From new account to first payout: the five steps to playing chess for money on ChessBit, from signing up and verifying to Quick Play and getting paid.
Updated 2026-10-112 min readChessBit Support
1. Create Your Account
Sign up with an emailed login code or a crypto wallet; see How to create an account. You'll confirm you're 18+, pick a username, and tell us your chess level. That sets your starting rating, so be honest: it makes your first matches fair.
Already rated on Lichess or Chess.com? Link the account to start from a verified rating and a higher new-player stake cap; see Matchmaking & ratings.
2. Complete Level 1 Verification
A short personal-details form, with no documents. It unlocks deposits and stakes up to $100 a game. While your rating settles, a new-player cap also applies: $25 rising to $75, or $50 rising to $250 with a verified chess account. See Verification levels.
3. Deposit
Open the Wallet, pick a coin (BTC, ETH, LTC, SOL, TRX, BNB, USDT or USDC) and send at least $5 to your deposit address. We suggest sending $10, since some exchanges take their fee out of the amount you send. Your balance is credited after network confirmations. See How to deposit.
4. Find a Match
The fastest way is Quick Play: pick a pool (such as $1 · 3+0) and tap Play Now, and the server pairs you with another player at the same stake.
Quick Play: one tap and the server finds your opponent.
Prefer to choose? Browse open games in the lobby, where a compatibility percentage shows how even each matchup is, create your own game, or turn on Auto-Join to be offered games that fit. Stakes start at $1.
5. Play, and Get Paid
Win, and the pot minus the platform fee is credited once our fair-play system clears the game, usually within minutes (longer at busy times). You'll get a Payout Released notification. What everything on the board does: During a game.
To withdraw, stake each deposit once first; see How to withdraw.
Stay on the game while you play. Your clock keeps running, and if your connection drops (on a phone, switching apps can do that) a reconnect countdown starts. If it runs out, you lose the game. See Connection issues during games.
18+. Not available where prohibited.
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