Velobet Currency & Wallet Options Explained

Which Currencies Can You Hold in Your Velobet Account?

Every Velobets Casino account runs on GBP or USD as its fiat base, alongside eight supported cryptocurrencies: BTC, ETH, LTC, XRP, BCH, USDT, XMR and DASH. Crypto wallets activate straight after registration, before any profile checks, while GBP and USD balances only unlock once you have completed the personal details in My Account. Minimum deposit and minimum withdrawal both sit at £10, or the equivalent value in whichever currency you pick.

Fiat Balances: GBP and USD

UK players naturally hold GBP, which keeps deposits, bonuses and withdrawals in the same currency as a UK debit card, avoiding a conversion step at the bank. USD is the second fiat option and doubles as the currency our promotions are priced in, since the welcome bonus package and most seasonal offers quote figures in dollars with GBP equivalents shown alongside.

Crypto Balances

Choosing BTC, ETH, LTC, XRP, BCH, USDT, XMR or DASH removes bank intermediaries entirely, so there is no chance of the intermediary bank charge of up to £16 that can apply to fiat bank transfers. Full details on deposit and withdrawal handling for each currency sit on our payment methods page.

What Does Switching Currency Cost, and Which Should You Pick?

Withdrawal limits apply per account rather than per currency: £7,500 a week and £15,000 a month, with higher limits available to VIP players as detailed on our VIP page. Every withdrawal, whether in GBP, USD or crypto, is processed within three banking days, and any win above £15,000 is paid out in monthly instalments capped at £15,000 each, in the currency you were playing in.

Bank transfers can attract an intermediary bank charge of up to £16, a cost that simply does not exist on crypto withdrawals in BTC, ETH, LTC, XRP, BCH, USDT, XMR or DASH, since there is no bank in the chain to deduct it. The single-bet ceiling sits at the crypto equivalent of £100,000, while progressive jackpot wins are always paid out in full regardless of the currency on your balance.

In practice, the currency to pick depends on how you already move money. If your card and bank statements run in pounds, keeping your balance in GBP avoids any conversion step. If you deposit in BTC, ETH, LTC, XRP, BCH, USDT, XMR or DASH, your balance and withdrawals stay in that same coin, and a separate crypto welcome track applies with its own wagering conditions, outlined on our rollover page.

Currency Checklist Before Your First Deposit

Before funding your account, run through how each currency option actually behaves once money starts moving.

• GBP: our default fiat currency, matched to UK debit cards, with a £10 minimum on both deposits and withdrawals.
• USD: the second fiat option, used as the pricing currency for most promotions, shown alongside GBP equivalents.
• BTC, ETH, LTC, XRP, BCH, USDT, XMR and DASH: wallets activate immediately after sign-up, ahead of any profile verification step.
• Bank transfer: not available for USD payouts, and can carry an intermediary bank charge of up to £16.
• Withdrawal ceiling: £7,500 a week and £15,000 a month per account in any currency, higher for players who climb our VIP tiers.
• Processing time: every withdrawal, bank transfer included, clears within three banking days once approved.
• Maximum deposit: depends on the method you fund with, so the cashier shows the exact limit before you confirm your currency.