Reviewing Deposit/Cash-Out process at Crypto Loko Casino

Hi LCB'ers, 

To test unlicensed Crypto Loko Casino, we asked our tester to visit.and investigate this platform. He went through the standard procedure, which includes registration, deposit, gameplay, and withdrawal. Highlights:

• Tester of the day: Juggaloroscoe
• Registration date: April 6, 2023
• Deposit of USD 200 in Bitcoin made on April 6, 2023
• KYC was not requested on this occasion
• Withdrawal of USD 100 in Bitcoin requested on April 17, 2023.
• Withdrawal received: USD 94.63 on April 17

In this video report, we bring you insights from our tester’s extensive investigation of Crypto Loko Casino. Eager to see how rapid this US-friendly operator is in handling Bitcoin payments, our tester registered, made a deposit, played some games, and made a cashout request. Mind you this operator runs without a license, which is why he needed to open his eyes even wider.

Were there any troubles along the way? Did he manage to withdraw the funds with no obstacles? Keep watching our Crypto Loko Casino video reports to find out!

Registration

On April 6, 2023, our tester registered at Crypto Loko Casino. As soon as he filled in a simple form, the tester verified his e-mail address and phone number via a confirmation code.

The entire process was completed within less than two minutes. To be able to register, players must be at least 21 years or older.

Deposit

After a quick and simple registration, the tester visited the cashier, intending to deposit. He was offered a couple of predetermined sums ($30, $50, or $100), as well as the option to enter the sum himself, which he did. He decided to deposit $200, which, expressed in Bitcoin was 0.00709721 BTC. A bit more than 5 minutes later, the amount appeared on his casino balance.

To deposit options, players can choose Bitcoin, Litecoin, Dogecoin, Ethereum, Bitcoin Cash, and a couple of other crypto options. The minimum deposit amount is $10.

According to the cashier, the processing time is 15 minutes and no fees are charged. Also, for amounts below $200, no verification is required.

Gameplay

The first game our tester tried was Sweet 16 Blast!, followed by the Fortunes of Olympus and Achilles. He then explored Megasaur, Tarot Destiny, and Warrior Conquest. Tarot Destiny brought him a win of $78.50 during free spins.

A day later, the tester launched Cash Bandits Museum Heist, and then returned to Sweet 16 Blast!. The tester also checked out Count Cashtacular, Thai Emerald, Vegas Lux Merlin’s Riches, and Cash Bandits 3. He also explored T-Rex II and Ghost Ship.

Having briefly played Keno, he returned to slot games and launched Spring Wilds and Frog Fortunes.

Withdrawal

Ten days later, on April 17, the tester made a request to withdraw $100 via BTC. Upon entering the desired amount of money, the tester was notified of a mandatory fee of 5%. He received USD 94.63 on the same day - April 17.

Before the payment is finalized, all withdrawal requests must be first reviewed and approved by the operator. The company strives to process all requests within 1 business day, after which the withdrawal may be credited either instantly or within 72 hours.

A fee of 5% is applied to all withdrawal requests. Options to cash out are similar to those for depositing. The minimum withdrawal amount is $50.

 “4. A maximum of $2,500 will be approved per 24-hour period. A maximum of $10,000 will be approved per 168-hour period. Ineligible requests will be denied within that time frame. Exceptions may apply based on the customer’s standing and activities with Crypto Loko.”

Although our tester the tester didn’t have to verify his identity, the Terms say that:

“18. Before a withdrawal can be processed, the player may be required to provide a government-issued photo ID and a clear selfie of themselves. We might also ask the player to verify their BTC crypto wallet address by making a small BTC deposit before any payout can be sent to said crypto wallet address. Crypto Loko reserves the right to request additional information to validate any of its user's accounts.”

Conclusion

Despite visiting an unlicensed casino, our tester had no trouble cashing out from Crypto Loko Casino. He was charged a fee on withdrawal, but having in mind that this is clearly written in the Terms, there’s nothing to complain about.

Always read the Terms and Conditions and gamble responsibly! Stay tuned for more video reports!

Full report: https://jswqzs.com/news/unlicensed-crypto-loko-casino-tested-are-fees-on-btc-withdrawals-mandatory

Hi LCB-ers, video report added to the original post.  

Crypto Loko has some interesting low wager deposit bonuses. I was a little worried about the casino's reliability as it is operating without a license, but after reading this tester's report, I can surely trust Crypto Loko casino and will make a deposit soon.

I had not known that these casinos being tested were so thoroughly tested. What an awesome way to check the credibility of the casinos.

As always LCB has us in their minds and ensures that we have a safe and fun time.

Thanks LCB!!!

Withdrawal time here in around 20 minutes which in my opinion is good.  They don't have a live chat support which sucks. You have to email them and it could take up 72 hours for a response so if you have any issue don't expect it to get handled quickly. Other than though this casino is pretty solid