How to Withdraw Money From an Online Casino?

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There are so many online casinos that it is almost impossible to choose where exactly to play your favourite games. To be honest, the best casinos are those where you can freely deposit and withdraw money. The good thing is that our casino is one of the best in the industry and the payouts are made speedily.

Definitely, there are many other online casinos where the withdrawing process is also easy and fast. This is the reason why we have created this article: to keep you informed about how fast you can receive your funds and how to do that. After all, we need to be sure that we can trust our money to a casino and whether we will be able to withdraw it later. You should immediately leave any online casino where you will be required to meet impossible wagering conditions with no real chance to withdraw your funds.

What Should I Do Before Requesting a Withdrawal?

Most casino brands have similar rules for withdrawals. For example, they ask you to provide some documents, so that they verify your identity, age, and residence. Gambling laws prevent minors and people from certain countries from playing for real money, so identity checks are obligatory.

Our brand is one of those casinos where the identity verification procedure is required for requesting withdrawals. But do not worry, it will take no more than 24-48 hours, and your data will be absolutely secure. There are some other things you will be required to do before requesting a withdrawal:

  • Pass the KYC verification process (provide your ID/Driver License/Passport, Proof of Address and Payment Method)
  • Be sure that all your bonus funds are wagered
  • Make sure you have covered the minimum withdrawal amount set in the terms and conditions
  • Follow all the conditions for withdrawing strictly in order to your payout request not get rejected

3 Steps to Follow For Withdrawing Money From an Online Casino

The procedure of paying out is standard across the majority of online casinos and there is nothing difficult about it. We have studied the terms of different casinos and gathered all the essential information together. So, here are the steps which you have to follow to get your money:

  1. Make sure you have enough funds before requesting the withdrawal since any site has its minimum withdrawal limit.
  2. Go to the banking page of your casino account and choose a preferred payment method.
  3. Type the amount you wish to cash out and send out the withdrawal request.

If you manage to pass the verification process successfully, you will get your money very soon. Actually, different online casinos have different paying time frames. If there are any troubles with your withdrawal, the selected online casino will contact you, providing you with more information about the issue.

There will be a concise explanation to why your request for paying out was declined. The most common reason for rejecting withdrawal requests is incomplete wagering requirements for a bonus. However, you shouldn’t worry: your funds will not be lost due to withdrawal rejection. Instead, they will be simply returned to your account.

How Fast Can I Receive My Money?

Before requesting a withdrawal, you will have to wait some hours or days in order to see the money in your bank account or eWallet. This is the so-called payment processing time. Every online casino has a payment department, which receives hundreds of withdrawing requests daily.

This means that not all of your payouts will be processed immediately. Usually, these departments are doing their best to approve your requests as far as possible. But the procedure needs checking all the terms mentioned above and takes time, especially in the first time.

When your payment is approved, the ball will be in the field of your bank holder or eWallet company. For instance, if you have requested your funds using the Bank Transfer payout, you will have to wait a while. Usually, the banks need 3-9 business days before they can process your transactions. Card payments are processed faster, in 3-7 days.

eWallet as a Payment Method, Is It Faster?

The best thing about requesting a payment through your most favourite eWallet is the fact that you will get your money almost instantly. Many online casinos have big selections of online payment methods. The most popular options are Trustly, Skrill, Neteller, ecoPayz, YandexMoney and even WebMoney. All of them are classified as online wallets and they have no commissions (or very low commissions) and all transactions are happening practically immediately. The time you have to wait for them is not more than 24 hours.

Payments With Cryptocurrencies

You can also choose to get your money in a certain cryptocurrency. Nowadays, everyone is very passionate about Bitcoins or Litecoins. The truth is that there are very few online casinos accepting cryptocurrencies as they are still something new in the industry. Getting money as Bitcoins is usually processed as quickly as eWallet operations. Another good thing is that there are secure eWallets which allow you to trade with cryptocurrencies.

Conclusion

All in all, online casinos offer various payment methods. Deposits are always instant, while payout time varies depending on the necessity of verification, fulfilled requirements, approval period, and your bank or eWallet.

Perhaps, the most important thing when it comes to choosing a casino is whether it pays players’ prizes and how long it takes. So, you need to study true reviews and check if a casino is legal. It is real to find a good casino. One of the best options is the Crazy Fox online casino as you will never have problems withdrawing your funds from your account here.

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