PapiBet Deposit & Withdrawal Policy

Effective Date: 17 September 2025

This Deposit & Withdrawal Policy (“Policy”) forms an integral part of the General Terms & Conditions of PapiBet (“PapiBet,” “Company,” “we,” “us,” “our”). By using our Services, you agree to comply with the rules set forth in this Policy.

1. General Principles

• PapiBet operates as a cryptocurrency-only platform. All deposits and withdrawals must be conducted exclusively in the supported cryptocurrencies listed in the cashier section of your account.
• You are solely responsible for ensuring that all transactions are made from and to wallets owned and controlled by you. Third-party payments are strictly prohibited.
• PapiBet assumes no responsibility for loss of funds resulting from user errors, including (but not limited to) transfers to incorrect wallet addresses, use of unsupported blockchain networks, or loss of private keys.

1.1 Restricted Jurisdictions

PapiBet accepts players from most jurisdictions worldwide. However, deposits and withdrawals are not permitted for users located in, residing in, or accessing the platform from restricted jurisdictions. Players are solely responsible for ensuring that online gambling is legal in their jurisdiction before depositing or withdrawing funds.
Restricted jurisdictions include: United Kingdom, Malta, Armenia, Curaçao, North Korea, Syria, Sudan, South Sudan, Yemen, Somalia, Myanmar, Libya.
If a user is found to be operating from a restricted jurisdiction (including via VPN, proxy, or similar technologies), deposits and withdrawals may be blocked, winnings may be voided, and the account may be suspended or closed pending jurisdiction verification and source-of-funds review.

2. Deposits

2.1 Accepted Cryptocurrencies

Deposits are accepted only in the cryptocurrencies currently supported by PapiBet, as displayed in the Payments menu under the Deposit tab. Supported coins and tokens may be added, removed, or changed at our discretion.

2.2 Minimum Deposit Amounts

The minimum deposit amount is 20 USD per transaction.
Each cryptocurrency has a specified minimum deposit requirement listed in the Payments menu under the Deposit tab. Deposits below the minimum may not be credited and may be permanently irrecoverable.

2.3 Accuracy of Deposit Amounts

All cryptocurrency deposits must match the exact amount displayed in the PapiBet-generated deposit invoice or QR code. Players must send the precise invoice amount — no more and no less. Altering the amount by adding digits, removing digits, rounding, or modifying the transfer in any way is strictly prohibited. Incorrect or non-matching transfers may be irretrievably lost and cannot be credited to your account. PapiBet is not responsible for any uncredited, lost, or misdirected deposits resulting from incorrect transfer amounts or deposits sent to the wrong address or network.

2.4 Deposit Confirmations

Deposits must receive the required number of blockchain network confirmations before being credited. Confirmation times vary depending on the cryptocurrency and prevailing network conditions.

2.5 Prohibition of Third-Party Deposits

Deposits from wallets not owned by you (including certain exchange or custodial wallets that do not identify you as the sender) may be blocked, delayed, or rejected.

2.6 Volatility & Conversion

Deposits are credited in the cryptocurrency received. Balances may be displayed in an equivalent fiat currency for reference purposes only. All transactions are recorded and processed solely in cryptocurrency.

3. Withdrawals

3.1 Eligible Wallets

Withdrawals will be processed only to wallets verifiably owned and controlled by you. We may refuse withdrawals to custodial wallets, exchange wallets, or wallets suspected of third-party control.

3.2 Wagering Requirement

All deposited funds must be wagered at least one (1) time prior to withdrawal. PapiBet is a gaming entertainment platform, not a financial service; therefore, all deposits are intended solely for gameplay and cannot be withdrawn or refunded in full without meeting the minimum wagering requirement. If a withdrawal is requested before meeting this requirement, up to ten percent (10%) of the unwagered deposit amount may be withheld to cover payment processing, administrative, and AML compliance costs. Standard withdrawal procedures apply to all unwagered balances.
In addition, all bonus funds and promotional credits are subject to specific wagering requirements as set forth in the Bonus & Promotions Policy. Failure to meet these requirements may result in the cancellation of withdrawal requests, forfeiture of bonus funds and associated winnings, or other actions deemed necessary by PapiBet in its sole discretion.

3.3 Same Method Principle

Where possible, withdrawals will be processed in the same cryptocurrency and to the same wallet address used for deposit.

3.4 Minimum & Maximum Limits

The minimum withdrawal amount is 50 USD per transaction.
Each cryptocurrency may have individual minimum and maximum withdrawal limits displayed in the Payments menu under the Deposit/Withdrawal tabs. PapiBet may also impose daily, weekly, or monthly maximum withdrawal amounts.

3.5 Processing Times

Withdrawal requests are subject to internal review and security checks. The standard processing timeframe for withdrawals is up to two (2) business days; however, depending on the withdrawal method, the completion of KYC/AML procedures (where required), security verifications, or other risk-based factors, PapiBet reserves the right, in its sole discretion, to extend processing times for fraud, compliance, or risk-management reasons up to fourteen (14) calendar days.

3.6 Installments

For withdrawal requests exceeding 500 USD, the Company reserves the right to process the payout in multiple installments. In such cases, withdrawals may be disbursed in tranches of up to 500 USD, with each installment released within three (3) business days of the previous one.
This procedure aims to ensure secure processing, compliance with internal risk-management protocols, and verification requirements. PapiBet may, at its sole discretion, adjust installment schedules based on operational, or security considerations.

3.7 Fees

A fixed withdrawal processing fee of 5 USD applies to each withdrawal request. The withdrawal fee is not deducted from the withdrawal amount — the player must have sufficient balance to cover both the withdrawal amount and the fee.
Example: to withdraw 50 USD, the player must have a minimum balance of 55 USD. The player receives 50 USD, and 5 USD is processed as the withdrawal fee. PapiBet covers blockchain gas fees for USDT TRC-20 and USDT ERC-20 withdrawals unless stated otherwise.

4. Security & Verification

4.1 AML/KYC Verification

PapiBet may require verification of your identity, proof of source of funds, or other documentation before processing withdrawals. Failure to provide requested documentation may result in withdrawal delays, suspension, or cancellation.

4.2 Fraud & Abuse

If PapiBet suspects fraud, collusion, money laundering, bonus abuse, or breach of the Terms & Conditions, we may withhold withdrawals until the matter is resolved. Where necessary, funds may be confiscated.

4.3 Multiple Accounts

Withdrawals may be blocked if you are found to hold multiple accounts or use duplicate identities.

5. Errors & Adjustments

If a withdrawal is processed incorrectly (whether due to system malfunction, human error, or miscalculation), PapiBet reserves the right to reverse or adjust the transaction. You are required to immediately return any funds credited in error. Attempting to withdraw or use such funds constitutes a breach of the Terms & Conditions.

6. Dormant & Inactive Accounts

6.1 Inactive Accounts

Accounts with no activity for an extended period may be classified as inactive or dormant. Withdrawals from such accounts may be subject to additional verification requirements and administrative fees, as set forth in the General Terms & Conditions.

6.2 Eligibility & Email Verification Requirement

Only accounts registered with valid, non-disposable email addresses are eligible to make deposits and withdrawals. Accounts created using disposable, temporary, or public email services—including Mailinator, TempMail, Yopmail, 10MinuteMail, and similar providers—may be subject to temporary holds, verification requirements, or restrictions.
Withdrawals from accounts linked to such domains may be delayed or refused until the player updates their email to a valid address and completes full KYC and wallet verification.

6.3 High-Risk & High-Value Deposit Screening

All cryptocurrency deposits are subject to automated and manual AML screening, including blockchain risk assessment. Large, unusual, or high-risk deposits may be placed on temporary hold pending enhanced verification.
PapiBet reserves the right to request additional documentation before crediting such deposits for gameplay or withdrawal, including but not limited to identity verification, proof of funds, proof of wallet ownership, and transaction history.
Deposits originating from high-risk, compromised, sanctioned, or otherwise flagged wallets may be delayed, rejected, reversed, or returned in accordance with applicable AML obligations and risk-management procedures.

7. Final Provisions

• This Policy forms an inseparable part of the General Terms & Conditions of Papibet.com.
• PapiBet reserves the right to amend, update, or revise this Policy at any time, including (but not limited to) rules governing limits, fees, and supported currencies.
• In the event of any inconsistency between translations, the English-language version of this Policy shall prevail.