Moving money in and out of Rainbet
Rainbet withdrawals are paid in cryptocurrency and typically take 5 to 15 minutes. Deposits come in by crypto or gift card, and the 1x wager lock is the rule that ties the two together.
How does a Rainbet withdrawal work?
With a Rainbet withdrawal, funds move from your account balance to a crypto wallet address that you provide. Typically, withdrawals take 5 to 15 minutes.
| Detail | What Rainbet publishes |
|---|---|
| Withdrawal time | Typically 5 to 15 minutes |
| Minimum withdrawal | $15, or the equivalent in your coin |
| Condition | A crypto deposit must first be wagered once (the 1x wager lock) |
| Withdrawal commission | None after the deposit has been wagered once |
| With a promotion active | The usual wager requirement is doubled |
| Deposits credited | After one blockchain confirmation |
Which deposit methods does this page cover?
Two deposit routes documented by Rainbet are covered here: cryptocurrency and gift cards. Rainbet puts crypto first and supports nine coins.
| Coin | Ticker | Approximate confirmation time |
|---|---|---|
| Ethereum | ETH | Under 1 minute |
| Solana | SOL | Under 1 minute |
| XRP | 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 |
| Tether | USDT | Not listed by Rainbet |
| USD Coin | USDC | Not listed by Rainbet |
One confirmation on the network is what updates your balance. A Bitcoin deposit is taken step by step on Rainbet Bitcoin.
What is the 1x wager lock?
Under the 1x wager lock, the amount of a crypto deposit must be wagered once before it can be withdrawn. If you deposit the equivalent of $40, $40 in total wagers is needed first.
Two things come from the lock. It is a condition for withdrawing, and it also marks the point after which no withdrawal commission is charged. Rainbet states it for crypto deposits.
Rainbet's terms double the usual wager requirement when you take a promotion. Before asking for a withdrawal, see whether a promotion is active.
How does a Rainbet gift card deposit work?
A Rainbet gift card deposit is powered exclusively by Kinguin. Gift cards are listed among deposit methods in Rainbet's help centre, under the heading Gift Card Deposits by Kinguin.
A gift card is only a way to put funds in. Because withdrawals go out in crypto, a wallet address is still needed to cash out.
How do you make a withdrawal?
- Make sure your crypto deposit has been wagered once and your balance is $15 or more.
- Log in at rainbet.com and begin a withdrawal in your account.
- Follow the steps on screen, and see that the coin and network match your wallet.
- Paste in your own wallet address and check every character.
- Confirm. Typically, withdrawals take 5 to 15 minutes.
What your wallet expects must match the coin and the network. Once a blockchain transfer has been sent, it can't be reversed.
What do network fees cost?
The blockchain receives the network fees. For Tron, Solana, BNB Smart Chain and Litecoin, Rainbet describes fees as a fraction of a cent to a few cents. For Bitcoin and Ethereum, it describes fees as lower than most banking equivalents in normal conditions.
Why are the figures in US dollars?
This page follows Rainbet in giving limits in US dollars. What $15 equals in your own currency depends on that day's exchange rate. The price of your coin also moves, so a balance held in Bitcoin or Ethereum changes in dollar value over time. USDT and USDC are designed to follow the dollar.
Where do real Rainbet deposits start?
Each Rainbet deposit begins inside your own account at rainbet.com. Send only to the address displayed there.
- A page that accepts a payment on its own site and says it will credit a Rainbet balance is outside that process.
- So is a chat contact or an agent who offers to deposit or withdraw on your behalf.
- Take any message asking for a payment to release a withdrawal as a warning sign.
What if a withdrawal hasn't arrived?
Begin by looking up the transaction on the blockchain with its transaction ID. If it shows as confirmed, the delay lies with your wallet or exchange. If it doesn't, contact live chat. Identity documents may be requested by Rainbet where its licence requires it. The official contact routes are listed on Rainbet support.
What do you need before a first deposit?
- A Rainbet account. Signup uses email only.
- Any of the nine supported coins, held in a wallet or on an exchange, or a gift card for a Kinguin-powered deposit.
- A decision about the welcome bonus. You opt in on the promotions page before depositing, as Rainbet bonus explains.
- The two figures that count later: the $15 minimum withdrawal and the 1x wager lock on crypto deposits.
Once those are sorted, a crypto deposit is credited after one blockchain confirmation.
Questions and answers
How much time does a Rainbet withdrawal take?
Typically, a Rainbet withdrawal takes 5 to 15 minutes.
What is the smallest Rainbet withdrawal?
$15, or the equivalent in the coin you choose.
Does Rainbet charge for a withdrawal?
No withdrawal commission applies after the deposit has been wagered once. The blockchain's own network fee still applies.
Which coins can I use at Rainbet?
Nine: BTC, ETH, LTC, XRP, SOL, TRX, BNB, USDT and USDC.
What does a Rainbet gift card mean?
It is a deposit method. Rainbet's gift card deposits are powered exclusively by Kinguin.
Why is my deposit not withdrawable straight away?
Every crypto deposit carries a 1x wager lock, so the deposit amount must be wagered once before withdrawal. A promotion doubles the usual requirement.
Wager once, withdraw after
$15 minimum, paid in crypto.