About the Binance Platform
As one of the largest cryptocurrency platforms, it supports hundreds of digital assets, one of which is their own Binance Coin, and it also offers services for trading, storing, and transferring crypto. It is known for its user-friendly mobile app, strong liquidity, and fast transaction processing, all of which have helped it gain traction in the online gambling industry.
One of its standout features is Binance Pay, a contactless payment system that lets users send and receive crypto instantly through the Binance ecosystem. Instead of copying wallet addresses or waiting for blockchain confirmations, this feature lets users transfer funds using email addresses, phone numbers, or QR codes, all from within the Binance app. This makes it especially useful in settings where quick and secure crypto payments are needed, like online casinos.
In the casino context, it plays a background role in the withdrawal process. Once a casino sends crypto to your account, the platform gives you full control over the funds. You can hold the crypto, convert it to another coin, or cash it out to a linked bank account or card.
Part of the platform’s appeal is that it’s built around efficiency. Because Binance Pay is integrated into the larger Binance system, transactions tend to be quicker and easier to track than traditional crypto transfers. That convenience, combined with the platform’s scale and crypto support, has made it a solid option for players who want to cash out using crypto.
How to Withdraw from an Online Casino Using Binance Pay
Some online casinos list “Binance” or “Binance Coin” as withdrawal options, but no matter how it’s labeled, withdrawals always run through Binance Pay. That’s the only way funds can be sent directly to a Binance account. If you see Binance listed on a cashier page, it’s important to know what’s actually being used.
- When the Casino Lists “Binance”
If a site shows this as a withdrawal option, it usually means the casino supports Binance Pay, but doesn’t clarify the method. You’ll typically be asked to enter your Binance email, user ID, or a QR code, because these are all linked to your Binance Pay account. - When the Casino Lists “Binance Coin (BNB)”
Some casinos list BNB as the method, but what they’re referring to is the currency used, not the method of transfer. The actual withdrawal will still happen through Binance Pay, but the funds will arrive in your account as BNB. If you want to hold BNB or convert it after the withdrawal, you can do that directly in the Binance app. - When the Casino Lists “Binance Pay”
This is the clearest case. You’ll be asked to provide one of several Binance Pay identifiers so the casino can send the funds. Most commonly, you’ll use your Binance email or scan a QR code.
How to Receive Casino Withdrawals via Binance Pay
Open Binance and Go to the Pay Section
Log into your account and go to the Funding tab. From there, access the Binance Pay section.
Choose How to Receive Payment
- You can accept casino withdrawals through one of the following:
- Your registered email address
- Your mobile number
- Your Binance User ID (UID)
- A QR code generated from the Binance Pay interface
Provide Your Details to the Casino
Most casinos will request your Binance Pay email or UID. Some may accept a QR code if they support scanning. You’ll need to input this during the withdrawal process.
Wait for the Transfer to Complete
Once the casino processes your request, the funds are transferred instantly through Binance Pay. You’ll get a notification in your Binance account once the payment is received.
Manage or Withdraw Your Funds
From there, you can hold the crypto in your wallet, convert it to another coin, or cash out to your bank account, depending on your region.
Binance Pay Withdrawal Limits
Typical Withdrawal Limits
Each online casino sets its own withdrawal limits. These limits can vary based on your account status, verification level, or VIP tier. Here’s what you’ll typically see across most platforms:
Limit Type | Range |
Minimum Withdrawal | €10 – €50 |
Daily Maximum | €2,000 – €10,000+ |
Monthly Maximum | €10,000 – €50,000+ |
Some casinos increase these limits for users with a strong account history or verified ID. Unverified accounts may be subject to stricter limits or may not be eligible for crypto withdrawals at all.
Processing Speeds and Transfer Times
This payment method is known for quick transfers once the casino processes your withdrawal. Here’s how the timing usually works:
Stage | Timeframe |
Casino Approval Time | 1 to 24 hours |
Binance Pay Transfer Time | Instant after approval |
Binance Pay Receiving Fees | None |
Note: The only delay usually comes from the casino’s side. Once your withdrawal is approved, the system delivers the funds almost instantly. You’ll get a notification directly in your Binance account, and from there, you can convert or withdraw the crypto as needed.