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Home › News › Ignition Poker Runs Second Crypto Poker Open

Ignition Poker Runs Second Crypto Poker Open

Written by Jennifer Newell
Last updated on February 29th, 2024
Ignition Crypto Poker Open

One of the most popular ways to conduct online poker transactions is with cryptocurrency. This has been the case for more than a decade, but crypto has become even more popular in recent years. In fact, it is now one of the most frequently used payment methods when depositing and withdrawing from online poker sites.

Ignition Poker is one of those that recognizes the importance of cryptocurrencies to its players. Not only does it accept Bitcoin, but it allows transactions via Ethereum, Tether (USDT), and Litecoin as well. Players wanting to withdraw using Bitcoin SV and Bitcoin Cash are also accommodated.

Last year, Ignition introduced a new online poker tournament series called the Crypto Poker Open. And it did so well that the series is back for June 2023, this time with even more tournaments and guaranteed Bitcoin in the prize pool.

Crypto Poker Open 2

The second iteration of this series started on May 30 and runs through June 30. There are 100 events on the schedule, all listed in dollar amounts and starting as low as $7.70.

The total guaranteed is going to be 200 Bitcoin, which is the crypto equivalent of $5M.

Of the 100 tournaments, the highlights will all take place on June 25 with four versions of the Main Event:

-$82 buy-in CryptoPO2 Early Main Event at 7:02am ($12,500 or 0.5 BTC GTD)

-$109 buy-in CryptoPO2 Mini Main Event at 2:02pm ($75K or 3 BTC GTD)

-$450 buy-in CryptoPO2 Main Event at 3:02pm ($225K or 9 BTC GTD)

-$38.50 buy-in CryptoPO2 Micro Main Event at 4:02pm ($30K or 1.2 BTC GTD)

As usual, there are qualifiers and satellites running every day to offer discounted entry into the Crypto Poker Open events.

CPO2 Details

The main point of the tournament is to encourage more players to conduct transactions with cryptocurrencies and to show the value of Bitcoin in online poker. But can you play in the events if you don’t have a Bitcoin wallet?

Yes.

Winnings will be paid in US dollars to player accounts. There will be references to BTC payouts and the Bitcoin amounts of cashes and winnings, but those can easily be converted to USD at the exchange rate of one BTC equaling $25K. Players can withdraw their winnings in crypto or USD.

Crypto Deposit Freeroll

Apart from the Crypto Poker Open series, Ignition Poker regularly rewards players for depositing with cryptocurrency.

The biggest perk of depositing with crypto is a weekly freeroll. Players who deposit at least $20 worth of crypto during a week – Friday through Thursday – will receive a ticket to the weekly $2,500 Crypto Depositor’s Freeroll. That tournament offers up $2,500 worth of real money.

There is no limit to the number of times a player can qualify and play the freerolls. A person can deposit $20 or more each week and play that Sunday’s freeroll every weekend.

Ignition helps players with the deposit and withdrawal process, as customer service representatives and the FAQ section of the website offer assistance.

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