Velobet Currencies: GBP, USD and Crypto Options

Which Currencies Does Velobet Support?

When you register for an online casino Velobet account, we let you hold and play in GBP, USD, and eight cryptocurrencies: BTC, BCH, ETH, LTC, XRP, DASH, XMR and USDT, plus XLM for crypto deposits. Every new balance opens in whichever currency matches your first deposit, and the minimum to get started is £10 or the equivalent in any supported coin, the same figure used across our deposit and withdrawal methods.

Fiat players keep everything in pounds or dollars, avoiding conversion entirely if their bank already deals in one of those two currencies. Crypto players, meanwhile, fund and withdraw in the coin they deposited with, so a Bitcoin deposit stays in BTC right through to payout unless they choose otherwise. Crypto deposits are available the moment you sign up, while GBP and USD deposits require you to complete your profile under My Account first.

Choosing between fiat and crypto

UK-based players typically pick GBP, since our welcome bonus packages, deposits and withdrawal limits are all quoted directly in pounds (£7,500 a week, £15,000 a month) with no exchange step. Players outside the UK who bank in dollars can use USD instead, while anyone holding crypto already can deposit in BTC, ETH, LTC, XRP, BCH, DASH, XMR, USDT or XLM and skip card processing altogether. For example, a player depositing £50 by card keeps a GBP balance throughout, while a player depositing 0.01 BTC keeps that balance, any bonus, and the eventual withdrawal entirely in BTC, with no currency conversion at any point.

Currency Conversion and Which One to Choose

Holding a balance in GBP or USD costs nothing extra, since both sit at the core of our account currencies and need no exchange step; the eight cryptocurrencies we accept likewise stay in their own denomination from deposit to payout, so a USDT balance never quietly becomes GBP. The one conversion-style charge that can apply is an intermediary bank fee, capped at £16 per transfer. We also don't accept third-party payments in any currency; sharing a wallet or account with another player leads to closure and a 20% settlement fee deducted from the balance.

Bank transfer is not available for USD payouts, so dollar-balance players withdrawing by bank rely on card or crypto instead. Our withdrawal limits of £7,500 a week and £15,000 a month are quoted in the £/$ equivalent of whichever currency a player holds, and wins above £15,000 are paid out in monthly instalments capped at £15,000 regardless of currency, as detailed on our payouts page. The maximum win per single bet or spin is the crypto equivalent of £100,000, with progressive jackpots paid in full. Whichever currency you withdraw in, processing takes up to three banking days, including for bank transfer.

For players banking in pounds, GBP keeps every figure on this account, from the £10 minimum deposit to the weekly withdrawal cap, exactly as quoted with no conversion at either end. Players who already hold Bitcoin, Ethereum, Litecoin, Ripple, Bitcoin Cash, Dash, Monero, Tether or Stellar can deposit and withdraw in that same coin and bypass bank processing entirely.

Currency Overview at a Glance

Here is how our two fiat currencies and nine cryptocurrencies compare once you start depositing and withdrawing on this account, from minimum stakes to processing speed.

Whichever currency a player chooses, the £10 minimum deposit and the £7,500 weekly / £15,000 monthly withdrawal caps apply in that currency's own equivalent, and every withdrawal is processed within three banking days regardless of currency. Crypto deposits also skip the profile-completion step that GBP and USD deposits require, letting verified wallets fund an account within minutes of signing up. For the complete picture of our bonuses, games and payment options together, see our full overview.