Bitcoin Comes to World’s Largest Poker Network
WinPoker.com, on the iPoker network, is adding Bitcoin support for deposits and withdrawals, pokerfuse can exclusively reveal.
It is the first time a poker room on any major online poker network has added first-class Bitcoin support to the cashier.
Deposits can be made by sending BTC directly through the cashier on the WinPoker website to the room’s Bitcoin wallet. As soon as the system receives the funds—typically within ten minutes—the money will be credited to the player’s account.
If players store their wallets on smartphones, depositing can be as simple as scanning a QR code.
Unlike other online poker Bitcoin implementations, the money held on the WinPoker cashier will be converted into the player’s traditional account currency as soon as its received—WinPoker allows accounts in US dollars, UK Sterling, Euro and the Indian Rupee—so the player is not required to speculate on the tumultuous Bitcoin currency exchange market.
To withdrawal, players simply request cashouts direct to their Bitcoin wallet. Withdrawal times are expected to be much the same as traditional withdrawal methods.