
Author:
Dave Thatcher
Last Updated on:
24/06/2022
Topic:
Stake General
Topic:
Stake General
If you’re looking to pin down the latest Stake.com payment methods in Canada, you’ve come to the right place. Stake.com is best-known as a Bitcoin betting site, but there’s more to this up-and-coming operator than just Bitcoin betting.
Stake.com sports and online casino customers can choose from multiple Stake.com payment methods, including Bitcoin, Ethereum, Litecoin, Ripple, Dogecoin, and Tron. The majority of payment options up for grabs here are limited to crypto-wallets, which means you might need to jump through a few hoops if you wish to fund your account via PayPal or other means.
Stake.com has an excellent reputation for competitive sports odds and great casino games, particularly when it comes to its excellent Stake.com free spins offers. But how does the operator shape up against competitors when it comes to payment options? Let’s look at what banking choices are available.
Unsurprisingly, Bitcoin rules the roost at this crypto-centric betting site, but there are other deposit options available, too, such as:
Whether you’re joining as a new customer or via a Stake.com referral bonus, Stake.com can automatically sync with whichever cryptocurrency wallet you use.
Sadly, no credit or debit cards are currently supported, but PayPal can be used externally via your preferred crypto wallet to convert fiat cash into a cryptocurrency that made the Stake.com payment methods list above. This can be time-consuming, but it’s good that this option is available.
The good news on the withdrawals front here is that all the cryptocurrencies supported for deposits are also supported for cash-out. That said, bettors are advised to stick to the same currency for both deposits and withdrawals to avoid conversion costs.
Conversions happen in real-time with Stake.com, so it’s important to choose when to cash-out wisely. At the time of writing, bettors can’t cash-out directly into fiat currencies – but there’s nothing stopping you making your own conversion later via PayPal.
With Stake.com, you should always stick to the same deposit and withdrawal method. This will help you to swerve any annoying conversion costs, and ensure you’re always acting in accordance with the operator’s coin mixing policy – which you can read more about on the operator’s T&Cs page.
Bitcoin is always a good bet with this operator due to its ease-of-use and full support across the Stake.com website. Using Bitcoin will enable you to sync easily with your preferred e-wallet, enjoy instant deposits and reasonable minimum deposit/withdrawal limits of just 5 USD/EUR. That said, you might want to consider an alternative cryptocurrency if faster withdrawals are important to you.
From minimum and maximum withdrawal limits to transaction processing times and limitations affecting certain bonuses, there’s a lot to get your head around when it comes to unpicking an operator’s payment methods and T&Cs. Here are the key things you need to know about Stake.com.
More good news from this operator – Stake.com does not impose upper limits on crypto deposits or withdrawals. That said, if you’re claiming a Stake.com no deposit welcome bonus or another offer, this may come with a bonus-specific cap (e.g., of $100 worth of Bitcoin), so always double-check.
Minimum Stake.com limits for deposits currently sit at 5 USD/EUR across all payment methods and you’ll need to convert any hard currencies into an eligible cryptocurrency before you play. But what do 5 USD/EUR equate to in the various cryptocurrencies currently supported? Now obviously, cryptocurrency values can fluctuate frequently, but let’s take a quick look at some approximate values at the time of writing:
Regardless of which deposit method you choose, deposits will always be instantaneous with Stake.com. If you’re requesting a cash-out, however, processing times can vary from 1 to 2 hours depending on your preferred cryptocurrency – so keep this in mind.
At the time of writing, Bitcoin offers the slowest processing time, with all other cryptocurrencies offering 1-hour withdrawals compared to Bitcoin’s 2-hour wait. Bitcoin also comes with a 5 USD/EUR minimum withdrawal limit. More good news, however, is that no transaction fees are charged across the board.
Stake.com is well-known for offering top-notch promotions on both sports betting odds and online casino games. Right now, there’s a $50,000 giveaway every week on eligible sports, $100,000 daily races promos and monthly drops and wins bonuses on selected slots. These offers are all available to everyone, no matter which cryptocurrency you use.
If you make it into the Stake.com VIP club, you might also be in with a chance of securing a Stake.com VIP bonus – which may even be playable wherever you desire, depending on how highly you rank in the operator’s tiered VIP programme.
The operator’s bonuses are rotated super-frequently, so you should always double-check what’s up for grabs before signing up.
Stake.com is an incredibly diverse betting site, offering unhindered access to tons of amazing sports betting odds, as well as a healthy selection of online casino games. Whichever payment method you decide to roll with, you’ll get to enjoy:
The Stake.com sportsbook spans American football, baseball, basketball, boxing, esports titles and more. There are over 35 sports in total. You should read through our sportsbook reviews and comparisons to see how Stake.com shapes up against other big-name Bitcoin betting sites.
Stake.com casino games range from traditional table games like blackjack and roulette to classic slots titles like Sweet Bonanza and Fruit Party. The operator also uses games from top-tier software names like Pragmatic Play and Evolution Gaming, meaning you can be sure of an epic experience every time. Check out our casino comparisons to see how Stake.com compares to competitors.
In summary, Stake.com payment methods are pretty broad and diverse, but the operator definitely leans its services heavily towards crypto bettors and casino gamers, with no support for traditional fiat currencies available at the time of writing – though it is hoped this will change in the near future.
You’ll no doubt be delighted to learn that Stake.com imposes no upper limits on crypto deposits and withdrawals. What’s more, the operator is super promo-happy with its regular bonuses and special offers. That said, you’ll need to be careful to stick to the same payment option when depositing and withdrawing if you don’t want to lose out on conversion charges, so do keep this in the back of your mind when playing.