Stake Casino cryptocurrency: Experience smooth betting online

Highlighting excellent user experience since 2017, Stake Casino is one of the first gambling sites to offer cryptocurrency as a payment option. This focus on digital coins makes betting convenient, offering players faster transactions and lower fees than standard methods. 

However, you can only fully enjoy these benefits if you're familiar with using Bitcoin (BTC) or other altcoins, like Binance (BNB). Learn how to navigate this crypto casino by reading further.

How do I deposit cryptocurrency into my Stake account? 

Depositing crypto into your account is simple and quick. Unlike regular bank methods that rely on manual checks, digital currencies use a peer-to-peer (P2P) system that lets transactions go directly from users to the casino. 

Plus, Stake Casino has no minimum or maximum deposit limits. However, ensure this amount is one you're pleased to use for betting and won't affect your essential funds. 

To get started, follow this step-by-step guide:

Step 1: Log in to your account

Start by logging in to your Stake Casino account using your email/username and password. For quick access, you can also use third-party options like Facebook, Google, Line, or Twitch.

Step 2: Click the profile icon

Once logged in, locate the profile or human icon at the top of the homepage. Click on it, and select the ‘wallet’ tab from the dropdown menu.

Step 3: Tap the deposit button

Tap the ‘Deposit’ option on the wallet page. This will bring you to the ‘Crypto Assets’ section, listing all available coins.

Step 4: Choose your currency

Choose the crypto you’d like to use to fund your account. Note that the default currency is BTC. If you plan to use a different one, click the small arrow to pick your preferred coin.

Step 5: Copy the deposit address

Type the wallet address where you want to receive your funds. Conversely, you can scan the QR code for a quick setup.

Step 6: Confirm the transaction

Double-check the information and ensure you’re using the correct crypto network. Your money should appear in your Stake Casino crypto wallet within minutes. 

You can use these funds to bet on casino games or sports on the site. If you don’t have any crypto yet or wish to buy a different one to deposit, you can use MoonPay on Stake Casino. This allows you to complete the conversion without leaving the site. 

Follow these simple steps to deposit using this third-party exchange:

While MoonPay may be slower than sending money directly from your crypto wallet, this method still provides a simple way to fund your account as a decentralised on-ramp exchange. You can enjoy all the services on this virtual currency casino in just a few moments.

What are the accepted cryptocurrencies on Stake?

As a crypto-powered gambling site, Stake Casino supports various digital coins and caters to players worldwide. This setup provides secure, quick, and private transactions at all times. 

To help you pick the right options for your gaming needs, here’s a list of the accepted cryptos on the site:

Bitcoin (BTC)

Launched in 2009, Stake Casino Bitcoin (BTC) is today's leading crypto. Its secure blockchain makes it an excellent choice for deposits and withdrawals. However, since it’s one of the most widely used coins worldwide, its network can get busy often, which may delay your request.

Ethereum (ETH)

Introduced in 2015, experts worldwide see this coin as a good investment since it may increase in value over time. Using Stake Casino Ethereum (ETH) for transactions provides fast and safe processing. Do note that this coin often faces huge price volatility, which may affect the funds you plan to deposit.

Litecoin (LTC)

Created in 2011, Stake Casino Litecoin (LTC) is a ‘lite’ version of BTC. This coin is known for its fast processing times, often taking about 2.5 minutes, making it ideal for frequent betting on the site. 

Dogecoin (DOGE)

DOGE was first introduced in 2013 as a meme-based crypto. It quickly grew in popularity due to its active community and low transfer fees. While its value can change based on market trends, this coin allows players to make cost-effective bets at Stake Casino.  

Bitcoin Cash (BCH)

Launched in 2017 as a fork of BTC, Bitcoin Cash aims to improve transfer speed by increasing the block size. It allows for more transactions per block, making it suitable for betting sites, where speed is essential. 

Tron (TRX)

TRX was founded in 2017 to create a blockchain platform for sharing and monetising content. While it may not be as widely used as other options, its secure payment process makes it appealing for bettors at Stake Casino. 

EOS

Since its launch in 2018, EOS has aimed to provide a flexible blockchain system. It is known for its fast processing speed, making it a great choice for online betting. While new users might find it tricky, it can be a good option for high rollers since it can handle many transactions with minimal congestion.

Tether (USDT)

Introduced in 2014, USDT is tied to the US dollar, which keeps its price stable. This coin is popular in trading and is ideal for players who want to avoid the volatility of other coins.

Binance Coin (BNB)

This crypto was launched by the Binance exchange in 2017. Using BNB for your casino transactions allows for fast and secure processing. However, during busy times, you may face high gas fees, which may impact smaller payments.

Cronos (CRO)

CRO was released in 2018, offering different services like payments and trading. It’s the native coin of the Cronos blockchain, focusing on lowering gas fees. However, its value is unsteady, which might affect the amount you want to deposit at Stake Casino.

USD Coin (USDC)

Launched in 2018, USDC is another stablecoin pegged to the US dollar. It keeps a steady value for crypto transactions, making betting at Stake Casino cost-effective. It also offers transparency and regular checks to ensure the coins are backed. 

Apecoin (APE)

APE was created in 2022 as the main token for the Bored Ape Yacht Club. It quickly grew into digital spaces like Stake Casino within a short time. While its link to the popular NFT community makes it a reliable payment option, its value can change based on how the market performs.

Binance USD (BUSDC)

BUSD is a stablecoin backed by the U.S. dollar. It was launched in 2019 by Binance in partnership with Paxos. As a regulated digital asset, BUSD maintains a 1:1 value with the dollar. However, like other stablecoins, it doesn't have the same chance to increase in value as regular cryptos.

Dai (DAI)

DAI was the first stablecoin linked to the US dollar. This coin is fully decentralised, providing secure casino transactions at any time. While its value may not grow as much as other coins, it allows players to deposit and withdraw their money without worrying about sudden price changes.

Chainlink (LINK)

Launched in 2017, LINK uses special nodes to collect and check real-world data for blockchain applications. This makes it a good choice for safe and private casino transactions. However, it might have high operating costs, cutting out the funds you wish to deposit or withdraw.

Sandbox (SAND)

Launched in August 2020, SAND works on the ETH blockchain. It’s the official currency in The Sandbox game, where players can create and make money from their experience. You can also use SAND to gamble in a cryptocurrency casino. However, its value can change based on market trends and how well the NFT market performs.

Shiba Inu (SHIB)

SHIB was introduced in 2020 as a meme coin. It gained a large following due to its community-driven approach and low transfer costs. Its easy-to-use format and large supply make it a great option for new users betting on sports and casino games. 

Uniswap (UNI)

Launched in 2020, UNI is a decentralised exchange that allows users to swap various cryptos. At Stake Casino, using this coin makes trading easy while maintaining a secure approach. However, its primary focus on trading may limit its use as a direct betting currency.

Polygon (MATIC)

MATIC is the main crypto coin of the Polygon Network. It was created in 2017 to boost ETH's multi-chain system. This allows for more transactions at lower costs. At Stake Casino, players can use MATIC to bet on various casino games or sports events.

Solana (SOL)

Released in 2020, SOL offers secure and low-cost transactions. With its proof-of-history consensus mechanism, this coin can process payment fast, even during busy times. While SOL's growth is fast, it can also create more competition, which might affect its value over time.

Ripple (XRP)

Launched in 2012, XRP allows fast, low-cost international money transfers and currency exchanges. Its decentralised nature protects your financial details, ensuring greater privacy and security for online betting activities.

How do I withdraw my cryptocurrency from Stake?

Stake Casino's withdrawal process is as simple and quick as the depositing method. 

Here are the steps you need to complete:

1. Verify your account: Before initiating a withdrawal, verify your Stake Casino account by providing any government-issued ID. An OAuth verification is needed if you signed up using your social media account, like Facebook or LINE.
2. Open your wallet: Click the wallet button at the top of the homepage. A menu with transaction options, including withdrawals, will open.
3. Choose the withdrawal option: Tap the withdraw button to access the page where you enter your details.
4. Select your crypto: In the dropdown menu, choose the crypto asset from which you want to withdraw your funds.
5. Type the withdrawal address: Input the wallet address where you want to receive your funds. Ensure you're using the coin’s corresponding network for a smooth process.
6. Enter the amount: Below the address tab, enter the withdrawal amount you wish to transfer. Stake Casino doesn't set a maximum withdrawal limit but be mindful of the transfer fees that may apply.
7. Provide confirmation code: Enter the unique code sent to your email to confirm the transaction.
8. Complete the withdrawal: Click the withdraw button to complete the process. Your funds should appear in your crypto wallet within a few minutes.

Are there any fees for crypto transactions on Stake? 

With Stake Casino cryptocurrency deposits, no fees are charged for any transaction. However, other platforms involved may incur service rates. For instance, the blockchain exchange requires gas fees to process the payments.

Consider the costs when calculating your funds to ensure the full deposit amount reaches the site. Also, crypto wallets have different fees, so checking your account settings is important before requesting a transfer. Most wallets show how much you’ll be charged and your total account balance. Use this data to manage your bankroll. 

Conversely, each withdrawal transaction comes with requirements and fees. Here's a breakdown of the conditions when cashing out using a specific coin:

As long as you meet Stake Casino’s withdrawal requirements, your requests can be processed quickly, allowing you to take out any coin size you want.

What should I do if I’m having problems with my cryptocurrency wallet transactions?

If you're experiencing issues with your crypto wallet transactions at Stake Casino, here are some troubleshooting steps to help you resolve them:

Review transaction details

Always review the details you provide in your crypto payment request to avoid a failed process. If you enter incorrect data, such as giving the wrong wallet address, your funds could be permanently lost, as blockchain transactions are irreversible.

Check network status

Check the status of the crypto network you're using. If it's busy, your transaction may face a delay. Knowing this can help you feel less worried while waiting for your money. This can also guide you in depositing or withdrawing during less busy times in the future.

Use a fast and secure internet connection

Ensure your internet is steady before starting a request. A slow or weak signal can cause delays or errors, making deposits or withdrawals harder. Using a wired setup or strong home WiFi can help avoid these issues.

Contact Stake support

If issues persist, contact Stake support for assistance. Share details like your transaction ID and the type of crypto you used. Use the live chat feature on the site for quick feedback, or send an email if you need a detailed review of the problem.

Frequently Asked Questions (FAQs)