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Topic: [Table] Withdrawal Fees and Withdrawal Amounts on Crypto Casinos - page 14. (Read 12234 times)

legendary
Activity: 2730
Merit: 7065
Farewell, Leo. You will be missed!
Thanks for the info. BK8 asks for KYC during the registration process so I can't check this information myself. But I will ask them to confirm the correct BTC amounts in their ANN thread.

I am interested to find out if the BTC amounts are constantly $135 or what they depend on. In my experience, many customer service agents don't understand or intentionally answer questions about withdrawal fees wrongly. Many will tell you that there are no fees on their casinos even though the player pays the BTC network fees. They don't consider that when giving the answer. FREE to me means that the player doesn't pay withdrawal fees to the casino nor the bitcoin mining fees. To many casinos, free only means that the casino doesn't charge any withdrawal fees, but the mining fees to send the transaction is still paid by the player.   
hero member
Activity: 1328
Merit: 563
MintDice.com | TG: t.me/MintDice
Interesting thread. Happy to see MintDice on there. MintDice will, in the future, offer unlimited free withdrawals to it's VIPs once that rewards program goes live. But for now, it was portrayed very accurately.
legendary
Activity: 3458
Merit: 1350
Hey Pmalek, perhaps you can add BK8 into the list since they have added the btc withdrawal back.
I have asked through live support about it and here is the btc withdrawal information:
Min withdrawal: 2M IDR or equal to $135 or 0.0068BTC at the current rate
Withdrawal fee: FREE , below is the screenshot of my conversation with the live support to confirm about the information.



Sorry it is in Indonesian language since I use the Indonesian version of the site but I can assure you that live support says BK8 covers the fee for the withdrawal.
legendary
Activity: 1820
Merit: 966
In Search of Incredible
E.g. Dynamic*

*Subject to change either through network fees or set by the operator
This is a good suggestion and I like it. I will go through the entire table and add a note that mentions dynamic fees wherever it's needed. Thanks!
It will reduce the load from the 'Withdrawal Fee' column if you replace the "Depends on network congestion. ~ $xx.xx at the time of writing" with the word dynamic. And the original post will get a clean look for that. You can also use this as an explanation of the dynamic fees at the bottom of the table

Quote
Dynamic fees work to detect changes in network volume and will raise or lower transaction fees accordingly. This means that the same transaction may require a higher fee during a period of network congestion, or a lower fee if sent during a period of decreased activity.
Source

You can use this to explain about the dynamic fees to the newbie user. Aslo use the statement which has been mentioned by UserU above. Because some operators (casino) charge a bit higher fee than the actual dynamic fee.
legendary
Activity: 2730
Merit: 7065
Farewell, Leo. You will be missed!
Worry not, it could be explained in a fine print located at the bottom of the table. Less hassle than rather having to update whenever someone posts a change like the above Smiley


E.g. Dynamic*

*Subject to change either through network fees or set by the operator
This is a good suggestion and I like it. I will go through the entire table and add a note that mentions dynamic fees wherever it's needed. Thanks!

In general, I would advise all casinos, without exception, to write such a warning in small print.  True, for players it is just like such a warning that you may not get anything at all, for example, by withdrawing $50 worth of Ethereum with a network commission of $48 Smiley (and there were such periods a year ago Smiley).
All casinos mention the total withdrawal fees in one way or the other. You won't find yourself in a situation where some funds are missing, but there was no mention of it on the withdrawal page.
legendary
Activity: 2702
Merit: 1465
True @Pmalek. Perhaps you could update the value to "Dynamic" or "Depends on network"?
For some casinos I have written that the fees depend on network congestion, and for others I have simply said at the time of writing or checking as in the case of 500Casino. I thought about standardizing it and using the term dynamic fees instead, but I though it might cause confusion among newbies and those who don't know what dynamic fees are. In that case, there would be questions about what the term means etc.

Worry not, it could be explained in a fine print located at the bottom of the table. Less hassle than rather having to update whenever someone posts a change like the above Smiley


E.g. Dynamic*

*Subject to change either through network fees or set by the operator

Yeah.  This is definitely a universal way out and justification for the possibility of a sudden increase in fees.  Legally, such links provide a guarantee that customers will not have reason to argue their rights if they feel that too much money has been taken from them.  And of course it is useless to go to court. 

In general, I would advise all casinos, without exception, to write such a warning in small print.  True, for players it is just like such a warning that you may not get anything at all, for example, by withdrawing $50 worth of Ethereum with a network commission of $48 Smiley (and there were such periods a year ago Smiley). 
And in general, there is nothing good in this.
hero member
Activity: 2016
Merit: 531
FREE passive income eBook @ tinyurl.com/PIA10
True @Pmalek. Perhaps you could update the value to "Dynamic" or "Depends on network"?
For some casinos I have written that the fees depend on network congestion, and for others I have simply said at the time of writing or checking as in the case of 500Casino. I thought about standardizing it and using the term dynamic fees instead, but I though it might cause confusion among newbies and those who don't know what dynamic fees are. In that case, there would be questions about what the term means etc.

Worry not, it could be explained in a fine print located at the bottom of the table. Less hassle than rather having to update whenever someone posts a change like the above Smiley


E.g. Dynamic*

*Subject to change either through network fees or set by the operator
legendary
Activity: 2730
Merit: 7065
Farewell, Leo. You will be missed!
True @Pmalek. Perhaps you could update the value to "Dynamic" or "Depends on network"?
For some casinos I have written that the fees depend on network congestion, and for others I have simply said at the time of writing or checking as in the case of 500Casino. I thought about standardizing it and using the term dynamic fees instead, but I though it might cause confusion among newbies and those who don't know what dynamic fees are. In that case, there would be questions about what the term means etc.
hero member
Activity: 2016
Merit: 531
FREE passive income eBook @ tinyurl.com/PIA10
True @Pmalek. Perhaps you could update the value to "Dynamic" or "Depends on network"?
legendary
Activity: 2730
Merit: 7065
Farewell, Leo. You will be missed!
Bitsler has reduced the minimum withdrawal amount from BTC0.00075 to BTC0.0005.
I have updated the new minimum withdrawal requirement for Bitsler. I have the feeling this casino makes small changes every couple of weeks.  Grin 

500Casino recently reduced the withdrawal fee to $1.09.
500 Casino's withdrawal fees depend on the network conditions at the moment someone requests a withdrawal. Last time I checked, it was $1.43, when you took a look it was $1.09, and right now it's $0.73. It doesn't make much sense to adjust these amounts regularly because they probably change them a few times a day. But nevertheless, thanks for the update!
legendary
Activity: 3136
Merit: 1870
Bitsler has reduced the minimum withdrawal amount from BTC0.00075 to BTC0.0005.

(screenshot of Bitsler's cashier page)


500Casino recently reduced the withdrawal fee to $1.09.

(screenshot from 500casino's withdrawal page)
legendary
Activity: 2730
Merit: 7065
Farewell, Leo. You will be missed!
I didn't see the wintomato and yasbet in your list Sir? These are new gambling sites in cryptocurrency, maybe it's good that you also look at these two to see if the system that this gambling platform has is okay.
Wintomato is not a new gambling platform They have been on Bitcointalk since the summer of 2021. They were initially mentioned in my thread but I removed them because I consider them to be scammers. You can read the reason why that is in this scam accusation that was launched against them some time ago and my replies in their ANN thread and the linked scam accusation thread.

I have heard about Yas.bet through the signatures I see around the forum. They are still relatively new and I always wait for a few months before adding a new casino. I am sure there are other sites similar to Yas.bet that could be added, but all in due time. 
legendary
Activity: 1568
Merit: 2581
Top Crypto Casino
Here is a list of those site where the internal exchange is available now: (LIST) Gambling sites with internal exchange.
Anyway, TXT and VITA isn't available at sportbet.one. They have SBET coin on their site.
I like having this internal exchanges in casino and I don't know why more websites are not supporting this option.
Maybe it has to do something with regulations because they don't have license for doing exchange work so they don't want risk having more problems, or it just adds more complications.
People could complain that rate was wrong, or they choose wrong coins, that is more extra work for support.

I'm not sure if it has anything to do with the regulators, but having an in-house exchange certainly adds a new level of complication for the casino. One of probably the biggest problems is maintaining liquidity across all wallets, which can ultimately affect their available bankroll. Imagine a situation where many players are constantly depositing and gambling in one currency, but all withdrawals are made in another currency. The casino would have a hard time keeping both of their wallets topped up all the time.
sr. member
Activity: 1666
Merit: 453
I didn't see the wintomato and yasbet in your list Sir? These are new gambling sites in cryptocurrency, maybe it's good that you also look at these two to see if the system that this gambling platform has is okay. I think it looks okay for him to be a new gambling place for gamblers in this industry Sir. This is just according to my opinion and view based on my experience playing here at wintomato if I'm not mistaken it's 0.3$ in withdrawal fee and the Minimum withdrawal is 15$ at yasbet I haven't tried it yet.
legendary
Activity: 2702
Merit: 1465
I am not sure that it's gone. According to one of their support articles, it depends on the player's location. They even suggest using a VPN if the feature isn't offered to you in your account. The information they offer is a bit contradictory though.

Here, take a look:

Quote
Unfortunately, we do not offer an exchange service on our platform.
Thus, if you wish to exchange your currency, you must first withdraw your currency to your personal wallet and exchange your currency through your personal wallet or through an exchange site.

Then there is this:

Quote
Alternatively, you can always choose the option “Deposit with Altcoin” where you can exchange any crypto you have to BTC, ETH or EOS. If this option is not available in your region, you can use a VPN to change your location.
I can't share a source to this info because it's information available through their live chat.

This makes it sound like the exchange only works when the coins are being deposited to the platform. I checked with their support and they confirmed that to be true. When you are on the deposit tab, you can click on the "More" option in the list of coins, and that allows you to select which crypto you are depositing and which one you want to receive. The receiving one can only be BTC, ETH, or EOS.

Ah, so it works differently. I don't have access to it so that's more of a regional thing.


There are lots of casinos where the bank deposit/fiat money deposit system is available. This system is available in both sportbet.one and TrustDice. I was wondering why he has written the internal exchange for sportbet.one and TrustDice only! If I'm not wrong then I have never seen the internal crypto exchange system at those sites.

Yup. No problem from fiat to crypto but man, the fees and spreads are extortionate. PayPal of crypto.

I have yet to see one as well, but perhaps it could be restricted to select regions or players as it's highly abusable.
Unfortunately, a VPN cannot always help you get to the site you need, and even more so to achieve the withdrawal of some money and fiat and cryptocurrency to your wallet. 
The fact is that VPN servers are well known to many site administrators and they are often added to prohibited servers.  And then the effect of the VPN will be zero.  And they can also write you specifically "DO NOT USE VPN!". 
And then you really have to go to another country to get your money.  And you also need to know from which country the money transfer will take place without problems.
hero member
Activity: 2016
Merit: 531
FREE passive income eBook @ tinyurl.com/PIA10
I am not sure that it's gone. According to one of their support articles, it depends on the player's location. They even suggest using a VPN if the feature isn't offered to you in your account. The information they offer is a bit contradictory though.

Here, take a look:

Quote
Unfortunately, we do not offer an exchange service on our platform.
Thus, if you wish to exchange your currency, you must first withdraw your currency to your personal wallet and exchange your currency through your personal wallet or through an exchange site.

Then there is this:

Quote
Alternatively, you can always choose the option “Deposit with Altcoin” where you can exchange any crypto you have to BTC, ETH or EOS. If this option is not available in your region, you can use a VPN to change your location.
I can't share a source to this info because it's information available through their live chat.

This makes it sound like the exchange only works when the coins are being deposited to the platform. I checked with their support and they confirmed that to be true. When you are on the deposit tab, you can click on the "More" option in the list of coins, and that allows you to select which crypto you are depositing and which one you want to receive. The receiving one can only be BTC, ETH, or EOS.

Ah, so it works differently. I don't have access to it so that's more of a regional thing.


There are lots of casinos where the bank deposit/fiat money deposit system is available. This system is available in both sportbet.one and TrustDice. I was wondering why he has written the internal exchange for sportbet.one and TrustDice only! If I'm not wrong then I have never seen the internal crypto exchange system at those sites.

Yup. No problem from fiat to crypto but man, the fees and spreads are extortionate. PayPal of crypto.

I have yet to see one as well, but perhaps it could be restricted to select regions or players as it's highly abusable.
legendary
Activity: 2002
Merit: 1255
Logo Designer ⛨ BSFL Division1
Here is a list of those site where the internal exchange is available now: (LIST) Gambling sites with internal exchange.
Anyway, TXT and VITA isn't available at sportbet.one. They have SBET coin on their site.
I like having this internal exchanges in casino and I don't know why more websites are not supporting this option.
Maybe it has to do something with regulations because they don't have license for doing exchange work so they don't want risk having more problems, or it just adds more complications.
People could complain that rate was wrong, or they choose wrong coins, that is more extra work for support.
legendary
Activity: 2730
Merit: 7065
Farewell, Leo. You will be missed!
Here is a list of those site where the internal exchange is available now: (LIST) Gambling sites with internal exchange.
Since the number of such casinos is rather big, I have decided to remove the mention of supported internal exchanges from the table and instead I linked to that thread in the OP. I will also post in AmoreJaz's thread and advice him to add Chips.gg. I can confirm that panjul07 is right and there is now an available swap feature. 

Anyway, TXT and VITA isn't available at sportbet.one. They have SBET coin on their site.
That's a new update. Done.
legendary
Activity: 1820
Merit: 966
In Search of Incredible
My educated guess would be an external gateway for deposits. For instance, you want to purchase crypto with fiat since you don't have any to deposit, there's MoonPay.
There are lots of casinos where the bank deposit/fiat money deposit system is available. This system is available in both sportbet.one and TrustDice. I was wondering why he has written the internal exchange for sportbet.one and TrustDice only! If I'm not wrong then I have never seen the internal crypto exchange system at those sites.

Those sites have (or used to have in case it's no linger available) a simple exchange that allows you to swap one asset for the other. The list of casinos that have that could be even longer, but they might just be located elsewhere and away from the payment or withdrawal tabs.
Here is a list of those site where the internal exchange is available now: (LIST) Gambling sites with internal exchange.
Anyway, TXT and VITA isn't available at sportbet.one. They have SBET coin on their site.
legendary
Activity: 2730
Merit: 7065
Farewell, Leo. You will be missed!
In that case, TrustDice doesn't have it anymore.
I am not sure that it's gone. According to one of their support articles, it depends on the player's location. They even suggest using a VPN if the feature isn't offered to you in your account. The information they offer is a bit contradictory though.

Here, take a look:

Quote
Unfortunately, we do not offer an exchange service on our platform.
Thus, if you wish to exchange your currency, you must first withdraw your currency to your personal wallet and exchange your currency through your personal wallet or through an exchange site.

Then there is this:

Quote
Alternatively, you can always choose the option “Deposit with Altcoin” where you can exchange any crypto you have to BTC, ETH or EOS. If this option is not available in your region, you can use a VPN to change your location.
I can't share a source to this info because it's information available through their live chat.

This makes it sound like the exchange only works when the coins are being deposited to the platform. I checked with their support and they confirmed that to be true. When you are on the deposit tab, you can click on the "More" option in the list of coins, and that allows you to select which crypto you are depositing and which one you want to receive. The receiving one can only be BTC, ETH, or EOS.
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