NyxBets Withdrawal
Nyxbets Withdrawal/Verification
We’ve already covered the betting options and casino games available at Nyxbets, as well as some other fun stuff like the bonuses. But those are far from the only things you’ll need to know about a bookmaker before you can make an informed decision on whether to sign up! For example, how about the payment methods available here, or the verification procedure you’ll need to undergo to withdraw your winnings? If either of those poses potential problems, it doesn’t matter whether the site offers a lot of sports to bet on, right? Lucky for you, we’re about to dive into those very things right now!
Payment Methods Available at Nyxbets
Our feelings regarding the payment methods you can use here are, as with most things related to Nyxbets, very mixed. We can’t say that the options are awful or anything, but they don’t seem to cover much more beyond the basics. You can deposit using Visa, MasterCard, and bank transfer, as well as Neteller and Skrill, and… well, that’s about it. If you were hoping to instead use alternate e-wallets, like Jeton or Mifinity, or perhaps pre-paid vouchers like Neosurf or Paysafecard, forget about it.
The same holds true on the crypto front, as only a handful of the most popular cryptos can be used to make a deposit. Those will include Bitcoin, Ethereun, and Dogecoin, but not other big alternative currencies like Tether or USD Coin. Although we don’t like it, we can sort of understand why Nyxbets chose to only focus on a handful of traditional payment options, as you need to set up contracts with each one in order to accept it and sometimes it’s not worth the hassle. But accepting different cryptos is much easier, and we honestly can’t explain why the selection there is so limited as well.
Nyxbets Verification
If you’ve ever signed up for an e-wallet (be it something like PayPal or even a Bitcoin wallet with a crypto trading company), then you already know the process of verification. Any website which allows its users to withdraw cash needs to verify said users’ identities, to make sure that it can’t be easily used for money laundering. As you can imagine, online bookmakers like Nyxbets also allow you to withdraw (if you’re lucky enough to win), and as such must verify your identity before they send you any money.
This whole thing may sound scary and complicated, but it really isn’t. All you’ll need to do is submit a few identifying documents when you’re withdrawing from the site for the first time. Those documents will be basic stuff like your ID card or a utility bill. Just snap a few photos of all relevant documents, then send them over to the site’s KYC (Know Your Customer) specialist, who’ll take a deep look, say “yep, this player of ours looks like a real person, we know who they are, so send them their winnings”. It’s that simple!
How to Verify Your Account at Nyxbets
Make a Withdrawal Reques
First off, you’ll need to have won enough from Nyxbets to be able to successfully withdraw – so, win win win, and then withdraw! It’ll be rejected, but don’t worry, that’s normal!
Find Identifying Documents
Once you make a withdrawal request and it’s inevitably rejected, verification will begin immediately. The site will tell you what documents you need, so go find them all!
Photograph Documents
With all documents in front of you, just pull out your phone and start snapping photos! Ensure that every document is photographed front and back, and that all of the information on it is easily legible from the photos.
Upload Everything
The final step is to simply send everything over to Nyxbets’ KYC specialist so they can review the documents and verify your account. You should have received instructions on how to do that via email once the process started.
Frequently Asked Questions
You can deposit as little as €2, which is an extremely low amount – much lower than at most other sites which will require you to put down €10 or more.
Unfortunately, the minimum withdrawal amount is significantly higher than the minimum deposit: a whopping €50. This means that if you deposited the minimum of €2 you’ll need to multiply your money 25-fold just to initiate a withdrawal!
The processing time shouldn’t be much longer than 3-4 days, but some circumstances may cause it to extend past that timeframe – such as the method you’re using to withdraw.
Honestly, most payment methods here will process your withdrawal very quickly – both Neteller and Skrill, as well as most cryptos (like Litecoin) should be more or less instant. On the other hand, banking methods (like bank transfer) can take a few additional days, so it’s best to avoid those if you’re looking to receive your winnings ASAP.
Nyxbets itself shouldn’t charge you any fees. However, it’s very possible that you’ll incur fees with your payment provider – for example, if you withdraw via Neteller, and then choose to transfer your winnings into your bank account so you can use it in your day-to-day, Neteller may charge you a percentage as a transfer cost.