How to Easily Withdraw Your Earnings From Crypto Casinos
As the emerging technology of crypto casinos keeps getting better, many punters who are still new to this developing method of earning money or cryptocurrency directly have been asking a series of questions. To them, how easily can a punter withdraw his winnings from any of the legitimate crypto casino platforms without unnecessary delays? Certainly, this kind of concern is genuine, as many people online real money casinos still experience similar issues.
However, if you’re one of the punters seeking to get a satisfactory answer to this question, you are on the right page. So without wasting any of your time, here is how you can easily withdraw your earnings from crypto casinos.
Step-by-Step Method to Withdraw from Crypto Casinos
Before any punter can withdraw from a crypto casino platform, it is assumed that such a punter has registered with a particular bitcoin casino. He must have also deposited cryptocurrencies in his crypto casino account. Also, it is believed that he must have played some games on the platform, and eventually won these games to stand a chance to withdraw his crypto casino’ earnings.
It is after punters must have won on a crypto casino’s platform, that is the time, he can withdraw their earnings. To withdraw your earnings on the crypto casino platform, follow these simple steps:
● Step 1: Open an account on the Binance platform to get your personal online Bitcoin wallet.
● Step 2: Following your Binance account creation, proceed to the “Spot” button, then click on “Spot wallet” and click on “Deposit”.
● Step 3: Continue by selecting the cryptocurrency of your choice in the drop-down menu, and subsequently copy the deposit address on the right of your computer screen.
● Step 4: Go back to the crypto casino platform where you need to withdraw and go to the withdraw page.
● Step 6: On this page, you will provide your Binance address. Do not forget to check that you can only be able to withdraw in the same cryptocurrency that is in your wallet. For example, a Bitcoin address can only be used to receive Bitcoin, while an Ethereum address can only be used to withdraw Ethereum.
● Step 7: Submit the withdrawal process by validating the task, and then wait for your funds to drop in your cryptocurrency/Binance wallet.
● Step 8: At this point, if you want, you can convert your cryptocurrency to the real currency of your choice like dollars, euros, pounds, etc.
Processing Period
One of the advantages of crypto casinos over other conventional online casinos is the speed at which the transaction is conducted on the platform. This is because there are generally no middlemen, between the crypto casino platform and the punters. Hence, transactions are expected to run faster, which can easily be completed in a matter of minutes, or a few hours. However, despite the expected speed without delay, some crypto casino websites can delay the process of payment depending on personal reason which is outside the cryptocurrency blockchain technology.
Generally, the best crypto casino platform quickly releases the punter’s winnings immediately after they provide the necessary details to receive their earnings. In most cases, it takes a couple of minutes without delay. In case you notice there is a delay of more than a day in the processing time of withdrawal from the crypto casinos platform, we advise that punters should contact the crypto casinos platform with evidence of their winnings, and request made for their earnings.
Is there Crypto Casinos Withdrawal Fees?
Another advantage of playing in a bitcoin casino is the opportunity to withdraw your earnings with little or no charges. Usually, the crypto casinos do not charge any withdrawal fees whenever the punter is about to withdraw his earnings. However, it has been observed that the blockchain like Binance where your cryptocurrency account is located can charge some negligible fee since you are getting your earnings from a third-party platform outside the inter-crypto exchange platforms.
Aside from these very few withdrawal charges, punters can then enjoy their winnings in full, after converting them to the currency of their choice at a faster rate.
What you should know about Withdrawal from Crypto Casinos
Withdrawal from crypto casinos platform is generally expected to be easy. This is because the technology is safe, without middlemen, and can be quickly used by punters. Also, punters should understand that withdrawal is irreversible. Once the steps or process in withdrawing on crypto casinos is completed, the cryptocurrency will go directly into the blockchain platform within a couple of minutes or hours without delay.
Again, Punters should be well aware, that usually, the charges on withdrawal often come from the blockchain used to withdraw the earnings rather than the crypto casino platform.
Another thing to note is that punters can only be able to withdraw from the crypto casino platform using a cryptocurrency account that matches the type of cryptocurrency being withdrawn. For example Bitcoin to Bitcoin account. Also, one other thing to understand is that you only get to convert your winnings on crypto casinos to real money on the blockchain platform. This also makes the process easier and free of any suspicion which may arise in the conversion or exchange rate.
Final Note
To withdraw from crypto casino is not rocket science. And this simple process should not be what will keep any interested punters away from the opportunity to earn big crypto casino platforms. Now that the process of withdrawing from the crypto casino has been demystified in simple steps, punters are well advised to visit the best crypto casino out there and carefully register their accounts. After registration, punters would need to deposit into their account using the cryptocurrency that matches the blockchain account they possess for easy withdrawal. After depositing into their account, punters can now play any game of their choice and hope to win big at the end of the day. For more information on crypto, casino, and gambling, always visit here.
