mBit Casino Deposits and Withdrawals

Maximum withdrawal amounts processed to a player within a 7-day period is 3 BTC (or currency equivalent), and 10 BTC within a 30-day period, unless otherwise specified in the promotional Terms & Conditions, where exceptions can be made to players with a higher VIP status and players who win a progressive jackpot.

If you win 10 Bitcoins or more, we reserve the right to divide the payout into ten instalments, paid with 10 percent every month for 10 months until the full amount is paid out.

To withdraw any funds which have been deposited, we require your deposit to be fully confirmed by the blockchain before a withdrawal can be made. If you deposit with a small mining fee, the confirmations can take over an hour.

All cashouts requested to a wallet address that was unused in our system before will require confirmation via email before being processed.

The casino reserves the right to check player's identity (KYC procedure) prior to processing payouts and to hold withdrawals for the time needed to check the player's identity. Failure or denial to pass the identity check will result in confiscation of winnings or refund of the last deposit.

The payment team at mBitcasino reserve the right to carry out additional verification procedures for any payout exceeding the equivalent of 1 Bitcoin, and further reserves the right to carry out such verification procedures in case of lower payouts.

Your account will be deemed 'Dormant' if you have not made a deposit, a withdrawal, or placed a bet/wager for a period of twelve (12) months. After the eleventh (11) month of inactivity, we will provide an email notice to the email address registered to the account, advising that the Account balance will be set to Dormant in thirty (30) days from the notice.

If the Account remains dormant, at 36 months of inactivity, your account will be considered "Abandoned" and any account balance will be forfeited minus administrative fees.

The player is fully responsible for paying all fees and taxes applied to their winnings according to the laws of the jurisdiction of player's residence.

Please note that if you requested a withdrawal, but the sum of bets made since last deposit is less than three (3) times the size of that deposit, the Casino reserves the right to charge you the costs of transaction processing for deposit and withdrawals.