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Stake Crypto Gambling

This site, StakeFans, is clearly all about our love of Stake casino. And what we love about Stake casino is that it is the best crypto casino around!

But have you ever thought about what that means? Like what is crypto gambling and how does Stake do it so well?

This article is dedicated to flushing it all out. Because we want you to enjoy your time at Stake as much as possible. And while you already are a devotee, there is always more to learn about what makes Stake so great for crypto gambling.

Stake Crypto Gambling Highlights

What is a crypto casino anyhow?

A crypto casino is an online casino where you can bank in cryptocurrency. That means you can fund your casino account with a digital currency and withdraw your money using a digital currency. This is different from a traditional online casino where you do all your banking in what are called fiat currencies like US dollars, Canadian dollars, yen, or euros. Platforms like wazamba casino offer a similar experience, allowing players to use both digital and traditional currencies for seamless gaming. Stake started as a crypto casino, and due to popular demand it has added the option to bank in fiat for certain countries. That means you can play at Stake even if you don’t have any cryptocurrency.

Reasons to gamble in cryptocurrency

There are a lot of reasons why people like gambling in cryptocurrency. One is the fact that there are generally far fewer limits in place. That’s the nature of the beast you might say. After all, crypto came around in order to provide more privacy and reduce bureaucratic drag.

For these same reasons, crypto transactions are far faster than regular old cash. This is especially beneficial when cashing out, as you get your money back substantially quicker.

TO HELP YOU GET A COMPLETE FEEL FOR THE STAKE CRYPTO GAMBLING EXPERIENCE AND HOW IT BENEFITS YOU, WE’LL ADDRESS IT IN TWO SEPARATE SECTIONS:

Currencies Stake Casino accepts

Stake accepts both fiat currencies and cryptocurrencies for gambling purposes. One of the big benefits of Stake over other online casinos is that it accepts a lot of different cryptocurrencies including, but also beyond, Bitcoin.

Currently, the accepted crypto coins at Stake are:

This is a really solid list covering the most popular coins because Stake is simply the best crypto casino and makes things easy for you. And that includes the flexibility of banking you get with all these different coin options.

For those who prefer using more traditional currencies, Stake has added the capacity to bank with fiat. This is obviously good news. However, before you open the champagne, we have to say it’s limited to just some currencies and countries for now. Canadian, Brazilian and Japanese players in particular will have the option to gamble in their national currency at Stake.

How to make crypto casino transactions

All you need to do is open your Stake wallet and follow the onscreen instructions from there. If you’re familiar with how payment methods work at an online casino, it is exactly the same thing.

The only difference is that for deposits you will need to send your payment to the crypto address provided onscreen, or scan it using your mobile.

Withdrawals again work in the exact same way. Make absolutely sure you provide the correct address for the casino to send the money to, because if you don’t the money will be irretrievably lost in the blockchain.

Deposit limits

Like we said, one of the biggest benefits of crypto gambling is the fact that there are very few limits. In fact, for deposits there are no max limits at all at Stake when you’re banking with crypto. As long as your deposit covers at least the network fee for the transaction, then you can deposit as much or as little as you want. Although really small deposits may not leave you very much to play with after the network fee, so you may want to consider going at least a bit above the minimum.

Then there is the option to deposit in fiat. These obviously won’t have the associated network fees from crypto transactions, but they will have a maximum deposit limit. The exact limit will depend on the payment method you are using.

Accepted fiat currencies and their respective payment methods at Stake include:

  • Yen (JPY) with TigerPay, credit cards and bank transfer;
  • Brazilian Real (BRL) with Pix;
  • Canadian Dollar (CAD) with Interac.

 

Withdrawal limits

Even better than the lack of deposit limits we’d say is that there are virtually no withdrawal limits for banking with cryptocurrencies at Stake. We say “virtually” because there are some really low minimum withdrawal amounts you need to make. It’s really just an amount that covers the network fee and still ensures you have some leftover to make it worthwhile. The amounts are low enough that it should never be a problem.

Then with no cap on your maximum withdrawal, the sky’s the limit. That means if you win really big, you can instantly take out the whole prize purse. This is something you rarely – if ever – see at a traditional online casino, which is another reason we like Stake and crypto gambling so much.

You can withdraw in fiat if you deposited in fiat. There are no network fees involved in these cases, but you won’t get the no limit withdrawals that you can enjoy with crypto at Stake. Again, the maximum withdrawal limit depends on your payment method

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