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Withdrawal Options and Transaction Times
You can withdraw funds from Sportsbet.io in 2 ways, cryptocurrency or fiat. To withdraw money using cryptocurrency, you need a dedicated link between bookie’s wallet and your wallet. The transaction time depends on the number of blockchain confirmations, with a minimum of 3.
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Fiat currency withdrawals can take up to 3 business days to be reflected in your account. Before the amount can be transferred from the digital currency to the traditional currency of the euro, the transaction must be verified. The minimum amount you can withdraw using this system is 20 EUR.
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Any transaction above 1 BTC or 2000 EUR will require a background check prior to issuance. This is a basic regulatory requirement in most countries as a way to curb money laundering. This process increases the withdrawal processing time given above.
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If you use MoonPay to process your deposit, Sportsbet.io allows withdrawals from your account after 48 hours. This is part of its measures to combat insecurity and money laundering. It also attracts a 5x stake to meet transaction costs.
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