A guide to Stake casino deposit method for beginners
Payment methods are the quintessential services all online platforms and their customers need. In the context of Stake and gamblers, this allows you to build your bankroll to be used for gambling and claim your winnings. Thus, learning how to use payment methods is a prerequisite for enjoying Stake’s services.
Stake is a crypto casino, which means it uses cryptocurrencies for betting. This includes online casino deposit methods that work with digital assets. With this in mind, here is everything you need to know about Stake casino deposit methods:
All accepted Stake casino virtual currency
Stake supports a wide variety of cryptocurrencies but not all of them. The casino focuses only on the most secure ones with high market capitalisation and consistently strong liquidity in markets worldwide. Thus, you can ensure that the supported crypto uses reliable networks for peer-to-peer (P2P) transactions as a Stake casino deposit method.
Here is the list of all cryptocurrencies you can use for Stake casino betting and their networks:
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The list might change in the future as the crypto market continues to grow. But for now, these are the networks you can always rely on at Stake for making deposits and withdrawals. Any wallet that works with these digital assets can be used for your transactions.
Using the above networks for P2P payments with Stake is only one of the ways you can make a crypto deposit. If you don’t have any of the supported digital assets on hand, then you can buy them using MoonPay. It’s a deposit solutions provider that accepts fiat currencies in exchange for crypto.
MoonPay accepts bank transfers and credit card payments for quick transactions. Conversions are based on the provider’s exchange rate which is also often indicated at the bottom of the homepage at Stake.
Overview of Stake casino bank transfer method
The Stake casino bank deposit method is one of the two primary solutions for fiat transactions, granted that the fiat you’re using is accepted and supported at Stake. You need to verify your account with a completed Identity Verification level 2 or have submitted legal documents for identification.
If your account is eligible for fiat deposits, go to your wallet account. You’ll see a list of currencies you can choose from. Choose one of them to open the next popup for bank transfers. You will need to complete the following steps:
- Go to your wallet and select the currency you want to deposit
- Type how much you want to transfer
- Fill in the bank details asked
- Account number
- Bank name
- Bank branch address
- Bank branch name
- System code
- Complete the transaction and wait for a confirmation email
- Confirm the transaction and wait for your balance to reflect your funds
Bank transfers are two-way payment methods so you can also claim your winnings using the same service provider. Withdrawals require the same steps, including the bank details being asked for.
You will need to set up a MoonPay account which requires know-your-customer (KYC) details like your name, billing address, and debit card credentials. Once set up, you may use its services whenever you need to make a Stake Casino deposit using fiat. You can find MoonPay in the ‘Buy Crypto’ section of your Stake casino wallet.
Bank transfers using Japanese yen (JPY) need to be between a minimum of ¥1,000 and a maximum of ¥400,000. Transfers can take between a couple of minutes up to 48 business hours but you can contact customer services with proof of transaction after 24 hours. You can also use MoonPay VISA Fast Funds to complete the process in less than 30 minutes.
Basics of Stake casino credit card payment
Credit cards are widely supported payment methods with Visa and MasterCard as the lead providers. While they’re not directly accepted as a Stake deposit method, you can use them through third-party channels like MoonPay. You’ll find this option on the ‘Buy Crypto’ page in your Stake wallet.
Using a credit card is often simpler than bank transfer methods. The form you will fill out needs fewer details and transactions require no confirmation unless you enable the 2-factor authentication (2FA) for security. You only need to link your credit card details with MoonPay once and you may use it for future crypto purchases on Stake again.
However, you will need to complete a long KYC procedure if you’re using MoonPay for the first time. Details required to verify your account and make it a readily available purchasing service for Stake casino virtual currency are as follows:
- Card number
- Expiry date of the card
- Card verification value (CVV) / Card verification code (CVC)
- Card billing address
Accepted e-wallets at Stake casino
Electronic wallets (e-wallets) are apps, desktop software, and browser extensions that offer services for managing your finances. Their most popular function is to oversee transactions and store your cash but they provide other functions as well like tracking your expenses and market updates. Thus, they are also popular payment alternatives to bank transfers and credit cards.
However, support for these payment methods is much harder to find because they need to be in partnership with businesses before customers can use them. That is the case with Stake which is partnered with the following e-wallets:
- AstroPay
- MuchBetter
- Vega Wallet
- Apple Pay
- Google Pay
- Samsung Pay
AstroPay or MuchBetter deposits are popular because they’re widely supported across different countries. Customers' choice between them is typically down to personal experiences over which one has a more reliable service in their area. Vega is better for Japan-based bettors because its platform is dedicated to the country.
Services like Apple Pay, Google Pay, and Samsung Pay are much more convenient because they usually don’t require installing another app. They’re often installed on your mobile device (Apple Pay for iOS and Samsung Pay for Android) and connected to your cloud account. Google Pay works the same but it’s connected to your Gmail.
If Stake cannot accept fiat from your country, then e-wallet options like the AstroPay deposit method won’t be available for you. However, you may use e-wallets indirectly through MoonPay. This exchange accepts all the above methods for buying and selling, making it the best partner for Stake.
Stake casino deposit and withdrawal process
Crypto deposits and withdrawals with Stake are easy. You just need to take the generated wallet address and input it as the recipient of your transaction. The step-by-step for crypto deposits are as follows:
- Go to your Stake Wallet then click on ‘Deposit’
- Use the generated wallet address as the recipient of a crypto transfer using any crypto wallet
- Copy the generated deposit address and paste it on the input box of another wallet app as the recipient of the transfer
- Scan the generated QR code using your crypto wallet phone app to make your Stake casino account the recipient of a crypto transfer
- Input how much you want to transfer in the deposit then finalise the process
You cannot make withdrawals from the Stake Wallet. Instead, you’ll use the Stake Vault, which adds a layer of protection for your funds protected by 2FA. Your funds won’t be directly added here instantly after making a deposit. They will stay in your wallet but you can transfer them to your vault using the deposit function. Steps include the following:
- Go to your Stake Vault
- Click on the ‘withdraw’ tab
- Input how much money you want to claim from your vault
- You cannot deposit more than what’s in your vault
- Input your password then click on ‘Withdraw from Vault’
- Complete the withdrawal step in MoonPay
You can send the money you withdrew to your MoonPay account balance. This is where you can sell your assets on the MoonPay exchange or transfer them once more to a different crypto wallet. This process follows the same P2P method that it takes to deposit crypto to Stake.
Frequently asked questions
Here are some of the most frequently asked questions about Stake deposits:
Unfortunately, you cannot transfer funds directly from a credit card to Stake Casino. However, you can use it on MoonPay to buy crypto with fiat which is then deposited to your Stake account.
A standard transaction typically takes only several minutes for any payment method you choose. However, delays may happen from the payment processor’s end which can push them back up to 48 hours. Keep a screenshot of the proof of transaction and contact the payment provider’s customer services if you need a follow-up.
Funds you use to play Stake casino games can be stored on the Stake Wallet. You can also access funds stored in your account’s Stake Vault where it’s given additional protection.
