Imposing restrictions on deposit and withdrawal limits of gambling platforms can be quite frustrating for punters, as it hinders the gambling experience. Lotus365 is one of those platforms that is designed in such a way that it provides an immersive experience with multiple weekly bonus offers that add to the excitement.
Hence, there are no restrictions on withdrawing your winnings, but there are minimum limits on deposits and redemptions. This heightens up the ability to explore various games and allows you to make larger withdrawals whenever you need them.
Moreover, by having a minimum limit that is quite low and a bare minimum, users are allowed to explore games without making a large financial commitment upfront. So what are the minimum deposit and withdrawal limits of Lotus365? Let’s talk about it.
Minimum Deposit in Lotus365
The minimum deposit is ₹500, which is a low entry threshold for serious and casual players. Apart from it, as a first-time user, you can claim a 400% welcome bonus as a part of the incentive.
However, it is important to note that before depositing their first amount, users are required to complete the KYC process and link bank upi lotus365. This will provide a seamless transaction funnel to make deposits and withdrawals within seconds.
By providing these necessary details you are entrusting us with secure financial transactions, whether you’re depositing through lotus365 paytm deposit withdrawal or any other supported method.
Minimum Withdrawal Limit in Lotus365
Now moving on to minimum withdrawal, many of the first-time bettors get confused with this one. First and foremost minimum withdrawal is only applicable on the winning amount, which is ₹500 as of now.
Which means users cannot withdraw their bonus amount or credits received through coupon codes. The minimum cap amount can fluctuate based on the activity and current active users. There is no maximum limit on withdrawal; however, if the amount exceeds the Indian Tax Regime, the amount may get deducted by 30% TDS. For easier processing, you can even withdraw from lotus365 using phonepe india.
Now the question that may arise among many of the users is why the minimum limit is imposed.
Why Is It Imposed?
The answer is servers. The main reason is to preserve the load of payment gateway servers; it would maintain the effectiveness, making the transactions quicker. If there were no limit on minimum withdrawal and deposit, users would start to make microtransactions, which would be difficult for servers to execute thousands of requests at once.
This ensures that users are well-informed and protected, both from crashes and potential breaches. By incorporating and following this approach, Lotus365 Bet is providing optimal performance and enabling smooth, uninterrupted gameplay without compromising on security or speed.
Conclusion
The floor limit of ₹500 on withdrawal and deposit makes it easier for users to avoid microtransactions, not only preventing the servers from getting cooked but also making it easier for users to record their financial statements. The best part is there is a maximum limit allowing you to make flexible choices; you can either preserve the amount on the wallet, which is 100% safe.
Moreover, as the platform continues to grow with add-ons of live bets and fantasy sports, exploring becomes a lot easier if you have topped up with the minimum balance. You also have the privilege to start gaming and get hands-on experience without actually staking real money. There are a lot of free games just for you that would help you to build your strategy and do better when the real money is involved.