Bitcoin has become a very popular banking method at casinos in recent years, and this includes using Bitcoin to withdraw your winnings. A few years ago, it was quite difficult to find casinos that allowed Bitcoin withdrawals, but it is much easier these days. In fact, most top casinos allow bitcoin payouts now. Find out what makes bitcoins such a popular withdrawal method with Casino US.
Casinos Accepting Bitcoin Withdrawals
Bitcoin Withdrawal Amounts
One of the best things about using Bitcoin for your payouts is the withdrawal amounts. Players will need to check with their selected casino site to check the minimum withdrawal amount, as well as the maximum payout permitted. These limits change from casino to casino, so we cannot stress how important it is to check these. However, as a general rule of thumb, the minimum withdrawal amount when using Bitcoin should be the same as other payout methods. At most casinos, this will be between $100 and $150 but could be higher or lower. Things get really exciting when looking at the maximum withdrawal amount, though, as many casinos allow significantly higher withdrawals when using Bitcoin. However, this is not always the case with every casino.
Bitcoin Withdrawal Time
Another awesome thing about using Bitcoin for your withdrawals is the time it takes to get your money. Bitcoin tends to be the fastest payout method available to players. While most withdrawal methods take between three and seven business days to pay out, Bitcoin can clear in less than 48 hours. This is great news for players who want to get their winning paid out as quickly as possible.
Bitcoin Withdrawal Fees
The good news is that there are no fees associated with Bitcoin withdrawals. The casino will not charge players and fees for using Bitcoin as their payout method. There should also be no fees from the player’s chosen Bitcoin wallet.
Bitcoin Withdrawal Conclusions
It is easy to see why Bitcoin has grown in popularity as a payout method. Not only is it one of the fastest payout methods around, but it also offers higher maximum payout limits at many casinos. As cryptocurrencies like Bitcoin grow in popularity, more and more casinos will likely allow players to withdraw their winnings with Bitcoin, making it an even more popular payout method.