Does MyPrize accept crypto?
Yes - MyPrize supports crypto on both sides of the transaction, making it one of the broadest crypto setups among sweepstakes sites right now.
For purchases, more than 10 different coins are accepted, covering everything from Bitcoin and Ethereum to Litecoin, Dogecoin, and a range of other altcoins. You can read more about how crypto works at sweepstakes casinos if you want background on the model before diving in.
For redemptions, the rail is USDC on the Ethereum network - that is the only crypto you can receive when cashing out SC. Because USDC is a stablecoin pegged to the US dollar, you know exactly what value you will receive without worrying about price swings during processing.
Crypto is consistently the fastest redemption option at MyPrize, with settlements arriving in as little as 24 hours compared to longer waits on bank-based routes.
MyPrize welcome bonus
Whether you fund your account with Bitcoin, Ethereum, or a Visa card, the same first-purchase bonus tiers unlock automatically at checkout. The method you choose has no effect on the reward you receive - crypto buyers access the full welcome package on equal footing.
The welcome offer is tiered across purchase amounts from $0.99 up to $34.99, with the top tier delivering up to 750,000 GC and 65 SC. Every SC that lands in your account carries a 1x playthrough requirement before you can redeem it.
| Offer | Amount | How to claim |
|---|---|---|
| Gold Coins (welcome tier) | Up to 750,000 GC | Make a first purchase (any payment method) |
| Sweeps Coins (welcome tier) | Up to 65 SC | Included with first purchase package |
| No-purchase sign-up bonus | 50,000 GC + 5 SC | Automatic on account creation |
Supported cryptocurrencies at MyPrize
The table below lists every crypto type covered, whether it works for purchases, redemptions, or both, and the typical processing speed you can expect.
| Crypto | Purchases | Redemptions | Typical speed |
|---|---|---|---|
| Bitcoin (BTC) | Yes | No | Minutes to an hour |
| Ethereum (ETH) | Yes | No | Minutes |
| USDC (ERC-20) | Yes | Yes (ONLY redemption rail) | Minutes |
| Litecoin (LTC) | Yes | No | Minutes |
| Dogecoin (DOGE) | Yes | No | Minutes |
| Other altcoins | Yes (10+ total) | No | Minutes to an hour |
One thing to keep in mind: if you want your redemption in Ethereum or Bitcoin specifically, you will need to swap your USDC after it arrives in your wallet. MyPrize settles redemptions exclusively to USDC on Ethereum - no exceptions.
How to buy Gold Coins with crypto at MyPrize
Buying GC with crypto takes just a few minutes once your wallet is funded and ready to send.
- Log in to your MyPrize account: Open the site or app and sign in. If you are new, create your account first - you will also receive 50,000 GC and 5 SC for free on registration.
- Open the Gold Coin store: Find the store via the navigation menu or the "Get Coins" button. This is where all purchase packages are displayed.
- Select a package: Choose the GC bundle that fits your budget. Packages start from $0.99, and larger bundles unlock bigger SC bonuses - including the welcome tier if this is your first purchase.
- Pick a crypto payment method: At checkout, select the cryptocurrency you want to use. You will see the supported coins listed - choose from BTC, ETH, LTC, DOGE, USDC, or another supported altcoin.
- Copy the deposit wallet address: MyPrize displays a unique deposit address on-screen. Copy it carefully - or scan the QR code if your wallet supports it. Double-check the address matches before sending.
- Send from your own wallet and wait for confirmation: Initiate the transfer from your personal wallet for the exact amount shown. Once the blockchain confirms the transaction, your GC (and any bonus SC) credit automatically to your account.
MyPrize.US Bonus Offers:
How to redeem SC to crypto at MyPrize
Before you can redeem, your SC balance needs to clear the 1x playthrough - after that, the process is quick and straightforward. You can find a full breakdown of the process on our MyPrize redemption guide.
- Complete the 1x SC playthrough: Play through your SC balance once across any eligible game. MyPrize's 1x requirement is low compared to most sweeps sites, so this step moves quickly.
- Open the redeem page: Navigate to the redemption section of your account. This is usually found under your account dashboard or wallet menu.
- Select USDC on Ethereum: Choose the USDC (ERC-20) option. This is the only crypto redemption rail available - if you want BTC or another coin, you will need to swap after receiving USDC.
- Enter the SC amount: Type in how many SC you want to redeem. The minimum is 100 SC per request, and the daily cap is 3,000 SC.
- Paste your receiving ERC-20 wallet address: Manually enter your Ethereum-compatible wallet address. Do not use an exchange address unless you are certain it supports ERC-20 USDC deposits - mistakes here can result in lost funds.
- Confirm and wait: Submit the redemption request. Processing takes 24-72 hours, with crypto generally settling at the faster end of that window. You will receive USDC at the 1:1 SC-to-dollar rate.
MyPrize crypto limits, speed, and fees
The figures below cover everything you need to know about purchase floors, redemption caps, and what costs - if any - apply when using crypto at MyPrize.
| Rule | Figure |
|---|---|
| Card purchase minimum | $30 (via MoonPay) |
| Crypto purchase minimum | Varies by package - lowest coin bundle is $0.99 |
| SC redemption minimum | 100 SC |
| SC daily redemption cap | 3,000 SC |
| Redemption speed | 24-72 hours (crypto fastest rail) |
| MyPrize crypto fees | No in-platform fee; network fees apply |
Note that network gas fees on the Ethereum chain are outside MyPrize's control. If gas costs are high on a given day, consider timing your redemption for a quieter period to reduce that overhead.
For Litecoin purchases specifically, network fees tend to be very low.
Why use crypto at MyPrize
Crypto offers a distinct set of advantages at MyPrize compared to card or bank payment methods - here is what makes it worth considering.
⚡ Speed - fastest redemption rail
Crypto is the quickest way to get your SC prizes out of MyPrize. Settlements typically arrive within 24 hours, while bank and card routes can take longer.
🔒 Privacy - no bank details shared
When you buy GC or redeem SC via crypto, your bank account information never touches MyPrize's system. You send directly from your wallet to theirs, and receive directly in return.
🌍 Availability - works where bank routes fall short
Some players find card payments declined by their bank on sweeps sites. Crypto bypasses that friction entirely and works wherever you have a funded wallet.
💸 Lower fees - skip the card surcharge
Card purchases at many sweeps sites carry a processing surcharge. Crypto deposits at MyPrize have no in-platform fee - you only pay the blockchain network fee, which on chains like Litecoin is minimal.
📱 In-app flow - no third-party redirect
Crypto deposits stay inside the MyPrize interface. There is no redirect to an external card processor page, which keeps the experience smoother and faster.
🎯 Volume - unlock bigger welcome SC bonuses
Larger GC packages come with bigger SC bonuses attached. Crypto makes it easy to buy higher-value packages in one go, without running into the card limits some banks impose on sweeps purchases.
Is crypto at MyPrize safe?
Crypto transactions are irreversible, so understanding the safety setup at MyPrize before you send is important. Here is what the protections look like.
🔐 On-ramp partners - established processors
MyPrize uses MoonPay for card-based coin purchases and handles direct crypto wallet deposits through its own infrastructure. Both are established routes used across the sweepstakes industry.
🧾 KYC applies - identity check before first redemption
You will need to complete standard identity verification before your first SC redemption goes through. This is the same process regardless of payment method - have a government ID ready. You can learn more about how sweepstakes identity checks work in our MyPrize review.
💼 Wallet best practices - protect yourself before sending
Use a reputable non-custodial or exchange wallet, enable two-factor authentication, and always paste - never type - the deposit address. A single character error in a crypto address means lost funds with no recovery option.
📉 Volatility - crypto value can shift in transit
BTC, ETH, and most altcoins fluctuate in price. MyPrize converts your crypto to USD value at the point of receipt, so the GC you receive reflects the coin's value at that moment - not when you sent it.
🛡️ USDC only for redemptions - cleaner address handling
Restricting redemptions to USDC on Ethereum means there is only one address format to worry about when cashing out. This reduces the risk of sending to a wrong-chain address, which is a common mistake with multi-coin setups.
Other MyPrize bonuses you can claim when paying with crypto
Crypto payments do not limit which bonuses you can access - every standing MyPrize offer is available regardless of how you fund your account.
🎁 No-purchase sign-up bonus
Every new player gets 50,000 GC and 5 SC just for creating an account - no purchase or promo code needed. This lands before you ever make a crypto deposit.
🎡 Daily login wheel
Spin the daily wheel each day you log in for a chance at up to 100,000 GC and 2 SC. It costs nothing and resets every 24 hours.
💰 First-purchase welcome bonus
Your first crypto deposit unlocks the tiered welcome package - up to 750,000 GC and 65 SC depending on the package you choose. The same tiers apply whether you pay with BTC, DOGE, or a bank card.
🤝 Referral program
Share your referral link with friends and earn up to 500,000 GC and 100 SC for each qualified friend who joins and makes a purchase. There is no cap on how many friends you can refer.
📅 Monthly bonus
MyPrize refreshes a monthly bonus offer at the start of each calendar month. Check the promotions tab when the new month begins to see the current amounts and any conditions attached.
Other MyPrize guides
Looking for more detail on a specific part of MyPrize? The guides below cover everything from games to redemption in full.
Conclusion
Crypto gives MyPrize players the fastest, most private route from first purchase to final payout. With 10+ coins accepted for GC buys and USDC on Ethereum as the sole redemption rail, the setup is clean and consistent - no guesswork about which coin to use when it is time to cash out.
The 1x SC playthrough remains one of the lowest in the sweepstakes space, and crypto settlement keeps the overall timeline tight. If speed and privacy matter to you, crypto is simply the most efficient way to use MyPrize.
Players at other sweeps sites comparing options can also check how Stake.us handles deposits or how Stake.us redemptions work for a side-by-side sense of how different operators approach the crypto flow.
FAQs
Can I use Bitcoin at MyPrize?
Yes - Bitcoin is accepted for Gold Coin purchases at MyPrize. However, BTC is not available for SC redemptions. If you want to receive your prizes in Bitcoin, you will need to redeem in USDC on Ethereum first, then swap to BTC through your preferred exchange or wallet.
How fast are MyPrize crypto redemptions?
SC redemptions processed via USDC on Ethereum typically arrive within 24-72 hours of your request being submitted. Crypto is the fastest redemption rail at MyPrize - bank and card routes generally take longer. You also need to hold a valid KYC verification before your first redemption can process. You can find step-by-step detail on the Dogecoin sweepstakes page if you are curious how other crypto options compare at different sites.
Does MyPrize charge crypto fees?
MyPrize does not add an in-platform fee for crypto deposits or redemptions. You will still pay standard blockchain network fees - these go to the network, not to MyPrize, and vary depending on which coin you use and how busy the network is at the time of your transaction.
