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Payment methods at Velobet Casino
Check Fees Per Payment Method Before First Deposit
No fees are charged for deposits via Banküberweisung, Litecoin (LTC), Bitcoin (BTC), or MiFinity, with minimum deposits starting at 10 EUR for MiFinity and 20 EUR for the others. Network fees may apply for cryptocurrency transactions, but these are typically low. Players should be aware that while the casino itself does not charge for these deposits, their own bank or cryptocurrency network might incur minor charges.
Prepaid methods like CashLib and Neosurf allow deposits from 10 EUR with no fees from the casino, but they do not support withdrawals. Similarly, Paysafecard and CashtoCode eVoucher also facilitate instant deposits starting at 10 EUR without casino fees, but these are strictly one-way transactions. This means players must select an alternative method for cashing out winnings.
For transactions via Visa / Mastercard or Neteller, deposits are instant and free of casino charges, starting from 10 EUR. While Visa withdrawals are possible within 1-3 business days, Neteller offers withdrawals within 0-24 hours, also without additional casino fees. Bank transfer deposits and withdrawals are also free of casino fees, with minimums of 20 EUR and limits up to 10,000 EUR.
Start Verification Before First Withdrawal is Due
To initiate withdrawals, players must complete a Know Your Customer (KYC) process, which involves submitting an ID and proof of address. This verification typically takes 24-48 hours to process, meaning it should be started proactively. The proof of address document should not be older than 3 months to be considered valid by the casino.
The verification process is a mandatory step before the first withdrawal can be processed, regardless of the deposit method used. For instance, if a player deposits using Litecoin (LTC) and wishes to withdraw, the KYC check must be completed first. This measure is standard practice in online gaming for security and regulatory compliance.
Failure to complete KYC verification in a timely manner can delay withdrawal requests. For example, if a player makes a deposit of 100 EUR and requests a withdrawal, the process will be on hold until their documents are approved, which can take up to 48 hours after submission.
Trustly and Sofort: Payment Directly from Bank Account
While Trustly and Sofort are not explicitly listed as payment methods in the provided data, Banküberweisung is available for deposits and withdrawals. This method allows for transactions directly from a bank account, with deposits taking 1-3 business days and withdrawals between 3-5 business days. Minimum deposit and withdrawal amounts are set at 20 EUR.
For players who prefer direct bank transfers, Banküberweisung offers a reliable option with limits up to 10,000 EUR for both deposits and withdrawals. While the casino does not charge any fees for this service, it is important to note that individual banks might apply their own transaction fees. Deposits are processed within 1-3 business days.
This direct bank transfer method ensures that players do not need to use third-party e-wallets or prepaid cards for all their transactions, offering a more traditional banking approach. The absence of casino-imposed fees on Banküberweisung deposits and withdrawals, coupled with a high withdrawal limit of 10,000 EUR, makes it an attractive option for many.
1,000, 5,000, or 10,000 EUR Limit
Transaction limits vary significantly across different payment methods, with some capped at 1,000 EUR. For example, prepaid options such as CashLib, Neosurf, Paysafecard, and CashtoCode eVoucher all have a maximum transaction limit of 1,000 EUR per transaction. These methods also do not support withdrawals.
Higher transaction limits are available for methods like Visa / Mastercard, which allow deposits up to 5,000 EUR. This card-based payment option also facilitates withdrawals within 1-3 business days. For players seeking the highest transaction limits, methods such as Banküberweisung, Litecoin (LTC), Bitcoin (BTC), MiFinity, Dogecoin (DOGE), Neteller, Binance Pay, and USDT (TRC-20) all support limits of up to 10,000 EUR.
The 10,000 EUR limit is accessible through various payment types, including cryptocurrencies and e-wallets, with most offering instant deposits and withdrawals within 0-24 hours. For instance, a player can deposit or withdraw up to 10,000 EUR using MiFinity or Bitcoin (BTC), making these suitable for high rollers.
Deposit Payment Method: Card, Crypto, or Bank Transfer
Players can make deposits using a variety of methods, including cards like Visa / Mastercard, cryptocurrencies such as Bitcoin (BTC) and Litecoin (LTC), or through direct bank transfers via Banküberweisung. Each method has different processing times, with card and bank transfers taking longer than instant crypto deposits.
Cryptocurrency deposits are generally processed quickly, with Bitcoin (BTC) taking 10-60 minutes and Litecoin (LTC) taking 5-30 minutes, both starting from 20 EUR. Banküberweisung deposits, on the other hand, can take 1-3 business days to clear, with a minimum deposit requirement of 20 EUR and a maximum limit of 10,000 EUR.
For players opting for card payments, Visa / Mastercard deposits are instant and start from 10 EUR, with a transaction limit of up to 5,000 EUR. Withdrawals via Visa are also available within 1-3 business days, offering a convenient option for those who prefer traditional payment channels.
Payment methods, limits and fees
| Method | Type | Deposit | Withdrawal | Min. Deposit | Limit | Fees |
|---|---|---|---|---|---|---|
| Visa / Mastercard | card | Instant | 1-3 Business Days (Visa) | 10 EUR | 10 - 5.000 EUR | None |
| MiFinity | e-wallet | Instant | 0-24 Hours | 10 EUR | 10 - 10.000 EUR | None |
| Neteller | e-wallet | Instant | 0-24 Hours | 10 EUR | 10 - 10.000 EUR | None |
| Bitcoin (BTC) | crypto | 10-60 Minutes | 0-24 Hours | 20 EUR | 20 - 10.000 EUR | None (Network Fee Only) |
| Dogecoin (DOGE) | crypto | 5-30 Minutes | 0-24 Hours | 20 EUR | 20 - 10.000 EUR | None (Network Fee Only) |
| Litecoin (LTC) | crypto | 5-30 Minutes | 0-24 Hours | 20 EUR | 20 - 10.000 EUR | None (Network Fee Only) |
| USDT (TRC-20) | crypto | Instant (1-5 Minutes) | 0-24 Hours | 20 EUR | 20 - 10.000 EUR | None (Low Network Fee) |
| CashLib | prepaid | Instant | Not Available | 10 EUR | 10 - 1.000 EUR | None |
| Paysafecard | prepaid | Instant | Not Available | 10 EUR | 10 - 1.000 EUR | None |
| Banküberweisung | bank | 1-3 Business Days | 3-5 Business Days | 20 EUR | 20 - 10.000 EUR | None (Bank Fees Possible) |
Documents older than 3 months rejected
Identification documents submitted for verification must not be older than 3 months. This requirement applies to both proof of identity and proof of address. Failure to comply with this age restriction will result in the rejection of the submitted documents during the Know Your Customer (KYC) process. Players must ensure they provide the most recent documentation available to facilitate a smooth verification.
The casino's KYC procedure necessitates the submission of a valid ID and proof of address, with the latter not exceeding a 3-month age limit. This measure is in place to confirm the player's current residential status and identity. If documents older than 3 months are provided, they will not be accepted, potentially delaying the account verification process for players.
Adhering to the 3-month validity rule for submitted documents is crucial for successful verification. For instance, if a utility bill used as proof of address was issued more than 3 months ago, it will be deemed invalid. Players should be prepared to provide up-to-date records to meet the casino's security standards promptly.
Initiate Withdrawal in 0 to 24 Hours
Withdrawal requests can be initiated and processed by the casino within a timeframe of 0 to 24 hours. This applies to several payment methods, including USDT (TRC-20) and Neteller, which offer near-instantaneous payout processing from the casino's end. Players can expect their funds to be released from the casino's system within this window.
For cryptocurrencies like USDT (TRC-20) and Dogecoin (DOGE), withdrawals are processed within 0-24 hours, with an additional network confirmation time. Similarly, e-wallets such as Neteller and MiFinity also fall within this 0-24 hour processing window. This rapid turnaround ensures players can access their winnings efficiently once approved.
While the casino aims for a 0-24 hour processing time for withdrawals, the actual receipt of funds depends on the chosen method. For instance, Visa withdrawals may take 1-3 business days after the casino's internal processing. However, the initiation of the withdrawal by the casino itself remains within the specified 0-24 hour period for most methods.
0 hours waiting time: when that is realistic
A 0-hour waiting time for withdrawals is realistic for certain payment methods immediately after the casino approves the transaction. This is primarily achievable with cryptocurrencies such as USDT (TRC-20) and Binance Pay, as well as e-wallets like Neteller and MiFinity. These methods facilitate instant fund transfers from the casino's platform.
The '0 hours' waiting time signifies the immediate processing of funds by the casino upon request, not necessarily the instant arrival in the player's account. For example, Binance Pay withdrawals are processed within 0-2 hours by the casino, and if the network conditions are favourable, the player could see funds very rapidly. This is distinct from methods like bank transfers.
This rapid transfer capability is most evident when using digital payment solutions. Cryptocurrencies, with their blockchain technology, and established e-wallets, are designed for speed. For instance, USDT (TRC-20) withdrawals, after the casino's 0-24 hour processing, can be received almost instantly by the player, making the 0-hour expectation a tangible reality for these options.
KYC 24 to 48 hours before withdrawal
The Know Your Customer (KYC) verification process typically takes between 24 to 48 hours to complete. This check is mandatory and must be finished before any withdrawal can be processed. Players are advised to submit their verification documents well in advance of planning a withdrawal to avoid delays.
During the KYC phase, the casino reviews submitted identification and address proof, a process estimated to take 24-48 hours. This is a critical step required prior to the first withdrawal. If a player requests a withdrawal before their KYC is fully processed, it will be held until the verification is confirmed.
To ensure timely access to funds, initiating the KYC process early is recommended. For example, if a player aims to withdraw funds on a Friday, they should ideally have completed their KYC verification, which takes 24-48 hours, by Wednesday or Thursday at the latest. This proactive approach minimizes potential waiting periods.
Link USDT TRC-20: Select the Correct Network
When depositing or withdrawing using USDT, it is imperative to select the correct network, specifically TRC-20, to ensure successful transactions. This network is supported by the casino for USDT transactions, offering instant deposits and withdrawals within 0-24 hours. Using an incorrect network can lead to lost funds.
The TRC-20 network for USDT transactions at this casino has a minimum transaction limit of 20 EUR and a maximum limit of 10,000 EUR. Importantly, there are no casino-imposed fees, only the standard low network fee associated with the TRC-20 blockchain. This makes it a cost-effective method for larger transactions.
Selecting the TRC-20 network for USDT ensures compatibility and efficient processing. For instance, a player depositing 100 USDT via TRC-20 will see the funds reflect almost instantly. Conversely, if USDT is sent on an unsupported network, such as ERC-20, the funds may not reach the casino account, highlighting the importance of network selection.
Bitcoin Deposit: Transaction Fee Separate from Amount
A Bitcoin deposit at Velobet Casino is processed with a transaction fee that is separate from the deposited amount. This cryptocurrency option allows for deposits ranging from a minimum of 20 EUR up to a maximum of 10,000 EUR. Users should be aware that network fees apply in addition to the deposit value itself, though these are typically low.
The deposit time for Bitcoin is stated as between 10 to 60 minutes, offering a relatively swift transfer of funds. Unlike some other methods, Bitcoin's transaction fee structure means the exact cost can fluctuate based on network congestion. This differs from methods like Visa/Mastercard where fees are usually absent.
For players intending to deposit via Bitcoin, budgeting for the additional network fee is crucial to ensure the full intended amount reaches their account. This means that a 100 EUR deposit might require slightly more than 100 EUR to be sent due to these variable charges.
2,000 Euro Bonus: Which Deposit is Needed?
The 300% welcome bonus at Velobet Casino can reach up to 2,000 EUR, with 100 free spins accompanying it. To maximize this bonus, a deposit of approximately 667 EUR would be required (2,000 EUR divided by 300% equals 666.67 EUR). This substantial bonus is available to new players upon their initial deposit.
Several deposit methods are eligible for this bonus, including cryptocurrencies like Litecoin (LTC) and Dogecoin (DOGE), as well as traditional methods like Visa/Mastercard. The minimum deposit for most of these methods, such as Litecoin, is 20 EUR, making the bonus accessible even with smaller initial funding, though the full 2,000 EUR bonus requires a much larger deposit.
Players should note that certain methods, such as Paysafecard, CashtoCode eVoucher, and Neosurf, have a maximum deposit limit of 1,000 EUR, which would cap the potential bonus received. Therefore, to reach the 2,000 EUR bonus ceiling, methods with higher limits like Bank Transfer or USDT (TRC-20) are necessary for the qualifying deposit.
50 EUR budget: which method fits
For a player with a 50 EUR budget, several deposit methods at Velobet Casino are suitable, with a minimum deposit requirement of 10 EUR or 20 EUR for most options. Methods like Paysafecard, CashtoCode eVoucher, and Neosurf all accept a minimum deposit of 10 EUR and are excellent for budget-conscious players.
Using a 50 EUR budget with Paysafecard means the entire amount can be deposited instantly without any fees, and the limit for this card is up to 1,000 EUR. Similarly, CashtoCode eVoucher and Neosurf offer the same 10 EUR minimum and 1,000 EUR maximum limits, ensuring a 50 EUR deposit is well within range.
If a player opts for a cryptocurrency like Dogecoin (DOGE) or Litecoin (LTC), the minimum deposit is 20 EUR, meaning a 50 EUR deposit is also feasible. These crypto options process deposits within 5 to 30 minutes and have no additional fees from the casino side, though network fees may apply.
Cryptocurrencies: Credit in 10 to 30 Minutes
Several cryptocurrencies are available for deposits at Velobet Casino, including Bitcoin (BTC), Litecoin (LTC), and Dogecoin (DOGE). These digital assets offer a range of deposit times, with Bitcoin typically taking between 10 to 60 minutes to reflect in the account. This speed is generally faster than traditional bank transfers.
Litecoin (LTC) and Dogecoin (DOGE) deposits are processed more rapidly, crediting the player's account within 5 to 30 minutes. All these crypto options have a minimum deposit of 20 EUR and a maximum limit of 10,000 EUR per transaction. USDT (TRC-20) also offers quick deposits, often within 1 to 5 minutes.
While the casino does not charge fees for cryptocurrency deposits, players must account for potential network fees associated with each blockchain transaction. These fees can vary and are separate from the deposited amount, meaning a 20 EUR deposit might require slightly more to cover the network charge, but the funds generally appear within the specified timeframes.
Litecoin vs. Dogecoin: Speed and Fees
Both Litecoin (LTC) and Dogecoin (DOGE) are offered as deposit methods at Velobet Casino, catering to players who prefer cryptocurrency. They both share a deposit processing time of 5 to 30 minutes, ensuring funds are available for play relatively quickly. The minimum deposit for both is set at 20 EUR.
In terms of fees, neither Litecoin nor Dogecoin incurs additional charges from Velobet Casino for deposits. However, as with all cryptocurrency transactions, network fees inherent to the blockchain may apply. These are typically minor and are paid to the network validators rather than the casino itself.
Both Litecoin and Dogecoin transactions allow for deposits ranging from 20 EUR up to 10,000 EUR, providing flexibility for both casual players and high rollers. The withdrawal processing time for these cryptocurrencies is also competitive, ranging from 0 to 24 hours, with only network fees applicable.
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