how the payment system and the room set up transactions …

how the payment system and the room set up transactions …

Last week, partypoker delighted players with the ability to make deposits in cryptocurrency. The scheme involves the MuchBetter payment system, with which partypoker actively cooperates. So that you can appreciate the convenience of this scheme and figure out how to use it, we have collected in this article all the necessary information on the payment system and its interaction with partypoker.

In which rooms can MuchBetter be used?

As of May 22, 2021, the payment system is available only in four rooms:

Apart from VBet Poker, each of them does not have a cryptocurrency deposit, so MuchBetter can be a good guide for this account replenishment option.

MuchBetter account: registration instructions and functionality

You can register in the system through the website or mobile payment application for Android and iOS.

How to create an account MuchBetter instructions

Step 1. Enter your phone number and access code. On them you will enter the application. Also select the account currency – it will be impossible to change it later.

Step 2. Fill in your personal data. You need to provide real name and surname, email, date of birth and residential address. Be sure to indicate the address that you can later confirm with documents in your name.

Functionality and verification in MuchBetter

The payment functionality is simple – on the main page, users can replenish their account (Top up), make a withdrawal (Withdraw) or transfer funds to another person (P2P). Here you can also go through verification – without it, withdrawal of money is not available, the total account limit for operations is ₽19,980 (~ $ 270), after that – up to $ 140K per year. The final limits depend on how much information you have confirmed and what your need for financial turnover is.

To confirm your identity, you need to scan through the MuchBetter application to choose from: a citizen’s passport, international passport, driver’s license or ID card. Here, many users have to suffer, as the application does not cope well with capturing passport pages flickering in the light. If suddenly you cannot scan documents, you can write to the live chat on the site.

Russians can replenish their account only with a bank card or cryptocurrency. When replenishing with a card, it will be necessary to choose whether you are making a replenishment for gaming purposes or for non-gaming purposes. Accordingly, if your bank or card payment system does not allow making deposits for gaming purposes, then the amount deposited with their help will be unavailable for a deposit in the room in the future.

Of the cryptocurrencies, MuchBetter works with BTC, ETH, LTC and XRP, when you deposit them, you do not need to choose the purpose of the money. After the deposit, the cryptocurrency is automatically converted to fiat currency through a partner payment provider. It only conducts transactions in euros, so your token will be converted into euros, and only then euros into your account currency, if it is different.

How to fund your partypoker account with cryptocurrency

Funding an account in a poker room with fiat and crypto goes according to the same scheme – first you make a deposit to a payment account or a P2P transfer for gaming purposes in the desired currency, and then fund your partypoker account using MuchBetter.

Step 1. Make a deposit with MuchBetter in a suitable cryptocurrency. For this:

  • Click on the main application “Top up”;
  • Specify the amount of replenishment and click on +;
  • Choose a method of depositing CRYPTO;
  • Select the required cryptocurrency;
  • Copy the top-up amount and address into your crypto wallet and confirm the transfer. You will be given 10 minutes for the procedure, after which the fiat-to-cryptocurrency transfer rate will be updated.

Step 2. Find MuchBetter at the partypoker checkout. To do this, open the Cashier of the room and go to the Deposit section.

Step 3. Make a deposit at partypoker. To do this, enter the amount of replenishment from MuchBetter in the currency of the payment account and the phone number to which the wallet is linked. Click on the green Deposit button and wait for the funds to be credited to your account in the room.

In the near future, it will be possible to make deposits in cryptocurrency to your partypoker account through LUXONPAY – follow the Pokeroff news on the website and in Telegram channels, so as not to miss the announcement.

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