Paying in and cashing out at Rainbet
Cryptocurrency sits at the centre of Rainbet deposits and withdrawals. Nine coins are supported, a deposit is credited once the blockchain gives one confirmation, and withdrawals are typically processed and sent within 5 to 15 minutes.
What payment methods are on Rainbet's list?
Nine cryptocurrencies are at the heart of Rainbet deposits and withdrawals. The only other deposit method covered here is gift cards, exclusively powered by Kinguin.
| Method | Detail |
|---|---|
| Cryptocurrency | BTC, ETH, LTC, XRP, SOL, TRX, BNB, USDT and USDC |
| Gift cards | Exclusively powered by Kinguin |
Limits are stated by Rainbet in US dollars. Before you send anything, ask support which methods are open on your account.
What is the process for a crypto deposit?
- Choose a coin you already hold from the nine supported.
- Take the deposit address from your Rainbet account, and make the coin and network the same as those your own wallet will send on.
- Send the funds. One blockchain confirmation is what credits the deposit.
Blockchain transfers can't be reversed. Funds sent on the wrong network are usually lost, so go over the address and the network twice.
How quickly is a deposit credited?
Since one confirmation credits a deposit, the wait varies with the network chosen.
| Network | Time to one confirmation |
|---|---|
| Ethereum (ETH) | Under 1 minute |
| Solana (SOL) | Under 1 minute |
| XRP | Under 1 minute |
| BNB Smart Chain (BNB) | Under 2 minutes |
| Tron (TRX) | Under 2 minutes |
| Litecoin (LTC) | Under 10 minutes |
| Bitcoin (BTC) | Around 10 minutes |
Which conditions apply to withdrawals?
Rainbet publishes the withdrawal conditions, and every account is subject to them.
| Condition | What Rainbet publishes |
|---|---|
| Minimum withdrawal | $15 or the currency equivalent |
| Processing time | Typically 5 to 15 minutes to process and send |
| Wager lock | All crypto deposits carry a 1x wager lock |
| Commission | No withdrawal commission after the deposit has been wagered once |
A crypto deposit has to be wagered once before withdrawal, which is what the 1x wager lock means. Meeting it has two effects: the deposit is cleared for withdrawal and the withdrawal commission no longer applies. With a promotion taken, the usual wager requirement is doubled.
How are gift card deposits handled?
Among Rainbet's deposit methods are gift cards, exclusively powered by Kinguin. In Rainbet's help centre the method is filed as Gift Card Deposits by Kinguin. For anyone wondering how to deposit on Rainbet without crypto, it is a listed deposit method that is not a crypto transfer.
Do fees apply?
After a deposit has been wagered once, Rainbet charges no withdrawal commission. Every transfer does carry a network fee from the blockchain, which is paid to the network and not to Rainbet.
- Tron, Solana, BNB Smart Chain and Litecoin: network fees are put by Rainbet at a fraction of a cent to a few cents.
- Bitcoin and Ethereum: fees are described by Rainbet as lower than most banking equivalents in normal conditions.
- Your own wallet or exchange may charge a withdrawal fee of its own when you send to Rainbet.
Does Rainbet set a minimum deposit?
A welcome offer sets its own minimum qualifying deposit, detailed on Rainbet bonus. For a standard deposit, if the sum you have in mind is small, ask live chat before sending.
Are identity documents requested?
An email address is all that signing up needs. Identity verification may be requested by Rainbet where its licence requires it. To avoid delays later, give your real details whenever they are asked for.
How do you pick a coin?
Go for the coin you already hold, unless speed or fees steer you to another.
- For speed: Ethereum, Solana and XRP confirm in under a minute.
- For low network fees: Tron, Solana, BNB Smart Chain and Litecoin.
- For a steady value: USDT and USDC are stablecoins that follow the US dollar.
- For familiarity: Bitcoin, which has the longest wait at around 10 minutes.
Whichever you choose, withdraw using a network that your own wallet supports.
More than one blockchain carries USDT and USDC. Use the same network at both ends of the transfer, as a stablecoin sent on the wrong network may never arrive.
While a stablecoin sits in your own wallet it keeps its dollar value, so a sum such as the $15 minimum withdrawal is simpler to judge.
What if a withdrawal hasn't arrived?
- Make sure the amount is at least $15.
- Make sure the crypto deposit has been wagered once, or twice over if a promotion was taken.
- Use the transaction ID to look the transfer up on a public block explorer.
- If nothing has moved, get in touch via live chat. See Rainbet support.
There is a separate page for Bitcoin at Rainbet Bitcoin.
Questions people ask
What is the time for a Rainbet withdrawal?
Rainbet typically processes and sends withdrawals within 5 to 15 minutes. How soon the funds arrive then depends on the blockchain network.
What is the minimum Rainbet withdrawal?
Rainbet's minimum withdrawal is $15 or the currency equivalent.
Which crypto coins can I use at Rainbet?
Nine: BTC, ETH, LTC, XRP, SOL, TRX, BNB, USDT and USDC.
How are gift cards used at Rainbet?
Gift cards are among Rainbet's deposit methods, and they are exclusively powered by Kinguin.
What does the 1x wager lock on Rainbet deposits mean?
Every crypto deposit has to be wagered once before it can be withdrawn. After that, no withdrawal commission applies.
Are there withdrawal fees at Rainbet?
After the deposit has been wagered once, Rainbet charges no withdrawal commission. The network fee of the blockchain still applies.
Wager once, then withdraw
A 1x wager lock applies to every crypto deposit.