Withdrawal of funds is one of the key parameters that determine the user-friendliness and reliability of an online casino. XtraSpin supports multiple banking options, all of which are 100% safe and transparent. Regardless of which payment system you prefer and which device you use to gamble, your financial operations will be fast and smooth. In this article, we’ll explain how to withdraw your winnings from XtraSpin Casino through all the available methods and sum up the platform’s policies on financial transfer in this direction.
XtraSpin Methods of Withdrawal
Here is a brief digest of the available withdrawal options and their specifics:
| Withdrawal processing time | Fee | |
| Bank transfer | Up to 5 days | There can be a fee on the provider’s side |
| Cards | Within 24 hours | There can be a fee on the provider’s side |
| Cryptocurrencies | Within 24 hours | There can be a fee on the blockhain’s side |
| SEPA | Within 24 hours | There can be a fee on the provider’s side |
All the payment systems process withdrawals through their thoroughly protected gateways. Their infrastructure is modern and advanced, which drives down the possibility of risks to zero.
The amount of fee can vary from one provider or blockchain to another, so make sure to check the notifications in the interface.
XtraSpin usually avoids charging fees on its side. To find out about any potential exceptions, you can check the casino’s Terms and Conditions.
Below, we’ll talk about each payment method in detail.
Bank Transfer
When withdrawing your winnings, you can ask for a cash transfer through the UK-based Monzo online bank. It has been around since 2015 and was one of the earliest app-based banks available in the country. It lacks brick-and-mortar branches and allows its users to complete all the operations through its handy mobile app without third-party assistance. Monzo is fully regulated and protects its customers’ funds with the help of the Financial Services Compensation Scheme.
When using cards for your withdrawals, you’ll be able to choose between Visa and Mastercard. Both are widely common among the UK residents. Probably, you use at least one of them for your casual shopping — and you can request your XtraSpin withdrawals to it.
Cryptocurrencies
Apart from fiat money, XtraSpin also pays out the prizes in five cryptocurrencies:
- BTC — the largest and the most well-known crypto asset in the world
- ETH — the earliest serious rival to Bitcoin that also provides a network for building decentralized apps
- TRX — the official cryptocurrency of the Tron global system that was created for economically efficient distribution of digital content
- USDTE — stablecoin on the Avalanche blockchain, pegged to the value of the US dollar
- USDTT — another variation of stablecoin, pegged to the value of the US dollar
Withdrawals in cryptocurrencies are popular among players who like to separate their gambling budgets from casual ones. Plus, people who use cryptocurrencies for trading or investing also like this withdrawal option.
SEPA
If you are interested in SEPA transfers for your withdrawals, you can use Revolut. This fintech company blends online banking with a peer-to-peer payment system and holds a UK banking license. This provider supports multicurrency accounts, that is why it’s popular among frequent travelers and people who regularly make international transactions. It lacks physical branches and lets its customers handle their financial operations in a user-friendly mobile app. Compared to conventional banks, Revolut charges lower fees and processes transactions faster.
XtraSpin Withdrawal Time and Limits
Usually, withdrawals from XtraSpin take no more than 24 hours, regardless of the payment option. Only with bank transfer, the process can take up to 5 days.
The minimal amount for the transfer is €50 or an equivalent to this sum in another currency.
There are maximum withdrawal limits per player too:
- 1,000 €/$ per day
- 3,000 €/$ per week
- 10,000 €/$ per month
If you reach the limit, you should wait until the end of the day, week, or month and then, request a withdrawal as usual.
There can be exceptions to the above-described rules. You can find out the details about them the XtraSpin Terms and Conditions or in the terms of a specific promotion.
XtraSpin Terms and Conditions
In its terms and conditions, XtraSpin reveals some important aspects related to withdrawing the winnings. We’ll sum up their essence below.
Before requesting your first withdrawal, it’s necessary to verify your identity. This requirement is common for all licensed gambling platforms. Be ready to submit to the XtraSpin administration the following papers:
- Utility bill no older than 6 months, with your name on it
- Proof of ID — such as the scan of your valid government-issued ID card or passport
- Copy of the front side of your credit card with the 8 middle digits hidden, if you are planning to use a credit card
- Email address or account number of your e-wallet, if you are planning to use an e-wallet
The verification process usually takes less than 12 hours. It’s enough to complete it only once — except for the cases when you want to withdraw a large sum of money.
If you hit a big win, you might need to wait a bit longer for withdrawal. XtraSpin will try to process your transfer as fast as possible — but according to legal requirements, its team will need to conduct additional security checks.
According to the UK and international laws, XtraSpin goes to great lengths to prevent money laundering and other types of fraudulent activities. If the casino discovers that a client uses a nefarious scheme, it can limit this person’s access to their gambling account or cancel their withdrawals. If you respect the platform’s rules and the laws, nothing will prevent you from requesting and receiving your cash prizes.
XtraSpin supports the principles of responsible gambling. It features a page where you can find out about the basics of the safe approach to playing casino games online. If you suspect that you might start developing an addiction, you can install limits on depositing funds or accessing your account. Later on, you’ll be able to cancel these limits and go on playing as usual.
If you want to refrain from gambling for a relatively long period, you can consider self-exclusion. Normally, players request it for a duration of 3 months to 5 years but you’ll be able to choose any concrete term or an indefinite period. All you’ll need to do is to reach out to the support department and they will block your access to your XtraSpin account as well as make sure you won’t receive promotional materials. As soon as the requested period is over, you’ll be allowed to log in to your account as usual and play with real money. If the support crew excludes you for an indefinite period, you can ask them to cancel this limitation later and you’ll retrieve access to your account in a week.
Conclusion
Being a regulated platform, XtraSpin ensures safe and transparent withdrawals. After you win cash, you’ll be able to request a transfer immediately and get the money within 24 hours. Only if you opt for a bank transfer, you might need to wait for up to 5 days. XtraSpin pays out the prizes quickly and honestly. Gamblers appreciate its client-orientedness when it comes to withdrawals.