CEX.IO Deposit Guide

CEX.io is an “all-inclusive” exchange where you can buy Bitcoin, deposit to your sports book account and withdraw back to CEX.io and finally to your bank account. The set-up and verification process take about 30 minutes and once it’s done, you’ll be able to make your deposits quickly and safely anytime you want.

Create your CEX.IO Account

To open a CEX.IO account, you have to access to their website: https://cex.io/. Hit Register button and follow these steps:

  1. Fill out your details
  2. Hit Proceed on the next screen
  3. An email confirmation link will be sent to you
  4. Open the email and either press Confirm, or copy the code at the bottom and return to the CEX.io page to paste the code.
  5. Once your email is confirmed, press Proceed.
  6. You will be asked for a phone verification. Hit Confirm and chose SMS or Call.

If the code is not sent within 30 seconds, hit SMS/Call not Received to request a new code.

  1. Enter the Code that was sent to you on your phone and hit OK.

Identity Verification

  1. Hit the START VERIFICATION button
  2. Hit the Identity Verification box
  3. Select Ok, let’s go.
  4. Hit Country of Residence, and confirm your country
  5. Hit Proof of identity document, and select the document type
  6. You can then choose the upload photos using your mobile phone or through a form on the website
  7. Follow the instructions to attach photos of the front and back of your ID and a selfie of you holding your ID.
  8. Fill out your real name
  9. Enter your nationality and date of birth
  10. Enter the ID issue and expiration dates.It can take up to 30 minutes for your ID to be verified. Once it’s done, you’ll get an email confirming the verification completion. You can verify address and other information for increased limits and access to bigger benefits at CEX.IO. This is all optional.

Buying Bitcoin

After you have completed your verification, you are ready to buy bitcoin.

  1. Go to Cards at the top of the CEX.IO page. If you are still on the verification screen, hit Exit Verification first.

By Default, the site gives you credit cards as the only option. If you want to use bank transfers instead, press the green Deposit tab on the right.

We do recommend using a card since the payment will be processed in just minutes. To use bank transfers, you’ll need to complete further verification, plus these take a lot longer (around 1-5 business days) to be completed.

  1. Enter the card details (Card Number, Name and Expiration Date)
  2. Hit Proceed

On the next screen:

  1. Upload a photo of yourself holding the card.
  2. Hit proceed.

Verification normally takes 5 minutes, if it takes longer, please be patient and wait for the email to be sent.

Once the verification is complete:

  1. Go to Buy/Sell at the top of CEX.IO page. If you are still on the verification screen, hit Exit Verification
  2. Choose the type of cryptocurrency you want to buy.
  3. Choose the currency you want to use.
  4. Select the amount and hit
  5. On the next screen, check all the details carefully and select Buy Now to finalize the purchase.

Depositing to your preferred Sports Book Account

Once you have Bitcoin available on your CEX.IO account, you’re ready to fund your sports account.

You will first need an address to send your funds to, this address is provided by your sportsbook account. Follow these instructions:

  1. Log in to your account.
  2. Open the Cashier
  3. Select Deposit
  4. Select Bitcoin
  5. Enter the amount to deposit (must be the exact amount you want to deposit)
  6. Click on Request Address
  7. You will now need to copy this address. Please DO NOT type the address by hand. Always use the copy-paste feature!

Return to CEX.IO and hit the blue WITHDRAW tab on the right side of your screen:

Now follow these steps:

  1. Paste the Bitcoin address into the field
  2. Choose BTC as the currency type and enter the amount. This must match the exact amount that was shown in the America’s Bookie Cashier.
  3. Hit the Withdraw button.
  4. Your deposit will then be posted to the blockchain. It usually takes 10-60 minutes to show as complete. You can check the status of any transaction by going to the blockchain website and entering your deposit’s address: https://www.blockchain.com/explorer.

Withdrawing from your sports book account

To make a withdrawal from America’s bookie to CEX.IO, simply follow these steps:

  1. From your CEX.IO account, hit Deposit at the top of the screen.
  2. On the right side, select the cryptocurrency you want to withdraw (i.e. BTC Bitcoin)
  3. Check-mark the confirmation box and hit Continue.
  4. Your will see your BTC receiving address, which you can copy using the copy icon.

Go to your Sportsbook account and paste the BTC address:

  1. Open the Cashier.
  2. Select Withdraw.
  3. Choose Bitcoin.
  4. Choose amount.
  5. Paste the Bitcoin Address you had copied from your EDGE App.
  6. Hit Verify Withdraw.

It normally takes only 2-3 hours for your withdrawal to be sent, but may take up to 48 hours in some rare cases.

When the Bitcoin requested arrives to your exchange wallet, you can then convert to USD to be transferred over to your bank account.

We highly recommend converting the Bitcoin into USD as soon as you receive it. This way you can protect yourself against any possible drop in the value of Bitcoin.

Trade your Bitcoins to USD.

Simply hit TRADE at the top of the screen and follow these steps:

  1. Scroll down to where you Sell BTC
  2. Enter the amount in BTC you wish to convert to USD
  3. The amount in USD will be shown on the right
  4. Hit Place Order

Now with your funds changed back to USD, the final step is to take them out of your CEX/IO wallet and move them over to your personal bank account.

  1. Go to WITHDRAWAL, tap at the top of the screen.
  2. On the right, choose currency and the amount you are taking out.
  3. Choose the method you will be using to withdraw.
  4. Verify your identity (if you have not already).
  5. Follow the rest of the steps to add you bank information and complete the transaction.

It should take 24 hours or less (on business days) for the funds to arrive to your bank account. You can check the CEX.IO website for more details on the exact time frame.

Sportsbook Company’s interest is to send your funds as soon as you need it. If you have any problems with any withdrawal request, please contact the customer service representatives to receive assistance.

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