Memo sports betting

Memo Withdrawal

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David Kane, Author at Bettingsite.cc

Written by:

David Kane

Last Updated: Aug 19, 2024

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Memo Casino Withdrawal/Verification

We’ve covered all the “fun” parts of Memo Casino – all its games, bonuses, that sort of stuff. Now, it’s time to pop open the hood and look at the less fun, yet equally important parts that often go unnoticed at most casinos. We’ll start off with the payment options so that you can see whether you can deposit without issue, and then we’ll move onto the verification process and tell you all about what you’ll need to do before withdrawal!

Payment Methods Available at Memo Casino

Sadly, one of the biggest downsides of Memo Casino by far stems in its lack of payment options. Admittedly, Memo is available in several different countries, so it’s possible that the situation is different in your country compared to the ones we examined. However, in the latter, only Visa and MasterCard were available as deposit options with fiat currency, with bank transfer also serving as a potential withdrawal option. We did not find any mention of e-wallets like PayPal, Revolut, or Mifinity here.

Memo withdrawal

Instead, if you want to keep your winnings purely online, your only option is to rely on cryptocurrency. Although it’s not strictly a crypto casino, Memo seems very focused on them, with a lot of the popular cryptos being present (like Bitcoin or Tether). Unfortunately, even here we can observe some pretty big gaps, such as the lack of Ripple or Solana. Although those particular coins aren’t the most popular, we honestly think that if you’re going to primarily accept crypto, you might as well go all out.

Memo Casino Verification

Memo verificationWe’ve talked about the deposit process, but how about withdrawal? Well, contrary to popular belief, withdrawing from a betting site like Memo isn’t as simple as just punching in the sum you want and then pushing a button… at least not the first time. Before you can actually see any money from the site, you’ll need to complete a brief verification procedure that can tie your real identity to your Memo Casino account. This is done to prevent money laundering – by tying your real identity to your account, the casino can do a background check and make sure you aren’t involved in any criminal activity.

That might sound extremely complicated, but it’s actually a fairly simple ordeal! First off, you’ll need to submit a few simple documents – papers which you either already have or can likely obtain very quickly. They include things like a proof of payment method, a form of photo ID, and a document verifying your address (like a utility bill with your name on it). Still aren’t feeling confident that you can pull it off? No worries! We’ve compiled a simple guide to help you through the process!

How to Verify Your Account at Memo Casino

1

Navigate to Documents

From your profile, make sure to go to the Documents tab. Check all of the available documents there and make note on what you’ll need.

2

Secure the Documents

Using that list as reference, obtain all of the documents you found there. A few will probably be in your wallet or on your phone already!

3

Take Photographs

Speaking of your phone, time to grab it and turn on the camera! Photograph each document, up close, ensuring the text is legible. Photograph both sides on any documents with a back side (like your ID card).

4

Upload Photos

Time to go full circle and return to the Documents tab from earlier! Using the interface, upload each photo to its respective space. You can do the whole thing straight from your phone if you’d prefer!

Frequently Asked Questions

The minimum deposit at Memo Casino is set at €10, but it might be a little higher depending on the payment method you’re using.

You need to have earned at least €50 from Memo Casino if you wish to withdraw, which is an extremely high amount.

Memo Casino’s withdrawal page gives no details on how long processing withdrawals would take. Normally, though, the procedure takes about 3 business days, though a few days might be added if you’re withdrawing via credit cards.

Withdrawing via crypto will be significantly faster than withdrawing via card – although keep in mind that the latter might be more convenient for you, depending on your needs.

As far as we can tell, there are no fees associated with withdrawal. You might need to pay a small fee if you’re withdrawing via card, depending on your bank’s conditions. In addition, if you’re withdrawing via crypto and you then sell it into your native currency, that’ll certainly carry a fee.

David Kane, Author at Bettingsite.cc

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David Kane

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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.