Deposit/Withdrawals TLHC
Deposit/Withdraw with USDT
To transfer USDT on the Ethereum and Polygon networks, you need to follow a specific process. Firstly, make sure you have a wallet that supports USDT and is compatible with the respective networks. Next, initiate the transfer by entering the recipient's wallet address and the amount of USDT you wish to send. Confirm the transaction details and pay the necessary gas fees. On the Ethereum network, the transaction will be processed by miners, who validate and add it to the blockchain. This process may take some time, especially during periods of high network congestion. Conversely, on the Polygon network, the transaction is processed through its proof-of-stake consensus mechanism, which significantly reduces transaction times and fees. Once the transfer is confirmed, the recipient will receive the USDT in their wallet. It is important to double-check the wallet address to ensure the funds are sent to the correct recipient.
Deposit/Withdraw with USDC
To transfer USDC on the Ethereum network, you need to have a compatible wallet that supports Ethereum-based assets. First, ensure that you have enough USDC in your wallet to cover the transfer amount and any associated fees. Next, initiate the transfer by entering the recipient's Ethereum address and the amount of USDC you wish to send. Confirm the details and submit the transaction. Once the transaction is confirmed by the network, the USDC will be transferred to the recipient's wallet. For transferring USDC on the Polygon network, the process is similar. Make sure you have a wallet compatible with Polygon assets. Ensure you have sufficient USDC and initiate the transfer by entering the recipient's Polygon address and the amount of USDC. Confirm the transaction details and submit it. After the network confirms the transaction, the USDC will be successfully transferred to the recipient's wallet on the Polygon network. Please note that it's crucial to double-check the recipient's address to avoid any accidental transfers to the wrong wallet.
TheLimitHoldemClub (TLHC) operates with a streamlined and secure payment system using cryptocurrency coins USDT or USDC. Here’s how it works:
Deposit and Withdrawal Method: TLHC exclusively uses USDT or USDC for deposits and withdrawals. No other methods are currently supported.
No Credit Play: TLHC does not allow credit play within the club. Players must use their own funds.
Chips and Wallets: Chips for playing in the club are issued once the corresponding amount is in TLHC’s cryptocurrency wallets. When withdrawing, funds are returned to the same wallet from which they were deposited. If a different wallet is preferred, players will be asked to sit at a private table in the club to verify ownership.
Deposit Currency: TLHC accepts stable coins USDT and USDC. Deposits and withdrawals can be made on the Ethereum Network or the Polygon Network.
Exchange Rate: TLHC games are played in the currency TLHC, where 1 TLHC equals 10 USDT or 10 USDC.
Deposit/Withdrawal Timing: Due to the absence of paid agents or personnel, the deposit/withdrawal process may not be instant. TLHC strives to keep player funds within the community for long-term sustainability.
Remember, TLHC’s goal is to create a healthy, long-term game while minimizing third-party involvement. Your patience during the deposit and withdrawal process is appreciated.
"On the FAQ page there is much more information about Cryptocurrency and about how to set up USDT and USDC wallet and fund them"
