How to Deposit and Withdraw With Digital Currencies?

Depositing and withdrawing with crypto is not the same as with other payment methods. Since they work on the blockchain network, the process takes a different route.

In this article, we’ll go over every step of the deposit and withdrawal process at online crypto casinos. We’ll also share some tips on how you can speed up the cashouts and top-ups to your wallet so you can use your funds as soon as possible!

How to Deposit at Crypto Casinos

Although deposits with cryptocurrencies are slightly different from debit or credit cards and even e-wallets, it’s still a very simple process. Since all digital coins, whether we’re talking about Bitcoin, Dogecoin, Ethereum, or others, work by using the blockchain network, you naturally need to have access to it.

Mainly, crypto deposits require you to copy the casino’s wallet address given in the Deposit section of your account and paste it into your crypto wallet. Once you do that, you can choose the amount you want to transfer, and that’s it – your BTC, ETH, or any other digital coin will be in your casino wallet in no time!

Depositing at Crypto Casinos: A Step-by-Step Guide

To give you a clearer picture and help you understand the crypto deposit process, we’ve made this short step-by-step guide. Every casino mainly uses the same steps, but know that some might omit one or two or have a different name for a certain section. For instance, some casinos use a Cashier tab first, while others directly have a Deposit button.

If you want to deposit cryptocurrencies at an online casino, follow these instructions:

1. Open your casino account. If you don’t have one, click the Sign Up button and follow the steps to create your profile.
2. Go to the Cashier section and then Deposit. Some crypto operators don’t have a payment section with this name. Instead, look for a Deposit button; once you click it, you will be redirected to the deposit page.
3. The best crypto casinos will offer a variety of digital currencies to choose from. The most popular ones are Bitcoin, Bitcoin Cash, Ethereum, Dogecoin, Litecoin, and Tether. Click on the crypto you want to deposit.
4. Copy the casino wallet address and go to your crypto wallet.
5. In your crypto wallet, paste the address and enter the amount you want to deposit. Take note of the minimum and maximum limits the casino has.
6. Confirm that the address is correct and submit the transaction. It shouldn’t take more than 5 minutes for your funds to arrive at your casino so you can start playing!

How to Withdraw at Crypto Casinos

One of the main things that allure casino players to use crypto coins is instant withdrawals. Unlike deposits, if you use traditional payment methods to cash out winnings, the process takes at least a day. Though, if we are being honest, it usually takes way more than a day, averaging at 4 business days. But with digital currency, the funds arrive in a few minutes.

Just like for deposits, you should copy and paste a wallet address so you can transfer cash. The only difference is that you should copy your own crypto wallet’s address and paste it into the casino’s Withdrawal section.

Cashing Out at Crypto Casinos: A Step-by-Step Guide

To make the withdrawal process as clear as possible, we’ve created the same step-by-step guide just as we’ve done for the deposits. When using crypto at a casino to cash out, remember that most operators prefer you take out the winnings in the same currency you’ve used to deposit.

Let’s go over the main steps you need to follow at any crypto casino to cash out winnings:

1. Open your casino account. Again, if you don’t have one and you like the operator’s offers, click the Sign Up button and create the account.
2. Go to the Cashier section or the Withdrawal button. Some casinos use a Deposit button, which lets you go to the Withdrawal section.
3. Select the coin you want to withdraw. Note the minimum and maximum limits, as well as the wagering requirements you have to clear to be able to take out the amount you want.
4. Open your crypto wallet and copy the address.
5. Paste the address in your casino account and enter the amount you want to take out.
6. Confirm the transaction and wait for your funds to arrive. This shouldn’t take more than a few minutes.

Note: Keep in mind that casinos generally have a pending period to review withdrawal requests before they approve them. Therefore, don’t panic if you don’t get the money right away. If the casino has a 24-hour pending time, you’ll receive the funds immediately after the finance team greenlights the transaction.

Conclusion

Depositing and withdrawing by using crypto coins is a huge benefit for most online casino players. This payment method allows fast and safe transactions, and it’s very simple to use. Just follow the steps we shared above and you’ll be transacting with your preferred cryptocurrency in no time!

Remember to always check for any limits and fees the casino might have and double-check the wallet address you want to use – of the casino and your own. Our recommendation is to always go over the Terms and Conditions of the operator to ensure your deposits and withdrawals go along without any problem.