Frequently Asked Questions
Everything you need to know about PrizeWoo.
Getting Started
What is PrizeWoo?
PrizeWoo is a crypto-powered prize competition platform. You buy tickets, answer a skill question, and get a chance to win life-changing prizes — from Bitcoin and USDT to luxury watches and cars. Every draw is provably fair.
Is PrizeWoo legal?
Yes. PrizeWoo is a skill-based prize competition platform, not a lottery. A free entry method is always available, and a skill question is required on every entry. We operate under a valid gaming licence.
Do I need an account to enter?
Yes, you need a free account to enter. Creating an account takes under 2 minutes and requires only your email and a password.
What countries can enter?
PrizeWoo is open to most countries worldwide. However, certain jurisdictions are restricted due to local laws. You'll be notified during registration if your country is excluded.
Entering Competitions
How do I enter a competition?
Browse competitions, pick one, answer the skill question correctly, then select how many tickets you want. Fund your account with crypto and confirm your entry. It takes less than 5 minutes.
What is the skill question?
Each competition has a simple multiple-choice question. This is a legal requirement — it's what makes our platform a prize competition rather than a lottery. The answer is always straightforward.
Can I enter for free?
Yes! Every competition offers one free entry per day. Simply answer the skill question and submit. No purchase necessary. Free entries are eligible to win exactly the same prizes as paid entries.
Can I enter multiple times?
Yes. You can buy as many tickets as you like in a single competition. More tickets means more chances to win. Each ticket has an equal probability of being selected in the draw.
Deposits & Payments
What currencies do you accept?
We accept Bitcoin (BTC), Ethereum (ETH), USDT (TRC20 and ERC20), BNB, Litecoin, and many more via our crypto payment processor NowPayments.
How long do deposits take?
Deposits are credited automatically once confirmed on-chain. This is typically 1-3 confirmations, which takes anywhere from 1 minute (USDT TRC20) to 10-30 minutes (Bitcoin).
Is there a minimum deposit?
Yes, the minimum deposit depends on the currency. For USDT, the minimum is $20. For Bitcoin, the minimum is approximately $20 equivalent. These minimums are set by our payment processor.
Are there any fees?
We don't charge deposit fees. However, blockchain network fees (gas fees) apply and are deducted by the network, not by PrizeWoo.
Draws & Winning
How are winners selected?
Every draw uses RANDOM.ORG's Signed API. This generates a cryptographically signed random number using atmospheric noise. The signed result is published publicly — anyone can verify we didn't tamper with it.
When do draws happen?
Draws happen when either all tickets are sold, or the competition deadline is reached — whichever comes first. The draw date is displayed on every competition page.
How will I know if I win?
Winners are notified by email immediately after the draw. Results are also posted on the winners page. If you won, we'll contact you within 24 hours with prize fulfilment details.
How are prizes delivered?
Crypto prizes are sent directly to your registered wallet address within 7 business days. Physical prizes like watches or cars are shipped to your address. We cover delivery costs.
PWT Token
What is the PWT token?
PWT (PrizeWoo Token) is our BEP-20 utility token on the Binance Smart Chain, with a fixed supply of 100 million. It offers platform benefits including up to 10% discount on entries (set by your VIP tier), 2% cashback when you pay in PWT, four VIP tiers, and staking to climb those tiers.
Where can I buy PWT?
PWT will be available on PancakeSwap after launch. You'll be able to swap BNB or USDT for PWT directly. We'll also integrate an in-app swap widget on PrizeWoo.
Do I need PWT to use PrizeWoo?
No. PWT is optional. You can use PrizeWoo entirely with standard crypto (USDT, BTC, ETH etc.). PWT just gives you extra benefits if you choose to use it.