Velobet Currencies: GBP, USD and Crypto Explained

Which Currencies Can You Hold in Your Account?

At Velobet Casino, every account balance sits in GBP, USD, or one of eight cryptocurrencies: BTC, ETH, LTC, XRP, BCH, USDT, XMR and DASH. Deposits start from £10 or its equivalent, and the currency you pick decides which welcome bonus you qualify for and how quickly your money clears.

GBP and USD Balances

GBP is the natural choice for a UK-based account, matching the £10 minimum deposit and the £10 minimum withdrawal without any conversion step. USD balances are accepted too, but bank transfer withdrawals are not available for USD payouts, so USD holders need an alternative method to cash out. Weekly withdrawal limits run to £7,500 and monthly limits to £15,000, though VIP players may be granted higher caps through our loyalty programme, with figures quoted interchangeably in £ or $ depending on the balance held.

Eight Supported Cryptocurrencies

BTC, ETH, LTC, XRP, BCH, USDT, XMR and DASH can all fund an account, and crypto payments are available immediately after sign-up, before the rest of the profile is completed. Choosing a crypto balance also opens a separate crypto welcome package worth 160% on a first deposit between £10 and £1,000. A single bet or spin funded in crypto can win up to the crypto equivalent of £100,000, and progressive jackpots are always paid in full.

What Does Currency Conversion Cost?

Converting between currencies is not something we charge for directly, but two costs can apply depending on how you deposit and play. Intermediary bank charges on transfers are capped at £16, and any deposit that has not been wagered at least once before a withdrawal request can lose 20% of its value. Large wins above £15,000 are paid out in monthly instalments capped at £15,000 each, whichever currency the balance is held in. Picking a currency that matches your bank or wallet avoids the bank charge entirely.

For a UK player, GBP removes the conversion question altogether: deposits, the £10 minimum withdrawal, and the £7,500 weekly limit are all quoted in the same currency you already bank in, so nothing is recalculated behind the scenes. USD works the same way for a dollar-based card or wallet, though USD payouts cannot be requested by bank transfer, which pushes USD holders toward another withdrawal method instead. Shared wallets or accounts between players are not permitted and lead to account closure plus a 20% settlement fee.

Crypto balances avoid bank intermediary fees altogether, since BTC, ETH, LTC, XRP, BCH, USDT, XMR and DASH move directly between wallet and account. A player who already holds crypto can deposit and withdraw in the same coin without ever touching a bank rate, and withdrawals across all methods, including bank transfer, are processed within 3 banking days once requested. The same £10 minimum withdrawal applies to crypto balances as it does to GBP or USD, so small conversions are never forced before cashing out.

Currency Options at a Glance

Ten currency options split into two groups at Velobet Casino: GBP and USD as fiat, and eight cryptocurrencies alongside them. Each one carries its own minimum deposit, withdrawal method and bonus eligibility, set out below, with a shared £10 minimum and £7,500 weekly withdrawal cap regardless of which one you choose.

Whichever currency matches your bank or wallet, the £10 minimum applies to both deposits and withdrawals, weekly limits top out at £7,500 and monthly limits at £15,000, and a crypto balance is what unlocks the separate 160% welcome package alongside faster, fee-free transfers.