A good first impression is important. It could be a welcome bonus, high rakeback, high traffic, or user-friendly software. Yet, it is the matter of how easy it is to deposit that matters the most to many players. If a process is simple, chances are the recreational player stays longer. In this article, we will show you how to deposit on Phenom Poker and which methods are available.
Phenom Poker: A Room Created by Industry Veterans
You might have heard about Phenom Poker in October 2024 when it opened its virtual doors. The site brings players real money online poker. One of the defining features of the site is that you must deposit and withdraw using crypto only. Some of the platform’s representatives are professional players — Brian Rast, Ben Heath, Alec Torelli, Francisco Benítez, Erick Baldwin, and others.
How to Deposit
The only way to deposit is via crypto. Phenom Poker was accepting only Tether (USDT) initially. However, the list of accepted coins registered an expansion in early November 2024:
- Bitcoin
- Ethereum
- TRON
- Litecoin
- Binance Coin
- Solana
- Jupiter
- Avalanche
- Arbitrum
Always use the right network to send your funds. Any transaction done via the wrong network will not be reversed or recovered. Phenom Poker imposes no limit or minimum deposit requirements. The actual amount and any blockchain fees depend on the cryptocurrency being used. The room itself does not charge any transaction fees. The site also allows internal transfers between players. To do this, simply add the recipient in a friend list.
New players can get a 200% bonus – $4,000 on their first deposit. Enter the promo code WELCOME in the cashier before making your deposit to claim the promo. For every $4 worth of rake players get $1 — 25% rakeback equivalent. There are 45 days to clear the bonus.
Stakes range from NL5 to NL40000 with peak traffic occurring in the evening. Phenom Poker provides options for playing No-Limit Hold'em, a few variants of Omaha, as well as Stud and Razz. Mixed games are also listed in the lobby filters.
Phenom Token (PHNM) is the room’s native cryptocurrency. It can be exchanged for USDT at the cashier. The loyalty program offers up to 35% rakeback. All players start with Bronze status and get 15%.
More Information on Phenom Poker
By June 2025, Phenom Poker is surpassing around 100 players online at a time. The limited traffic can be blamed on the absence of MTTs and Spins – presently, you can only play cash games. Additional formats will be added in the future.
This limitation is offset by soft fields. With no tracking software and a lack of regulars, the tables are stuffed with recreational players. Moreover, the room welcomes U.S. players, who are usually believed to be less skilled. Phenom Poker is also innovative in its use of a blockchain-based random number generator (RNG).
Phenom Poker runs entirely through your browser instead of requiring a downloadable client like most other rooms. You can’t see hand histories or export statistics. There’s also no customization, in terms of playstyles or table position – you can only edit the table visuals, deck design, and preset bet sizes for preflop and postflop.
Another reason is the absence of freerolls to attract players. As an incentive for new players, many young online poker rooms offer free-play tournaments with real money prizes. It is a great opportunity to give the amateurs a feel of the actual contest. There are countless freerolls held online every day that have a zero dollars buy-in. GipsyTeam has a regularly updated table with all of them.
Gipsyteam organises freerolls every week in two poker rooms. The top three performers of the month share a total prize pool of $350, distributed as follows:
- 1st place — $200
- 2nd place — $100
- 3rd place — $50
Rankings are based on MTT performance. Playing in all the tournaments can help enhance your chances of winning more. The higher you place, the more points you earn.
Weekly Freeroll Schedule (EST):
| Day | Time | Poker Room | Prize |
|---|---|---|---|
| Friday | 13:00 | RedStar Poker | €50 |
| Sunday | 12:30 | CoinPoker | $100 |
Sign up for the league through the GipsyTeam link and follow the instructions or chat with 24/7 support.
- Increased rakeback and personal bonuses
- Help with deposits and cashouts
- Access to mobile applications
- Solving problems with accounts
- Technical support
- Questions about the site and forum
Best Poker Rooms for Beginners
You can consult our reviews to select the right online poker sites for you. Each one has information about registration, verification, format availability, promotions, loyalty programs, software quality, and rake structure. Reviews from actual consumers are relevant and based on experience.
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- Help with deposits and cashouts
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- Help with deposits and cashouts
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- Help with deposits and cashouts
- Access to private freerolls
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- GipsyTeam's unique promotions
- Help with deposits and cashouts
- Access to private freerolls
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- GipsyTeam's unique promotions
- Help with deposits and cashouts
- Access to private freerolls
- Round-the-clock support
- GipsyTeam's unique promotions
- Help with deposits and cashouts
- Access to private freerolls
- Round-the-clock support
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