A Breakdown of Goated’s Payment Options: Fees, Coins Accepted & Limits
- Supports BTC, ETH, USDT, and more cryptocurrencies.
- No transaction fees; network fees may apply.
- Fast transactions with flexible limits, $20 min withdrawal.
Cryptocurrencies
Goated is a crypto-enabled betting site, offering cryptocurrency as a means of payment. We will look at the crypto payment options on the platform while also examining the accepted coins, transaction fees and withdrawal limits.
Accepted Coins on Goated
As the main method of transaction, Goated supports a wide array of cryptocurrencies. Some of the major cryptocurrencies available on the betting platform include:
- Bitcoin (BTC)
- Ethereum (ETH)
- Litecoin (LTC)
- Tether (USDT)
- Ripple(XPR)
- TRON (TRX)
- Solana (SOL)
- Dash (DASH)
- Dogecoin (DOGE)
We will now examine some of these accepted coins on Goated.
- Bitcoin (BTC)
Bitcoin is arguably the most well-known and widely accepted cryptocurrencies around. It is considered one of the most secure transaction methods as Personal data is not required, which means you are protected from identity theft.
- Ethereum (ETH)
Alongside Bitcoin, Ethereum is among the most popular digital currencies and is always readily available on Goated. Deposits and withdrawals with Ethereum are usually made with minimal fuss while it is considered one of the safest and most secure payment methods.
- Tether (USDT)
A stablecoin pegged to the US Dollar, USDT and is highly popular among players on Goated. It offers stability, avoiding the volatility of other cryptocurrencies, offering a major advantage for managing betting funds.
- Litecoin (LTC)
This token is considered a good option for making deposits and withdrawals on Goated. It is known for its fast transaction times while also charging lower fees like some of the more popular coins like Bitcoin.
- Dogecoin (DOGE)
Often supported due to its popularity and low transaction fees.
- Ripple (XRP)
Valued for its extremely fast and low-cost international transactions.
- Dash (DASH)
This coin is known for its focus on privacy and almost instantaneous transactions.
- Solana (SOL)
This token is becoming increasingly popular for its low fees.
Goated Crypto Transaction Fees
Goated has a policy of not charging its own fees for cryptocurrency deposits or withdrawals. However, there may be gas fees or wallet exchange fees are not charged by the betting platform.
This means that any fees you encounter when using cryptocurrencies on Goated are typically not charged by Goated, but by the blockchain network itself. These charges are called Network Fees of Gas Fees.
Factors Influencing Network Fees on Goated
- Network Congestion
This is usually the main reason for fee fluctuations with crypto transactions. When a blockchain network is busy with many users trying to send transactions simultaneously, the "demand" for block space increases.
In this situation, users often offer higher fees to get their transactions processed faster, leading to a general rise in network fees. On the other hand, during off-peak times, fees can be much lower.
- Wallet/Exchange Settings
When sending crypto from your personal wallet, there is usually the option to set a "gas price" or "fee priority." A higher setting usually means your transaction will be confirmed faster but at a higher cost.
- Cryptocurrency Type
Different blockchains have different fee structures. For example:
- Ethereum (ETH) - Ethereum has a reputation for high "gas fees" during periods of high network activity, especially for complex transactions.
- Bitcoin (BTC) - Bitcoin transaction fees depend on network congestion and the size of your transaction in bytes and not the value.
- Tron (TRX) - Tron often has much lower transaction fees compared to Ethereum, making it a popular choice for cost-conscious users.
- Litecoin (LTC), Dash (DASH), Ripple (XRP), Solana (SOL), Cardano (ADA) - These and many other Altcoins generally have lower and more stable transaction fees than Bitcoin or Ethereum, making them efficient for transfers.
Transaction Limits on Goated Betting Site
Goated typically does not set limits on deposits and withdrawals. This means the major coins supported on the platform operate without caps, allowing you deposit or withdraw any amount in these currencies.
However, as part of their internal policy, Goated reserves the right to impose unspecified internal limits—such as daily or monthly withdrawal caps per account. This is typically based on KYC or account tier and means that your ability to withdraw might depend on your account standing.
There is also a minimum withdrawal limit set at $20 or its crypto equivalent. This means that players are not allowed to withdraw less that than $20 or its equivalent in cryptocurrency.
How to Make Deposits on Goated
- Log in to your Goated account
- Navigate to the cashier section.
- Select Deposit and choose your preferred cryptocurrency
- Copy the unique deposit address for that cryptocurrency.
- Transfer from your own crypto wallet
- Wait for blockchain confirmations
- The deposited amount will appear in your account once the required confirmations are met.
How to Make Withdrawals on Goated
- Log into your Goated account
- Navigate to the cashier section
- Click the Withdraw tab
- Choose the cryptocurrency you wish to withdraw.
- Enter the destination wallet address
- Input the amount you wish to withdraw – the minimum is usually set around $20 or its crypto equivalent
- Submit the withdrawal request.
- Withdrawals are processed and sent to your provided address per blockchain timing
It should be noted that all deposited funds must be fully wagered before withdrawal is allowed.
Goated Transaction Speed
Goated has a reputation for fast transaction speeds for deposits and withdrawals. However, the processing times for transaction on varies with different cryptocurrencies:
Average Deposit Times
- Fast Cryptocurrencies (LTC, DOGE, TRX, SOL, USDT) - Often takes minutes, usually within 5-15 minutes, depending on the network.
- Moderate Cryptocurrencies (ETH,) - Deposit time range from 5 minutes to an hour, especially if the network is busy.
- Slower Cryptocurrencies (BTC) - Typically 10-30 minutes, but can extend to an hour or more during very high congestion.
Average Withdrawal Times
- Fast Cryptocurrencies (LTC, DOGE, TRX, SOL, USDT) - Typically takes minutes, usually 1-10 minutes if no security review is triggered.
- Moderate Cryptocurrencies (ETH) - can take within 5-30 minutes.
- Slower Cryptocurrencies (e.g., BTC) - Usually takes 10-60 minutes.
Factors Affecting Transaction Speed On Goated
- Internal Review
The internal processing on Goated can take time, especially for larger withdrawals or if your account requires additional verification. Account verification Know Your Customer (KYC) is usually the most common cause of delays for withdrawals, particularly when it is your first or you are attempting to take out a significant amount.
Goated is subject to Anti-Money Laundering (AML) regulations. KYC can be triggered before your first withdrawal, when reaching certain withdrawal thresholds, or if your account shows any suspicious activity.
- Internal Security Checks and Fraud Prevention
Goated often conducts automated checks on all transactions to ensure compliance and prevent fraudulent activity. This is a normal practice in the online gambling industry to protect both the platform and its users.
Any irregularities detected can trigger a manual review, adding to the processing time.
- Withdrawal Amount
This has to do with very large withdrawals as that may receive additional scrutiny and processing time. High amounts of withdrawals often trigger higher levels of security checks and may be subject to delays.
- Blockchain Network Congestion
If a specific cryptocurrency network is experiencing high traffic, transactions will take longer to confirm. When there is network congestion, even if your funds are sent instantly from their end, the transaction can be delayed for an extended period.
Goated’s Payment Options FAQs
- How do I withdraw on Goated?
It is a simple process making withdrawals on Goated. Simply log into your account, navigate to the "Cashier" section, select "Withdraw," choose your desired cryptocurrency, enter your personal crypto wallet address, specify the amount, and confirm the transaction.
- How do I make deposits on Goated?
Simply log into your account, navigate to the "Cashier" section, select "deposit," choose your desired cryptocurrency, enter your personal crypto wallet address, specify the amount, and confirm the transaction.
- Does Goated charge transaction fees for deposits/withdrawals?
No, Goated does not charge transaction fees for withdrawals. It is stated clearly that deposits and withdrawals come with no charges. However, there may be gas fees or wallet exchange fees are not charged by the betting platform.
- Does Goated impose transaction limits?
Goated typically does not set limits on deposits and withdrawals. This means the major coins supported on the platform operate without caps, allowing you deposit or withdraw any amount in these currencies.
However, there is a minimum withdrawal limit, which is set at $20 or its crypto equivalent.
- What is the withdrawal speed on Goated?
Transaction speed on Goated can vary depending on the cryptocurrency in question as some can be fast while others are slow. There could also be other factors like internal review and blockchain network congestion.
Top Betting Sites
Betting offers
Upcoming Events
12 July 2025
13 July 2025
25 August 2025
Load More
