Instasino Withdrawal

Instasino Verification and Withdrawal

At some point, you’ll probably want to take out your winnings, and Instasino has made that part of your journey fairly simple. Before we begin, we need to mention that Instasino operates as a crypto casino, so you won’t be able to use fiat money for deposits or withdrawals. All transactions must be completed using cryptocurrency.

When it comes to taking money out, the betting site follows generally fair policies for withdrawals. The steps are clear, and there are no confusing rules. Keep in mind that before you can make your very first withdrawal, you’ll need to pass KYC. This is a basic verification process that confirms your identity and helps keep the platform secure for everyone.

Instasino Payment Conditions – Methods, Deposits, Withdrawals

Some of you may not like Instasino for its approach. As mentioned, the platform only supports cryptocurrency payments, which may not appeal to everyone. For those who prefer using traditional payment options like credit cards or e-wallets, this can be a drawback. But for those who are comfortable with digital currencies, Instasino can be a strong choice thanks to the vast selection of cryptocurrencies.

The betting site accepts over 20 different digital coins. Those include the most popular ones like Bitcoin, Ethereum, and Litecoin, but also lesser-known options such as Notcoin and Sui (launched 2023). This ensures more flexibility so that you can use the coins you are most familiar with.

For deposits, most cryptocurrencies require a minimum of €20. A few may have a higher starting point, such as €30, but that’s still within a reasonable range. Maximum deposit amounts generally fall between €5000 and €6000, depending on the cryptocurrency chosen, which should suit the needs of most casual and frequent players alike.

Withdrawals come with a €40 minimum requirement per transaction for all supported cryptocurrencies. While this is slightly higher than other betting sites, it’s still reasonable and shouldn’t be an issue for most players. The maximum withdrawal is limited to €5000 per day, €10,000 per week, and €30,000 per month. These limits are in line with industry standards, so everything’s fine here.

Transaction times are generally fast. Although it can take up to 48 hours in some cases, most withdrawals are handled within just a few hours. As long as you meet the rollover requirement of 1x there are no transaction fees. Simply put, you need to wager your deposits once before withdrawal. This requirement is a standard AML measure imposed by all betting sites and casinos, so it’s something you should expect.

The Verification Process at Instasino

Before you can withdraw any funds from Instasino, you first need to go through a verification process. This step is important and helps ensure that your account is secure and compliant with regulations. Everything is handled automatically, so you just need to go to the Withdrawal section on your Dashboard. When you click there, you’ll be directed straight to the verification page.

The verification process is managed by Sumsub – an automated verification service. To start, you’ll need to complete what’s known as a Customer Due Diligence (CDD) check. This involves submitting proof of your identity and your address. Once you enter the Sumsub system, you’ll have the option to upload all the necessary documents directly. As part of the process, Sumsub will also ask for a liveness check. This means you’ll need to take a live selfie through their system as a part of the verification process, which also ensures you are a real human being, not a robot. Find all steps in the detailed guide below.