lets say I had some bets with BTC and then chose Euro as my account currency. now I want to withdraw some money, will You send it in fiat? and if yes, how? or will I need to convert back to BTC before withdrawal?
thanks
A customer selects currency of his/her betting account only once during the registration. It is not allowed to change currency after the registration. Any deposit or withdrawal is carried out with the use of
Bitcoins only.
- If a player chooses the currency other than BTC, BTC deposits are converted to fiat money at the Bitstamp Bid rate at the time of deposit.
- When a player withdraws, fiat money are converted to BTC also at the Bitstamp Bid rate at the time of withdrawal.
So if I deposit 1 Bitcoin and the Bitstamp price is $500 then later witdraw $500 when the Bitstamp price is $1000 I only get 0.5 Bitcoin paid out and you keep 0.5 Bitcoin?
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