SlotRize Withdrawal

SlotRize Verification/Withdrawal

No one likes waiting around to get their payout, which is why a competent set of deposit and withdrawal policies is so important for a great online gambling experience overall! However, we are not really sure that the casino can live up to that. Within the next couple of sections of our review, we will be taking a look at why that is.

We will then examine the verification policies of the gambling house. As far as account verification goes, there were no surprises to us, and we found the policies of the gambling house to be far more reasonable. But, here’s what you need to know about the payment methods and policies of the online betting site and casino:

Payment Methods, Deposits, and Withdrawals at SlotRize

The first thing that stood out to us within the betting site’s payment policies was the fact that there were barely any deposit methods that we could use at the online betting site. For instance, we could not deposit with e-wallets, prepaid cards, instant bank transfers, which are all tried and true means of cashing in to betting sites!

That said, if you are interested in cashing in to the online gambling house, you could still deposit via credit cards and cryptocurrencies. Card payments were also only possible via MasterCard, but not Visa, which was another unusual restriction. There was no list of cryptocurrencies that the casino accepts anywhere on its website, but it had mentioned BTC, USDT, TRX, and a couple of others on the deposits page.

Either way, if you are interested in cashing in here despite the lack of payment options, you will be happy to know that there are no fees for depositing at all. There are no fees by the online casino for withdrawals, either, but you should know that there could be certain charges that you might have to cover on both types of transactions.

Those are the crypto miner fees which are inherent to any kind of deposit or withdrawal which is processed by said crypto miners. They are an inseparable part of paying via digital currencies, and you would need to contend with them no matter where you were playing in particular.

Speaking of withdrawals, we were pretty let down by the variety of payment methods there, with the betting site only having one means of withdrawal for us to use: Cryptocurrencies. Of course, there is nothing wrong with that payment method per se, but we would have liked to also be able to cash out via a bank card or transfer, too, since FIAT deposits were possible.

The next thing about the payment policies of the casino that disappointed us was the minimum withdrawal limit. As of the time of writing, this limit was set to a pretty sizable amount of €50-120, depending on a player’s particular country of residence. Contrast that with the much more reasonable minimum deposit of €20, and you can see why we feel that the minimum you can cash out is excessive!

In fact, when it comes to online gambling houses nowadays, the vast majority of them offer access to deposits and withdrawals starting from just €10-20. We should also mention that the daily maximum withdrawal limit is never mentioned in the online gambling house, which is not great at all.

In the legal documents, the casino just mentions that the daily limit varies based on the payment system and the country of residence of the punter. However, there seems to be a hard monthly cap on withdrawals of €15,000, which cannot be exceeded by players, even if they win more than that amount. Higher winnings will be divided into several months.

Finally, the processing times for transactions at the online gambling house were said to be up to three days. Of course, crypto withdrawals are generally instant, but most casinos also need up to 3 days to approve player withdrawals before approving them!

SlotRize Verification

As per the Terms and Conditions of the online gambling house, players who are looking to withdraw for the first time will be required to verify their accounts and payment method, provided that they have used a bank card to process their deposits. In rare cases, you might be asked to verify your account again, even though you have already done so once.

Verification is a very common requirement that online gambling houses have in place for those who are looking to cash out of their accounts. That is because they generally need to comply with strict AML and KYC policies, aimed at making it impossible for those who are underage to gamble online, as well as making it so you cannot use stolen money to play.

Verification is done by submitting certain documents to the online gambling house, or, more specifically, pictures of these documents. Here is what you need to know about the types of documents that you might need in order to get verified at the online bookie:

• Proof of ID: You need to prove that you are of a legal age to gamble and what your name is by submitting a government-issued ID at the online gambling house. Types of ID that are accepted are ID cards, passports, drivers’ licenses, and so on.
• Proof of Address: To verify your identity, the online gambling house will also need to look at proof of your address. This is to cross-reference the ID that you have provided. The most common proof of address that you can submit to an online gambling house is a recent utility bill, from something like a water or electricity company. Of course, this bill needs to be in your name and to show the address listed in your ID.
• Proof of payment ownership: You can only use cards that have been issued in your name to deposit to the online casino. So, to prove that you are not playing with a stolen card, you will need to take a picture of the front and back sides of the card and upload it to the online gambling house. The card should match the name that you have verified via the proof of ID that we mentioned before.

Finally, we should mention that the online gambling house does not really mention how long it will take for a punter to get verified on average. We can assume that to be up to a couple of hours, up to a day at most. If you are wondering why your verification takes longer than a day, we recommend contacting the Support of the casino and asking them!