Cloudbet Korea Bitcoin Bonus 2022
Cloudbet is a bitcoin sportsbook and bitcoin online casino that offers a lot of betting options and only accepts this cryptocurrency for payment. Creating a Cloudbet account requires only a few clicks. You need an email address and a password to register.
Cloudbet offers a 100% bonus on the first deposit made via Bitcoin, Ethereum, Bitcoin Cash, and Tether USDT. This reward can be up to 5 BTC, ETH, and BCH, or up to 1000 USDT.
How to use Cloudbet Bitcoin bonus code
This is a great welcome offer and now is a great time to take advantage of it.
Go to Cloudbet.com via this link. All the links are checked on a regular basis to make sure that they are pointing to the most up to date bonus.
Open an account, Click the ‘Join’ button. fill in the required details. Enter your Cloudbet bonus code
How to get the Cloudbet bonus?
- Register your Cloudbet account
- Deposit cryptocurrency up to 5 BTC/BCH/ETH/PAXG/DASH/LTC, 100 LINK, 1,000 USDT/USDC/DAI/PAX, or 10,000 DOGE
- Your Cloudbet bonus will be automatically credited to you
- Start betting or playing in sportsbook or casino crypto games!
Is Bitcoin gambling legal in Korea
Compared to traditional payment methods found in Korea, South Koreans can use Bitcoin to gamble at online casinos. South Korean laws make an exception to the use of Bitcoin for a couple of reasons.
As far as the government is concerned, people are free to use Bitcoin for any purpose as long as they allow it to be taxed.
Problems usually arise for cryptocurrency users when this requirement is not met, as seen in the past when authorities in Gyeonggi Province seized crypto assets from 1,661 investors worth around $5 million, according to Financial Times.
How to deposit and withdraw in Cloudbet
Make your first deposit and Cloudbet will reward you with a bonus of 100% up to a maximum of 5 BTC.
Both deposits and withdrawals are extremely fast with deposits credited instantly and withdrawals processed within 24 hours at the most.
Cloudbet accepts Visa and Mastercard, in addition to several cryptocurrencies, including Bitcoin (BTC), Bitcoin Cash (BCH), Tether (USDT), USD Coin (USDC) Ethereum (ETH) and Paxos Standard (PAX), Paxos Gold (PAXG), Link (LINK) and Dai (DAI). You can transfer your funds to Cloudbet from any crypto wallet of your choice.