MuchBetter is a payment solution that was launched in 2016 and currently holds the position of the most convenient electronic wallet for gambling and forex. Since its launching, more than 500 merchants have added it to the list of methods for depositing and withdrawing funds.
MuchBetter is licensed by the FCA and is under UK jurisdiction as an Authorized Electronic Money Issuer. This guarantees the highest level of account protection with the protocols used in the banking sector.
Professional players and traders around the world choose MuchBetter because it:
- has a huge selection of merchants for work;
- guarantees confidentiality and security;
- has no additional fees for deposits and cash-outs in bookmaker offices, poker rooms, casinos and other sites;
- charges very low commissions;
- allows instant and free transfers to other users;
- has a functional mobile app.
Registration on MuchBetter
It takes only about 5 minutes to open an account on MuchBetter.
The primary requirements for account opening are that you:
- are 18 years of age or older;
- have a valid phone number to which we can send an SMS containing a code for phone verification and another with a link to install the MuchBetter mobile app.
Logging in to your personal account
To login to your personal account, go to the MuchBetter app on your mobile device. Enter the phone number with which you registered the account, and enter your 4-digit passcode which was set when opening the account.
Verification on MuchBetter
To exceed the default limits on your account and enjoy its full functionality, you need to provide an identity document as well as a document confirming your residential address. This is a requirement of the financial regulator against fraud and money laundering.
The available top-up methods may differ for residents of different countries. Nevertheless, the current list of options for your region can be viewed in your MuchBetter account.
The most popular options for the Russian Federation and the CIS countries are:
- Alpha click.
Withdrawals on MuchBetter
Withdrawals on MuchBetter are effected within 24 hours. The following are the minimum withdrawal amounts and fees for residents in Russia and the CIS:
- Cryptocurrency (BTC, ETH, KTC) – $15 – with a commission of 2%
- Bank transfer – $10 – with a commission of 2.5%
- Yandex.Money – $10 – with a commission of 2.5%