Common Asked Questions.
What is BetCoBit?
BetCoBit is an anonymous payment system to send and receive money anonymously (No VERIFICATION REQUIRE). Also, BetCoBit is a cryptocurrency-based e-lottery service. Where around a million users are participating in numbers lottery scratch card lottery and free mobile top-up lottery.
Moreover, BetCoBit is a cryptocurrency exchange. You can sell your cryptocurrency (ETH, BTC, BCH, LTC, DASH) for real money.
Similarly, BetCoBit is a BTC + ETH wallet provider and cryptocurrency instant swap service, provider. You can swap your cryptocurrency instantly from one to another.
What is the currency of BetCoBit?
Why BetCoBit is better than other online BitCoin betting sites?
A bundle of factors makes BetCoBit service better than other BitCoin lotteries.
- First BitCoin lottery allowing you to purchase a three-digit lottery number with a prize of $1.2 million.
- Many payment methods for withdrawing money and add money.
- Free mobile top-up lottery. Anyone can participate. No need to sign up.
- BetCoBit has its own payment system. Even next day BitCoin value becomes zero, you are going to get what you have in your account.
- You can transfer money to other BetCoBit users. With email address 100% anonymous just like PayPal but we never ask for verification.
- BetCoBit lottery draws are twice a month without delay.
- World's best transparent lottery system ever.
- Bitcoin Scratch card lottery. With an instant win and instant claim prize policy.
- Ease of use.
What makes BetCoBit better than others?
There are several reasons BetCoBit is better.
- We don't force you to verify your identity.
- We don't hold your money or won't freeze your account. Your account and your money belong to you. you have full freedom to use your money the way you want.
- 100% anonymity guarantee. You can add money to your account by using cryptocurrency.
- You can send money anonymously with the lowest fee of 2.5% only.
- Local Withdrawl payment methods.
What makes BetCoBit unique?
The world's simplest three-digit numbers lottery makes BetCoBit unique. We use cryptocurrency and other many different payout methods. BetCoBit converts your cryptocurrency into real money worldwide.
Can BetCoBit freeze my account?
Only three reasons would freeze an account.
- If you commit fraud by using our platform and someone complains about you.
- You have several fake accounts.
- You tried to manipulate our system.
Note:- Even your account has been frozen, you can withdraw your money without asking any questions because that money belongs to you. If you have participated in ongoing lottery numbers, your numbers won't reject. if you win you will get your prize. We will force you to withdraw your money as soon as you can. After your all money is gone your account will be blocked permanently.
Can BetCoBit hold my money?
No, Your money belongs to you and we have no right to hold it. Even your account has been frozen you will be able to withdraw your money normally as you were withdrawing before.
Can I revoke money transfer?
Once you transfer money to someone it is simply impossible to reverse. So, think before transferring money and double-check the email of the beneficiary. Money transfer can be revokable with these conditions.
- You accidentally transfer money to another user of BetCoBit while you were trying to send money to someone else.
- Someone committed fraud with you. (Contact the support team as soon as possible)
Note:- BetCoBit support team will require good reason and proof.
What are the reasons for money withdrawal rejection?
There may other reasons for rejection withdrawal but these are the most common reasons.
- Payment method not supported.
- The small amount can not work with your requested payment method.
- A big amount that you should not withdraw by that payment method example a $1000 mobile top-up.
- Huge amount of withdrawal requests in one transaction. That may put you in trouble in your receiving country.
The solution is simple your withdrawal request won't reject just consider these things.
- Always use cryptocurrency as a withdrawal method 99.99% acceptance rate.
- Once a withdrawal request cancels apply again with different amounts and different payment methods.
- The final solution is to contact our support team for help.
Numbers Lottery Questions
What is the BetCoBit lottery draw date and time?
All lottery draws are twice a month each month on dates 1 and 16. You can also see the timmer running and see how many days are remaining for a draw.
Can BetCoBit reject my number to participate in the lottery?
Yes, these are the reasons your number can be rejected before the draw.
- More than or less than the required digits.
- More than a limited number. Gold and Dimond numbers have a limit.
Note:- Your money will be refunded right away into your account.
What is the validity period of my lottery number?
Your lottery numbers are only valid until the upcoming draw. After the prize announcement, your lottery number will move to previous numbers, and will never consider again for the upcoming draws. You always need to buy a new number to participate in the upcoming draw.
What are the limits for the silver, gold, and diamond lottery?
These limits apply to silver, gold, and diamond lottery.
The silver lottery allows you to buy unlimited numbers. You are allowed to choose the same numbers with a minimum bet of $1.
The gold lottery allows you to buy ten numbers same numbers allow with a fixed bet of $50.
The diamond lottery allows you to buy three numbers same numbers allow with a fixed bet of $100.
How do lottery prizes apply to the same numbers?
We consider each number individually. So, you are going to get a prize for each number. For example, you participate in the silver lottery and bet a number 12345 in the amount of $5. Similarly, you bet $10 same number 12345. If this number wins the first prize you will get the prize amount twice with two transactions.
First transaction $5 X $10,000=$50,000-$1250(2.5% transaction fee)=$48750.
Second transaction $10 X $10,000=$100,000-$2500(2.5% transaction fee)=$97500
How do I know if I have won a lottery number?
BetCoBit system is a transparent system. You can see the lottery draws. Your participated number appears in the draw, which means you have won.
How can I claim a lottery prize?
After the lottery draw, NO ACTION REQUIRED. You will get your prize amount automatically in your BetCoBit account within 7 working days. Typically we pay within five working days but seven days are maximum. After that period, if you have not received the prize amount you should contact the BetCoBit support team.
Scratch Card Lottery Questions
What is BetCoBit scratch card lottery and how does it work?
BetCoBit scratch card lottery is an E-lottery you can purchase instantly and win instantly. This scratch card lottery is specifically designed for people who can't wait for the draws and want to win instantly.
After login into your BetCoBit account choose your scratch card and click buy once you purchased successfully you need to scratch your card. If you win a prize you will see a code. Copy code and click claim. After clicking claim, you will see a box where you can paste your number and click claim. Instantly money is available in your account and ready for use. Learn More
I accidentally refresh the page and my purchased card is gone what can I do?
You can see your recently purchased cards in the My Purchased Cards section. Or contact the BetCoBit support team.
Is scratch card lottery refundable?
No, the scratch card lottery is non-refundable because it works instantly. You must think before purchasing. Moreover, we always ask to confirm before purchasing a scratch card.
I lost my scratch card lottery number what should I do?
You can see your recently purchased cards in the My Purchased Cards section. Or contact the BetCoBit support team.
I won a scratch card but it didn't work what should I do?
You can contact our support team we will recover your scratch card lottery number.
Free Mobile Top-Up Lottery Questions
How mobile top-up lottery works?
Without registration or login, you can participate in the mobile top-up lottery. You need to choose your six-digit lottery number and add your mobile number. Lottery draws are twice a month. After the lottery draw, if you win your given mobile number will top up the prize. Learn more: how BetCoBit free mobile top-up lottery works?
How much is the free mobile top up lottery prize?
The free lottery prize varies and depends on the country of the given mobile number because transaction charges vary. Typically you will receive a balance of $10 to $50.
After win how can I claim my prize?
We will recharge your prepaid mobile number automatically. NO ACTION IS REQUIRED. Within two weeks if you have not received your balance then contact our support team.
I don't want mobile recharge. Can I claim the lottery prize another way?
Yes, you can claim prize money for the free mobile top-up lottery. If you win only your mobile will receive the balance right away. This is because you can play this free lottery without any account.
Another way is that you can claim a prize in your BetCoBit account. You can contact our support team and list your mobile number. You will receive your prize in your BetCoBit account.
Note:- Only one mobile number can be associate with one account.
BetCoBit Cryptocurrency Questions
Is the BetCoBit crypto wallet safe?
BetCoBit, web wallet is non-custodial. BetCoBit servers and staff never see your private key(s). Your crypto is protected by cryptography inside your web browser.
How is my privacy protected?
BetCoBit doesn’t collect any personal information, and we don’t use any tracking services such as Google Analytics. We treat your privacy with the utmost respect.
Does BetCoBit require me to verify my account?
No, we don't require account verification. We only collect the information you have presented on sign-up.
I’ve sent my crypto to the wrong address. Can you recover it?
Cryptocurrency transactions are not reversible. There is no way to recover transactions sent to the wrong address. It is important to always check the wallet address before sending.
How do I backup my crypto wallet?
After you sign up, it is important to save your wallet's private keys. If you forget your password or if BetCoBit were to ever go offline for some reason - you can still access your wallet using these private keys.
Why are my previous account wallets appear in the new account?
Your private keys are stored in your browser that is why even you change your account you can access your previous wallets.
If you change your device or you have multiple BetCoBit users on the same device, then you should delete browser data. Also, pin protected wallet gives additional security to your cryptocurrency wallets.
Why my wallets are gone after changing the device or browser?
We are providing cryptocurrency wallets with utmost security. Your private keys are stored in your browser that is why after changing your device or browser you see there are no wallets. You can restore them within 2 minutes. Click sometimes on create wallets and refresh pages it won't create the new wallets but recover all your previous wallets.
What is a multi signature wallet?
A multi-signature wallet ("multisig" for short) is a cryptocurrency wallet that requires two or more private keys to sign and send a transaction.
How much is the fee to withdraw from my wallet?
We don't charge a fee for you to withdraw from your wallet. You will however need to pay a network fee, which will be paid directly to miners of the respective blockchain to process your transaction.
I have a question that wasn't answered.
Please get in touch by support chat. We will be happy to answer any questions.