockchain confirmation, and all withdrawals are processed without manual review delays. There are no fiat currency options.
| Currency | Network | Deposit Speed | Min Withdrawal |
|---|---|---|---|
| Bitcoin (BTC) | Bitcoin mainnet | Instant after 1 confirmation (~10-30 min) | ~0.001 BTC |
| Ethereum (ETH) | Ethereum mainnet | Instant after confirmation (~2-5 min) | ~0.01 ETH |
| Tether (USDT) | ERC-20 / TRC-20 | Instant after confirmation (~2-5 min) | ~10 USDT |
| CHP Token | Ethereum (ERC-20) | Instant after confirmation (~2-5 min) | Varies |
Bitcoin (BTC)
Most widely held crypto. Higher network fees during congestion. Best for larger transactions where the flat fee is a smaller percentage of the total.
Ethereum (ETH)
Faster confirmations than Bitcoin. Gas fees vary with network demand. Good balance of speed and mainstream availability.
Tether (USDT)
Stablecoin pegged 1:1 to USD. No price volatility between deposit and play. Recommended for players who want dollar-denominated balances without conversion risk.
CHP Token
CoinPoker's native utility token. Used for buy-ins and rewards. No longer required for Infused Splash Pot eligibility since April 2026. Available on Uniswap and other DEXs.
Understanding Each Crypto Option
Bitcoin (BTC) — The Original
Bitcoin is the most widely held cryptocurrency and the most familiar to new users. Depositing BTC at CoinPoker requires one blockchain confirmation, which typically takes 10 to 30 minutes depending on network congestion. Bitcoin's transaction fees are higher than other options, so it works best for larger deposits where the fee represents a smaller percentage of the total amount. If you already hold BTC in a wallet or on an exchange, it is the most straightforward deposit method.
Ethereum (ETH) — Faster Confirmations
Ethereum offers faster confirmation times than Bitcoin, typically 2 to 5 minutes for a deposit to credit. Gas fees on Ethereum fluctuate with network demand but are generally lower than Bitcoin fees for standard transfers. ETH is a strong choice for players who want a balance between transaction speed and mainstream availability. CoinPoker processes ETH withdrawals instantly on their side.
Tether (USDT) — Best for Stability
USDT is a stablecoin pegged 1:1 to the US dollar, which eliminates the price volatility that affects BTC and ETH. When you deposit $500 in USDT, your CoinPoker balance reflects exactly $500 regardless of what the broader crypto market does during your session. For players who want to avoid tracking crypto price movements while they play poker, USDT is the recommended choice. CoinPoker supports USDT on both the ERC-20 (Ethereum) and TRC-20 (Tron) networks.
CHP Token — CoinPoker's Native Currency
CHP is CoinPoker's own utility token, built on Ethereum as an ERC-20 token. It can be used for tournament buy-ins, cash game stakes, and rake payments. CHP is available on decentralized exchanges like Uniswap. An important change occurred in April 2026: holding CHP is no longer required to be eligible for Infused Splash Pots. Previously, players needed CHP in their account to qualify for random pot bonuses at cash game tables. Now all players at qualifying tables are included automatically, regardless of whether they hold CHP. The token remains useful for earning additional rewards but is entirely optional for standard play.
Wallet Setup for New Crypto Users
If you have never used cryptocurrency before, the process is simpler than it appears. Follow these four steps to go from zero crypto experience to playing at CoinPoker.
Choose a Wallet
For beginners, a mobile wallet like Trust Wallet or Coinbase Wallet offers the simplest setup. Hardware wallets like Ledger or Trezor provide stronger security for larger balances. Any wallet that supports BTC, ETH, or ERC-20 tokens will work with CoinPoker.
Buy Crypto on an Exchange
Purchase BTC, ETH, or USDT on an exchange such as Coinbase, Kraken, or Binance using a bank transfer or debit card. USDT is recommended for new players because its dollar peg eliminates price volatility between purchase and deposit.
Send Crypto to Your Wallet
Transfer the purchased crypto from the exchange to your personal wallet. Double-check the wallet address before confirming. Exchanges typically charge a small withdrawal fee. Once confirmed on the blockchain, the funds appear in your wallet.
Deposit to CoinPoker
Log in to CoinPoker, open the Cashier, and select your currency. Copy the deposit address CoinPoker provides, then send funds from your wallet to that address. After blockchain confirmation, the balance appears in your CoinPoker account instantly.
Important: Always double-check wallet addresses before sending crypto. Blockchain transactions are irreversible — sending funds to the wrong address means permanent loss. Copy and paste addresses rather than typing them manually, and verify the first and last several characters match.
Deposits and Withdrawals Explained
How Deposits Work
CoinPoker generates a unique deposit address for each currency in your account cashier. Copy that address, open your wallet or exchange, and send funds to it. Once the blockchain confirms the transaction, CoinPoker credits your account instantly. There is no minimum deposit amount, though very small transactions may not be practical given blockchain network fees.
Deposits do not require KYC verification. CoinPoker does not ask for identity documents during registration or for standard deposit amounts. This is one of the key differences from traditional poker sites, where identity verification and bank-linked funding methods create friction for new players.
How Withdrawals Work
CoinPoker processes withdrawal requests instantly — there is no manual review queue, no 24-to-72-hour processing window, and no business-day restrictions. When you request a withdrawal, CoinPoker sends the transaction to the blockchain immediately. The funds arrive in your wallet after blockchain confirmation, which takes the same time as deposits: roughly 10-30 minutes for BTC and 2-5 minutes for ETH and USDT.
The minimum withdrawal is approximately 0.001 BTC for Bitcoin, 0.01 ETH for Ethereum, and 10 USDT for Tether. KYC may be requested for unusually large withdrawal amounts, but the threshold is high enough that most recreational and mid-stakes players will never encounter it.
No Fiat, No Chargebacks, No Delays
Because CoinPoker operates exclusively on crypto, the platform avoids the problems that plague fiat poker sites: chargeback disputes, bank blocks on gambling transactions, and multi-day processing holds. The crypto-only model means faster deposits, faster withdrawals, and no risk of your bank declining a poker-related transaction. For players in regions where banks routinely block online poker deposits, CoinPoker's crypto model removes that obstacle entirely.
Security and Provably Fair RNG
CoinPoker was founded in 2017 and rebuilt from the ground up in March 2026 with a modernized platform and enhanced security infrastructure. The site operates under a Curacao gaming license, providing regulatory oversight for player protection and fair play standards.
The platform uses a blockchain-based random number generator (RNG) that is provably fair. Unlike traditional poker sites where players must trust the operator's claim of fairness, CoinPoker's system allows anyone to verify the integrity of each hand after it concludes. The RNG draws randomness from multiple independent sources, and no single party — including CoinPoker — can predict or manipulate the card distribution. This transparency is a fundamental advantage of blockchain-based poker over conventional platforms.
For a detailed breakdown of CoinPoker's security architecture, encryption protocols, and how the provably fair system works at a technical level, see our CoinPoker security review.
Ready to Play Crypto Poker?
Deposit with BTC, ETH, USDT, or CHP and start playing instantly. No fiat required, no KYC for registration, and instant withdrawals.
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