Stake.us Payment Methods

ByChav Vasilev

May 28, 2024

Stake.us is a sweepstakes casino, meaning you don’t have to purchase anything to play. But if you do want to buy Gold Coin packages, Stake.us makes it easy for payment.

Redemptions are also easy, taking only a few minutes, making Stake.us one of the fastest-paying sweepstakes casinos.

Keep reading to find out more about what payment methods you can use along with how to purchase and redeem.

Stake.us Payment Methods

Stake.us only accepts cryptocurrency for purchases and redemptions. You can choose from 20 popular options, such as Bitcoin, Ethereum, Litecoin, Dogecoin, and Ripple.

The advantage of using only cryptocurrency is that all transactions are nearly instant, making Stake.us one of the top sweepstakes casinos in the industry.

Purchase Methods

  • Bitcoin
  • Ethereum
  • Litecoin
  • USD Tether
  • Dogecoin
  • Bitcoin Cash
  • Ripple
  • EOS
  • Tron
  • Binance Coin
  • USD Coin
  • Apecoin
  • Binance USD
  • Cronos
  • DAI
  • Chainlink
  • Sandbox
  • Shiba Inu
  • Uniswap
  • Polygon

Redemption Methods

You are able to use the same cryptocurrencies to redeem as you did to purchase coin packages at Stake.us.

This includes Bitcoin, Ethereum, Litecoin, Dogecoin, and much more. Having so many redemption methods makes it a convenient process.

How to Add Money to Stake.us

Purchasing Gold Coin offers at Stake.us is easy. Simply follow these steps:

  1. Click on “Wallet" at the top of your home screen.
  2. Press “Buy Gold Coins."
  3. Select the Gold Coin offer you wish to purchade.
  4. Choose “Crypto" as the purchase option.
  5. Click “Proceed to Payment."
  6. Decide which cryptocurrency you want to use.
  7. Copy your Stake.us crypto address or scan the QR code.
  8. Open your cryptocurrency wallet and paste the code to send the payment.

Once you submit your payment, return to Stake.us. Your purchase should appear in your account within a few minutes.

If you do not have a cryptocurrency wallet, you must create one by following these instructions:

  1. Pick a cryptocurrency exchange platform to sign up with.
  2. Create a new account by entering your personal information, including the last four digits of your Social Security Number.
  3. Many platforms require that you verify your identity using the “Know Your Customer (KYC)" process.
  4. This includes uploading your government-issued ID (ex. driver’s license) and sometimes additional documents.
  5. Once you’ve created your account, buy enough cryptocurrency for your desired Stake.us purchase.

How Long Does Stake.us Take to Verify Bank Account

Stake.us only accepts cryptocurrency, meaning you don’t need to wait to get your bank account verified.

Instead, you just need to verify your identity when you sign up for Stake.us by uploading a government-issued ID.

This is a simple process that you can be completed in a short timeframe.

Does Stake.us Accept Cash App

Stake.us does not accept Cash App. While Cash App does have a crypto wallet feature, you are unable to use that at Stake.us.

Stake.us Instant Bank Transfer

Stake.us currently does not offer instant bank transfers as a payment method. However, it has “bank wire" listed but disabled under redemption methods, which means it might add this type of payment in the near future.

Stake.us Cash Out Rules

Before you can redeem Stake Cash, you must meet specific rules:

  • Verify your identity.
  • All Stake Cash must be played at least 3x.
  • Meet the minimum redemption requirement.
  • Only one redemption per day is allowed.
  • The maximum redemption in Florida is $5,000.
  • Redemptions are subject to fees.
  • You are responsible for providing the correct crypto wallet.
  • Certain redemptions may require additional verification.

I recommend reading the Terms of Service to get any additional information. This is found at the bottom of your homepage.

How to Cash Out on Stake.us

Before you can redeem Stake Cash for cash prizes, you must meet the minimum redemption requirement and ensure you’ve played all Stake Cash at least 3x.

Once you meet this criteria, you can redeem by following these steps:

  1. Press “Wallet" at the top of your screen.
  2. Select “Redeem."
  3. Click “Crypto."
  4. Choose the redemption amount. The site will let you know how much you can redeem.
  5. Pick your preferred cryptocurrency.
  6. Input your crypto wallet address.
  7. Click “Redeem" to complete your request.

Once you’ve submitted your request, depending on your cryptocurrency, your redemption will take anywhere from a few minutes to up to an hour.

Stake.us Minimum Withdrawal

The minimum redemption at Stake.us varies depending on the crypto you choose and its current price.

For example, the minimum redemption for Bitcoin is currently 51 SC, while when it was trading much lower last year, it was around 75 SC.

Meanwhile, if you wish to redeem with Ethereum, the minimum is about 45 SC at this time.

That said, the average redemption minimums for popular cryptocurrencies are as follows:

  • Bitcoin: About 50 SC, up to 70 SC.
  • Ethereum: About 45 SC, up to 60 SC.
  • Litecoin: About 50 SC, up to 70 SC.
  • Dogecoin: About 40 SC, up to 60 SC.

Note that a transaction fee is added to your redemption. This also varies by cryptocurrency, with some coins, like Litecoin, being as low as 0.01 SC, while others, like Tether are at about 5 SC.

Stake.us Withdrawal Time

The advantage of using cryptocurrency is that it is among the fastest redemption methods.

Once you submit your request, redemptions are nearly instant. Depending on the currency, it could be one minute or up to an hour.

Stake.us Payout Options

Currently, Stake.us offers only cryptocurrency for redemptions. It also has an online bank wire listed under redemption, but it is disabled. That could mean that the method could be accepted in the future.

Furthermore, Stake.us’s Terms and Service list gift cards and merchandise as redemption methods, but they do not specify how to redeem with either, nor are these available when you proceed to redeem.

In other words, plan to receive payouts with cryptocurrency at Stake.us.

Stake.us Redemption Progress

To check your redemption progress, go to “Wallet," and you will see a bar that indicates your status.

However, the bar is not always available, so the only way to check if you have met the wagering requirements is to try redeeming your Stake Cash.

You will see your balance and the system will let you know if you have enough SC to redeem.

You can also check your redemption history and any pending claims by going to your user account settings, clicking “Transactions," and then “Redemptions."

Making sweepstakes casinos purchases and redemptions is an easy process, and Stake.us continues that trend here.

Author

Chav Vasilev

After covering various topics, Chav found his calling with iGaming and has covered the industry since 2022. Chav holds a Bachelor of Business Administration degree from Florida International University, and before writing, he spent over a decade managing fast-casual restaurant chains. When not writing, you will find him trying his luck on slots or watching and betting on soccer.

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