KYC file · mBit
mBit KYC: a threshold priced in Bitcoin, not dollars
mBit's verification line is written into its terms: payouts above the equivalent of 1 BTC trigger additional checks (§9.3), with the right reserved to verify smaller sums too. Sign-up needs no documents, but reviews report verification expected at the first withdrawal. Caps for everyone: 3 BTC per week, 10 BTC per month (§9.6) (mbitcasino.io/terms/player-terms).
A BTC-denominated rulebook
mBit (running since 2014, the oldest casino we track) is the only operator in our set whose KYC math is denominated in Bitcoin. That cuts both ways: the 1 BTC line is unambiguous, but its dollar value floats — a threshold that was $30,000 one year can be $100,000 another, while your bankroll thinks in dollars. The terms also contain the clause big winners most regret not reading: wins above 10 BTC can be paid in monthly installments of 10% — ten months of counterparty risk on one win. Document demands when checks fire (§9.11, §11.4): ID, utility bills, selfies with notes, phone or live-video calls, up to proof of wealth.
Geography and the VPN clause
Section 2.3 is explicit: masking your location to circumvent geo-blocks lets mBit close the account and cancel winnings. Section 2.4's restricted list runs past 100 jurisdictions — the US, UK, Canada, most of the EU, Russia, China, Japan and more. Combined with verification expected at first withdrawal, mBit is structurally a poor fit for VPN-dependent players: the documents will eventually meet the IP logs.
The processing record
A 2026 complaints survey counts 200+ cases across Trustpilot, AskGamblers and Reddit with a consistent shape: wins in the $5,000–15,000 range parked in "random security checks" for weeks, documents requested over plain email, and repeat rejections for files other casinos accepted (tekedia.com, 2026). mBit's age proves it pays out at scale — but the friction record is why it ranks last among the six casinos we currently list. Its strongest card is actually a game: the exclusive Plinko mBit at a published 99% RTP, weighed against the field in the plinko comparison.
Where the trade-off is better
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Duel
Dollar-denominated $3,000 line, reportedly unenforced; payouts documented in seconds, not weeks.
Cybet
No routine checks, $100,000 per-transaction ceiling, no VPN-ban clause in its terms.
Side-by-side data: KYC Trigger Report.
FAQ
What is mBit's official KYC threshold?
One Bitcoin. Terms section 9.3 reserves additional verification for any payout exceeding the equivalent of 1 BTC — the only explicit BTC-denominated threshold among casinos we track — while also reserving the right to check smaller payouts.
What are mBit's withdrawal limits?
Per the terms: 3 BTC per 7 days and 10 BTC per 30 days. Wins above 10 BTC can be paid in monthly installments of 10% — a clause big winners should read before playing, not after.
Does mBit allow VPN play?
No. Terms section 2.3 states that masking your location to circumvent geo-restrictions allows mBit to close the account and cancel winnings, and section 2.4 lists 100+ restricted jurisdictions including the US, UK, Canada and most of the EU.
Reported-tier data cited to mBit's terms by section number. Published & reviewed: 11 Jun 2026.