1Red Fees: What a Transaction Costs

What Does a Transaction Cost at 1Red?

We charge no internal fees on deposits or withdrawals at 1Red UK — our payment providers may apply their own charges, and in exceptional cases an intermediary bank fee of up to around £16 can appear on a bank transfer. These are provider-side costs, not ours, and they sit on top of the deposit and withdrawal methods listed on our deposits page.

Currency conversion

We support EUR, GBP, USD, AUD, CAD, NZD, HUF, ZAR and ARS alongside USDT, USDC, BTC, ETH, SOL, BCH, LTC, DOGE, XRP, BNB, ADA and TRX. If you deposit or withdraw in a currency outside your account currency, conversion rates, network fees, bank charges and third-party fees are borne by you, calculated at the market exchange rate used for display and settlement at the time.

For crypto players, network fees depend entirely on the blockchain used rather than on us — sending BTC, ETH or any of the other ten supported coins carries whatever fee that network charges at the time of the transaction. We never add our own margin on top.

Rollover, Chargebacks and Other Hidden Costs

Deposits at 1Red must be wagered at least 3x before a withdrawal can be requested; fall below that 3x threshold and transaction costs for both the deposit and the withdrawal may be charged to you rather than absorbed by us. This is the one circumstance where a fee is tied directly to how a balance was used rather than to the payment method itself.

Crypto transactions are irreversible on our side as much as on any network — funds sent to the wrong address, the wrong network, or without a required tag or memo cannot be recovered, and a deposit sent below the stated minimum is lost rather than refunded. Chargebacks are prohibited under our terms and can lead to a charge equal to your available balance, alongside account suspension, so a card dispute is never a cost-free route to reversing a payment.

Third-party payments are not accepted either — if a deposit arrives from a card or wallet not registered in your name, it may be refunded to the account owner with winnings frozen, which can itself trigger return fees from your bank. Full detail on how funds move between methods sits on our deposits page, while the broader picture of our offer, including the welcome bonus terms that interact with wagering, is covered on our overview page.

Where Costs Can Appear in Practice

Most transactions at 1Red carry no cost at all once a payment method clears, but a handful of situations can introduce a charge from outside our own systems. Here is where to watch:

• Bank transfer — an intermediary bank fee of up to roughly £16 can apply in exceptional cases, separate from our own processing.
• Non-account currencies — conversion rates and third-party fees on EUR, GBP, USD, AUD, CAD, NZD, HUF, ZAR or ARS are paid by the player, not by us.
• Crypto networks — BTC, ETH, LTC, DOGE and the other supported coins each carry their own blockchain network fee at the time you send.
• Under-3x wagering — withdrawing before a deposit has been wagered 3x can bring transaction costs for both the deposit and the withdrawal.
• Wrong-address or sub-minimum crypto deposits — these cannot be recovered or returned, making the full amount effectively a loss.

For verification steps that can affect how quickly a withdrawal clears once costs are settled, see our verification page.