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Sujit Kumar
Nov 25, 2023

Crypto Withdrawal at Online Casinos: Fast Withdrawal of Winnings

Crypto Withdrawal
Online casinos have advanced a lot in the last couple of years. One of the best things they’ve included in their offers is using cryptocurrency as a payment method. This added one of the fastest options to get your money from your casino without having to jump through hoops or wait for days. A crypto withdrawal takes from a few seconds to a few hours, and as such, it’s one of the preferred banking methods for gamblers.

If you are a crypto user and enjoy online gambling, this is excellent news for you. Today, you can find cryptocurrencies among the payment options at the top fast withdrawal casino NZ websites - and withdraw your winnings whenever you want without having to wait! The number of casinos that have this option is growing every day and, by choosing a secure and trusted website and using your digital coins, you can prioritize safety and enjoy instant withdrawals!

If you are interested in learning how crypto withdrawals work and why players prefer them, keep reading.

Gambling at a Crypto Casino: Is It Safe?

The first and most important thing you should always consider when you choose a casino to gamble in is its safety. The banking methods listed do not make the casino secure. This is why it’s important to choose a trusted website with many security measures in place.

Gambling at a Crypto Casino

Photo by Bitcoin BCH on Unsplash

Now, using cryptocurrency will add an extra layer of security to your transactions. When you use methods like this that don’t require your bank details or your card numbers, you are making sure that no one can steal or misuse your banking information.

As long as you play at the top-rated casinos, cryptocurrencies are one of the safest payment and payout methods to use.

Is Gambling with Cryptocurrencies Legal?

Cryptocurrencies are largely unregulated, even though some countries and states have taken certain measures. In most places in the world, you can use crypto to make purchases online, get your payouts, etc.

If this is not an accepted option at your local online casinos, there’s no reason why you can’t gamble at a secure offshore casino that accepts cryptocurrencies as a banking method. That’s always the option.

Why Do Online Casinos Offer Crypto Withdrawals?

Online casinos have become very popular over the years, especially during the coronavirus when physical casinos were closed or worked limited hours. To attract more players, online casinos constantly boost their offers.

Today, you can find huge bonuses at online casinos, both welcome and regular promotions, not to mention highly rewarding VIP programs.

On top of this, online casinos now have non-stop support, accept different currencies, and have lists of banking methods that grow longer and longer.

As the popularity of the digital coins grew, so did their usage. When cryptocurrencies started being used for online transactions, it wasn’t long before casinos jumped in to use this opportunity to attract a wider pool of players.

And they surely did! Not only are cryptocurrencies fast for withdrawals, but they can also be very profitable due to their changing nature.

How Crypto Withdrawals Work at Casinos

Now here comes the most important part - how does this work?

Let’s say that you already found a great casino you plan to use, and it accepts the top cryptocurrencies you have or want to withdraw. Here is what you should do:

  • Navigate to the withdrawal page on the casino site
  • Choose the amount you wish to withdraw
  • Choose the withdrawal method i.e. your crypto wallet and currency. If you used the same for the deposit, you might not need to enter the wallet address again
  • Confirm the transaction
  • [caption id="attachment_252947" align="alignright" width="640"]crypto withdrawls Photo by Mariia Shalabaieva on Unsplash[/caption]

     

    How Long Does a Crypto Withdrawal Take?

    Crypto withdrawals are some of the fastest, but the time you’ll need to wait depends on several factors.

    For starters, it depends on the casino you are using. Some casinos process withdrawal requests slower than others, which is why it is important to find a casino that prioritizes speedy payouts.

    Next, it depends on your account i.e. whether it is verified. Remember that casinos can request verifications at any point, and they’ll most definitely require some documents on your first withdrawal. This can make the process longer, so make sure to verify your identity as soon as possible.

    Finally, it depends on the currency you are using. For instance, Bitcoin tokens usually take a few minutes, perhaps 10 or 20 to get into your wallet. Other currencies like Dogecoin, usually take less - around 5 minutes. This is, of course, after the casino accepts your withdrawal request.

    Casino Withdrawal Times

    Here is where it gets tricky. While cryptocurrencies are fast on their own, the casino has a huge impact on how fast you’ll get your money.

    To get an easy crypto withdrawal within minutes, you should go to websites that offer instant payouts. This indicates that most requests are automatically approved, so you won’t have to wait for someone to review them.

    Still, most casinos will promise to deliver your funds within the hour or within 24 hours. This is because they check all withdrawal requests prior to confirming them.

    Whether you choose a fast or instant casino, this doesn’t guarantee that you’ll get an immediate payout. It depends on the casinos’ policies, as well as the amount you are withdrawing.

    Here are some of the main causes of delays:

    • Unfulfilled wagering requirements. If you are withdrawing money you won when using a bonus and haven’t met the playthrough requirements, you won’t be able to do this.
    • If you haven’t verified your identity at the casino, you won’t be able to withdraw your money until you do.
    • Technical issues. Sometimes, casinos and crypto wallets are congested or have technical issues. This can also delay the withdrawals.
    • Crypto Minimum Withdrawal Requirements

      Casinos also have another thing you need to comply with to make a crypto withdrawal - a minimum requirement. The amount you can withdraw can differ greatly, just like the crypto withdrawal time.

      Some casinos will allow you to withdraw a minor portion of major currencies like Bitcoin or Ethereum. Others will require that you have more in your account to be eligible for a withdrawal.

      Final Thoughts

      Cryptocurrencies are no longer a novelty at online casinos. There are many of them offering crypto today - at least the top currencies. Now, the majority of crypto casinos will only deal with Bitcoin and maybe Ethereum, but the top-ranked sites usually have more options.

      If you are a fan of crypto and of gambling, this is a great way to get fast withdrawals!

      Crypto Withdrawal at Online Casinos: Fast Withdrawal of Winnings
      Sujit received his Bachelors in Science from the LNMU Darbhanga. He is currently working as a Content Strategist. He has more than three years of professional experience in information systems, security policies, technologies, and Cryptocurrency. He has published 6 books in the area of information security and assurance. He has published more than 50 research articles in leading journals Regarding the Latest and Breaking Crypto News and updates. His research interests include access control, computer forensics, Digital Marketing, Web development, business hacks, player experience, and virtual storytelling.

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