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1win Withdrawals: How to Get Your Funds Securely

The hallmark of a great online casino is the extent to which it customizes its offerings for its players based on their region. 1win Casino understands this all too well, which is why it has painstakingly curated its services to cater exclusively to its Malaysian customer base.

The bookmaker offers a wide range of local payment methods. That way, bettors in the region can top up their casino wallets and withdraw their winnings from the platform quickly, safely, and conveniently.

Learn all about the 1win withdrawal process, how it works, how long it takes to receive the money, and more in this in-depth guide for players in Malaysia.

1win Withdrawals in Malaysia

What 1win Withdrawal Methods Can Malaysian Players Use?

Payment method Minimum withdrawal Maximum withdrawal Transaction time Fees
Cryptocurrency 50 MYR 24 760 MYR 1-3 days Nil
FPX Bank Transfer 50 MYR 24 760 MYR 1-3 days Nil

Cryptocurrency Methods

Today, crypto has become a more widely accepted payment method than it was just a few years ago. Casino lovers across the globe are embracing it as their preferred payment mode of transacting online. Players in Malaysia can withdraw funds from the 1win platform using a wide array of cryptocurrency options, including the following:

  • Tether USDT;
  • Tron;
  • Litecoin;
  • Ethereum;
  • Bitcoin Cash;
  • BNB;
  • Bitcoin;
  • Doge;
  • Ripple;
  • Monero;
  • Dash;
  • Zcash;
  • Stellar.

Pros of using crypto as your default method for withdrawing your winnings from your main wallet include the following:

  1. It is fast: Cryptocurrency payments have significantly shorter processing times compared to wire transfers, which can take up to 3 days to process.
  2. It is cheap: Crypto payments are transacted on the blockchain, attracting little to no charges. This is in stark contrast to the mounting fees that are typical with traditional banking options such as wire transfers.
  3. It is secure: The blockchain on which crypto is transacted provides a much higher level of transparency and security compared to centralized databases, which can be and have been hacked.
  4. It is accessible: Crypto allows players to transact even in remote regions where traditional banking services aren’t readily available, giving it universal appeal.
  5. It is discreet: If you want a discreet way to channel proceeds from your wins without much scrutiny by financial oversight bodies, cryptocurrency would be your best bet.

The 1win minimum withdrawal you can make using cryptocurrency is 50 MYR, while the maximum amount stands at 24,760 MYR. These wide minimum and maximum limits make it ideal for every player of every caliber.

Bank Card Methods

MasterCard and Visa credit/debit cards are only used for money-out transactions as opposed to money-in. It means that you cannot transfer funds from your 1win main wallet to your credit/debit card. This is partly why bank cards arenโ€™t available as a withdrawal option on the gaming platform.

E-wallet Methods

While e-wallets like ShopeePay, Touch n Go, GrabPay, and DuitNow are offered as deposit methods on the platform, they are not available for making withdrawals. The only way players can cash out their winnings is through cryptocurrency and FPX Malaysia bank transfers.

Bank Wire Transfer Methods

If wire transfers are your preferred mode of transacting online, you can cash out your winnings using the FPX Malaysia bank transfer option. With this method, all you need to do is fill in your bank account details on the secure FPX portal, and the cash will be wired directly to your bank from the 1win platform.

The maximum and minimum withdrawal from 1win using this method is 24,760 MYR and 50 MYR, respectively. Pros of using FPX Malaysia bank transfer as your default mode of withdrawal from your main wallet include the following:

  1. It is safe: The FPX banking gateway is extremely secure, which makes it one of the safest and most reliable channels for payments.
  2. It is accessible: Players can access the FPX gateway via mobile apps, internet banking, and, in some cases, even ATMs. It works seamlessly with all the major banks in Malaysia, making it universally appealing for players in the region.
  3. It is flexible: If you need to cash out a huge sum from your main wallet on the 1win platform, an FPX bank transfer would be the ideal option since it has a higher maximum transaction limit. Likewise, you can also cash out a minimum of 50 MYR if you need to.

How to Withdraw Funds From 1win Malaysia

1win Withdrawals in Malaysia

Hereโ€™s a rundown of the step-by-step instructions on how the 1win withdrawal process works for Malaysian players:

  1. Sign in to your 1win account using your login credentials (your phone number or email and password).
  2. Click on the user icon in the top right section of the casino interface and select โ€œWithdrawalโ€ from the drop-down list. This action will launch the respective Withdrawal window.
  3. Choose your preferred Malaysian payment method from the available options (FPX Malaysian bank transfer or crypto). Then, type in your banking or cryptocurrency wallet details in the relevant fields, followed by the cash amount you wish to withdraw within the specified transaction limits.
  4. Click โ€œWithdrawโ€ to confirm.
  5. Once you do, wait between 1 and 3 days to receive the funds. The precise withdrawal processing time will depend on your selected provider.

1win Withdrawal Rules โ€” What Are They?

Hereโ€™s a general overview of the terms and conditions players must be aware of before trying to cash out their winnings from the platform:

  • You must be at least 18 years old or over to take part in betting-related activities as per Malaysian laws.
  • You canโ€™t withdraw from 1win if youโ€™re located in a jurisdiction that falls within the “Restricted Territory” list as detailed in the Rules section of the official 1win platform.
  • Your chosen payment method must be registered to you in your legal name, which must match the one used at the point of signing up.
  • You must have a fully verified 1win account as per the 1win withdrawal rules. Only players that have been verified can cash out their winnings.
  • You acknowledge that any information you provide that is deemed untrue will result in the total voiding of your plays and winnings on the platform.
  • You acknowledge that the bookmaker may enforce a 1win withdrawal limit as far as the maximum amount you can cash out from your wallet over a specified period (day, week, or month) goes.

1win Withdrawal Time โ€” How Long Do Transactions Take?

After submitting your withdrawal request, it may take 1 to 3 business days (usually less) to get the funds through your chosen payment method. Any delays you encounter might be due to any number of reasons.

Factors That Can Lengthen the Withdrawal Time

Withdrawal delays can be attributed to the following reasons:

  1. Unverified user account: 1win withdrawal activation is only possible for players with fully verified accounts. Account verification is a critical part of the bookmakerโ€™s KYC process. It is meant to confirm your identity and age and typically takes 1-3 days upon receipt of all the relevant documentation.
  2. Wrong account information: If you erroneously enter incorrect payment details or attempt to cash out your winnings using an account that belongs to someone other than yourself, the transaction wonโ€™t go through. Confirm that you have provided accurate information in the withdrawal window.
  3. Technical difficulties: Workload issues on the payment providerโ€™s side can result in unprecedented delays. If you donโ€™t receive your payment after 3 working days, contact customer support as soon as possible for further assistance.

How to Shorten the Withdrawal Time

Hereโ€™s what you can do to ensure that you get your withdrawal within the shortest time possible:

  1. Verify your account: Account verification requires that you send photos of your Malaysian national ID or valid passport, as well as a bank statement or utility bill, both not older than 6 months, to [email protected]. Specify your wallet number in the email Subject field.
  2. Double-check the payment details: Ensure that you provide accurate payment details in the withdrawal form. The payee’s name (yours) should match the one in the documents you submitted for account verification. Any mismatch will result in the voiding of your request until the appropriate 1win withdrawal proof is provided.

How to Fix Common 1win Withdrawal Problems

Some common withdrawal problems you might encounter include the following:

The 1win Withdrawal Time is Taking Too Long

Technical or workload issues on the side of the payment provider may result in an unprecedented delay in receiving your funds. If you still havenโ€™t received your money after 3 days, contact customer support and find out why your 1win withdrawal suspended.

A Transaction Fee Has Been Incurred

The bookmaker doesnโ€™t impose any fees for withdrawal processing. Any charges that you incur will usually be from the payment provider and not 1win.

1win Withdrawal Email Verification Error

Before trying to cash out from your player account on the platform, you must first verify your email address. Any 1win withdrawal review request you submit will be canceled if you donโ€™t provide the verification code sent to it.

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๐ŸŽฎ Is there a waiting period for players making a first-time withdrawal?

No, there isn't. Provided that your casino betting account is fully verified, you can cash out your winnings at any time after you join.

๐Ÿš€ What withdrawal options are available for high-stakes players?

High-stakes players in Malaysia who require higher withdrawal limits can cash out from the platform using FPX Malaysia bank transfers or cryptocurrency.

๐Ÿ’ต How can I withdraw my winnings from my 1win account?

Sign in to your 1win account, click on the user icon, select "Withdrawal," and choose your preferred Malaysian payment method. Then, enter your payment details along with the withdrawal amount and click โ€œWithdrawโ€ to confirm. Wait 1-3 days to receive the money.

๐Ÿ“œ What requirements do I have to meet before I can withdraw funds?

You must have a fully verified player account, and the payee details you provide must match the name on the account verification documents you submitted.

๐Ÿฆ What 1win withdrawal methods are available for Malaysian players?

Players in Malaysia can cash out their winnings using FPX Malaysian bank transfer or cryptocurrency.

๐Ÿ“ฑ Can I withdraw money from my wallet through the mobile app?

Yes, you can. Simply sign in, tap the user icon, select โ€œWithdrawal,โ€ choose your preferred payment provider, enter your account details along with the amount, and click โ€œWithdrawโ€ to confirm.

๐Ÿ•’ What is the transaction processing time once I submit my withdrawal request?

The time it takes depends on your chosen payment method. It can take 1-3 days (usually shorter) to receive the funds.
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