Stake Payment Methods

Playing at an online casino where you know your funds are safe and secure puts your mind at ease. It wouldn’t be an overstatement to say that Stake has clean sheets in the payment department. Indeed, you may have problems with Stake payment methods, but its customer support is responsive, does its best to provide you with up-to-date information and pushes hard to resolve issues on various platforms. For example, you may seek help on the Askgamblers website and get a quicker response from the Stake team than Askgamblers customer service. Stake’s Know Your Customer (KYC) and Anti-money Laundering (AML) measures also make you feel safe.

Online casinos used to ask for verification documents while registering, but this has changed lately. Now, most of them ask for personal details and verification documents before depositing money or setting up your casino wallet. Stake is one of those. You can create an account instantly—it only takes a few seconds, especially if you register with a Google, Facebook, or Twitch account. However, when setting up your wallet, you must provide personal information and verify your ID using an official document such as a driver’s license, national ID card, passport or another valid document. Still, it’s not that time-consuming, and if you upload a clear image or PDF of your document, the verification process takes only minutes. You may feel insecure about uploading a document with such sensitive information. Still, contrary to the general belief, this step enhances account security, preventing someone else from using your information and acting on your behalf, transferring funds without restriction. Additionally, Stake Vault adds extra protection to your funds.

Besides its high-security protection, Stake facilitates the payment process by embracing the digitalisation of financial tools. The platform supports almost any payment provider and cryptocurrency; it also allows you to deposit and withdraw with multiple fiat currencies.

Stake Deposit Methods

So, let’s start with exploring wallet setup in more detail. First, you need to provide the following information correctly.

• Full Name: You need to give your legal full name. Remember, you can’t provide fake names because of the verification process. You can choose, however, a username—or “nickname,” as boomers may say—to play games to navigate the website while registering.
• Country: This information should match the proof of ID document you need in the next step. Your residential address may be different from your nationality. In that case, the website accepts resident permit cards—it doesn’t matter if it’s definite or indefinite leave to remain.
• Place of Birth: This information shouldn’t conflict with your proof documents.
• Date of Birth: It should be the same as the birth date on your proof of ID document.
• Residential Address: As mentioned above, your country of origin and country of residence may not be the same. So, you must ensure that your residential address and the address on the document you provide as proof of address match. You don’t need proof of address when setting up your wallet, but you may need it later for increased protection and security.
• City: Your city should match the residential address.
• Postal Code: You should give your correct postal code for the reason mentioned in “Residential Address.”
• Occupation Industry: The casino may ask for your proof of funds later for security and AML reasons. So, it’s better not to lie about your occupation so your given information and the information on your proof of funds match.

In the next step, you will choose the currency of your preference. You can select one of the following fiat money or cryptocurrencies for deposits and withdrawals.

• Argentine Peso (ARS)
• Chilean Peso (CLP)
• Brazilian Real (BRL)
• Japanese Yen (JPY)
• Canadian Dollar (CAD)
• Indian Rupee (INR)
• Peruvian Sol (PEN)
• Bitcoin (BTC)
• Ethereum (ETH)
• Litecoin (LTC)
• Dogecoin (DOGE)
• Bitcoin Cash (BCH)
• Tron (TRX)
• EOS (EOS)
• Tether (USDT)
• Binance Coin (BNB)
• Cronos (CRO)
• USD Coin (USDC)
• ApeCoin (APE)
• Dai (DAI)
• Chainlink (LINK)
• The Sandbox (SAND)
• Shiba Inu (SHIB)
• Uniswap (UNI)
• Polygon (MATIC)
• Solana (SOL)

Additionally, you can see your balance in the following fiat currencies, but you can’t use them to deposit or withdraw funds.

• United States Dollars (USD)
• Indonesian Rupiah (IDR)
• Philippine Peso (PHP)
• Vietnamese Dong (VND)
• Euros (EUR)
• South Korean Won (KRW)
• Polish Zloty (PLN)
• Mexican Peso (MXN)
• Russian Ruble (RUB)
• Chinese Yuan Renminbi (CNY)
• Turkish Lira (TRY)

Deposit Options

As you can see, Stake payment methods are all about giving you options when it comes to transactions, and this applies not only to fiat or digital currencies but also to the methods you prefer. The online casino partners with MoonPay, an exchange platform that helps you utilise almost any popular payment provider. You can link your bank account, credit and debit cards, PayPal, Apple Pay, and Google Pay to trade cryptocurrencies and then use your funds to wager at Stake. So, all you have to do is to get a MoonPay account. Creating an account on a third-party platform may be the only catch, which isn’t really one considering the security measures and the convenience of cryptocurrencies.

Stake has a minimum deposit amount and charges a small fee for your transactions. You can check the website to get more information. We also recommend you regularly check Stake’s website for any updates and changes in T&Cs for your protection.

How to Deposit at Stake?

The quickest way to get started is with an instant deposit, which means using cryptocurrencies. It’s super easy, and you’ll play your favourite games in no time because you don’t need to wait for traditional financial organisations’ transaction processing times.

1. Head over to your Wallet and click on Deposit. You’ll find your unique deposit address.
2. Choose your preferred currency from the abovementioned list.
3. Use your deposit address as the ‘send to’ location in your wallet or exchange.
4. (Optional) Use MoonPay to buy cryptos using your favourite digital wallet, bank account, or payment provider.

Stake’s live support team is always there to help with any questions. Also, remember to check out the Stake Vault for a super secure way to store your crypto. It’s like your own personal crypto bank!

Stake Withdrawal Methods

Like deposits, Stake withdrawal process is as easy as it gets. You can use the same currencies and online casino payment methods mentioned in “Stake Deposit Methods.” However, Stake may ask for extra documents for verification. While some casinos make it mandatory to complete all verification before starting to play, Stake adds each step when it’s really required. Assuming you played casino games or bet on sports and win. Stake may ask you to prove your funds’ source before withdrawing. We completed our ID verification when setting up our wallet; now, you may need to upload your proof of address and funds.

You can use one of the following documents as the proof of address.

• Utility Bill: You can use electricity, gas, or water bills. However, mobile phone, internet, or TV bills are not accepted.
• Bank or Credit Card Statement: Sometimes, bank statements cannot be accepted if they don’t have a wet signature and stamp. If Stake doesn’t accept your bank statement as proof of address, someone from customer support will contact you and guide you on providing a valid document.
• Council Tax, Municipality Bill, or Government Tax Letter: Well, this item is self-explanatory. You must just ensure you got the document in the last three months.
• An Official Letter from Your Employer or Educational Institution: The document should confirm your address and have a wet signature and an official stamp, preferably written on a letterhead.
• Tenancy Agreement Letter: This item is also self-explanatory. Just ensure it is signed, confirms that you still reside at the address, and was given at most three months ago.
• Bank Reference Letter: You should get the letter that shows your bank contact information, full name and address, the date of accounting and type of account, and the date the letter was issued.

As for the proof of source of funds, you must provide one or more of the following documents depending on—you guessed it—the source of the money.

• Bank Statements: Bank statements must include the customer’s name, account number, and the bank’s name and address, and must also show a history of regular deposits and withdrawals, typically spanning 3-6 months.
• Paychecks: Paychecks must include the employee’s name, the employer’s name and address, and the gross pay amount. The pay stub should cover the same period as the deposit shown on the bank statement to verify the income source.
• Tax Returns: Tax returns must include the taxpayer’s name, social security number, and adjusted gross income. Additionally, they should demonstrate a history of consistent earnings, ideally showing an increase in income over time.
• Investment Statements: Investment statements must include the customer’s name, account number, and the brokerage firm’s name and address. These statements should also clearly display the current value of the investments held in the account and any dividends or interest earned during the statement period.
• Gifts: Gift letters must include a written statement from the donor that specifies the gift amount, the date it was given, and the relationship between the donor and the recipient.
• Inheritance: In inheritance cases, documentation must include a copy of the will or trust document accompanied by a death certificate.
• Real Estate: In real estate transactions, documentation must include a copy of the deed or title and a recent property tax bill.
• Business Income: For self-employed individuals, documentation must include copies of business licenses, tax returns, and financial statements to verify income and business activity.
• Lottery Winnings: In the case of lottery winnings, documentation must include a receipt of the winnings and additional proof, such as a bank statement, that shows the origin of the funds initially used for the lottery.
• Company Sales: In instances involving the sale of a company, documentation must include a letter detailing the sale, signed by a licensed solicitor or regulated accountant on official letterhead.
• Divorce settlements: When funds originate from a divorce settlement, documentation must include the divorce settlement agreement and a bank statement clearly showing the receipt of those funds.
• Loans: If you derived funds from a loan, the required documentation must include an executed copy of the loan agreement and a bank statement clearly indicating the receipt of the loan funds and the current account balance.
• Mining: For cryptocurrency obtained through mining, documentation must include a ledger detailing the amount of cryptocurrency mined and the wallet address and transaction hash where the mined cryptocurrency was sent.

By the way, you don’t have to wait for all verification until the last minute before withdrawing funds. The second you create your account, you can go to “Settings” from the dropdown menu by clicking on the profile icon at the top right corner of the screen, then click “Verify” on the left menu to complete all verifications.

Withdrawal Options

When you’re done with all the verification mambo-jumbo, you’re ready to cash out all the sweet money you won. We can keep this part short because withdrawal options are exactly the same as deposit options, and Stake withdrawal times are as fast as deposit times. Just remember to check the wagering requirements, minimum and maximum withdrawal limits, and fees to prevent you from bumping on unexpected cuts.

How to withdraw from Stake?

Cashing out your winnings at Stake.com is a piece of cake, no matter which method you prefer, like depositing.

1. Head to your Account, then go to Wallet and select Withdraw.
2. Pick the cryptocurrency you want to withdraw.
3. Enter the address where you want to send your winnings.
4. Type in the amount you wish to withdraw and confirm the transaction.

At Stake, the wagering requirement is usually 100% of your initial deposit. So, if you put in $100, you need to place bets totalling $100 before you can withdraw any winnings in dollars. It’s all about keeping things fair and preventing any funny business. Once you’ve met that requirement, you’re free to cash out to your heart’s content.

If you want to get into the nitty-gritty of wagering requirements, especially if you’ve got some bets still running, check out Stake’s help centre. They’ve explained all the details so that even a newbie can understand.

Security of Stake Payments

Thankfully, Stake takes protecting your funds seriously. You can trust Stake to take care of your money as much as you trust your bank or whichever payment provider you prefer. You can even add an extra layer of protection with Stake Vault, as we mentioned earlier.

You can imagine the Stake Vault as your personal, super-secure digital piggy bank. It’s the perfect spot to stash your funds without stressing about those pesky transaction fees or waiting for blockchain confirmations. It’s locked down tight with two-factor authentication, and you can even add extra security measures if you’re feeling extra cautious.

The Vault is also your gateway to awesome Stake.com promotions. So, it’s definitely worth using when you’re placing your bets. It’s like having a secret stash of bonuses, just waiting to be unlocked! If you’re interested in this feature, the website provides a detailed guide on using the Vault and its advantages.

Data Protection And Security

When dealing with cryptocurrencies, you don’t have to worry about security and privacy issues, especially if you’re on a reliable and reputable platform like Stake. You can keep your identity under wraps, like a high roller in a dark corner booth. No need to share your bank details, so you can bet without leaving a trail.

Secondly, forget about those nail-biting waits for your money to move. Deposits and withdrawals are practically instant. It’s like having a personal cashier who works at lightning speed, 24/7.

Lastly, there will be no more dealing with pesky intermediaries like banks. That means your transactions are safe, and you won’t get hit with those annoyingly high fees. It’s like having a direct line to the casino vault!

Encryption Technology And SSL Certificates

Stake website uses top-notch SSL encryption, like a digital fortress around the website. So you don’t have to worry about your personal information being leaked or your funds being digitally stolen.

Additional Security Features

While Stake offers adequate safety measures, you can always increase protection by following the steps below.

• Turning two-factor authentication on for an extra layer of protection on your account.
• Using a super-strong, randomly generated password and switching it up with each login.
• Stashing your crypto in the Stake Vault for maximum security.
• Ensuring your hot and cold wallets are locked down tight to keep your crypto safe even outside of Stake.com.
• Reminding yourself that gambling should be fun by setting limits and sticking to them to stay in control.

Customer Support for Payment-related Issues

We mentioned that Stake’s customer support team are ready even outside their platform. So, expect nothing less than exceptional service in this department.

If you’re stuck on anything from funding your account to navigating the crypto world, Stake’s friendly customer support team is ready to assist 24/7. Just hop on live chat, and they’ll quickly get you back in the game.

Want to explore further on your own? Check out Stake’s handy customer support guide, browse its blog for how-to articles, or jump into the Stake Forum to connect with other players. With a vibrant community, you’ll never be short of help.

FAQs