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.

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.

The room has a legal license granted by Panama Gaming Commission

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 Poker issued 50 million PHNM tokens in total

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%.

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 allows players to open multiple tables in separate browser windows

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.

4.7
Phenom Poker, with its innovative PHNM token system, is trying to revolutionize online poker as a platform for players seeking a modern crypto poker experience. Leveraging blockchain technology, Phenom Poker offers players a unique experience with greater transparency, lower fees, and the potential for substantial rakeback rewards. Designed for both seasoned professionals and newcomers, the site brings together a wide variety of poker formats, including Texas Hold’em, Omaha, and Limit games, available across multiple devices.
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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.

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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:

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  • 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):

DayTimePoker RoomPrize
Friday13:00RedStar Poker€50
Sunday12:30CoinPoker$100

Sign up for the league through the GipsyTeam link and follow the instructions or chat with 24/7 support.

GipsyTeam support
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We work around the clock without weekends and holidays
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