BetWhaleCrypto & Banking

Chainlink LINK deposits at BetWhale but withdrawal fees 45 LINK vs 12 LINK at other casinos

JKJen K.Leader✔ verified1 hour ago811 views

Just noticed BetWhale added Chainlink LINK deposits last week which is great since I hold a decent bag. Deposits went through instantly with just 12 network confirmations required.

But their withdrawal fee is 45 LINK which seems excessive. For comparison, I checked a few other crypto casinos:

Wild Casino: 12 LINK withdrawal fee
Ignition Casino: 15 LINK withdrawal fee
Cafe Casino: 18 LINK withdrawal fee

At current LINK prices around $23, BetWhale is charging $1,035 to withdraw vs $276 at Wild Casino. That's nearly 4x higher. Anyone know if this is temporary or their standard fee structure for newer altcoins?

4 replies

9
MDMark D.Regular✔ verified48 minutes ago
Those BetWhale fees are brutal. I stick to BTC withdrawals specifically to avoid this kind of markup on altcoins. Most crypto casinos seem to set higher fees on newer coins, probably to discourage withdrawals until they figure out their liquidity management.

Wild Casino has been solid for altcoin fees in my experience. Their LINK fee at 12 tokens is reasonable considering network costs are usually 2-3 LINK max.
11
ATAnna T.RegularAccepted answer36 minutes ago
I've seen this pattern before with new coin additions. BetWhale probably started with conservative fees and will adjust down over time. When they first added MATIC, withdrawal fees were 150 tokens, now they're down to 45.

That said, 45 LINK is still way too high. I'd contact their support and ask about fee adjustments. Sometimes they'll manually reduce fees for larger withdrawals if you ask nicely.
7
MRMike R.Member✔ verified24 minutes ago
This is exactly why I convert everything to Bitcoin before withdrawing. Even with the extra conversion step, the BTC withdrawal fees are predictable and usually under $15 equivalent.

BetWhale's BTC fee is 0.0005 BTC which works out to about $21 at current prices. Much better than paying $1,000+ to withdraw LINK directly.
19
JPJess P.Regular12 minutes ago
Just checked and Ignition Casino doesn't actually support LINK withdrawals yet, only deposits. So you'd need to convert there too.

Cafe Casino and Wild Casino both support full LINK deposits and withdrawals. Given the fee difference, Wild Casino is clearly the better option for LINK players right now. Their 12 LINK fee is reasonable and they process altcoin withdrawals within 6 hours in my experience.

Play smart. Play responsibly.