When you choose a payment method for payouts it directly impacts how quickly you get paid out. We tested withdrawals across 7 online casinos in numerous scenarios on different payment methods and ranked all solutions in terms of actual payout speed. In this review you'll see our findings for the fastest instant payout payment methods for casinos - from the quickest to the longest pay out time.
Payment Methods Ranked by Payout Speed
| Rank | Payment Method | Avg Payout Time | Fees | Availability |
|---|---|---|---|---|
| ?? 1 | Litecoin (LTC) | 3–5 minutes | ~$0.01 | Most casinos |
| ?? 2 | USDT (TRC-20) | 3–5 minutes | ~$1 | Most casinos |
| ?? 3 | Bitcoin (BTC) | 10–30 minutes | $1–$5 | Most casinos |
| 4 | Skrill | 3–60 minutes | Free | Most casinos |
| 5 | Neteller | 5–60 minutes | Free | Most casinos |
| 6 | PayPal | 1–2 days | Free | Limited availability |
| 7 | Visa / Mastercard | 1–5 days | Free | Most casinos |
| 8 | Bank Transfer | 3–7 days | Free / varies | Most casinos |
1. Cryptocurrency – The Fastest Casino Payout Method
When it comes to rapid payouts, cryptocurrency has proven itself to be unmatched. Our investigations at instant payout casinos revealed that every single cryptocurrency withdrawal we made was processed in under half an hour. And the majority of them arrived in under a half hour.
The fastest tokens to send are Litecoin and USDT (Tether on TRC-20). Litecoin transactions take approximately 2.5 minutes to confirm and are essentially free to send. USDT on TRON is also very fast and being a stable coin, the value of your USDT will not change when sent out.
Bitcoin is by far the most widely accepted cryptocurrency, but also the one that takes the longest time to clear, due to longer block confirmation times (approximately 10 minutes for each confirmation, and most casinos only require one confirmation).
The main barrier to crypto is set up. You will need a wallet (whether it be a hardware wallet like Ledger, a software wallet like Trust Wallet, or an exchange like Coinbase) and some basic knowledge of wallet addresses. We wrote a complete guide to crypto instant payout casinos for those who are new to the crypto world.
? Tip: If you're choosing between cryptocurrencies for the fastest payout, go with Litecoin (LTC). LTC is accepted in almost all crypto casinos, and payouts take only 2-3 minutes. LTC network fees are generally under a cent, which is also among the lowest costs of any crypto. USDT has the same fast payout times as LTC, but withdrawal options for it are less widespread.
2. E-Wallets – The Easiest Fast Payout Method
In our view, the fastest casinos to pay out winnings will use Skrill and Neteller as e-wallets for quick transfers. Both are offered by many of the online casinos that we have reviewed, and provide payouts within between 3 and 60 minutes to instant payout casinos, as well as being the quickest methods of being paid out at all of the other sites we tested.
Advantage of cryptocurrencies here: - No installation of software needed - No knowledge of blockchain necessary - The balance is in the usual currency (EUR, USD, GBP) Disadvantage of the e-wallets: - The transfers from Skrill/Neteller to the bank account may be charged with fees (1.45% with Skrill, 2% with Neteller)
PayPal is widely regarded as being the most secure online payment method, however as you'll see in our casino reviews, it's currently not widely used at online casinos. One casino that we tested out was able to accept PayPal for UK players, though only for deposits. The withdrawls were cleared within 1-2 working days.
For the best e-wallet experience we would recommend taking a look at our fastest withdrawal casinos list which has been tested for instantaneous withdrawals with all forms of e-payments, including Skrill and Neteller.
E-wallets are generally the quickest option for players – they're faster than cryptocurrencies, but without the hassle. Our top recommendations for e-wallets for casinos include Skrill and Neteller.
3. Debit Cards – Convenient but Slow
In our Casino reviews we often have listings of accepted Visa and Mastercard debit cards. These cards are accepted in nearly every store and office where money is needed. As a drawback they are the slowest of all withdrawals. In the most of instant payout casinos, withdrawal is instantaneous and processing is only needed to give the money to the account from which the payment was initiated. As a bank transfer this transaction takes 1–5 business days depending on the banking arrangements of the payer and payee.
The delay is not our fault. Funds are withdrawn by going through a card refund transaction (casino withdrawals are made by a card refund transaction, so that goes through the card network for settlement). There are a few weekends and bank holidays through the network, that will slow things down a bit.
Cards are more of a secondary option. We would not necessarily recommend playing with cards as your main preference, but they can be used as a deposit and withdraw (in certain cases) method in a last resort. If you choose to deposit via card, it may be beneficial to add an e-wallet as your withdrawal method, to gain quicker access to your wins.
4. Bank Transfers – Slowest but No Account Needed
Bank transfers are probably the first payment method we ever used for online casino withdrawals, and are still one of the slowest options – they can take anywhere from 3 to 7 working days. The main advantage is that you do not need to have a third party account, but the transfers are direct to your bank.
There's a catch or two for those that do not wish to create an e-wallet or crypto wallet as bank transfers can be used, though we really wouldn't advise it if swiftness of delivery is important.
Which Payment Method Should You Use?
Here is our recommendation based on your situation:
- If you are looking for the fastest possible cash out at a crypto casino, your best choices will be Litecoin or USDT at a crypto instant payout casino.
- You want fast and simple – use Skrill or Neteller at any of the online casinos we have listed on our recommended list.
- As a UK player, you can use PayPal at Fantastic Spins for regulated speed of transaction, or switch to a casino that accepts Skrill for faster processing.
- You have only debit card? Don't worry, use it. The transfer to debit card is done within 1–5 days. I recommend you to open an account on Skrill, it takes only 5 minutes.
Payment Method Comparison – The Bottom Line
Which payment method offers the fastest instant casino payouts? Based on our review, the answer is: Litecoin, USDT and Skrill – in that order. While cards and bank transfers will see you pocketing some cash in a few days, the other three will have your winnings in your pocket in less than 60 minutes. Crypto withdrawals, in particular, are incredibly fast – we're talking under five minutes – and the other two usually never exceed an hour.
Like the site you play at, your choice of payment method is crucial in ensuring a quick withdrawal time for your winnings. Here are some of the fastest-paying casinos. For more information, you can also take a look at our in-depth article dedicated to finding the fastest payout casino: e-wallet vs crypto.
