Stake Casino is a cryptocurrency-friendly sportsbook and casino that only accepts cryptocurrency. But, this doesn’t mean that players are only limited to Bitcoin. Instead, gamblers can choose various cryptocurrencies to play with such as Ripple XRP, Etherium, Litecoin, Tron, Dogecoin, and Bitcoin.
Our review of Stake online casino found that they have added a function that allows its players to buy crypto directly on their website using FIAT currency. This means that players can use Stake as their primary online gambling provider without having a cryptocurrency account elsewhere.
Because Stake Casino allows payments in cryptocurrencies, your best option would be to create a crypto wallet and purchase crypto using other means before participating in Stake Casino’s betting.
With that being said, one of the best advantages of using cryptocurrency is the speed at which players can cash out bets. At Stake online casino, players can expect some of the fastest withdrawals among online betting platforms.
Our expert reviewers noted that Stake Casino does not impose any deposit limits. However, it is important to take note that there are minimum withdrawal requirements and fees that you should consider. Below you will find some of the main ones:
- BTC – Minimum Withdrawal: 0.0002 BTC; Fees: 0.00007 BTC
- LTC – Minimum Withdrawal: 0.04 LTC; Fees: 0.0005 LTC
- ETH – Minimum Withdrawal: 0.004 ETH; Fees: 0.0005 ETH
- BCH – Minimum Withdrawal: 0.02 BCH; Fees: 0.00001 BCH
- DOGE – Minimum Withdrawal: 30 DOGE; Fees: 1.5 DOGE
- XRP – Minimum Withdrawal: 20 XRP; Fees: 0.0001 XRP
- TRX – Minimum Withdrawal: 30 TRX; Fees: 1 TRX
- EOS – Minimum Withdrawal: 2 EOS; Fees: 0.1 EOS
There are no maximum withdrawal limits, meaning you can withdraw as much as you need. Bank Transfer and TIGERPAY are available options for withdrawal, with no fees or limits.
The withdrawals here are all automatically and instantly processed which means that players can get their winnings as quickly as the cash travels through the crypto blockchain. Besides fast withdrawals, players can also expect a speedy settlement of bets. Bets are settled as soon as the bet has been won.
At Stake casino online, you can deposit cryptocurrency into your casino account. You have the option to do that using your crypto wallet, or using your MasterCard and their exchange service. After creating an account at Stake casino, we used our crypto wallet to deposit our account, and we did that with MetaMask and Binance accounts.
Example: When we opened a Stake account, we clicked on the wallet button and then had the option to choose the cryptocurrency we would like to deposit. First, we wanted to transfer BTC from our Binance account. We chose Bitcoin and then Stake casino gave us the address to which we need to transfer the amount. We sent 0.01 BTC to the provided address and after 5 minutes our balance at Stake Casino was funded.
Example: Our second payment test was on an Ethereum deposit. For this transaction, we also used our Binance account. The deposit amount which we transferred to the Stake account was 0.5 ETH. The minimum ETH deposit to make at Stake online casino is 0.003 ETH. Depending on your crypto wallet, you need to use the network, and this time we used ERC20. it took a few minutes for the required blockchain confirmations to complete it. Our casino account was funded and the processing time was 7 mins. Using Txn Hash we checked our transaction on Etherscan, to check blockchain fees.
Example: Our third test to fund a casino account was with our MetaMask wallet. We chose to transfer 200 USDT to Stake casino, so we chose Tether (USDT) cryptocurrency and network ERC20 (because MetaMask is an Ethereum platform based on ERC20). So we sent 200 USDT to the provided address. One important thing to know, and the main reason why we decided to send USDT, is to understand how the transaction works using MetaMask. To send USDT to the address using MetaMask you need to have some ETH in your wallet to pay a GAS fee. So, if you have 300 USDT and want to send 200 USDT, without having a small amount in ETH, you can’t complete the transaction. After that, we used Txn Hash to check the transactions on etherscan, where you can see the exact transaction fee and GAS price.
Example: After successful deposit tests, and reviewing casino features we decided to withdraw some money from our account. We chose the withdrawal option, and 0.4 ETH was successfully transferred to our Binance account. The withdrawal was super fast, and our Binance wallet was funded in 5 minutes.