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How to use Coindraw at Punt for instant crypto withdrawals.
Blog » Casino guides » What Is Coindraw? Your Ticket to Lightning Withdrawals at Punt

Casino guides, Crypto guides

What Is Coindraw? Your Ticket to Lightning Withdrawals at Punt

September 23, 2022

How to Use Coindraw for Faster Crypto Withdrawals at Punt

If there’s one outstanding benefit to using crypto for playing online casino games other than cheaper transactions and increased security, it’s the speedy deposits and withdrawals. But now, thanks to the Coindraw crypto withdrawal system, they’re even faster.

But what is Coindraw exactly, how does it work, and how can this revolutionary Bitcoin withdrawal method benefit the player? Let us explain.

 

What exactly is Coindraw and how does it work?

Let’s start with the basics. At Punt Casino, there are 2 withdrawal methods. You can cash out using the regular Bitcoin withdrawal method, which usually takes about a day to be paid out as all transactions are verified by actual humans – yes, real people, just like you.

Then there is the option to use the Coindraw wallet withdrawal option. It’s an in-house payment system that could deliver your crypto winnings within 3 minutes – yes, 3 minutes, people. This means you can pocket those winnings from our new and improved Welcome Package at lightning speed.

The Punt Casino Welcome Package offers up to 6 BTC in bonus funds and 100 free spins across the first 3 deposits.

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Not only will it deliver your winnings faster than before, but it will also make your withdrawal process a little easier. When requesting your withdrawal in the cashier menu, the option to withdraw funds using the Coindraw crypto option will appear below. However, you’ll need to meet the withdrawal requirements to be eligible for this payment method.

 

Coindraw crypto withdrawal requirements:

To qualify for a Coindraw Bitcoin withdrawal, there are a few requirements that need to be met first. As we mentioned, this withdrawal option will appear when requesting your cashout. But if the requirements are not met, you won’t be able to use it. So, what is Coindraw calling for when it comes to withdrawal requirements? Let’s take a look.

  1. Your last 3 transactions must have been made using crypto. However, since this is Punt, and crypto is the name of the game – that should be an easy one.
  2. Your deposits over the last 6 months must total at least $100 or more. 
  3. If your last transaction was claiming a free chip or no-deposit bonus, the Coindraw wallet withdrawal option will not be available.
  4. Playthrough requirements on bonus funds must first be met before requesting Coindraw Bitcoin or other crypto withdrawals.

Here’s an example of what your crypto cashout could look like when requesting your withdrawal in the Cashier menu using the Coindraw payment method:

Using Coindraw for instant Bitcoin withdrawals at Punt Casino.

 

Are there withdrawal limits?

Withdrawal limits generally apply to all withdrawal methods no matter where you play. Fortunately, the withdrawal limits for Coindraw Bitcoin withdrawals and other cryptos are more than reasonable, and leave enough room to cash out those hefty wins from our payout-packed slots and table games at Punt.

Crypto games at Punt Casino.

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Every player is entitled to 3 Coindraw wallet withdrawals over a 7-day period (168 hours). The maximum withdrawal amount per transaction is $1,500, which means you can cash out up to $4,500 over 7 days.

You will also need an active Bitcoin wallet, so make sure you’ve set one up before playing at Punt (you’ll need it for deposits too). As for topping up your account, if you don’t know where or how to purchase your crypto, our handy Bitcoin Guide has that covered too. 

 

Take advantage of speedier withdrawals at Punt Casino

The days of waiting for your casino withdrawals to reflect in your wallet are over. Using the Coindraw crypto withdrawal method at Punt is the fastest way to receive your funds than anywhere else – just another way we’re changing the game for the better at Punt.

 

Coindraw FAQ

What is Coindraw

It’s an in-house crypto payment system that can be used at Punt Casino and many other casino brands from the same group. All regular crypto withdrawals are first analyzed and approved by operators from the casino, but Coindraw’s automatic payment system streamlines the process and makes it much faster . It can speed up your withdrawals when cashing out your winnings from Punt Casino.

How does Coindraw work? 

When requesting your withdrawal in the Cashier menu, the Coindraw crypto withdrawal option will appear as a payment method along with the regular Bitcoin payment method. This option can only be used if you meet the requirements mentioned in the guide above, and will allow you to withdraw your funds faster than using the regular payment methods.

Simply select the Coindraw option provided, insert your withdrawal amount, and provide your wallet receiving address. You must have an active Bitcoin Wallet if you want to cash out using the Coindraw Bitcoin or other crypto payment method.

Where do I sign up for a Coindraw casino withdrawal?

Right here, at Punt Casino. If you’re looking to withdraw funds at lightning speed using Coindraw Bitcoin withdrawals, sign up with Punt Casino and start winning big on our massive selection of mega-money jackpot slots today.

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Ethan

With over a decade in the online gambling industry and a passion for all things crypto, Ethan offers valuable insight into playing at Punt with in-depth reviews, gambling guides, and informative content to help our readers make the best of their Punt Casino experience. Get all the ins and outs of crypto gambling with Ethan and our team of gambling experts right here, on the Punt Casino blog.

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