Funding your Roobet account is a different experience from most online casinos you may have used before. Roobet runs on crypto, full stop. There is no card terminal, no bank transfer portal, and no NZD wallet sitting in the background. Every deposit and every withdrawal moves through the blockchain, which means faster settlement, lower friction, and complete control over your own funds. If you are new to crypto-funded gaming, this page walks you through exactly how each coin works, what the minimums look like, how long withdrawals actually take, and what identity verification you will need along the way.
Why Roobet Uses Crypto Instead of Fiat
Roobet is operated by Raw Entertainment B.V. and licensed by the Government of Curaçao (Curaçao Gaming Control Board, licence OGL/2024/687/0427). That international structure means Roobet is not constrained by NZ bank routing or domestic card-payment rails. The platform made a deliberate choice to go crypto-first because blockchain transactions settle without chargebacks, without third-party approval delays, and without currency conversion fees eating into your balance.
For NZ players this has one important practical implication: you cannot deposit New Zealand dollars directly. Your NZD sits in your bank account or exchange wallet; Roobet sees only the crypto you send to its deposit address. Most Kiwi players convert NZD to crypto through a local or international exchange such as Easy Crypto, Independent Reserve, or Binance, then send those funds to Roobet. The process takes a few minutes once you are set up, and it is the same workflow for every session.
Supported Cryptocurrencies
Roobet accepts approximately ten cryptocurrencies at the time of writing. The core supported coins include:
- Bitcoin (BTC) - the most widely held crypto in NZ; network fees vary with congestion
- Ethereum (ETH) - fast confirmation times on the Ethereum mainnet
- Litecoin (LTC) - low network fees, popular for smaller deposits
- Tether (USDT) - stablecoin pegged to USD; removes price volatility between deposit and play
- USD Coin (USDC) - another USD-pegged stablecoin, widely available on NZ exchanges
- XRP - very fast settlement, often under 10 seconds on-chain
- Dogecoin (DOGE) - low fees, accessible entry point for newer crypto users
The full list is displayed inside your Roobet account under the deposit section, and it can expand as the platform adds new networks. Always check the supported coins list in-account before purchasing crypto, because the available options can change.
Roobet displays all balances and game stakes in USD-equivalent. When you deposit BTC, your account shows the USD value of that BTC at the moment of arrival. That conversion rate is applied automatically; you do not manually set an exchange rate.
How to Deposit: Step-by-Step
- Log in to your Roobet account and navigate to the wallet icon in the top menu bar.
- Select "Deposit" and choose the cryptocurrency you want to use from the dropdown list.
- Copy your unique deposit address or scan the QR code displayed on screen. This address is specific to your account and that coin network; do not send a different coin to this address.
- Open your exchange or crypto wallet (Easy Crypto, Binance, MetaMask, or wherever your crypto lives) and initiate a send to the address you just copied.
- Enter the amount you wish to send. Make sure you are above the minimum deposit threshold for that coin, and account for any network fee your wallet or exchange charges on top.
- Confirm the transaction in your wallet. Once broadcast to the blockchain, the transaction is pending until the required number of confirmations is reached. This varies by coin (see table below).
- Return to Roobet. Your balance will update automatically once the transaction is confirmed. You do not need to submit a support ticket or upload a screenshot for standard deposits.
For stablecoins like USDT and USDC, pay close attention to the network (for example, ERC-20 on Ethereum versus TRC-20 on Tron). Roobet will specify which network it supports for each coin. Sending on the wrong network may result in permanent loss of funds.
Minimum Deposit Amounts
Minimum deposit thresholds are denominated by Roobet in USD-equivalent terms and vary by coin. The minimums are set partly to cover the cost of blockchain confirmation and partly to ensure the deposit is large enough to be processed correctly. As a general guide, minimums typically sit in the range of a few dollars USD-equivalent for stablecoins and low-fee coins, and slightly higher for BTC due to its network fee structure. Always confirm the exact minimum for your chosen coin inside the deposit screen before sending, because blockchain fee environments shift and Roobet adjusts these minimums accordingly.
There is no maximum deposit cap applied by Roobet on the platform side, though individual coins have practical limits based on blockchain capacity. High-volume deposits may trigger additional verification steps.
How to Withdraw: Step-by-Step
- Log in and open your wallet. Select "Withdraw" from the wallet menu.
- Choose the cryptocurrency you want to receive. You can withdraw in a different coin from the one you deposited, subject to availability.
- Enter your external wallet address. This should be a wallet you control: your exchange deposit address, your hardware wallet, or a software wallet like Trust Wallet. Never withdraw to a wallet address someone else gave you unsolicited.
- Enter the amount you wish to withdraw. Roobet will display any applicable processing fee and the net amount that will arrive at your wallet.
- Confirm the withdrawal. Roobet may send a confirmation email or two-factor authentication prompt at this step as a security measure.
- Wait for processing. Roobet processes most withdrawals quickly; blockchain confirmation then adds additional time depending on network congestion and the coin you selected.
- Check your receiving wallet. Once the blockchain confirms the transaction, the funds appear in your external wallet. From there, you can convert back to NZD on an exchange if you wish.
Withdrawal Speeds by Cryptocurrency
| Cryptocurrency | Roobet Processing Time | Typical Blockchain Confirmation | Total Estimated Time |
|---|---|---|---|
| Bitcoin (BTC) | Up to a few hours | 10 to 60 minutes (1-3 confirmations) | Under 2 hours in most cases |
| Ethereum (ETH) | Up to a few hours | 1 to 5 minutes | Under 1 hour in most cases |
| Litecoin (LTC) | Up to a few hours | 2 to 10 minutes | Under 1 hour in most cases |
| USDT / USDC | Up to a few hours | 1 to 5 minutes (ERC-20 or TRC-20) | Under 1 hour in most cases |
| XRP | Up to a few hours | Under 10 seconds | Under 1 hour in most cases |
| Dogecoin (DOGE) | Up to a few hours | 5 to 20 minutes | Under 1 hour in most cases |
These estimates reflect normal operating conditions. During periods of high blockchain congestion, particularly on the Bitcoin and Ethereum networks, on-chain confirmation times can extend beyond the ranges listed above. Roobet's own processing step is generally fast, and most withdrawals clear from the platform side well within the timeframes shown.
Withdrawal Minimums and Limits
Each coin has a minimum withdrawal amount, set to ensure the transaction is economically viable after network fees. For coins with low on-chain fees such as LTC, DOGE, and XRP, minimums are typically very accessible. For BTC, the minimum is higher relative to the others because Bitcoin network fees can be substantial during busy periods.
The specific minimum for each coin is displayed on the withdrawal screen inside your account. If you attempt to withdraw below the minimum, the platform will notify you before you confirm. There is no benefit to guessing the threshold; just check the screen each time, as it reflects the current network fee environment rather than a static fixed figure.
Roobet does not publicly advertise a single maximum withdrawal cap at the platform level, but large withdrawals may be subject to manual review as part of standard anti-money-laundering (AML) compliance. This is routine across all crypto casino platforms and is not unique to Roobet.
Fees: What Roobet Charges and What the Blockchain Charges
Roobet does not charge a platform fee on deposits. When you send crypto to your Roobet deposit address, the full net amount received by the blockchain lands in your account (minus any network fee deducted by your sending wallet or exchange before the transaction is broadcast).
On withdrawals, Roobet deducts a network fee from the withdrawal amount. This fee is passed directly to the blockchain miners or validators and is not retained by Roobet as revenue. The fee shown on the withdrawal confirmation screen is the actual blockchain fee at that moment. It changes based on network activity.
Because fees fluctuate, it makes practical sense to batch withdrawals rather than make frequent small withdrawals. Sending one withdrawal of a larger amount is far more fee-efficient than sending five small ones, because each transaction incurs its own network fee regardless of size.
KYC: Identity Verification at Roobet
Know Your Customer (KYC) verification is a legal requirement under Roobet's Curaçao gaming licence and its AML obligations. Most casual players complete a basic level of verification at registration. Additional document checks are triggered in specific circumstances.
When KYC Verification is Required
- At account registration: email verification and basic account information.
- When withdrawal volumes reach certain thresholds or when account activity triggers an AML review.
- If your account is flagged for unusual patterns, such as very large deposits followed immediately by withdrawal without gameplay.
- When you request account changes such as a new withdrawal wallet address following a period of inactivity.
Documents Typically Requested
- Government-issued photo ID: NZ passport or NZ driver licence are the most straightforward options for Kiwi players.
- Proof of address: A recent utility bill, bank statement, or council rates notice showing your name and NZ address, typically dated within the last three months.
- Source of funds: For high-volume accounts, Roobet may ask for documentation showing the origin of the cryptocurrency you are depositing, such as exchange purchase records.
How to Submit KYC Documents
The KYC submission process is handled through the account settings section of the platform. You upload clear photos or scans of your documents directly through the interface. Roobet's compliance team reviews submissions and typically responds within a few business days, though high-volume periods may extend this timeline. Pending KYC does not usually lock your account from gameplay, but withdrawal processing may be held until verification is complete.
Submitting accurate and clear documents the first time saves significant back-and-forth. Common reasons for KYC rejection include glare on ID photos, cropped document edges, and expired identification. A flat, well-lit scan or photo with all four corners visible and text clearly readable is the safest approach.
Converting Your Winnings Back to NZD
Roobet does not convert your balance to NZD on its end. When you withdraw, you receive crypto into an external wallet. Converting that crypto back to NZD is a separate step you complete on your chosen exchange.
The general process for most NZ players looks like this: withdraw crypto from Roobet to your exchange wallet, sell the crypto on the exchange for NZD, then transfer NZD to your NZ bank account. Settlement times for NZD bank transfers vary by exchange, typically ranging from the same business day to two or three working days depending on the exchange and your bank.
Keep in mind that any gains from converting crypto to NZD may have tax implications. The IRD treats cryptocurrency as property for tax purposes, and profits from selling crypto at a higher price than you acquired it may be assessable income. This is a tax matter, not a gambling matter, and we recommend speaking to an accountant if you are uncertain about your obligations.
Tips for Smooth Deposits and Withdrawals
- Always copy and paste wallet addresses rather than typing them manually. A single character error sends funds to an unrecoverable address.
- Send a small test transaction if you are depositing a large amount for the first time on a new device.
- Check the network (ERC-20, TRC-20, etc.) carefully for stablecoin deposits and withdrawals. Wrong network equals lost funds.
- Complete your KYC early, before you reach a withdrawal threshold, so there is no delay when you want to cash out.
- Monitor BTC and ETH network fee trackers (publicly available tools) and time larger transactions during low-fee windows, typically overnight NZ time.
- Keep a record of your deposit and withdrawal transactions for tax records. Blockchain explorers allow you to export transaction histories linked to your wallet addresses.
Frequently Asked Questions
Can I deposit NZD directly into Roobet?
No. Roobet is a crypto-only platform and does not accept New Zealand dollar bank transfers or card payments. You will need to purchase cryptocurrency through an exchange and send it to your Roobet deposit address.
How long does a Roobet withdrawal take for New Zealand players?
Roobet processes withdrawals typically within a few hours on the platform side. Once the transaction hits the blockchain, confirmation time depends on the coin: XRP and stablecoins often arrive within minutes, while Bitcoin can take up to an hour during congested periods.
Is there a fee to withdraw from Roobet?
Roobet passes blockchain network fees on to the player as part of each withdrawal. There is no additional platform markup on top of this fee. Deposits from your side carry no Roobet fee, though your exchange or wallet may charge a sending fee on their end.
What ID do I need for KYC verification in New Zealand?
A valid NZ passport or NZ driver licence covers the photo ID requirement. A recent utility bill, bank statement, or council rates notice covers the proof of address requirement. Ensure documents are current and clearly photographed with all edges visible.
What happens if I send crypto to the wrong Roobet wallet address?
Blockchain transactions are irreversible. If you send funds to an incorrect address, recovery is not possible. Always double-check the full address before confirming any transaction, and use the copy-paste function rather than manual entry.
Must be 18 or older to play. Gambling involves risk. If gambling is causing you or someone you know harm, contact the Gambling Helpline NZ on 0800 654 655 (free, 24/7).
