

Vave
What does the register show about Vave?
Vave's licence is not confirmed in the issuing authority's register. 6 contradictions between its marketing and its binding terms are documented, 3 at high severity. Payout index 9/100, from 2 of 5 components. No withdrawal test has been run on it. Identity checks before payout: at the operator’s discretion. Its terms name 13 restricted countries in full.
Documents last checked Reviewed by CryptoGuardz Register Desk, editorial desk
Disclosure: CryptoGuardz has no commercial relationship with Vave and earns nothing if you sign up with them. Status and score are derived from the data below by the formula published at our methodology page, the same way as for operators we do have a relationship with.
1. What this means for you
Consequences first, in the conditional, each one produced by a document Vave publishes itself or by the register of the authority that licensed it. Every line links to the section that proves it.
- Your withdrawal can be refused on a term that contradicts what Vave advertises 3 high-severity contradictions are documented between what Vave says in public and what its own binding terms or its licence register say. Both sides of each are quoted and dated below.
- You have no complaints path we can point you to if Vave declines to pay The licence is asserted on Vave’s own site and could not be confirmed in the issuing authority’s register. That is an absence of confirmation rather than evidence the licence is invalid, and it still leaves a player holding a complaint with nowhere independent to take it.
- Your withdrawal can be held for identity documents whenever Vave decides to ask Vave’s own policy reserves verification at its discretion rather than at a stated trigger, so there is no point before which a player can know they will not be asked.
- You cannot tell how long a withdrawal will take, because the binding terms commit to nothing The terms state no processing time a player could hold Vave to. Any figure on the marketing pages is an aspiration the document does not support.
- Your winnings from a bonus can be capped before you withdraw them The bonus terms set a maximum cashout of 10,000 USDT from cashback, points, tournament, deposit, VIP and weekly bonuses; 50 USDT from free bonuses or free spins without a deposit. "Any amount in excess will be forfeited.". Anything above it is not payable however the bonus performed.
- You are reading a score built on three of five components, not five No withdrawal test has been run against Vave by this register and no public payout wallet has been identified for it, so the two components that would measure whether it actually pays are absent. The score is computed from what remains and marked low confidence.


2. The score, component by component
Vave scores 9 out of 100, at low confidence, from 2 of five components. The formula is published in full at our methodology page so any reader can recompute it from the data on this page.
4.1 ÷ 45 × 100 = 9Vave earned 4.1 of the 45 points that could be measured, scaled to 100. The other 55 points have no data yet and are left out, not scored as zero.
- Licence verification0/30
No licence number found.
- Claim consistency4.1/15
Documented contradictions between marketing claims and binding terms or registers: 3 high, 3 medium, 0 low. Only high and medium decay this component.
- Measured payout speedn/a / 25No data yetExcluded from the denominator, so the maximum drops by 25
No first-party withdrawal test has been run yet, so this component is excluded from the denominator rather than counted as zero.
- On-chain wallet healthn/a / 20No data yetExcluded from the denominator, so the maximum drops by 20
No hot wallet has been identified for this operator, so this component is excluded from the denominator rather than counted as zero.
- Independent safety ratingn/a / 10No data yetExcluded from the denominator, so the maximum drops by 10
No independent safety index found.
Components marked no data are excluded from the denominator rather than counted as zero, so Vave is not punished for a measurement we have not made.
| Component | Basis |
|---|---|
| Licence verification | No licence number found. |
| Measured payout speed | No first-party withdrawal test has been run yet, so this component is excluded from the denominator rather than counted as zero. |
| On-chain wallet health | No hot wallet has been identified for this operator, so this component is excluded from the denominator rather than counted as zero. |
| Claim consistency | Documented contradictions between marketing claims and binding terms or registers: 3 high, 3 medium, 0 low. Only high and medium decay this component. |
| Independent safety rating | No independent safety index found. |
3. What we could not verify
Every register entry carries this section, and it sits third rather than last because the limits of a check belong beside its results.
- The live pages. vave.com served its geoblock page to our browser from the United States, so the terms, bonus terms and homepage were read through search-index copies. The help centre at help.vave.com was read directly.
- Which company operates vave.com today. The current terms name none; the help centre names TechOptions Group B.V.; the Dutch regulator names Chestoption.
- Whether Curacao licence OGL/2024/1676/0905, held by Latcas B.V., covers any Vave domain. The authority's certificate portal offers no search, and the register does not list domains.
- The AML and KYC policy, which was not retrieved.
- The Casino Guru rating. casino.guru served a bot check.
- First-party withdrawal test. Not yet run.
4. Licence and who operates it
Vave states a licence on its own site. We could not confirm it against the issuing authority’s register. That is an absence of confirmation, not evidence the licence is invalid.
| Licence authority | Curacao, per the operator's help centresource · 2026-10-02The help centre says the operator "holds a license issued by the Curacao IGaming Authority" but gives no number. The binding terms state no licence. |
|---|---|
| Licence number | not disclosed |
| Register status | not disclosedLooked up and not found. Neither TechOptions Group B.V. nor Chestoption appears in the Curacao Gaming Authority register of 16 September 2026, and vave.com is not listed on the Anjouan register. This is an absence of confirmation, recorded alongside a regulator's finding that the operator held no Dutch licence. |
| Term start | not disclosed |
| Term end | not disclosed |
| Legal entity | Chestoption Sociedad de Responsabilidad Limitadasource · 2026-10-02Named by the Netherlands Gambling Authority as owner and operator of vave.com, on the evidence of the site footer and section 1 of the terms as they stood in 2024 and of the hosting provider's records. The terms served on 2 October 2026 name no company at all. |
| Jurisdiction | Costa Ricasource · 2026-10-02 |
| Company number | not disclosed |
| Registered address | not disclosed |
What a Curaçao licence actually covers, how a complaint under it works and what it does not cover at all is set out on the Curaçao jurisdiction page, alongside every other operator on the register under the same regime.
Other entities named in this operator’s own documents
- TechOptions Group B.V., Curacao, named in Vave's help centre as the operator holding a Curacao licence. It does not appear in the Curacao Gaming Authority register of 16 September 2026.
- Latcas B.V. holds Curacao licence OGL/2024/1676/0905, Indefinite from 19 May 2026. A third party reports that the authority's portal lists vavegame.com, not vave.com, under it; not verified here.
- Neomatrix Ltd holds Anjouan licence ALSI-202505032-FI2, whose domains include vavegame.io. vave.com is not listed on the Anjouan register.
5. Where the marketing and the terms disagree
We compare what an operator advertises against its own binding terms and against the issuing register. Vave has 6 documented contradictions. Each one below cites both sides.
- Claimed
- The help centre states "Vave Crypto Casino is licensed and regulated" and that the site "is managed and operated by TechOptions Group B.V., which holds a license issued by the Curacao IGaming Authority". [source]
- Contradicted
- The Curacao Gaming Authority register of 16 September 2026 has no entry for TechOptions Group B.V. The Netherlands Gambling Authority found, from Vave's own terms and footer, that the operator is Chestoption, a Costa Rica company, and the terms now served name no company and no licence. vave.com is not on the Anjouan register either. [source]
- Claimed
- Clause 3.6 of the terms lists the Netherlands among countries whose players "are prohibited from playing real money wagering games at Vave". [source]
- Contradicted
- The Netherlands Gambling Authority found that on 27 May 2024 vave.com was reachable from a Dutch IP address, that its supervisor could open an account with Dutch details, deposit and play, and that no technical measures blocked Dutch players. It fined Chestoption 3,082,000 euros on 9 June 2026. [source]
- Claimed
- The help centre says Vave "prioritizes your privacy and anonymity", that "you generally won't need to send any documents as we do not collect any personal information", and that most withdrawals are validated automatically because of "the absence of mandatory player verification". [source]
- Contradicted
- Clause 8.7 of the terms reserves an identity check before any payout, with pending withdrawals held or cancelled meanwhile, and allows a selfie with ID, a phone call or a live video call; failing to pass within two weeks means account closure and confiscation of winnings. Clause 10.2 withholds winnings until a phone call with a manager has taken place. [source]
- Claimed
- The homepage FAQ says withdrawals "will take up to 10 minutes", and the help centre says "for fiat money, there is no waiting involved". [source]
- Contradicted
- Clause 8.1 allows up to 3 days for some payment options and payment in instalments above a payment system's limit, and clause 8.8 allows wins of 50,000 USDT or more to be paid in equal parts over up to 30 days. [source]
- Claimed
- Asked "Are there withdrawal limits?", the help centre answers "There are no restrictions at this moment." [source]
- Contradicted
- The terms require deposits to be wagered three times on casino or once on sport before any withdrawal (8.11), allow instalments (8.1, 8.8), and the bonus terms cap bonus-derived winnings at 10,000 USDT and forfeit the excess. [source]
6. Our withdrawal test
We have not yet deposited to Vave or requested a withdrawal ourselves. Until we have, this section carries no measurement and the payout score above excludes that component. We publish this absence instead of repeating the operator’s own stated times as though we had verified them.
7. Money in, money out
Tanzanite, which publishes on-chain deposit volume for the larger crypto casinos, does not track Vave. We have not identified a payout wallet for Vave ourselves either, so there is no on-chain figure for this operator from any source we trust. That is a gap, and it is stated rather than filled. The operators that do carry a figure are listed separately.
Payout wallet
Deposit volume is money going in. The harder question is whether money comes back out, and that needs the operator’s payout wallet. We have not identified one for Vave. Where a payout wallet can be identified we track its balance trend directly on chain, because a wallet draining faster than it fills is a leading signal of payment trouble while complaint volume is a lagging one. For this operator that signal is not available, which is why the on-chain component is left out of the score rather than counted as a zero.
8. Public record
Not measured. The Netherlands Gambling Authority fined Chestoption, which it identifies as the operator of vave.com, 3,082,000 euros on 9 June 2026 for offering games of chance in the Netherlands without a licence, and records that Chestoption did not respond to the proposed fine. That is a documented regulator action rather than a complaint count, and it is recorded here as such.
9. Withdrawal terms and KYC
These are Vave’s own stated terms, taken from its binding documents in place of from its marketing pages. Where the two disagree, the disagreement is recorded in the section above.
| Stated processing time | "Your withdrawals will be processed as soon as possible, however, please keep in mind that for some payment options, your withdrawal request may take up to 3 days to process." Wins of 50,000 USDT or more may "in exceptional cases" be paid in equal parts within at most 30 days (8.8).source · 2026-10-02Clause 8.1. Read on 2 October 2026 through a search-index copy, because vave.com showed our browser its geoblock page. |
|---|---|
| Minimum withdrawal | Depends on the payment method (8.1).source · 2026-10-02 |
| Limits | Withdrawals above a payment system's limit are paid in instalments (8.1). Deposits must be wagered three times on casino or once on sport before a withdrawal (8.11). Winnings from deposit, cashback, VIP and weekly bonuses are capped at 10,000 USDT and from no-deposit offers at 50 USDT.source · 2026-10-02 |
| When KYC is triggered | Registration asks only for a nickname, email and password. Clause 8.7 reserves the right "to check the player's identity prior to processing payouts", holding or cancelling pending withdrawals meanwhile, and may require a selfie with ID, a selfie with ID and a handwritten sign, a phone call or a live video call. "Failure to pass verification within 2 weeks will lead to account closure and any winnings confiscation." Clause 10.2 adds that winnings are not processed until a phone call with a manager takes place.source · 2026-10-02 |
10. Bonus terms in plain numbers
| Headline offer | "Sign up and Get a Bonus up to 1.5 BTC", and cashback and rakeback "up to 100 000 USDT".source · 2026-10-02Read from the site's homepage content as served at this address. |
|---|---|
| Wagering requirement | Set per bonus in its own terms. Free-spin winnings may be cancelled unless the qualifying deposit was wagered at least three times (1.11).source · 2026-10-02 |
| Maximum cashout | 10,000 USDT from cashback, points, tournament, deposit, VIP and weekly bonuses; 50 USDT from free bonuses or free spins without a deposit. "Any amount in excess will be forfeited."source · 2026-10-02 |
| Expiry | Bonus and winnings are removed when the bonus expires (2.3); no general period is stated.source · 2026-10-02 |
| Game contribution | Slots 100 per cent, except a long excluded list. Table games and live dealer games do not count.source · 2026-10-02 |
11. Coins and chains
8 coins are enumerated in Vave’s own documentation: BTC, BCH, ETH, DOGE, LTC, TRX, USDT, XRP.
- BTC
- BCH
- ETH
- DOGE
- LTC
- TRX
- USDT
- XRP
Eight account currencies in clause 5.1 of the terms, matching the help centre. Third-party reviews claiming over a hundred cryptocurrencies are not treated as sourced.
Payment methods
Vave’s own pages name 4 ways to pay besides crypto: 4 through a service that sells you crypto. Buy-crypto services named: MoonPay, Onramper.
| Method | Type | Route | Direction | Regions | Source |
|---|---|---|---|---|---|
| Crypto | |||||
| Crypto | Crypto | Direct to balance | Deposit, withdrawal | not disclosed | Source |
| Cards | |||||
| Apple Pay | E-wallet | Buys crypto via Changelly or Onramper | Deposit | not disclosed | Source |
| Google Pay | E-wallet | Buys crypto via Changelly or Onramper | Deposit | not disclosed | Source |
| Mastercard | Card | Buys crypto via Changelly or Onramper | Deposit | not disclosed | Source |
| Visa | Card | Buys crypto via Changelly or Onramper | Deposit | not disclosed | Source |
| Buy-crypto services | |||||
| MoonPay | Buy-crypto service | Sells you crypto | Deposit | not disclosed | Source |
| Onramper | Buy-crypto service | Sells you crypto | Deposit, withdrawal | not disclosed | Source 1Source 2 |
Belarus
Canada
Curaçao
Cyprus
Estonia
France
Israel
Latvia
Lithuania
Netherlands
Türkiye
United Kingdom
United States
12. Where you cannot use it
| Restricted territories | Players from Belarus, Curacao, Estonia, Israel, Latvia, Lithuania, United Kingdom, United States of America, Cyprus, France, Turkey, Netherlands are prohibited from playing real money wagering games. Players from Canada are not allowed to play NYX (NextGen) games.source · 2026-10-02Clause 3.6. The published clause spells Cyprus with a Cyrillic first letter, so a text search for Cyprus misses it. The clause adds "The Casino cannot guarantee successful processing of withdrawals or refunds if the player breaches this Restricted Countries policy." Clause 2.1 separately bars sports betting from Russia. |
|---|
13. Who should avoid Vave
Anyone who would be relying on the specific claims contradicted above. The help centre states "Vave Crypto Casino is licensed and regulated" and that the site "is managed and operated by TechOptions Group B.V., which holds a license issued by the Curacao IGaming Authority". That is the claim most likely to matter at the moment you try to withdraw, and this operator’s own binding terms say something different.
14. Related entries on the register
Or browse the full payout index, the watchlist, the contradictions we have documented, or read how we rate operators.
15. Sources
- Curacao Gaming Authority online gaming licence registry, 16 September 2026
- Anjouan Gaming licence register
- Netherlands Gambling Authority, fine decision against Chestoption, 9 June 2026
- Vave terms and conditions (search-index copy)
- Vave bonus terms and conditions (search-index copy)
- Vave homepage content (search-index copy)
- Vave help centre: licensing
- Vave help centre: documents
- Vave help centre: automatic payments
- Vave help centre: withdrawal time
- Vave help centre: withdrawal limits
- Vave help centre: depositing cryptocurrency