Your complete guide to Sportsbet.io transactions

Sportsbet.io is a leading crypto sportsbook that offers a variety of payment options for fast and secure transactions. Learn how to manage your transactions for hassle-free betting with this guide:

Sportsbet.io withdrawal

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Verify your account before withdrawing as part of Sportsbet.io’s Know Your Customer (KYC) process to safeguard your sensitive info and follow this simple steps:

  1. Click on your active balance and select the ‘Withdraw tab’
  2. Enter the amount you want to withdraw and paste your personal e-wallet’s address.
  3. Click on the ‘Withdraw funds’ button.
  4. Once Sportsbet.io receives the withdrawal request, you will receive a notification and withdrawal confirmation. 

How to verify a Sportsbet.io account?

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To verify your account to make a Sportsbet io transaction including withdrawals, follow these steps:

  1. Click your username at the top right corner of the page.
  2. Click ‘Account’.
  3. Verify email address.
  4. Submit the required documents and click ‘Upload documents’.

Why are documents required to verify the account?

Following Sportsbet.io’s licencing and regulation under the Curacao eGaming (CEG), verifying your identity is a requirement. Sportsbet.io’s main goal is to safeguard your funds and ensure that any winnings are credited to you exclusively and no one else. We must also verify that the deposits you have credited to your account came from credible sources.

What type of documents are required?

Sportsbet.io requires a government-issued photo ID including a passport, driver's licence, or national ID card, to verify your identity. We require a copy of both the front and back of any valid ID card to ensure that it's legitimate. Ensure that the pictures are clear and that all four corners are visible. Avoid blocking any section of the image.

How do I know if my documents have been verified?

After Sportsbet.io verifies your account, a confirmation will be sent to your registered email address. There will also be a notification through email if any of the submitted papers do not meet the standards. It can take some time to be processed, so if you need any additional assistance, feel free to contact Sportsbet.io through live chat.

For what grounds are some documents not approved?

Sportsbet.io requires specific information from the documents you provide before they’re approved. If the info needed is not clear, the document will be re-requested. This is why you should double-check the details and make sure the information is clearly shown.

Listed below are the most common causes of failed document verifications:

  • The entire page or document is not seen fully. Details might be incomplete or missing because of this. 
  • Either the image is blurry or the flash is covering up important details.
  • The document is expired. IDs need to be valid and not more than 90 days old. 

Are the documents kept safe?

Yes, your documents are protected and only authorised staff have access.

How long do withdrawals take?

Most Sportsbet.io withdrawal requests are processed instantly. However, in some cases including big withdrawals, these are manually processed which can cause a slight delay. 

Once Sportsbet.io completes the process for crypto withdrawals, the transaction is instantly transmitted to the corresponding blockchain. The transaction confirmation often takes a few minutes. 

On the other hand, fiat currency withdrawals are processed by Sportsbet.io and then sent to the payment provider. The time it takes to receive your money depends on your payment method, the provider, and the bank. 

Most fiat currency withdrawals take up to 2 business days. You can check how long it will take for your withdrawal request to be processed on the Withdrawal page found in your account’s wallet. 

Are there any fees?

While we do not charge Sportsbet.io withdrawal fees, you should still verify if your preferred payment service comes with any charges.

Sportsbet.io withdrawal limits

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Sportsbet.io imposes withdrawal limits depending on the type of withdrawal transaction you’re requesting: 

Maximum withdrawal limits

Below are Sportsbet.io maximum withdrawal limits for crypto and fiat currencies: 

  • Sportsbet.io has no withdrawal limits on crypto. 
  • For fiat currencies, the Japanese yen (JPY) has a withdrawal limit of 7,000,000 while the Brazilian real (BRL) has a withdrawal limit of 15,000. 

Minimum withdrawal limits

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The minimum amount you can withdraw varies based on the payment method. 

Below are the minimum withdrawal limits for bookmaker virtual currency:

  • Bitcoin (BTC) → 0.001 = mBTC 1
  • Ethereum (ETH) → 0.01
  • Litecoin (LTC) → 0.1
  • Tether (USDT) → 20
  • Ripple (XRP) → 20
  • Cardano (ADA) → 10
  • Tron (TRX) → 200
  • Dogecoin (DOGE) → 80
  • Binance Coin (BNB) → 0.07
  • Toncoin (TON) → 10
  • Polygon (MATIC) → 20
  • USD Coin (USDC) → 20

Here are the minimum withdrawal limits for fiat currencies:

  • BRL → 50
  • JPY → 12,000

Sportsbet.io deposit

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Keep in mind that the required minimum deposit amount varies depending on the Sportsbet.io deposit method you choose. 

Below is a list of the minimum deposit limit for each coin:

  • BTC → 0.000007 = mBTC 0.007
  • ETH → 0.00013
  • LTC → 0.002
  • USDT → 0.25
  • TRX → 3
  • XRP → 0.31
  • ADA → 0.694
  • DOGE → 3.535
  • BNB → 0.0009
  • TON → 0.18
  • MATIC → 0.32556
  • USDC → 0.25

Here are the minimum deposit for fiat currencies:

  • JPY → 7,000
  • BRL → 25

How to deposit on Sportsbet.io?

Easily deposit crypto into your Sportsbet.io account by following these steps:

  1. On the upper right part of the screen, click on your username. On your Wallet, choose the asset you want to deposit.
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  1. Click on the ‘Deposit’ tab.
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  1. Copy your unique wallet address and paste it into the destination field of your e-wallet. You can also scan the QR code using your smartphone’s e-wallet app.
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You will receive your crypto in your Sportsbet.io account once there are three confirmations in the blockchain. Expect some delays from third-party services including certain e-wallets and exchanges. 

You will receive a deposit confirmation notification once the transaction is complete. 

How to make a deposit using a bank transfer?

Deposits through bank transfers may incur fees from the provider. Follow these steps to deposit via bank transfer:

  1. Go to the top right of the page and click on your username.
  2. Choose your preferred currency in your Wallet.
  3. Click ‘Deposit’.
  4. Select your bank from the list.
  5. Input the amount and your account info and click ‘Next’. 
  6. Log in to your bank account and proceed with the payment.

You will receive a notification once the deposit has been completed. 

How to buy crypto

It’s easy to buy crypto at Sportsbet.io. All you have to do is follow these quick steps:

  1. Log into your Sportsbet.io account and click on the ‘Deposit’ tab.
  2. Click on the drop-down button in your Active Balance, and select your preferred coin.
  3. Select the ‘Buy Crypto’ tab.
  4. Choose your desired payment option from the list:
    • Credit/debit card
    • Apple or Google Pay
    • Onramper
    • Binance
    • Kraken
    • Blockfinex
  5. Input your desired amount and proceed with the process. 

How to buy crypto through exchanges

Crypto exchanges are like virtual marketplaces where you can buy crypto to deposit to your Sportsbet.io account. To buy crypto using exchanges, here are some of the best ones supported by Sportsbet.io:

Kraken

Kraken is a popular exchange founded in 2011, known for its focus on protecting users’ funds and personal info. It also offers a wide range of coins for trading including BTC, ETH, and XRP.

Here’s how to buy crypto using Kraken:

  • Create an account

Sign up on Kraken’s official website https://www.kraken.com. Click the 'Create Account' button in the upper right corner and enter your email address, username, and password. 

  • Choose an account

If you’re a first-time user, you need to buy crypto using fiat currency. You’ll also need an ‘Intermediate’ account wherein you’ll be asked to submit an ID and residence verification. It may take up to one or two days before you can withdraw from your account while your documents are checked.

  • Activate your account

An access code will be sent to your email address once your documents are verified. Enter the activation code to verify your account or simply click on the link in the email to activate it. 

  • At the top of the screen, click on the 'Trading' tab. Use the dropdown menu in the upper left corner of the page and select your desired coin. Click on the ‘Buy’ tab before you input the amount of coins you wish to buy. Select a market capitalisation for easy trade and send in your order.

CEX.IO

CEX.IO was established in 2013 and became popular for its user-friendly interface. This top crypto exchange features high-speed trade processes for smooth trading.

Here’s how to buy crypto via CEX.IO:

  • Create an account

Click ‘Start’, enter your info, and click ‘Continue’. CEX.io will then send you an email to check your info. Confirm your email address within 24 hours to finish the signup process.

  • Buy crypto

Use a Visa or Mastercard bank or credit card to buy crypto instantly. Enter the amount you want to buy, select the currency you want, and click ‘Buy Now’.

  • Verify your account

Add a card to finish your payment. Input your required card details and submit a picture of it along with your ID and a selfie to verify ownership. 

Frequently asked questions

Learn more about Sportsbet io transaction processes with these frequently asked questions:

Crypto transaction fees are low compared to fiat currencies and are processed faster because they do not rely on third parties like banks. 

A crypto wallet is a software app that allows you to securely store and manage your coins. 

Some of Sportsbet.io’s recommended crypto wallets for bookmaker deposit and withdrawal transactions include:

  • Exodus
  • Trust Wallet
  • Coinbase
  • Metamask

If you lose your internet connection during your transaction, it might or might not be completed. Reach out to the site’s customer service or chat support to confirm. You might need to provide transaction details for verification.

Click on the count balance symbol and select ‘My Transactions’ in the wallet section.

Most deposits are processed instantly, but time still varies depending on what your payment method is. 

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