Crypto users take note — Betcoin.Social Casino offers a range of cryptocurrencies for both purchases and redemptions.
As long as you have a wallet or credit card, buying coin bundles and redeeming Sweeps Coins (PBR) is simple.
On this page, I’ll review what payment methods are accepted and how to use each.
Betcoin.Social Casino Payment Methods
Whether purchasing coins or redeeming PBR, these options appear in my casino wallet.
Purchase Methods
Credit Cards - Mastercard or Visa transactions completed through the third-party processor Fiat Systems.
Crypto Balance - Transferred from your preferred crypto wallet with one of the following cryptocurrencies:
- Binance
- Bitcoin
- Bitcoin Cash
- Dash
- Dogecoin
- Ethereum
- Litecoin
- Monero
- Ripple
- Shiba Inu
Betcoin.Social is one of the top crypto sweepstakes casinos, so be sure to join today.
Redemption Methods
Crypto - Exchange PBR for any of the above cryptocurrencies, such as Bitcoin, Ethereum, and more.
How to Add Money to Betcoin.Social Casino
The credit card (Mastercard or Visa) option for purchasing coin packages is easiest.
- Go to the yellow “Wallet" button at the top of the casino page.
- Choose the coin package you wish to purchase.
- Select “Credit Card."
- Enter your card number, expiration date, and CVV code.
- Provide your name, email, and address.
- Choose your country from the dropdown list.
- Include your phone number.
- Authorize Fiat Systems to charge the above amount and agree to the terms and conditions.
- Check the box if you’d like to receive marketing emails from Fiat Systems.
- Submit your purchase.
You can also purchase coin packages using crypto that you’ve added to your Betcoin.Social wallet. These steps allow you to do so:
- Click “Wallet."
- Select “Buy Crypto."
- Wait to be redirected to MoonPay.
- Enter the amount of Bitcoin you wish to purchase, which requires a $30 minimum.
- Make sure you’re okay with the fees (Example: $30 Bitcoin purchase comes with a $2.46 networking fee and $3.99 processing fee).
- Submit your request and go to your email.
- Enter the six-digit verification code.
- Agree to the terms and conditions.
- Enter your first and last name, date of birth, and billing address.
- Choose your country from the dropdown list.
I did notice a minor issue here — the United States was not included on the list of countries, so I could not use MoonPay.
What you need to do is have a crypto wallet. Follow these steps:
- From the same “Wallet" area, click “Deposit."
- Copy the “Send" address for your selected cryptocurrency.
- Open your crypto wallet.
- Send funds from your wallet to the address you copied.
Overall, Betcoin.Social is one of the best sweepstakes casinos for its quick payment process.
How Long Does Betcoin.Social Casino Take to Verify Bank Account
Since you use crypto for redemptions and credit/crypto for purchases, the verification is simple. You just need to ensure the address you’ve given the casino matches the your credit card’s billing address.
If you’re using crypto, you need to make sure that the email you gave the casino matches the one on your crypto wallet.
Does Betcoin.Social Casino Accept Cash App
No, at the time of this review, crypto and credit cards are the only two payment options. Perhaps in the future, Betcoin.Social will add cash app, but for now it is unavailable.
Betcoin.Social Casino Instant Bank Transfer
No, Betcoin.Social does not accept instant bank transfer. Only crypto and credit cards are accepted at the moment.
Betcoin.Social Cash Out Rules
When you have at least 100 PBR, you can redeem it for prizes. This is redeemed at a rate of 1 PBR = $1.
If you reside in Florida or New York, any winnings from a hand, play, or spin is capped at $5,000. If your winnings exceed that, the overage is forfeited and removed from your account.
There is a $10,000 maximum redemption limit per day without needing to perform additional verification measures or to pay in instalments over time.
If additional verification becomes necessary, it can add up to seven business days to the processing time.
How to Cash Out on Betcoin.Social
Follow these steps to request a redemption at Betcoin.Social:
- Click on “Wallet," which is found at the top of the casino page.
- From the “Social" tab, click “Redeem."
- Enter the amount of PBR you want to redeem.
- Choose the cryptocurrency you prefer.
- Select “Submit."
This transfers the equivalent PBR to cryptocurrency that goes to your wallet’s “Active Crypto Balance."
If you want to send that from your casino wallet to your crypto wallet, follow these instructions:
- From the “Wallet" tab, click “Crypto."
- Select “Withdraw."
- Enter the amount of crypto you want to withdraw.
- Type in your crypto wallet’s address.
- Submit your request and allow 24 hours for it to arrive.
Make sure to take advantage of the Betcoin.Social no-purchase bonus.
Betcoin.Social Casino Minimum Withdrawal
You must have at least 100 PBR before a redemption can be made. Make sure you’ve wagered all PBR at least once in order to meet the 1x wagering requirement.
Betcoin.Social Casino Withdrawal Time
If you’re offered gift card redemptions, allow up to 10 business days for it to arrive at the email address you gave when you joined the casino.
Cryptocurrency redemptions are processed within 24 hours.
Betcoin.Social Casino Payout Options
The terms and conditions state you can request a prize redemption to your crypto wallet or through a gift card.
However, when I request a payout, only cryptocurrencies appear.
I have been unable to find how out how you request a gift card.
This was only a minor inconvenience, but it’s worth noting.
Betcoin.Social Casino Redemption Progress
I have yet to find a good way to track my progress to see when I’ve met my wagering requirements.
The best I’ve found is to click on the top right blue circle and access “Transactions."
You can use the filters to check how many bets you’ve placed and how much PBR you’ve received as gifts. That allows you to do the math yourself.
Until you have 100 PBR, redemptions are unavailable. I have tested it out with less and an error message appears.
Once you have 100 PBR, you can make a redemption.
