If you want to take advantage of the amazing odds and limits available at Cloudbet but don’t have any crypto, don’t worry. Cloudbet made it quick and easy to buy crypto with a card on their new site.
Purchasing crypto using your credit card, virtual, prepaid or debit cards is quick and easy thanks to their new partnership with Moonpay, the leading provider of fiat to crypto purchasing.
There are three account levels available which determine how much crypto you can in a 24 hour or 30-day period, each with different requirements of personal information. Just pick the one that is right for you and you’ll be up and running in no time.
Level 1 – Daily card purchase up to €50 (No ID required)
For credit card purchases of BTC, ETH or BCH under €50 no KYC is required. You can be up and running in minutes, but cannot purchase more than €50 in a 24 hour period or €150 in a 30 day period.
Follow these steps:
- Look for the ‘Buy BTC’ button under ‘My Account’. If your active currency is ETH or BCH you will see that option. Change your active currency to purchase a different coin.
- Select the currency you want to use to make the purchase and the amount you want to buy or spend.
- You’ll see a quote for the transaction based on current price.
- Provide an email address & hit ‘Continue’; You’ll be sent a verification code.
- You’ll now see you a purchase summary including the transaction fee.
- Now choose your payment method & provide the associated details.
- Hit the ‘Buy Now’ button & your done.
Once the transaction is confirmed you’ll receive an email with details of the successful transaction and a link to the transaction hash to monitor confirmation on the blockchain. Once confirmed on the blockchain you’ll receive another email and the funds will appear in your account.
Level 2 – Daily card purchase up to €5,000 (Photo ID required)
You can purchase up to €5,000 per 24 hour period or €20,000 in any month and the process is only slightly longer than above, with the additional requirements of Photo ID. After you provide verification of your email address you’ll be asked to ‘Tell us more about yourself’’.
The process for Level 1 applies (as above) plus the following:
- Provide First/Last Name & D.O.B.
- Provide a Billing Address.
- Choose a form of Photo ID to submit – Passport, Driving License or National Identity document.
- Upload a scan of your ID – follow the instructions & continue.
- Upload a selfie – follow the instructions & continue.
Level 3 – Daily card purchase up €10,000 (Photo ID & Source of Income/Funds)
You can purchase up to €10,000 per 24 hour period or €50,000 in any month but in addition to the processes for Levels 1/2 above, you may be asked for proof of income or source of funds, which is essential to protect you from potential fraud and to follow guidelines for AML.
Buying Crypto with Moonpay – FAQs
Buying crypto with Moonpay is quick and simple, but in case you have some questions about the process Cloudbet pulled together these FAQs:
What types of cards are supported by Moonpay?
You can purchase with a credit card (Visa or Mastercard), debit card, prepaid card or virtual card. What happens if I have a problem with my purchase? After purchasing crypto/fiat, Moonpay sends two emails: the first is a purchase confirmation (receipt), the second provides more detailed information like transaction ID and transaction hash which can be useful to check how many blockchain confirmations this specific transaction has. If you experience any further problems with your purchase you can contact Moonpay or Cloudbet’s customer service (providing the transaction hash). If you are concerned that you didn’t authorize transactions, speak directly to your bank.
Where can I see a record of my purchase?
The first time you deposit with Moonpay you’ll create an account within which you can access your transaction history. You will also receive an email confirmation which acts as a record, and also view the transaction in your Cloudbet account history.
Do I have to add a destination wallet address?
No. This is automatically pulled from your Cloudbet player account.
What currencies are purchases available for?
You buy crypto using AUD, CAD, GBP, EUR, USD, ZAR.
Can I add more than one credit card to purchase with?
You can add as many cards as you want.
Is the Moonpay system available in other languages?
Yes. You can use Moonpay using many languages, just choose from the language drop-down. Please note changing language in Cloudbet won’t change Moonpay language and vice-versa.