Casinolo Casino Withdrawal

Casinolo Deposit and Withdrawal conditions

It is very important to make sure you are familiar with both the deposit and the withdrawal conditions of an online gambling house before you sign up to it. That way, you will be able to determine whether it is the right place for you to cash in in the first place, and avoid any unpleasant surprises when it comes time to withdraw!

That is why we will be going over the deposit and withdrawal conditions of the subject of our review in depth in the current section. We will examine its minimum deposit and withdrawal limits, the deposit wagering requirement, the payment methods you can use and more!

The minimum deposit and withdrawal limits of Casinolo

The minimum you can cash in to Casinolo is set to just €10, which is great! On average, gambling houses tend to ask their players to deposit between €10-20 as a minimum entry cost requirement, placing this house firmly on the low end of that range.

Similarly, the minimum withdrawal limit from Casinolo, set to €10 is quite great, too! As we said, the average casino sometimes demands you cash out twice as much as a minimum. But most of all, we love how Casinolo lets you withdraw just as little as you have deposited, which always seems fair to the player to us!

That said, the maximum withdrawal limit per transaction with the casino is set to €500. Sure enough, you could extend that via the VIP program of the house, but there is no good reason why the initial amount for that limit would have to be as low as it is! What's more, you can only file up to three pending cash-out requests at a time and Casinolo makes you wait up to 3 additional days between when your last withdrawal request was cleared and your next request even starts getting worked on! So, there are just a lot of delays and complications players can run into when withdrawing higher amounts, which we don't like at all.

Casinolo's deposit wagering requirement

A deposit wagering requirement is one of the more common AML policies that online casinos these days tend to implement. It ensures that their players are not engaging in that financial crime by prohibiting them from depositing and then immediately withdrawing, claiming the money is their winnings from casino games and laundering its source.

Put simply, the deposit wagering requirement simply means the total wagered amount on your account needs to be 1x to 3x your total deposited funds. The particular amount depends on the casino you are playing in. Failing to meet that requirement means you will either have your withdrawal requirement denied, or that you will have to pay a certain penalty fee, with such fees sometimes reaching upwards of 30% of your transaction.

As for Casinolo, it has adopted that wagering requirement, too, because it is a legitimate casino that does its utmost to combat financial crime! At the same time, the requirement has been set to 1x your deposited amounts, placing it on the low end of what casinos demand from their players. Failing to meet it means you have to pay a commission fee of up to 25% of your deposited amount, so make sure you clear the requirement before cashing out!

FIAT and Crypto payment methods at Casinolo

One of the things we love the most about this casino is just how many different payment methods are available! We believe players should be given a lot of choice in terms of how they can cash in to an online casino, in order to make the process more convenient for them. And it seems the people behind Casinolo agree, as the FIAT deposit methods within the casino include MasterCard credit cards, the Skrill, Neteller and MiFinity e-wallets, CashToCode prepaid cards and even bank transfers via Jeton. The crypto tokens you can use to cash in are pretty numerous, too, featuring plenty of popular currencies such as BTC, LTC, USDT, XRP and DOGE.

And when it comes to the withdrawals from the casino, there is plenty of choice in terms of how its players are allowed to cash out, as well. For instance, they can withdraw using various FIAT payment methods, such as Visa and MasterCard credit and debit cards, Bank transfers, Jeton and Revolut bank transfers and the MiFinity e-wallet. The crypto withdrawal methods are the same as the means of cashing in to Casinolo via crypto, which is quite great.