Funding your GoWagr wallet with crypto (USDT) is fast, secure, and convenient. You can deposit USDT in your wallet from anywhere in the world, as long as crypto trading is available in your country.
USDT, also known as Tether, is a type of cryptocurrency called a stablecoin. Unlike other cryptocurrencies like Bitcoin or Ethereum that can change frequently, USDT is tied to the US dollar. This means 1 USDT is almost always worth about 1 US dollar.
People use USDT to:
- Buy and sell other cryptocurrencies without worrying about big price changes.
- Send money quickly and cheaply across the world.
- Hold money in a digital form without losing value due to market ups and downs.
Think of USDT like digital dollars you can use online. Since its value is stable, it’s a popular choice for beginners who want to explore cryptocurrency without the risk of losing money due to price swings.
Where Can I Buy Crypto (USDT)?
If you don’t have USDT, here are two popular platforms where you can buy it:
1. Binance
- Download the Binance app via the App Store or Google Play Store.
- Create an account and complete the KYC process to verify your account.
- Tap “Deposit Crypto” on the Binance app dashboard and select Tether US from the dropdown menu.
- Enter the amount of USD you want to spend to buy USDT, choose your preferred payment method (VISA or Master card), and complete the purchase.
- Upon successful purchase, tap “Send” from your home screen to send the USDT to your GoWagr wallet using the wallet address and network (BEP20) from GoWagr.
Learn more about buying TetherUS (USDT) on Binance.
2. ByBit
- Download the Bybit App via App Store or Google Play Store.
- Register and verify your account, or log in to your Bybit account if you’re an existing user.
- Tap on “Buy Crypto” and select USDT from the menu. There are three methods to buy USDT on ByBit. You can use your debit card, trade USDT using other cryptocurrencies, or buy via P2P exchange.
- To use your debit/credit card, you’ll be required to save it on your account. After you’ve saved your card, enter the amount you want to spend to buy USDT, verify the payment, and wait for the transaction to be completed.
- For the trade USDT option, simply select and exchange any other cryptocurrency or fiat you have for USDT, on the market.
- Lastly for the P2P Exchange method, you can convert your fiat (local) currency to USDT directly from a seller at an agreed-upon price.
- After purchasing USDT using any of the methods above, send the USDT to your GoWagr wallet using the copied wallet address and network (BEP20).
Learn more about how to buy Tether (USDT) on ByBit.
How to Fund Your GoWagr Wallet
Step 1: Access your wallet
- From your GoWagr app dashboard tap the “Go to Wallet” button.
- Alternatively, tap the menu at the bottom of the screen and select “Wallet” from the options.
Step 2: Confirm your country
- Before adding funds, confirm your country reflected is correct. This step ensures the correct deposit options are available based on your location.
Step 3: Add funds
- Tap the “Add Funds” button once your country is selected to proceed with funding your wallet.
Step 4: Choose “Fund with USDT”
- From the available funding methods, select “Fund with USDT.”
- This option will generate your unique wallet address assigned specifically to you.
Step 5: Send USDT to your wallet address
- Copy the wallet address displayed on your GoWagr app to send USDT from your external crypto wallet (like Binance, Bybit, Yellowcard, etc.).
- Alternatively, you can scan the QR code provided to fund your GoWagr wallet directly.
Note: To ensure your deposit is successful please ensure you are sending only USDT and using the BEP20 network. No other cryptocurrencies are accepted at this time. Do not attempt to send Bitcoin, Ethereum, or any other cryptocurrencies because your transaction will be unsuccessful.
Generally, you can buy USDT on any crypto trading platform available in your country. Simply follow the steps provided by the platform, and use the wallet address provided by GoWagr to fund your GoWagr wallet with USDT.
Why Deposit Crypto (USDT)?
Depositing crypto offers several advantages:
- Faster transactions: Crypto deposits are typically processed quickly, this allows you to start trading without delays.
- Global accessibility: No matter where you are, you can fund your wallet seamlessly without the restrictions of traditional banking systems.
- Secure payments: Using USDT ensures stable value and secure transfers, minimizing risks associated with currency fluctuations.
Can I Withdraw with Crypto?
At the moment, withdrawals via crypto are not supported. You can only withdraw through traditional banking options based on your selected country.
What If Something Goes Wrong?
If you encounter issues such as:
- Delayed transactions: Double-check your transaction status on the blockchain and ensure the correct address was used.
- Wrong amount sent: Contact GoWagr support with your transaction ID for assistance.
- Accidental transfers: Unfortunately, crypto transactions are irreversible. Always verify the wallet address and network before sending funds.
For urgent support, reach out to us through the Help Center in the GoWagr app or contact our support team.
Love,
Team GoWagr!
