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Casinex Withdrawals – Complete Guide to Cashing Out Your Winnings (South Africa, 2025)

It is absolutely crucial to understand how Casinex withdrawals work. These payment methods are easy to engage with and knowing how to navigate the platforms withdrawal process often avoids unnecessary frustration when you want to take out your winnings.

Ryan Liberty

Betting Writer

Last updated: 2025-10-06

Fact checked by:

Chad Nagel

Sports & Betting Editor

4 minutes read

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Casinex

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Accepts players from many countries

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Overall Rating

3.6/5

Full T&Cs apply 18+

Table of Contents

How to Withdraw Money from Casinex?

1
Log into your Casinex account.
2
Go to your profile/account section, tap “Withdraw” (sometimes under Banking or Wallet).
3
Select your withdrawal method (bank transfer, e‐wallet, crypto, etc.).
4
Enter the amount you want to withdraw in ZAR (or in crypto if you’ll withdraw that way).
5
Complete any required fields for the method (bank account details, wallet address, etc.).
6
Confirm the withdrawal request. You may receive a confirmation prompt/email/SMS.
7
Wait for processing and the funds to arrive, depending on the method chosen.

Available Withdrawal Methods at Casinex (South Africa)

Withdrawal Method	Minimum Withdrawal	Maximum Withdrawal*	Fees	Processing Time
Bank Transfer	R420	Weekly max R56,000	No fee by Casinex, but your bank may charge commission.	Usually 1‐3 working days after approval, depending on bank.
Instant EFT / Ozow (if supported)	likely similar minimums – often around R420	fits under weekly limit (R56,000)	No Casinex fee; bank/EFT provider fees may apply.	Often faster, possibly same day or within 24 hours if verification complete.
E-wallets (Skrill, Neteller etc.)	Likely same or slightly higher minimum	Subject to weekly / monthly limits (see terms)	Usually no fee from Casinex; third‐party fees possible.	Generally faster – within 24 hours once processed.
Cryptocurrency (Bitcoin & others)	Depends on crypto type; conversion and tax fees apply	Same weekly & monthly ceilings in terms of value; large sums may be slower	Casinex charges 0.75% transaction fee + 0.55% conversion fee for crypto withdrawals.	Typically fastest among methods after internal processing—could be within minutes to a few hours.

Minimum and Maximum Withdrawal Limits

Method	Minimum Withdrawal	Maximum Withdrawal
Bank Transfer / EFT / Ozow	R420	Weekly cap R56,000 (or equivalent in crypto / other currencies)
E-wallets	Similar to bank transfer (R420 or more)	Limited by weekly / monthly cap, plus individual e-wallet provider’s rules
Crypto	Minimum depends on coin (network minimums)	Same overall caps; large crypto withdrawals may have additional review/time

Withdrawal Processing Times

Method	Typical Processing Time (after approval)
Instant EFT / Ozow	Same day or within 24 hours if all verification is done and method supported
Bank Transfer	Usually 1-3 working days, depending on your bank and banking hours
E-wallets	Often within 24 hours once processed
Crypto	Minutes to a few hours (network permitting), after verification and internal review

Account Verification and Security Requirements

FICA / KYC verification is mandatory before your first withdrawal.
You will need your government‐issued ID and proof of address.
Casinex must comply with South African financial / gambling regulation and international AML laws.

Impact of Bonuses on Withdrawals

Bonus Type	Withdrawal Restrictions
Welcome Bonus	Usually requires wagering requirements. Until these are met, you may be unable to withdraw bonus funds or winnings tied to the bonus.
Reload Bonus	Similar rules; check T&C for the reload bonus before withdrawing.
Free Spins	Winnings from free spins may require minimum playthrough of winnings before withdrawal; often limited by max amount you can withdraw from them.

Mobile Withdrawal Experience

The full withdrawal process works via mobile browser. Casinex doesn’t require a separate app for withdrawing.
Selecting method, entering amount and confirming works similarly to desktop.

FAQs

What is the minimum withdrawal at Casinex South Africa?

You can expect to pay around R420.

How long do Casinex withdrawals take?

Depends on method. E-wallets and crypto are the fastest.

Are there any fees for withdrawing money?

Casinex itself doesn’t generally charge fees for non-crypto withdrawals. For crypto, there is a 0.75% transaction fee plus a 0.55% conversion fee. Your bank or e-wallet provider may have fees of their own.

Can I withdraw cryptocurrency from Casinex?

Yes. Casinex supports crypto withdrawals, with associated fees and conversion charges.

What documents do I need for withdrawal verification?

Typically: your South African ID/passport/driver’s licence, proof of address like a utility bill or bank statement (recent), and sometimes proof of payment method. Make sure these are clear and current to avoid delays.

Why is my withdrawal pending or rejected?

Common reasons include: verification isn’t complete; the method chosen doesn’t match deposit method; submitted documents were invalid or unclear; banking details don’t match; or you haven’t met bonus wagering requirements. Also, large withdrawals may trigger additional checks.

Ryan LibertyBetting Writer

A quirky writer with an engaging tone, Ryan Liberty has seen his work published on many of South Africa’s sport’s publications. Ryan has a great passion for everything in the sporting world, from darts to football, motorsport and everything in between. His conversational flair allows him to bring diverse sporting topics to both the avid sports fan as well as the relaxed reader.