Since betting and gambling require money in the account, the deposit issue worries many users. When you cannot top up your account in a convenient way, it can be very annoying. But don’t fret – we’re here to discuss the specifics of a deposit on the Stake platform to help you.
What is Stake overall? Does it fulfill the needs of its customers? You can read more detailed information about the bookmaker in our Stake betting review.
How to Deposit Money Into Stake
The easiest way to top up your balance is if you already have a cryptocurrency account. However, if this is not the case, don’t be discouraged. The platform offers an alternative method for users who previously did not have this means of payment. But after all, it’s the chance for you to try something new, right?
On the Website
The platform only works with cryptocurrencies such as Bitcoin, Ethereum, Litecoin, etc. And, being a master of crypto, you can top up your balance in two ways.
Direct Transfer
You can use this method if you already have a cryptocurrency wallet.
How to Deposit Money Into Stake
Step 1
It is crucial to ensure that you are using one of the networks supported by Stake. You can check this information in the “Deposit” tab beside your deposit address.
MoonPay
If you don’t currently have cryptocurrency and want to make a deposit using regular money, then use the instructions on buying cryptocurrency with credit directly to your Stake account.
- Open your balance on the website and click Buy cryptocurrency.
- The system will redirect you to the MoonPay service. Select the currency you need and indicate the desired amount.
- Provide the requested information and complete the transaction.
How to Deposit on Stake With VPN?
The top-up procedure remains the same if you use the platform via a VPN. However, remember that there may be problems with accessing some cryptocurrency networks in this case. Ensure that the VPN doesn’t interfere with using all necessary resources.
Stake Payment Methods in Kenya
The platform uses many cryptocurrencies, so it is impossible to talk about each one. Let’s look at the most popular options.
and get your hands on those sweet winnings!
Bitcoin
This decentralized digital currency is a virtual asset for making online payments, investments, and storing savings. This is one of the first cryptocurrencies, so it’s not surprising that it’s the most famous and popular today.
Ethereum
Ethereum is a global computer running on blockchain technology. It consists of many ordinary computers from all over the world connected to one extensive network. At the same time, no single company or organization owns the entire network. It’s controlled collectively by the participants themselves according to specific mathematical rules. The currency that is used on the Ethereum network to pay fees and incentivize participants is called Ether (abbreviated ETH). Without this currency, the network won’t be able to operate.
Litecoin
It is one of the oldest and most respected cryptocurrencies in the world – you may already know that. Or at least you heard about it. The coin appeared back in 2011. Litecoin is a peer-to-peer virtual currency allowing you to make instant payments anywhere in the world with near-zero fees. The project positions itself as an addition to BTC for use in commerce. This includes faster transaction confirmation and higher storage efficiency.
Dogecoin
Although Dogecoin started as a meme (this post-modern world, huh?), it has quickly grown into a massive and active cryptocurrency community. The Dogecoin network is a peer-to-peer payment network of thousands of computers called nodes. Each of these nodes runs on specialized software.
Terms and Conditions for Account Top-Up
The deposit, like other aspects of the platform, is subject to specific rules. Please read them before using the service.
and get your hands on those sweet winnings!
Deposit Limits in Stake
Stake.com has no minimum or maximum deposit limits for any cryptocurrency. At the same time, there are no maximum limits (great news for rich and lucky punters!), making it possible to top up your balance with the amount you can afford to spend. If you are going to deposit a large amount, please first ensure that this is the amount you are willing to spend on gambling. If you’re not Bezos 2.0, your money is not like air (being everywhere), so make sure you play responsibly.
Minimum Deposit Stake
You can add any amount to your balance if it covers the transfer fees your wallet charges.
Deposit Fees
Stake charges no top-up fees. All such fees are charged by the sender, which is your wallet/exchanger. You can check the fees with the platform you use.
Terms of Account Replenishment
Cryptocurrency transfers are credited instantly. Sometimes, the waiting period increases to several minutes, but this payment type is the fastest.
Verification Before Depositing
The platform doesn’t require mandatory identity verification before making a deposit. You can top up your account and place bets without additional checks. However, keep in mind that you can withdraw funds only after verification.