How to redeem Sweepstakes Coins for cash prizes at the top sweeps casinos
Our step-by-step look at how to redeem Sweepstakes Coins at sweepstakes casinos. Shutterstock
As an online sweepstakes casino player, it’s important to know how to redeem Sweepstakes Coins for cash prizes.
You can redeem Sweeps Coins for real money or gift cards, but some terms and conditions are worth being aware of before requesting your initial redemption.
Players can earn Sweeps Coins by playing games at sweepstakes casinos, including slots and live-dealer games. They are also attained through promotions, such as sweepstakes casino daily log-in bonuses.
The minimum redemption limits and available redemption methods differ depending on the sweepstakes casino. So, let’s dive into how you can redeem your Sweeps Coins.
What are the differences between Gold Coins and Sweepstakes Coins?
Gold Coins and Sweeps Coins are the two forms of virtual currency utilized throughout online sweepstakes casinos. Despite both being used to play games, they have some distinct differences.
You can use Gold Coins to play games solely for fun, as they don’t hold any monetary value. Typically, you will receive a good amount of Gold Coins in no deposit bonuses that you’ll receive after registration.
Sweeps Coins, meanwhile, do hold monetary value. Each Sweeps Coin is equivalent to $1. You cannot purchase Sweeps Coins, but they come as free add-ons in Gold Coin packages and promotional offers.
Once you meet the sweepstakes casino’s minimum redemption limit, you can redeem your Sweeps Coins for gift cards or cash.
How to redeem Sweeps Coins: A step-by-step guide
The steps you must take to redeem your Sweeps Coins are pretty universal across all of the best sweepstakes casinos. Expect to take the following steps:
- Head to the “Redeem” section of the sweepstakes casino to begin.
- Choose to redeem your Sweeps Coins for a gift card or for real money.
- Select how many Sweeps Coins you want to redeem, while keeping in mind the platform’s minimum redemption limit.
- Complete your Sweeps Coin redemption request.
If you choose to redeem your Sweepstakes Coins for a gift card, you will likely receive it via email within 24 hours. Cash redemptions take longer, typically between 1-10 banking days to reach your account.
Sweeps Coins: Popular redemption methods
The selection of redemption methods depends on the sweepstakes casino, but you can expect to find a combination of the following options:
- ACH bank transfer
- Credit/debit card
- Skrill
- Online banking via Trustly
- Cryptocurrency
Gift card redemptions are also available, and they have a lower minimum redemption limit than cash redemptions. Gift cards process quicker, too, as they are sent via email. Cash redemption speeds vary based on the method chosen.
Important: ID verification in the redemption process
You will not be able to redeem your Sweeps Coins until you successfully verify your identity. This process requires you to supply identification documentation.
Uploading a government-issued ID and proof of your address is necessary before your initial request. This step, which is often referred to as the Know Your Customer (KYC) process, is standard across all online sweepstakes casinos.
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