Betpanda Withdrawal Time: How Long Does It Take?

We’ve looked at the current BetPanda withdrawal time for crypto withdrawals from their website. It’s possible to withdraw via the Bitcoin Lightning Network for almost instant withdrawals from the site, although you can use other crypto options too.

We’ll cover the withdrawal time details here, including potential delays, account security checks, and busier times on the network you choose to use for your withdrawal. You can also check the maximum withdrawal amounts you can request daily, weekly, and monthly. We’ve also provided wagering info on deposits and bonuses you’ll see at BetPanda and how this affects withdrawals.

What is the BetPanda withdrawal time?

This depends on the cryptocurrency you’ve opted to use. Note that Bitcoin provides quicker withdrawals than other cryptocurrencies, regardless of how you’re accessing the site. You can withdraw using your mobile device as well, since the site is optimized for your phone (you can’t use a BetPanda app yet). We’ve noted the basic facts in this table for easier reference.

Common questions about BetPanda withdrawals

If you’ve won while playing BetPanda Aviator or any of their other casino games - or by betting on sports - you would want to withdraw your winnings, of course. Here’s what you must know before you do that, so you’re clear on the current rules.

1. Does BetPanda impose any withdrawal limits on amounts?

Yes - we’ve provided the data in the following table. You can request higher limits by sending an email to their support email address if required. Note that you’re not guaranteed to be approved for this - it is merely a request.

2. Is there a minimum amount you can withdraw?

Yes - you must have the equivalent of at least $10 in your account before you can request a withdrawal. The exact amount varies depending on the specific cryptocurrency you’ve chosen to use at BetPanda.

3. Does BetPanda charge a withdrawal fee?

No, but there is a chance you may be charged a fee by the method you choose to receive your funds by. Here’s what you should do before going ahead - check the network you’re intending to use, to see which fees apply and how much they might be. Ideally, you’ll want to do this before depositing.

4. Why is it quicker to withdraw to Bitcoin?

BetPanda works with the Bitcoin Lightning Network. As you might guess from the name, this is the fastest way to receive funds to your Bitcoin wallet. It means that if you choose to withdraw from your BetPanda account in this way, you could receive your withdrawal in seconds.

5. Can you withdraw via a different crypto method than the one you deposited with?

No - you must use the same one. This means you can’t deposit via Ethereum and decide to withdraw via the Bitcoin Lightning Network, for example. 

6. Is there anything else that could delay making a withdrawal from your BetPanda account?

Yes - even if BetPanda processes the withdrawal without delay, your chosen network could experience a particularly busy period processing transactions. This could potentially slow things down for you. 

7. Do you need to meet any wagering requirements first?

You should make sure you wager your deposits at least once before attempting a withdrawal. If you try to withdraw winnings before this point, BetPanda will reject your request. You should also check any separate wagering requirements for specific bonuses, such as a BetPanda no deposit bonus if you’ve got one. 

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What do user reviews say about BetPanda withdrawal reliability?

Don’t just trust our word on this - online reviews at Trustpilot provide more insight into what current users think of BetPanda and its withdrawal service. We’ve seen some negative reviews on that topic, along with several positive ones. BetPanda can take up to a month to reply to negative reviewers, although they do eventually respond to most of them.

Potential security checks

BetPanda will review some accounts prior to releasing a withdrawal. One Trustpilot reviewer noted it took three days to receive their funds, following a security check. Some were asked to complete Know Your Customer (KYC) checks.

Fast crypto payouts for many users

Several users noted quick payouts with no issues. In these cases, no users mentioned the specific amount of time it took to receive their funds. One reviewer noted that ‘withdrawals are smooth,’ which suggests they had no issues with how long it took.

Pros and cons of the BetPanda withdrawal time

If you’ve met the wagering requirements on your deposits and on any bonuses you might have received - such as BetPanda free spins for example - you should be able to make a quick withdrawal. We’ve detailed key pros and cons for the overall service.

BetPanda offers quicker withdrawals with some caveats

Don’t take our word for it - check the available cryptocurrencies you can use at BetPanda, note the minimum deposit and withdrawal amounts available (equivalent to $10 in your cryptocurrency) and remember that you need to wager anything you deposit at least once before you’re able to withdraw. You can visit BetPanda by clicking one of the links here to reach the official site.

Remember that you’ve got the time it takes BetPanda to approve your withdrawal and process it, plus the time it takes your cryptocurrency network to complete the transaction. Oftentimes, it will only take a few minutes to complete, but you now know the potential delays that could happen as well. It’s best to be prepared.

BetPanda withdrawal time FAQs