Deposits and Withdrawals: A Clear Process
We aim to make managing your funds straightforward. Our platform supports a wide range of payment methods, and we process transactions efficiently. Here, we outline the steps for depositing and withdrawing funds.
Making a Deposit
- Log in to your 1 Red account.
- Navigate to the 'Deposit' section, typically found in your account menu or on the homepage.
- Select your preferred payment method from the available options. We support Visa, Mastercard, Skrill, Neteller, Jeton, Paysafecard, Ezeewallet, MiFinity, EcoPayz, and various cryptocurrencies like BTC, ETH, USDT, and SOL.
- Enter the deposit amount. For most fiat methods, the minimum deposit is $30.
- Follow the on-screen prompts to complete the transaction. This may involve entering card details, logging into an e-wallet, or confirming a crypto transaction.
- Deposits are typically processed instantly, and you should see the funds available in your 1 Red account immediately after confirmation.
Requesting a Withdrawal
- Ensure you are logged into your 1 Red account.
- Go to the 'Withdrawal' section. This is usually accessible from your account dashboard.
- Choose the same payment method used for your deposit, where possible. This is a standard procedure for security and compliance.
- Enter the amount you wish to withdraw. The minimum withdrawal amount for fiat is $45.
- Confirm your withdrawal request. Depending on the method, you may need to re-enter specific details.
- Before your first withdrawal, you will need to complete our Know Your Customer (KYC) verification process. This involves submitting documents such as proof of identity, proof of address, and proof of payment method. Please send these to support@1red.com or upload them via your account portal. Verification typically takes one business day.
- Once your withdrawal request is approved and KYC is complete, processing times vary. E-wallets and cryptocurrencies are usually processed instantly. Bank transfers via Inpay may take one banking day.
- You will receive an on-screen confirmation when your withdrawal request has been successfully submitted and processed by us.
We do not charge any fees for deposits or withdrawals on our end. However, please be aware that your payment provider may apply their own charges.
