So you’ve won big at mBitcasino but are not sure how to withdraw at a crypto casino? Don’t worry, as it really isn’t as difficult as you might think.

Whether you’re a crypto newbie or a seasoned trader playing cryptocurrency games for the first time, you’ll learn how to cash out at mBit quickly and conveniently. You’ll benefit from the super-quick and cheap transaction times, as well as increased privacy and advanced security, that cryptos offer over fiat currencies.

Ready to get started? Let’s walk you through how to withdraw at a crypto casino.

Why Withdraw with Crypto?

There are many benefits to choosing cryptocurrencies for withdrawals, with the best being:

Faster Payouts: You’re not subject to the banking delays of fiat currencies, and transactions usually complete within a few minutes.

Lower Fees: As there are no bank intermediaries or other middlemen, cryptocurrency transactions usually have minimal fees.

Greater Privacy: You do not have to share your banking information, which is both safer and more anonymous.

Global Access: You can cash out from anywhere without geographical restrictions.

Step-by-Step Guide to Withdrawing at a Crypto Casino

Withdrawing at a crypto casino is a straightforward process, especially here at mBitcasino.

This is how to withdraw from a crypto casino:

👉 Step 1: Go to the Withdrawal Section

Log into your mBitcasino account and click the ‘Wallet’ icon at the top of the screen.
Select ‘Withdraw’ to start the process.

👉 Step 2: Choose Your Cryptocurrency

Choose the cryptocurrency balance from which you want to withdraw.
Use the drop-down menu and scroll to that crypto.

👉 Step 3: Enter the Withdrawal Amount

Specify how much of the cryptocurrency you wish to withdraw. Take the minimum and maximum withdrawal limits into consideration.
Click the ‘Withdrawal’ button.

👉 Step 4: Enter Your Wallet Address

When requested, paste your wallet address.
Double and triple that you entered the correct address. If wrong, your money is lost and unrecoverable.

👉 Step 5: Confirm and Wait for Blockchain Verification

Confirm the withdrawal. Our team will also confirm the destination wallet address with you before processing the withdrawal.
Wait for the blockchain to verify the transaction and for your crypto to appear in your wallet.

Common Issues and How to Solve Them

Most withdrawals go through without a hitch, but there are some issues you might run into or some questions you want answered.

My withdrawal is taking too long. What should I do?

The first step is to use a Blockchain Explorer to check the status of the transaction. If it is still pending, the blockchain’s network could be congested. That can happen, especially during peak times.

If the withdrawal is taking far longer than usual, get in touch with our customer support team.

I entered the wrong wallet address. Can I recover my funds?

One of the biggest drawbacks of crypto transactions is they’re irreversible. If you enter the wrong wallet address for your withdrawal, there’s nothing we can do. That’s why we always ask our players to double and triple-check before confirming a transaction.

Are there any withdrawal limits?

Yes, as with most crypto casinos, there are minimum and maximum withdrawal limits at mBitcasino. These differ depending on the cryptocurrency. Check our terms and conditions to establish the limits for the crypto you want to withdraw.

Why do some casinos require KYC for withdrawals?

To prevent money laundering, we’re occasionally required to perform KYC checks before processing withdrawals. That is to comply with anti-money laundering laws (AML).

Some other crypto casinos may not require KYC checks, but that is because they’re not regulated and, therefore, riskier for players.

Best Cryptos for Fast Casino Withdrawals

Many cryptocurrencies make for a good option for fast withdrawals when compared to fiat currencies. However, some are better than others, which is why we’ve listed some of the most popular coins for when you cash out.

Bitcoin (BTC) – Bitcoin is the biggest and best-known cryptocurrency, and it is also the most commonly used at crypto casinos. However, it also has some of the higher fees and slower confirmation times. We recommend BTC for inexperienced crypto users or those who enjoy its high security and the fact that most slot developers support it on their games.

Ethereum (ETH) – The second most used coin at crypto casinos, Ethereum offers faster transactions compared to Bitcoin but also has higher gas fees. If you withdraw regularly, you’ll benefit more by using other cryptos with lower fees.

Litecoin (LTC) – While slightly slower than a few other cryptos like Ethereum, Litecoin stands out due to hardly noticeable network fees. For that reason, LTC is a crypto quickly growing popular with players who withdraw on a regular basis.

Tether (USDT) – Tether uses the Ethereum blockchain, so it has the same transaction speeds and higher gas fees. However, the benefit to USDT is that its value is less volatile as it is pegged to the US dollar. Therefore, it’s best for stable value withdrawals.

Other altcoins – At mBitcasino, we give players flexibility by also supporting a variety of other altcoins. You’ll find lightning-fast transactions using Ripple (XRP) and super-low network fees with Dogecoin (DOGE). We also support Bitcoin Cash (BCH), Cardano (ADA), Tron (TRX), and Binance Coin (BNB).

Start Withdrawing at Our Crypto Casino Today

As you can see, making crypto casino withdrawals is quick and easy. Plus, you reap the benefits of increased privacy and advanced security. At mBitcasino, you also benefit from our super-fast withdrawal times. We process withdrawals within 10 minutes on average, but often, we get to them within just a few minutes.