The following guide is designed to inform casino players which payment methods are accepted at the Riversweeps sweepstakes casino. For those who are unfamiliar with sweepstakes, or social casinos, they differ from traditional casinos by not offering deposit methods. Instead, you can make purchases.
Riversweeps functions on a dual-currency system. Gold Coins are one currency for free-to-play games and are awarded to players regularly.
You can also purchase additional Gold Coins should you run out. Sweeps Coins, however, cannot be purchased. Instead, when you buy Gold Coins, you will also be gifted several Sweeps Coins. While Gold Coins are for free-to-play games, Sweeps Coins can be redeemed for real-world prizes. Even cash.
Editor’s note: You can’t make deposits and withdrawals at Riversweeps because it’s a Sweepstakes Casino. Please note that the deposit and withdrawal options on this page refer to purchase packages and prize redemptions, but you can play no purchase necessary.
What Are the Best Riversweeps Casino Deposit Methods?
There are no deposit methods at Riversweeps in the traditional sense. You cannot make deposits at Riversweeps Casino as at an old-school online casino. You do, however, have the ability to make purchases of a virtual currency. When you purchase these Gold Coins, you will be rewarded with a set amount of “Sweeps Coins”.
The Sweeps Coins allow you to make wagers that can be redeemed for prizes. You cannot buy Sweeps Coins directly, but they are awarded to players for purchasing additional Gold Coins. In our in-depth Riversweeps sweepstakes casino review, we go into further detail about how this dual virtual currency system works.
That is to say, there are purchase methods at Riversweeps but no deposit methods. The following purchase methods do not vary by state and offer flexibility to Riversweeps players nationwide.
Visa/Mastercard
This is the most convenient method for purchasing at Riversweeps, with more than half the U.S. population using Visa.
- Minimum deposit: There is no minimum at Riversweeps for Visa purchases
- Transaction times: Purchases with a Visa card are processed instantly.
- Fees: There are no additional fees for Visa purchases
PayPal
PayPal is the predominant online payment system in the majority of countries that offer online money transfers.
- Minimum deposit: There is no minimum at Riversweeps for PayPal purchases
- Transaction times: Purchases with PayPal are processed instantly.
- Fees: There are no additional fees from Riversweeps for PayPal purchases
Online Banking
- Minimum deposit: There is no minimum at Riversweeps for bank transfers
- Transaction times: Bank transfers are processed instantly.
- Fees: There are no additional fees for bank purchases from Riversweeps. Check with your bank if they apply any fees for this transaction.
Cryptocurrencies
Riversweeps allows purchases with several different digital currencies, including Bitcoin and Ethereum.
- Minimum deposit: There is no minimum at Riversweeps for cryptocurrency purchases
- Transaction times: Purchases with cryptocurrency are processed instantly.
- Fees: There are no additional fees from Riversweeps for cryptocurrency purchases
Fastest Deposit Methods at Riversweeps Casino
There is no “fastest” deposit method at Riversweeps Casino because there are no deposits. Instead of deposits, you will be making online purchases. These purchases are the same as buying anything online, be it concert tickets or a pair of shoes.
Once you confirm the purchase, there is no waiting time. This means the fastest way to buy Gold Coins online is whichever method is most convenient for you. If you already use PayPal or Crypto for purchases, just continue to use that.
In this regard, Riversweeps is very convenient with the flexible purchase methods offered.
How to Make an Online Deposit at Riversweeps Casino Casino
There are no deposits at Riversweeps Casino. Therefore, there is no process to explain. Instead, we can give you the process for purchasing Gold Coins.
The first thing you should know is that the more Gold Coins you purchase, the more Sweeps Coins you will be gifted. To make a purchase at Riversweeps, click the button to purchase Gold Coins and choose the amount you wish to spend.
To make a purchase online, you first must prove your eligibility to make such purchases. To do so, you must provide scans of your IDs and proof of address. You must also link a qualified account to your Riversweeps Casino account.
How Long Does Riversweeps Casino Take to Deposit?
As we’ve already discussed above, there are no deposits at Riversweeps Casino. Therefore, deposit times aren’t something that applies to the platform.
What we can tell you is that the purchases are instantaneous. Because buying Gold Coins at Riversweeps is the same as making any other purchase online, it is immediately verified and carried out.
This means that you won’t get stuck waiting around for your Sweeps Coins while the transactions go through. Instead, you won’t miss a beat and can get right back in the action.
Is There a Riversweeps Casino Deposit Limit?
With no ability to make deposits, there is no deposit limit. There is also no purchase limit at Riversweeps. You can buy as many Gold Coin packages as you want, as often as you want.
That said, responsible gameplay should always be a high priority even on sweepstakes casino sites. We recommend utilizing Riversweeps Casino promo offers to earn more coins while spending less money.
Riversweeps Casino Withdrawal Options
While there is no ability to withdraw money from Riversweeps Casino, that doesn’t mean your prizes are stuck in virtual currency with no value outside of Riversweeps Casino.
But, instead of cashing out, you will have to redeem your Sweeps Coins for prizes, including gift cards and cash.
To redeem prizes, you must confirm your identity, and a link to a qualified bank for cash prizes can be deposited. Gift cards can be redeemed online.
Fastest Withdrawal Methods at Riversweeps Casino
Riversweeps, being a sweepstakes platform, does not offer the ability to withdraw funds. This is because social casinos like Riversweeps operate differently than brick-and-mortar outlets in that the in-house currency has no use outside the platform.
While you can’t use Sweeps Coins as casino chips, they are not locked into your online account. The platform allows players to redeem these coins for prizes, even cash. The only way to do this is to link a bank account.
This process requires users to complete an account verification process that includes photo ID and banking information. Transactions to banks can take up to a week to go through.
How to Make an Online Withdrawal at Riversweeps Casino Casino
Whether you are playing with Gold Coins or Sweeps Coins, neither can be withdrawn in any traditional manner. Because they hold no real-world value, they cannot be turned into currency and withdrawn. Therefore, there is no process to explain.
You can, however, redeem Sweeps Coins for prizes after completing a few steps. These include verifying your identification, address, and banking information. After confirming this information, you can redeem prizes for gift cards or cash. You can also take advantage of Riversweeps Casino bonuses to potentially earn even more.
How Long Does Riversweeps Casino Take to Pay?
Riversweeps Casino does not pay out in the same way as a brick-and-mortar casino, or even a typical online casino. The Gold Coins and Sweeps Coins you earn playing at Riversweeps Casino cannot be converted into currency, so withdrawals do not exist.
However, there is a process to redeem Sweeps Coins under the sweepstakes model. This process takes up to a week for Riversweeps Casino to process and will add funds directly to your bank account.
Are Riversweeps Casino Winnings Taxable?
Riversweeps is a social casino and therefore offers no winnings. The coins are virtual currency and do not hold any real-world value. Therefore, there is no need to report any Gold Coins or Sweeps Coins that are won. The same goes for purchases made on the platform.
However, cash prizes are possible on the platform. Cash prizes received from Riversweeps may be subject to taxation. The amount can vary depending on which state you are in, so be sure to check any applicable laws related to cash prize winnings both federally and within your state.