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Litecoin LTC withdrawal fees 15 USDT at Slots of Vegas when network cost is 0.12 USDT

JKLeader✔ verified704 views
24

Hit a decent win at Slots of Vegas and went to cash out 2.8 LTC ($240 at current rates). The withdrawal fee shows as 15 USDT which is absolutely ridiculous when actual Litecoin network fees are running 0.10-0.15 USDT right now.

I've been tracking crypto casino fees across multiple brands for years and this is one of the worst markups I've seen. For comparison, Wild Casino charges 0.5 USDT for LTC withdrawals and BetWhale is at 1 USDT.

Anyone else seeing this massive fee structure at SOV? The 15 USDT represents over 6% of my withdrawal amount, which makes smaller cashouts completely unviable.

5 replies

  1. 9

    That's highway robbery honestly. I stick to BTC for this exact reason - most places charge a flat 0.0005 BTC regardless of network conditions.

    Slots of Vegas has always been pricey on the alt-coin fees from what I remember. Last time I checked their ETH withdrawal was something like 40 USDT when gas was only 12 USDT on-chain.

  2. 12
    ATAnna T.Regular

    I noticed this too when I tried to withdraw LTC from SOV last month. Ended up converting to Bitcoin inside their cashier and taking the BTC withdrawal instead - saved me about 8 USDT even with their conversion spread.

    Their fee structure seems designed to push everyone toward Bitcoin withdrawals. Not necessarily a bad thing since BTC is usually the most reliable option anyway, but the transparency could be better.

  3. 8
    MRMike R.Member✔ verifiedAccepted answer

    This is exactly why I always check withdrawal fees before depositing. SOV's fee schedule is listed in their cashier but it's buried pretty deep.

    For what it's worth, Cafe Casino and Super Slots both charge around 2-3 USDT for LTC which is much more reasonable. If you're planning to withdraw smaller amounts regularly, might be worth switching brands.

  4. 3
    JPJess P.Regular

    The markup is definitely excessive but I've found SOV's LTC withdrawals are usually processed within 2-3 hours which is faster than some other brands that charge less.

    Still doesn't justify a 125x markup over network costs though. I'd probably convert to BTC like Anna suggested if you're stuck there for now.

  5. 15

    Thanks for the conversion tip Anna - didn't think about using their internal exchange. Just checked and the BTC withdrawal fee is 0.0005 BTC (about 22 USDT) but that's still better than 15 USDT for a smaller LTC amount.

    Definitely moving my action to brands with more reasonable fee structures going forward. This kind of markup makes it clear they don't want to support LTC withdrawals.

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