Deposits and withdrawals at crypto casinos work differently than at regular online casinos. You typically use a crypto wallet, choose a blockchain network, and pay network fees. If you pick the wrong network, the transfer can become both expensive and messy. In this guide, we walk you through how to make deposits with cryptocurrency or fiat, how withdrawals work, and what to keep in mind when it comes to fees, minimum amounts, and transaction times.
Deposits at crypto casinos
There are two main routes for depositing at a crypto casino. Either you transfer cryptocurrency to a specific blockchain address, or you buy crypto with fiat as part of the deposit. See the explanations below.
Deposit with cryptocurrency from your own wallet
The simplest way to make a deposit is to transfer cryptocurrency from your own crypto wallet. The deposit then works as follows:
- Deposit (Crypto) - Choose “Deposit” on your account. Most sites then let you pick between “crypto” or “fiat”. In this case, choose crypto.
- Pick cryptocurrency and network - Choose which cryptocurrency you want to deposit. Most casinos support 20 to 50 different coins. Then pick which blockchain (network) you hold them on. That could be BNB or Ethereum, for example.
- Option 1: send to the deposit address - You now have two options. The first is to copy the “Deposit address” shown on screen. Paste it into your crypto wallet, set the amount, and send the transfer. You can also scan the QR code shown on the page to import the address directly.
Keep in mind that there is usually a minimum deposit amount. Deposits below that threshold are not credited to your account. - Option 2: connect wallet (WalletConnect) - The other option is to connect a crypto wallet to the casino and transfer directly. This works with browser wallets such as MetaMask, Base, and Trust Wallet.
The upside is that the address is set automatically through the transaction request sent to your wallet. The downside is a higher risk of fraudulent transactions slipping through. We therefore recommend the first option.
Your casino balance updates as soon as the transaction is confirmed. Read more under “Fees and timings on deposits”.
Card deposit: buy crypto with fiat
The second deposit option is a traditional card payment. In this case, cryptocurrency is bought automatically and your balance in the chosen coin goes up. It works like this:
- Deposit (Fiat / Buy Crypto) - Choose “Deposit” on your account, then “Fiat” or “Buy Crypto”.
- Pick currency, cryptocurrency, and amount - Deposits can usually be made in USD, but you can also pick EUR or another currency. The card processor then handles the FX automatically at the time of the transaction.
Choose which cryptocurrency you want to buy. For price stability, you can pick a stablecoin such as USDT or USDC. If it is a strict Bitcoin-only casino, that choice is not available and the buy is always in Bitcoin. - KYC: ID verification required - The buy is processed by a third party that always requires KYC by law. You will need to fill in personal details and confirm your identity before the buy can go through.
Be careful about handing over ID documents. Where possible, we recommend depositing from your own crypto wallet (see the guide above) instead. KYC is not required when depositing crypto from your own wallet. - Approve the card payment - The last step is to approve the card transaction. Depending on your bank and card issuer, this can work slightly differently. In general, it is fast and straightforward.
Fees and timings on deposits
Crypto casinos do not charge a fee for cryptocurrency deposits to your account. Other fees, however, can apply.
On a cryptocurrency transfer, you always pay a network fee (transaction fee). Depending on the blockchain, this fee can vary a lot. The fee is normally shown in the wallet you are sending from, before you confirm the transfer.
On a fiat transfer that is used to buy crypto, you can run into FX fees. The exchange rates are also rarely the best ones available. That is one more reason to prioritize transfers from a crypto wallet.
Transaction time
Depending on the blockchain in use, the transfer of crypto to the casino takes different amounts of time. It usually takes anywhere from a few seconds to a few minutes. Use a block explorer if you want to follow the transaction in real time.
What to keep in mind on deposits
- Deposit from your own wallet - Only transfer to crypto casinos from your own crypto wallets, not from exchanges such as Coinbase or Binance. Exchanges sometimes block these transfers.
- Check that you are using the right network - Many cryptocurrencies run on several different blockchains. When you deposit, it is important that the transfer happens on the same blockchain on both ends. For example, Ether is supported on Ethereum, Base, Polygon, and zkSync, among others.
- First deposit and bonus - Most crypto casinos offer a welcome bonus on your first deposit. Keep that in mind so you do not transfer just 1 USDC on the first deposit and burn the bonus.
Withdrawals from crypto casinos
A withdrawal from a crypto casino has a lot in common with a deposit. There are also a few differences worth understanding. Withdrawals work like this:
- Withdraw - Choose “Withdraw” on your account. Some sites also call it “Cashout” or “Transfer”.
- Pick cryptocurrency and network - Most crypto casinos support several different cryptocurrencies. You therefore need to choose which coin you want to withdraw and on which blockchain (network). In the screenshot above, the withdrawal is in USDC on the Polygon PoS blockchain.
- Enter the withdrawal address - Open your crypto wallet on desktop or mobile and check the blockchain address for the chosen coin and chain. Copy the address and paste it into the “Withdraw Address” field on the casino.
- Confirm the withdrawal - Check that all the details are correct, then submit the withdrawal.
Fees, timings, and minimum withdrawal
Both fees and transaction times on withdrawals differ from those on deposits. This is worth checking before you deposit. Otherwise, you risk a lock-in effect where withdrawals cannot be processed.
Minimum withdrawal amount
There is always a minimum amount that you can withdraw. This figure can vary a lot between cryptocurrencies and blockchains.
Bitcoin usually has a high minimum withdrawal amount. If the casino has a swap function, you can swap to USDC, for example, for a lower withdrawal threshold.
Fee
Many casinos charge a withdrawal fee. This is to cover the network cost they take on when settling a transaction on a blockchain. The fee can vary both between cryptocurrencies and across the blockchains they run on. It is typically a flat amount per coin and chain.
Some casinos charge no fee at all, and some charge the same flat fee on every cryptocurrency.
Transaction time
Withdrawals are usually fast, and the cryptocurrency lands at the address you submitted within minutes. Plan for a few minutes of transaction time. If customer support has to review the transaction, for example on a large amount, it can take several hours or up to a day.
What to keep in mind on withdrawals
- KYC may be required on withdrawal - Many crypto casinos do not require KYC at sign-up. When you want to withdraw, however, you may need to verify your identity. This is especially common on larger amounts.
- Check that you are using the right network - Just like on deposits, it is important to specify the right blockchain (network) on withdrawals. USDC, for example, runs on around ten different chains. The wrong details can cost you the entire amount.
- Withdrawals can void your bonus - If you have claimed a deposit bonus with wagering requirements, the bonus can be voided when you withdraw. Check how far you have come on the wagering requirements before you withdraw.
