Every figure that applies to an account opened in Nigeria.
Core limits
| Minimum deposit | ₦200 |
| Minimum withdrawal | ₦1,000 |
| Account currency | naira (NGN) |
| Exchange reference | 1 dollar ≈ ₦1,550 |
| Maximum withdrawal | depends on method and verification status |
The maximum is not a single number: it varies by method and by how complete your verification is. A fully verified account receives higher limits — one more reason to verify early.
Fees
| Source | Fee | Note |
|---|---|---|
| Melbet on deposits | generally none | the platform does not charge to fund |
| Melbet on withdrawals | generally none | may apply in specific cases |
| Payment provider | per its own tariff | Bank transfer or bank charges |
| Crypto network | very low on Tron | high on Ethereum |
| Currency conversion | the exchange spread | disappears if the account is in NGN |
Limits you set yourself
- Deposit limit per day, week or month.
- Loss limit with an automatic stop.
- Session time limit with a warning.
- Cool-off for a period you choose.
- Self-exclusion with no quick reversal.
Lowering a limit is immediate; raising one takes effect only after a waiting period. The asymmetry deliberately protects you from an impulsive decision.
Tax in Nigeria
The platform does not deduct tax from winnings and does not report to any authority. Responsibility for complying with Nigerian tax law rests with you.
Betting is a regulated industry in Nigeria, and operators licensed locally pay their own duties. If you withdraw substantial amounts regularly, keep a record of transactions and take professional advice where appropriate.
The legal position in Nigeria
Sports betting is legal and regulated in Nigeria. The National Lottery Regulatory Commission licenses operators, and several states such as Lagos run their own boards. International operators are widely used and not systematically blocked.
On the technical side: no systematic ISP blocking — the main practical issue is network speed during peak hours.
Frequently asked questions
Is Melbet legal and safe?
Melbet operates under a Curaçao licence (8048/JAZ) and uses SSL encryption. Sports betting is legal and regulated in Nigeria through the National Lottery Regulatory Commission. Strictly 18+.
What is the current Melbet promo code?
The active code is 8G8G. It is entered during registration only, in the promo code field, and cannot be applied to an existing account.