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From an official email received on 18/11/2021
Lower transaction fees and faster crypto solutions
Crypto transfers with BetInAsia are getting faster, cheaper and more convenient than ever. If you're one of the many crypto-currency enthusiasts, you'll be happy to know that we're adding Ethereum (ETH), Cardano (ADA) and Solana (SOL) to your list.
Ethereum is the leader in decentralized, open-source blockchain. It is second only to bitcoin in terms of market capitalization and is widely used for crypto-payments and the deployment of smart contracts and decentralized applications (dApps).
The new third-generation crypto add-ons Cardano (ADA) and Solana (SOL) can handle thousands of transactions, allowing for faster confirmation speeds and lower transaction fees on your crypto payments.
How to deposit crypto-currencies
Log in to your BIA portal and generate a SINGLE, PRIVATE address for your preferred crypto options and make your transfer. It is important to note that all deposits must be made to the correctly generated address, which will direct the funds to your BIA wallet.
We have made some updates on our offered products list, and we have to inform you that PENTA88 standalone accounts, Turf7 and CITIbet exchange accounts are no longer available to BetInAsia customers, which means no new ones will be opened starting today, and all active account holders are contacted so that the closure process can be completed and funds transferred to their BIA Wallet.
It's important to note that PENTA88 sportsbook remains a part of the offer on BetInAsia BLACK.
These changes shift even more attention to the products which were bringing the most value up to now - BetInAsia BLACK, Orbit Exchange, and PS3838, while the high-volume players still have Skype betting service at their disposal.
Some payment methods updates:
We have improved the list of accepted cryptocurrencies, but also the payment process itself, so customers can have a smoother way of depositing and withdrawing via this method.
With the goal of becoming a leading brokerage platform that offers a variety of fast and reliable payment solutions available for our customers from all around the world, we continue to widen our list of available cryptocurrencies and network protocols.
We are feeling proud to inform you that we have added the popular Cryptocurrencies:
TRON (TRX)
Dogecoin (DOGE)
DAI
Furthermore, you now have the opportunity to choose from:
TRC-20 and ERC-20 Network Protocols when using USDT
Stellar and ERC-20 Network Protocols when using USDC
Deposit via BTC, ADA, ETH, LTC, SOL, USDC, USDT, XRP and now DOGE, TRX & DAI
We are excited to introduce you to Molly Exchange, the latest feature and innovation available now on the BLACK platform.
Molly Exchange is now appearing as an additional bookmaker on the bet slip, enabling players across the platform to place bets against each other for the first time.
An alternative bet slip is designed that presents both "for" and "against" liquidity on offer by each bookmaker side by side, making it intuitive to players that they will be able to place both "back" and "lay" bets.
From today, we're lowering our deposit, transfer and withdrawal amounts from EUR 100 to just EUR 50*! Now you can make the most of the off-season or carry out pre-season tests without incurring high costs. It's the perfect opportunity to get in on the action!
Explore our exciting markets with high limits, test new strategies and challenge yourself with a low investment.
To take advantage of this great opportunity, simply log in to your account and you'll notice the updated amounts for deposits, transfers and withdrawals. We've made the process easy and transparent, so you can focus on your immediate enjoyment.
*The minimum withdrawal amount per transaction is €50 (or the equivalent in another currency), with the exception of Bitcoin crypto-currencies (BTC) equivalent to €100 or an account closure, in which case you can withdraw the entire balance.
Orbit Exchange is unfortunately currently unavailable.
However, we are delighted to announce the launch of Sharp Exchange, powered by Betfair! This cutting-edge product offers the same features as Orbit, but with a reduced commission of 2.5%, an improved customer experience, and is exclusively available on BetInAsia!
Here’s what you will have with Sharp Exchange:
A reduced commission of 2.5%
Competitive odds and high liquidity
A familiar and user-friendly interface
Faster bet acceptance speed
Robust technology for a superior betting experience
Back or Lay bets on over 30 sports
Cash Out options and live betting
To learn more about Sharp Exchange and its features, you can visit our dedicated page: BetInAsia
On Friday 20th September 2024, our long running partner, white label provider Orbit without notice
terminated our accounts and thus suspended any bets or account access to us and our customers
with immediate effect.
In this open letter I would like to clarify the facts and dispel many of the rumours currently in the
marketplace.
For many years BetinAsia, a licensed operator, has provided customers the services of Orbit, a Betfair
White Label. Without notice or prior warning our services were terminated. Our first point of call was to
understand the safety/security of our customer data, funds and the reasons behind the termination.
Until today (27th September 2024) we are still unclear and have received no response from Orbit to
explain the reasons behind the termination, leaving both us and our customers in the dark, breaching
multiple clauses in our contracts.
As a business loyal to our customers BetinAsia jumped to action launching a new Betfair white label
platform, Sharp Exchange. It was our plan to launch Sharp Exchange as an alternative to Orbit later in
the year, continuing to use both products.
BetinAsia staff worked tirelessly around the clock to set up accounts on Sharp Exchange and transfer
balances despite receiving no cooperation from Orbit, getting the exchange product back to our
customers.
Sharp Exchange will offer a super competitive commission rate, a ton of new features and the trusted
values and service that BetinAsia is renowned for. Being a close partner to Sharp Exchange we have
exclusive rights to create a flexible platform that is specific to the needs of our BetinAsia customer
base.
BetinAsia will continue to always place the needs of the customer first and requests your support as
we endeavor to fine tune the Sharp Exchange product and migrate all Orbit users across. We are in
the process of configuring all platform settings and finalizing liquidity provision too. We have launched
slightly ahead of schedule due to the termination of our Orbit agreement but BetinAsia is confident
that you will like what you see and be happy to join us at Sharp Exchange.
I look forward to you joining our journey and if you have any further questions or issues our world
class 24/7 customer support team are ready to answer.
