BOL charging for Bitcoin withdrawals now

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sportsbettor5

sportsbettor5

Joined
Jan 14, 2022
Messages
539
Edit by BMR Moderator:

We spoke with BetOnline.

Bitcoin is the only crypto method with a current withdrawal fee. If this changes in the future we will be advised.

Players can withdraw with any alt coin regardless of their deposit method being BTC.

The fee structure for BTC payouts at the moment is in the table below. In the coming months they plan to change the fee to an estimated amount based on network congestion.

Amount
Fixed Fee Amount
50-100
$2
100.01-500
$2
500.01-1,000
$3
1,000.01-5,000
$5
5,000.01-10,000
$10
10,000.01-50,000
$15
50,000.01+
$20

------
source
 
Last edited by a moderator:

sportsbettor5

sportsbettor5

Joined
Jan 14, 2022
Messages
539
Hoping that some players will share with us the fees that they incur when withdrawing with BTC at BOL.

Also, can anyone confirm if it would be possible for a player to deposit only in BTC and withdraw only in another cryptocurrency such as LTC?

@ks1986
 

BMR Forum

BMR Forum

Joined
Nov 15, 2012
Messages
491
Also, can anyone confirm if it would be possible for a player to deposit only in BTC and withdraw only in another cryptocurrency such as LTC?

@ks1986
Good question. We will ask BetOnline and also ask for more specifics about these network fees relative to a $100 payout, $1,000 payout etc. User feedback would be appreciated.

We updated the BetOnline review concerning the BTC network withdrawal fees, and will share anything else we learn.
 

BMR Forum

BMR Forum

Joined
Nov 15, 2012
Messages
491
We spoke with BetOnline.

Bitcoin is the only crypto method with a current withdrawal fee. If this changes in the future we will be advised.

Players can withdraw with any alt coin regardless of their deposit method being BTC.

The fee structure for BTC payouts at the moment is in the table below. In the coming months they plan to change the fee to an estimated amount based on network congestion.

  1. Amount
  1. Fixed Fee Amount
  1. 50-100
  1. $2
  1. 100.01-500
  1. $2
  1. 500.01-1,000
  1. $3
  1. 1,000.01-5,000
  1. $5
  1. 5,000.01-10,000
  1. $10
  1. 10,000.01-50,000
  1. $15
  1. 50,000.01+
  1. $20
 

sportsbettor5

sportsbettor5

Joined
Jan 14, 2022
Messages
539
We spoke with BetOnline.

Bitcoin is the only crypto method with a current withdrawal fee. If this changes in the future we will be advised.

Players can withdraw with any alt coin regardless of their deposit method being BTC.

The fee structure for BTC payouts at the moment is in the table below. In the coming months they plan to change the fee to an estimated amount based on network congestion.

Amount​
Fixed Fee Amount​
50-100
$2​
100.01-500
$2​
500.01-1,000
$3​
1,000.01-5,000
$5​
5,000.01-10,000
$10​
10,000.01-50,000
$15​
50,000.01+
$20​
Thank you for this information!
 
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