How to Deposit at Phenom Poker

New crypto poker site Phenom Poker, based at PhenomPoker.com, has expanded its range of supported Networks and Tokens.

USDT Polygon is Phenom Poker’s preferred crypto token and this continues to be an instant and free deposit option, but players can now also deposit other tokens to their Phenom Wallet.

On this page you’ll find information Phenom Poker payment methods along with a step-by-step guide to depositing crypto to your poker account.

The Phenom Poker promo code is NEWBONUS. New players can use this code when registering to get 100 Phenom tokens (known as PHNM tokens) when generating USDT 100 in rake.

As soon as you register you can claim the bonus. To start playing online poker, you just need to deposit funds to your new account, as explained below.

As mentioned, USDT Polygon was Phenom Poker’s initial crypto coin of choice but many other options are now available, with the Phenom Wallet now able to accept a variety of tokens on various blockchain networks.

As the Phenom Poker platform is built on Polygon Smart Contracts, the tokens you send will automatically be converted into USDT Polygon for use on Phenom Poker.

The full list of supported Networks and Tokens as of November 2024 is as follows:

Tether (USDT) is a type of cryptocurrency that is pegged to the United States Dollar and is commonly referred to as a stablecoin. Unlike other cryptocurrencies that can fluctuate in price, USDT is designed to maintain a stable value of exactly $1 USD.

Tether can be thought of as a digital version of the US dollar that can move quickly across different blockchain networks.

Key advantages of using USDT:

As USDT can operate on multiple blockchain networks, including Ethereum (ERC-20), Polygon, Solana, Tron and others, it is perfect to use at crypto poker rooms such as Phenom Poker.

As its price is pegged to the Dollar, 1 USDT will always be worth $1.00.

Although you can deposit at Phenom Poker using a range of networks and tokens, Tether/USDT on the Polygon network will be the way you fund your Phenom Poker Wallet.

Any cryptocurrency sent to your Phenom Poker Wallet will automatically be converted to USDT Polygon for use on Phenom Poker.

To fund your Phenom Poker Wallet, you need to purchase USDT or another cryptocurrency on a centralized exchange such as Binance or Kraken. Other crypto exchanges are also available.

Here is a step-by-step guide to funding your Phenom Wallet:

As is always the case with crypto transactions, it is important to make sure you copy the address carefully and accurately.

If you incorrectly copy the address, you risk losing funds.

If you are using a token other than USDT Polygon, the process is slightly different as explained below:

Please note that all USDT Polygon deposits are fee free. For deposits made with other tokens, fees may apply.

As soon as your deposit has been confirmed, the balance in your Phenom Poker Wallet will update!