Best Monetix Wallet Casinos

How to deposit with Monetix Wallet?

A Monetix casino is like the Russian version of a PayPal casino online or a Skrill gambling site. Therefore, depositing funds to your online casino account using this method is similar to using other eWallets such as PayPal or Skrill. You will first need to create a wallet by clicking on “Create Wallet'' on the official website. You will then need to provide your phone number and password.

Afterward, you will receive a text with a one-time code that you need to enter in the next process. Your name, email address, and physical address are some of the details you will need to provide for complete registration. Funding your wallet is easy since you just need to link a card or other payment solutions.

Once you’ve set up everything, head to your casino. Choose Monetix Wallet from the list of deposit options and enter the amount you wish to deposit. Once you confirm the details, a popup window with Monetix’s wallet will appear. You will be prompted to authorize the transaction and this will transfer the funds to the casino.

How to withdraw to Monetix Wallet?

Withdrawing your winnings is an even simpler process compared to deposits. Once you are ready to withdraw your hard-earned winnings, navigate to the cashier section, and under withdrawals, choose Monetix as your preferred cash-out option. Enter how much you want to withdraw, confirm the details, and authorize the withdrawal. That’s all! You don’t need to enter more details. That’s because most online casinos require you to withdraw using the same deposit method. As such, the operator already knows to which address the funds should go. 

As is the norm when dealing with financial transactions, Know Your Customer (KYC) policies apply. In this case, Monetix will require you to provide proof of identification and proof of address. Your national ID card or driving license is enough for identification while a utility bill or a bank statement for your address. 

Limits and fees

As far as limits go, this payment service is quite economical with information. According to the user agreement, the maximum amount per transaction will be determined by the annual or daily limit based on your account’s transactions. With that said, GoodLuckMate estimates the limit to be at €10,000 per transaction, similar to other eWallets. The same scarcity of information comes up when it comes to the fees charged. 

Monetix Wallet bonus at online casinos

Monetix is more popular in Russia than in other countries. Online casinos are part of the list of merchants that use this method. With that in mind, players in this region can look forward to bonuses offered to players that deposit funds using Monetix Wallet. Punters from other countries will have to check the availability of this payment solution before settling for it. Even for those that can use this option on online gambling platforms, consider going through the bonus terms and conditions to get the best out of the bonus.

Nerijus Grenda
Nerijus Grenda
Last Update: 12 May 2023
Nerijus Grenda is a prolific contributor to the GoodLuckMate site. With a deep understanding of the online casino industry, gained from his own experience as an avid player, he offers valuable insights on what sets the best casinos apart from the rest. As a writer, Nerijus shares his expertise through expert analysis and thoughtful commentary on various topics related to online gambling, including casino reviews, game guides and industry trends.
Q: 

Is it safe to use Monetix Wallet for deposits and withdrawals at online casinos?

A: Yes, it is generally safe to use Monetix Wallet for deposits and withdrawals at online casinos, provided that you choose a reputable and licensed online casino that has implemented strong security measures to protect your personal and financial information.
Q: 

Which online casinos accept Monetix Wallet as a payment method?

A: There are several online casinos that accept Monetix Wallet as a payment method, but they may vary depending on your location. It's best to check with the online casino's customer support or banking section to see if they accept Monetix Wallet as a payment method.
Q: 

Are there any fees associated with using Monetix Wallet for online gambling transactions?

A: The fees associated with using Monetix Wallet for online gambling transactions may vary depending on the online casino's policies and the user's location. It's best to check with the online casino to see what fees may apply.
Q: 

How long does it take for deposits and withdrawals to be processed using Monetix Wallet?

A: The processing time for deposits and withdrawals using Monetix Wallet may vary depending on the online casino's policies and the user's location. Typically, deposits are processed instantly, while withdrawals may take up to several business days to complete.
Q: 

What are the minimum and maximum deposit and withdrawal limits when using Monetix Wallet at online casinos?

A: The minimum and maximum deposit and withdrawal limits when using Monetix Wallet at online casinos may vary depending on the online casino's policies. It's best to check with the online casino's customer support or banking section to see what the limits are.
Q: 

What documentation is required to use Monetix Wallet for online gambling transactions?

A: Users may need to provide some documentation when using Monetix Wallet for online gambling transactions, such as a valid ID or proof of address. It's best to check with your Monetix Wallet online casino to see what documentation may be required.
Q: 

Are there any restrictions on using Monetix Wallet for online gambling in certain countries or regions?

A: Yes, there may be restrictions on using Monetix Wallet for online gambling in certain countries or regions due to legal or regulatory reasons. It's best to check with the online casino to see if Monetix Wallet is available in your location.
Q: 

What should I do if I encounter any issues when using Monetix Wallet for gambling transactions?

A: If you encounter any issues when using Monetix Wallet for online gambling transactions, you should contact the online casino's customer support for assistance.
Q: 

Can I claim bonuses and promotions when using Monetix Wallet for casino deposits?

A: Yes, you can typically claim bonuses and promotions when using Monetix Wallet for casino deposits, provided that the online casino offers such promotions and that the terms and conditions of the promotion do not exclude Monetix Wallet as a payment method.
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