MyStake Casino is a popular online casino with a wide range of gambling options, including live casino and sports betting. While playing and winning your favourite casino games is undoubtedly very exciting, the ultimate satisfaction comes from swift and efficient withdrawals. So, does MyStake Casino withdrawal process fulfil this requirement? Let’s tell you everything you need to know about this licensed casino’s withdrawal times.
In this comprehensive MyStake Casino review, we’ll provide UK players with a detailed payout guide. We’ll discuss everything from withdrawal limits to payment methods. So, find out how to have a seamless and enjoyable gaming experience at MyStake Casino UK.
What You Should Know Before a MyStake Casino Withdrawal
Every casino site has different deposit and withdrawal options. Similarly, MyStake Casino has its own withdrawal features. Here are some things to know about MyStake Casino withdrawal:
Payout Speed at MyStake Casino
Withdrawals can take up to 3 business days. However, the exact speed of your MyStake payout depends on the payment method you choose. Crypto and e-wallet payments are processed instantly, while bank transfers usually take 24 hours.
KYC Verification Process
Being an authorised platform, MyStake requires KYC (Know Your Customer) verification. They have a thorough verification process that includes email verification, identity verification (through an ID card/passport and a selfie), and address verification (through utility bills or bank statements).
Bonus Fully Redeemed Within the Specified Time Window
MyStake offers a plethora of bonuses. These include welcome bonuses, bonus codes, no-deposit bonuses, etc. Once you meet the terms and wagering requirements, you can fully redeem your bonuses within specified time windows.
Withdrawal Limits on MyStake
MyStake Casino does not have a minimum withdrawal limit. However, payment providers have their own lowest amount you can withdraw on each request – typically €20. The casino does have a withdrawal limit. Players can withdraw a maximum amount of €7,500 weekly and €15,000 per month.
MyStake Casino Withdrawal Process
MyStake casino offers a safe and responsible withdrawal experience to its users. Plus, the process is super simple, so players can easily cashout their winnings. Just follow these steps to learn how to withdraw funds on MyStake Casino:
- Review The Terms & Conditions:
Before you try out a casino, you must know the terms & conditions. These include things like MyStake withdrawal times, withdrawal amounts, wagering requirements, account rules, currency, etc.
- Visit The Casino’s Cashier or Banking Section:
Navigate to the casino’s main menu or dashboard to access the cashier or banking section. This is where you will find the ‘Withdraw’ tab.
- Complete Your KYC Verification:
Your account must be completely verified before you can withdraw your winnings. So, make sure you have followed the entire process and submitted all the necessary documents to get verified.
- Select Your Preferred Withdrawal Method:
Finally, choose your preferred payment method. Thankfully, MyStake Casino offers multiple payment options like direct bank transfer, e-wallets, and cryptocurrency. The payment method you pick can be the same as your deposit method, or you can go for an alternative.
- Await Your Winnings:
That’s it! Once you’ve submitted a withdrawal request, MyStake will start processing your transaction. Typically, the funds are transferred within 24 hours. So, be patient and get ready to reap the benefits of your gambling efforts!
MyStake Withdrawal Processing Compared With Other Brands
There are countless online casinos for UK players. This is why we have created a comparison chart to help you assess whether withdrawal from MyStake is better than others. Here is a comparison of MyStake with popular competitors:
| Casino | Cashout Time | Withdrawal Methods (number) | Payout Fee |
|---|---|---|---|
| MyStake | Within 24 hours | 3 | No Fee |
| FreshBet | Within 3 days | 2 | No Fee |
| Magic Win | Couple Of Days or Weeks | 4 | No Fee |
| Rolletto | Within 3 days | 4 | No Fee |
| GoldenBet | Within 2-5 days | 4 | No Fee |
| Velobet | Within 3-5 days | 3 | No Fee |
MyStake Withdrawal Options Available in the UK
MyStake offers convenience and flexibility to UK players by offering several payment options. This allows all players to cashout from MyStake without any hassle. So, choose the option that suits your preferences. The casino accepts the following payment methods:
- Bank Cards:
Withdraw your funds using your bank account card. The casino accepts both debit and credit cards from all UK-registered banks. The casino does not charge processing fees on bank cards, but these transactions may be subject to bank charges.
- E-Wallets:
Withdraw wins from MyStake using e-wallets like Skrill, Neteller, or MiFinity. E-wallets are faster than traditional bank transfers. The withdrawal is typically processed almost instantly. Plus, they are accessible 24/7, so players can access their winnings as soon as they receive them.
Cryptocurrency: You can also withdraw your winnings in crypto. MyStake accepts Bitcoin, Litecoin, TRON, Dogecoin, or Ethereum. Crypto transactions are the fastest and the most secure. You can receive funds in just a few seconds!
| Payment Option | Services | Min. Withdrawal | Max. Withdrawal |
|---|---|---|---|
| Bank Cards | Visa, Mastercard, JCB, Discover | £20 | £15,000 monthly |
| E-Wallets | PayPal, Neteller, Qiwi, Diners Club, WebMoney, Jeton, AstroPay, MiFinity, Interac, Paysafecard, Payz, PayOp | £10 | £15,000 monthly |
| Cryptocurrency | Bitcoin, Ethereum | £50 | £15,000 monthly |
Popular Questions About the Cashout Process at MyStake
How long does it usually take to process a withdrawal at MyStake?
Withdrawals at MyStake are usually processed within 24 hours. However, sometimes, it can take up to 3 business days to complete the transaction. Overall, the casino tries to process the request as soon as possible.
Does the payout time vary depending on the withdrawal method chosen?
Yes, the payout time does vary depending on the withdrawal method you choose. Bank transfers are the slowest and can take a couple of days. On the other hand, e-wallets and cryptocurrencies are the fastest options, with transactions occurring instantly.
Are weekends and holidays taken into account for payout processing time?
Yes, weekends and holidays do impact the processing time of withdrawals at MyStake. The withdrawal time is counted as business or working days only. Thus, weekends and holidays are not taken into account.
Are there any verification processes before the payout?
Yes, MyStake requires players to complete a KYC verification before they can withdraw. The verification process includes an email confirmation, selfie, ID, and address verification. You have to provide all the necessary documents, such as utility bills, bank statements, credit/debit card information, etc.
Are cryptocurrency withdrawals at MyStake processed faster than traditional methods?
Yes, cryptocurrency withdrawals are processed faster than traditional methods like bank transfers. Cryptocurrency are processed almost instantly within a few minutes. However, sometimes the withdrawals may take up to 24 hours.
