20BET sports betting

20Bet Withdrawal

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David Kane, Author at Bettingsite.cc

Written by:

David Kane

Last Updated: Apr 29, 2024

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20BET Withdrawal/Verification

By now, you might be thinking that we’ve said everything worth saying about 20BET – but we ain’t even close! Sure, we covered all of the obvious bits, but there’s a lot more that goes on under the hood of an online bookie. Chief among those things are the payment options and the verification procedure, two aspects that few players consider before signing up for an online bookie, and yet which could make or break the whole experience!

Payment Methods Available at 20BET

Most players are probably going to want to complete their 20BET deposit using their credit card, and that’s perfectly fine! All kinds of cards are acceptable here, so you’ll face no issues doing that. However, cards (and banking solutions in general) aren’t always your best bet, as they can be slow. Not to mention, some banks don’t take kindly to their customers playing at gambling sites, so depending on your circumstances you might want to place a buffer between them and your money.

But how can you do that? The easiest way is via an e-wallet – think PayPal! Admittedly, PayPal in particular is not supported, but 20BET still accepts payments from all sorts of other services, like Skrill, Neteller, or eZeeWallet. Alternatively, you can also use Paysafecard, although you obviously won’t be able to withdraw using that method and will need to hook up a card or e-wallet at that point anyway.

20BET withdrawal

Finally, we need to look at crypto. 20BET supports a very wide variety of alt currencies ranging from the really popular ones (like Bitcoin and Ethereum) to less well-known coins (like ZCash and Monero). With that said, even if you fancy yourself something of a crypto enthusiast, we still wouldn’t recommend using it at 20BET, as doing so will void any bonuses you might otherwise qualify for. If privacy is a concern for you, just stick to Paysafecard.

20BET Verification

20BET verificationWhen someone mentions the fact that many online bookmakers can be “shady”, they’re not necessarily talking about them scamming players. The fact of the matter is that many of our favorite sites could become targets of criminal organizations (or just unsavory individuals in general) who then start using them for money laundering. Casinos and bookmakers are perfect for this purpose.

20BET, much like every other bookie out there, doesn’t particularly like the idea of serving as a host for criminals. Because of this (and to comply with regulations imposed on it), the site is obligated to verify the identity of every player that ends up withdrawing from it. This process is known as “Verification”, or “KYC”, and must be performed before you can see even a cent of your hard-earned winnings.

Luckily, the procedure isn’t particularly complicated here. According to 20BET’s terms of service, all you’ll need are a few documents you probably already have, like your ID card, a proof of current address (like a utility bill), as well as access to whatever payment method you used to complete your first deposit.

How to Verify Your Account at 20BET

1

Go to the Documents tab

From your 20BET profile, search for the Documents tab – it may also be called “Verification” or “KYC” depending on your language.

2

Find All Necessary Papers

In the Documents tab, you’ll find a list of, well, documents! It’ll be similar to what we described above, so just gather them all up.

3

Photograph Each Document

Next up, grab your phone and take clear, up-close photos of each document, front and back. Ensure the document fills the frame entirely!

4

Upload the Photos

Next up, use your phone to access the 20BET website and go back to the Documents tab. Your final step is to just upload the photos you took!

Frequently Asked Questions

The minimum deposit at 20BET is €20 – although keep in mind that you’ll need to deposit at least €20 to participate in most promotions on the site.

Just like the minimum deposit, the minimum withdrawal is set to €20. With that said, some payment methods (like bank transfer) may require a higher minimum.

It shouldn’t take longer than three days for 20BET to process your withdrawal. However, it make take a bit longer than that for you to get your winnings, depending on which payment method you’re using for the purpose.

If speed is your priority, we recommend using a crypto wallet or e-wallet. Although they can be less convenient than just withdrawing to your bank card, they’ll also be much faster.

No, 20BET will not charge any fees. You will only pay fees if you transfer your winnings from one payment method to another (for example, from your e-wallet to your bank account).

David Kane, Author at Bettingsite.cc

Bookmakers reviewer

David Kane

Expert opinion

5

David Kane is an expert content editor at BettingSite.cc, known for his detailed reviews of the newest bookmakers. His in-depth analyses and clear advice benefit both new and seasoned bettors, enhancing their betting experiences with reliable information.