Planbet Withdrawal

3.9/5

David Kane, Author at Bettingsite.cc

Written by:

David Kane

Last Updated: Feb 07, 2025

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Planbet Withdrawal/Verification

Planbet verificationNow that we’ve explored all of the “exciting” aspects of Planbet, it’s time to reach under the hood and see what else this site has in store for us far away from the glamor of welcome bonuses and betting odds. More specifically, we’re about to explore the different payment methods available here, as well as the verification procedure that you’ll need to go through before you can withdraw any of your winnings. Keep in mind that although we’ve tried to be as accurate as possible (while also relaying our own experience with the site), some things might be different for you based on various factors, such as your location.

Payment Methods Available at Planbet

Admittedly, there isn’t an awful lot to say about Planbet’s payment options. As we clearly established way back at the beginning of our review, this is a “crypto casino”, meaning that you can only make deposits (and withdrawals) using crypto coins. Credit cards, e-wallets, or pre-paid solutions like Paysafecard are not supported at the moment, or at least we couldn’t find a way to use them.

Planbet withdrawal

So that begs the question: what cryptos precisely are available here? Of course, you’ll find all the biggest ones, like Bitcoin and Tether (which is treated as the ‘default’ crypto here), but not much more than that. Aside from a small handful of less popular cryptos, like Ripple and USD Coin, you won’t encounter too many ways to actually deposit here. For example, Solana or DAI are not available, nor anything less popular than those two. Admittedly, we reckon that most players would be fine with this selection, but we still feel that a site which ONLY accepts crypto should do more to accept as many different types of coins as possible.

Planbet Verification

Money laundering can be a huge problem at online casinos – doubly so when they deal exclusively in crypto. Imagine you sell some stolen goods on the black market and then get paid in Bitcoin. You can’t rush to the bank without them asking where you got the cash, so instead you could deposit them at a casino, withdraw them into a different account (say, for Litecoin), and then sell them and put them in your bank. Now they’re officially casino winnings, even if you haven’t placed a single wager.

Obviously, this sort of activity is really bad, and it only serves to hurt casino sites in the long run. That’s why various measures have been put in place to reduce the likelihood of money laundering taking place, one of which is the verification procedure. Simply put, you’ll need to link your real-life identity to your casino account – which in turn means that if the authorities suspect that you’re involved in money laundering, they can very easily check the casino records and see if their hunch is correct. Although this sounds complex, the verification process is actually fairly straightforward.

How to Verify Your Account at Planbet

1

Withdraw Winnings

Your first step would be to earn enough money to be able to withdraw – otherwise, there’s no point in verifying yourself! When you’re done, make a withdrawal request. It’ll be rejected, but that’s normal.

2

Obtain Necessary Documents

When your first withdrawal gets rejected, you’ll receive an email with instructions on how to verify, including a list of documents you’ll need. It should be simple stuff, like a form of photo ID.

3

Take Photos

Grab your phone and start snapping glamor shots of every document you need! Remember to ensure all of the text is legible on the photos, since that’s what the staff of Planbet will use to verify you.

4

Upload Documents

Time to do the actual uploading! Check the email you received when verification started, you should see instructions on where to go to post the photos (typically a link that’ll take you straight to the correct page).

Frequently Asked Questions

You’ll need to deposit at least 15 USDT, or the equivalent in whatever currency you’re using on the site.

Although the minimum deposit is very reasonable, the minimum withdrawal amount is a whopping 50 USDT, significantly higher than average. This will make withdrawals from Planbet very difficult.

The site will take a few days to process everything before sending you your winnings – typically, no more than 3 days.

Since Planbet only accepts crypto withdrawals, the question is which coin will give you your cash the fastest? Well, the good news is that most of them are actually really fast, with Litecoin and Ripple for example being practically instant. Bitcoin and Dogecoin are much slower, but even they shouldn’t take longer than a few hours from the moment they’re dispatched before they arrive.

No, there will be no fees on the casino side of things. However, if you’re using a crypto wallet service (which you might be), that will very likely tax you for all transactions. Some will impose a fee on money you receive, while others will only tax you for selling your crypto, and those taxes can be quite hefty.

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.