Stake.us And Crypto Gambling – Some Key Need To Knows
Before we jump in, let’s get one thing straight here – Stake.us is not your regular, real money casino. It’s a sweepstakes casino instead, which ultimately means that the site’s games are powered entirely by virtual currencies and playable on a no purchase necessary basis.
As such, there’s no actual “crypto betting” at Stake.us, because all games accept GC and SC plays only. Although as mentioned in our intro above, various cryptocurrencies are supported by the site for the purposes of purchasing optional GC packages, or redeeming your eligible SC winnings for crypto prizes, subject to playthrough and minimum redemption rules.
How does all this work? Well, understanding the brand’s way of doing things ultimately just means learning the differences between Stake.us’ Gold Coins and Stake Cash – the two virtual currencies you’ll be using to play here. And said differences are as follows:
| What are they? | How can you collect them? | Can you buy more if you run out? | Can you redeem your winnings for IRL prizes? |
|
|---|---|---|---|---|
| Gold Coins (GC) | A “just for fun” virtual currency that you can use to play games in entertainment only mode. | Via gameplay, free to claim GC bonuses, or optional GC bundle purchases. | Yes – with various cryptocurrencies supported on optional GC purchases. | No. |
| Stake Cash (SC) | A virtual currency that can be played at sweepstakes style games and tournaments. | Via gameplay or free to claim SC bonuses only. | No. SC are not purchasable. | Yes – eligible SC winnings can be redeemed for crypto and cash prizes, subject to T&Cs. |
So, in short then, Stake.us isn’t a crypto casino in conventional terms. But it offers casino-style games in a virtual currency based environment, where you can:
- Play casino-style games for free, with no GC purchase requirement, using GC and SC.
- Use crypto to purchase optional GC bundles – which we’ve found sometimes include free SC bonuses.
- Redeem your eligible SC winnings for real world prizes – with bonus SC considered redeemable once a 3x playthrough requirement and minimum SC redemption rules have been met. We’ve found that there’s no one size fits all minimum; it can range anywhere up to 100 SC depending on which cryptocurrency you select as a prize redemption option.
Now all that’s clear, let’s look at the pros and cons of playing on the site.
Pros And Cons Of Playing Stake.us’ Casino-style Games
Pros
- Two different gaming modes.
- Purchase optional GC bundles using crypto.
- Redeem SC for crypto prizes.
- Superb Vegas-style games.
Cons
- 3x playthrough requirement for SC redemptions
Payment Options Supported At Stake.us Crypto Sweepstakes Casino
Stake.us supports crypto like Bitcoin, Ethereum and Litecoin for optional GC purchases. While we also found that crypto options are available on eligible SC prize redemptions, too.
Which cryptocurrencies are available? Well, the site generally supports:
- Bitcoin (BTC)
- Ethereum (ETH)
- Litecoin (LTC)
- USD Tether (USDT)
- USD Coin (USDC)
- Ripple (XRP)
- And many more
With minor variations likely to apply depending on which of the legal states mentioned in our recent Stake.us guide you’re playing from.
It’s worth noting that Stake.us isn’t crypto only. At the time of writing, it’s possible to make optional GC purchases using popular credit and debit cards via a third party payments service called Breeze on the site, too.
As for crypto, mind, we found that supported and unsupported crypto networks for players in your state are automatically listed on the “Buy Gold Coins” page whenever you’re browsing the brand’s latest GC purchase options.
How do GC buy-ins actually work with the brand? Well, let’s take a look, shall we?
How To Make GC Purchases Using Crypto At Stake.us Sweepstakes Casino
We found that opting into a GC bundle purchase is dead easy with Stake.us – thanks largely to the fact so many different Stake.us cryptocurrencies are supported by the site.
Of course, if you haven’t already got a gamer account with the brand already, you’ll need to start out by setting up one of those, which can be done as follows:
- Click any of our official Stake.us banners on this page.
- Tap “Register”, then enter your details.
- Enter our special promo code GAMEDAY when prompted.
- Click “Continue”, then accept the T&Cs.
- Verify yourself, then sign into your account.
- You’ll automatically qualify for up to 560,000 GC, 56 SC and 5% rakeback over your first 30 days on the site.
Of course, there’s never any GC purchase requirement to play at any of the site’s games. But if you do wish to purchase optional GC at Stake.us’ sweepstakes casino using crypto, you can do so as soon as your account is set up.
How? Well, simply follow these steps to opt into your first GC bundle purchase:
- Click “Wallet” from the main menu.
- Tap “Buy Gold Coins”.
- Select a GC bundle from the next page – these start out at $20 for 200,000 GC.
- Wait for the purchases page to load, then select your preferred cryptocurrency from the drop down box.
- Pick a supported network for that crypto.
- Send the required amount from your crypto wallet to Stake.us’ crypto address – a QR code will be provided on screen to help you with this.
- Wait for the transaction to be logged on the relevant blockchain.
- Once confirmed, you’ll receive your purchased GC immediately.
How To Redeem SC For Crypto Prizes With Stake.us
Next, let’s look at how to go about redeeming your eligible SC winnings for crypto prizes at Stake.us Sweepstakes Casino.
As mentioned earlier, any bonus SC you collect on the site have a 3x playthrough requirement before they’ll be deemed eligible for any redemptions. While minimum SC prize redemption thresholds apply, too - which are likely to vary depending on which cryptocurrency you’d like to redeem into.
Once these terms have been satisfied, we found you can redeem your SC for crypto prizes via these easy steps:
- Sign into your Stake.us account.
- Click “Wallet”, followed by “Redeem”.
- Select a cryptocurrency from the drop down box – in most states, this will need to be a cryptocurrency you have previously used for a GC purchase at some point at least once.
- Select the amount of SC you’d like to redeem.
- Enter your crypto wallet’s destination address.
- Two Factor Authentication (2FA) checks may be required on the next page.
- Finally, click, “Redeem” to submit your request.
In most permitted states, we found you can expect your SC redemption request to be processed in anywhere from one to three business days. However, some users report Stake.us processing theirs in less than 24 hours.
If it’s your first time putting in a request, we found you’ll need to verify your identity with Stake.us by completing the site’s Know Your Customer (KYC) checks as part of the prize redemption process. Said checks simply require you to submit:
- A government issued ID – think driver’s license or passport.
- A “live” selfie matching your photo.
- Proof of address showing you’re located in one of Stake.us’ legal states might also be requested.
Please note that relying on a VPN to use Stake.us from an off limits region is a huge no-no. Potential disqualification is on the cards if you even attempt it.
Use Crypto For Optional GC Purchases And SC Redemptions At Stake.us
As we’ve seen, Stake.us isn’t a crypto casino in the standard sense, because the site doesn’t offer any crypto powered games.
Nevertheless, despite being a virtual currency based-sweepstakes casino instead, the site offers superb crypto support – with several popular cryptocurrencies currently usable for both GC purchases and SC prize redemptions at the time of writing.
Reading up on the rules behind the site’s two virtual currency system is essential if you want to have the absolute best time when playing here. But it’s more than worth the legwork, as Stake.us offers upwards of 2,000 different Vegas-style games, and an amazing bonus good for up to 560,000 GC, 56 SC and 5% rakeback for new players.
Just remember to register via our banner links here, and enter our code GAMEDAY to qualify for your welcome promotions.
