Betsio Withdrawal

Betsio Withdrawal/Verification

Deposits, Withdrawals & Verification

Betsio has a large variety of payment methods, and the necessary options of depositing and withdrawing funds is available to the majority. Among the selection are the credit and debit card, e-wallets, and a broad range of cryptocurrencies. To be more exact, they are: Apple Pay, Google Pay, Visa, Mastercard, Bank Transfer, Neosurf, Skrill, Neteller, PaySafeCard, MuchBetter, MiFinity, Flexepin, and such cryptocurrencies like Bitcoin, Ethereum, Tether, ADA, Litecoin, Dogecoin, XRP, Binance Coin, TRON, USDC, and Solana.

Various currencies are accepted such as EUR, USD, AUD, CAD, NZD, NOK, JPY, BRL, ZAR, INR, CZK, PHP, MXN, TRY, GBP, CHF, and PLN.

Different methods require a minimum deposit of €20. In the case of cryptocurrencies however, minimums are expressed in coin-specific quantities. Bitcoin, as an example, demands a deposit, starting with 0.00025 BTC, whereas Solana has a minimum of 0.05 SOL. Deposits happen immediately, with Betsio not charging any deposits fees. Having said that, the depositor is liable to any external fees, imposed by payment providers. You have to be sure of any possible transaction charges before making the transaction.

Withdrawals, however, are different when it comes to the process and time. The minimum withdrawal amount is €30 in most payment methods, but crypto pays different numbers. XRP has the minimum of 14, and TRON is 160. It has varying time of processing. The withdrawal of crypto is usually fast, and it can take a few minutes. The bank transfers are, on the other hand, slower and normally time consuming (1 to 3 business day). However, in the Terms and Conditions, it is indicated that bank transfer withdrawals might take up to 10 banking days. Also, the option of bank transfer payout is not available to use USD, and it can be limiting to others.

There is one important warning: in case of errors in banking or payment information, Betsio will not be responsible about the wrongly directed cash. It is important to make certain that the accounts numbers and crypto addresses are confirmed twice before a transaction is verified.

Withdrawals are limited as well. It is capped at €10000 euros or its equivalent in the chosen fiat money or cryptocurrency per transaction. The amount deposited monthly depends on the amount that has been deposited in the past:

• €0 – €1,000 in total deposits: up to E1,000 per month
• Deposits €1000 – €10000: up to €2000 per month
• Total deposits exceeding €10000: no more than €3000 a month

High-value wins are accompanied by other rules. In the case of one win larger than €60000, Betsio can split the total amount into monthly payments, up to the amount of €60000. Such a policy will be applicable to fiat and crypto winnings and will remain applicable until the end of the payout process.

Depending on the local regulations, winnings can also be taxed. Betsio leaves the entire accountability on the account holder to report and pay any fee that is applicable. In situations where the platform is indebted to government agencies in terms of paying withheld taxes, the costs incurred due to such a move shall be transferred to the persons whose accounts are in the platform.

Before any withdrawal is processed, identity verification is mandatory. This is part of Betsio’s compliance with anti-money laundering regulations. The KYC (Know Your Customer) process involves uploading a few specific documents:

Proof of Identity

• Passport, driving license, or official government-issued ID card
• Must show a clear photo, date of birth, and expiration date
• Both sides must be submitted for ID cards
• Watermarks and document details must be visible and unaltered

Proof of Address

• Recent utility bill, phone bill, or bank statement
• Document must show full name and full address including zip/postal code
• Must include the logo of the issuing provider
• Must be dated within the last 90 days
• Full document must be visible in the uploaded image or scan

Source of Funds

• Screenshot or photo of a bank statement, e-wallet page (e.g., Skrill), or payment transaction
• Document must include the name of the financial institution and the paid amount

Each document must be clear, legible, and meet all the listed conditions. Otherwise, the review process may be delayed. Verification is required only once, but it must be completed before the first withdrawal or if requested for compliance reasons.