21 January, 2024 (updated 26 January, 2024)
14 minutes to read

Stake Deposit and Withdrawal Methods

Stake Casino is a famous betting and gambling website that operates worldwide. It has a convenient VIP program, generous bonuses, and a convenient platform. Also, every new punter can claim a welcome offer and, what is more interesting, make crypto deposits. The latter option is the topic of this article, where our editorial team will lay out all the materials they retrieved about this brand.

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Short Review of the Stake Brand

Short Review of the Stake Brand

The Stake platform is one of the best platforms for online sports betting because you can access it from any device connected to the Internet. There is no need to wait. You can pass a swift registration procedure and make a deposit without any verification process.

It is a legit brand that operates under an international Curacao license. It offers tons of events, including the top-wanted ones, great odds, and many markets for sports betting. Besides, it is one of the crypto portals available in Kenya. So, if you are interested in knowing more about it, read our review about the Stake betting platform, where we tell everything we know about this brand in detail.

Stake Funding Methods

You can be surprised with the deposit options available on the platform. Mostly, the platform works with cryptocurrencies. However, if you do not have it and have no idea where you can purchase it, Stake offers you to buy it right on the website.

Unfortunately, Stake does not accept Kenyan Shillings. However, you can choose which currency is suitable for you in the wallet settings to exchange it for crypto. Therefore, you should consider the exchange rate.

Stake Deposit Methods Table

To provide you with better-structured information, we offer you the chance to observe our table below. You will see all the necessary parameters, including methods and limits.

Payment MethodDeposit limitsCommissionsTransaction Time
Bitcoin (BTC)0,000000010instant
Ethereum (ETH)0,000000010instant
Litecoin (LTC)0,000000010instant
Dogecoin (DOGE)0,000000010instant
Bitcoin Cash (BCH)0,000000010instant

Step-by-Step Guide on Funding Stake Account

Step-by-Step Guide on Funding Stake Account

Punters can be confused when trying to make their first payment. That is why we can offer our assistance and tell you that it is possible to fund your betting balance via two available options: desktop website and application.

Deposit on the Website

The website is the place where the majority of players prefer to make their transactions. It is convenient and fast. To help you do it without any problems, read our sufficient instructions further in the text.

Guide on Funding Stake Account
On the Website
Enter Paripesa Account
Visit the Paripesa website, use your password, and log in to enter your account. Click on the wallet to see the options.
Select a Method
Select the method and indicate your details. Insert the amount you need to withdraw.
Receive Your Money
Launch the operation and wait for the money to arrive. It can take up to 15 minutes.

Deposit via an App

The second popular option is to make a deposit via a Paripesa app. The process is similar to the desktop version funding. However, we decided to make another set of instructions for our readers who prefer to skip unnecessary parts. Observe them below.

Step #1: Use Your Device

Take your smartphone or another device and tap on the app icon to launch it. Then, go to your wallet and see what options you have.

Step #2: Choose the Option

Choose your variant. Provide the necessary information and proceed.

Step #3: Accomplish the Process

Indicate the sum of your deposit and accomplish the process by confirming it. The money will enter your balance almost instantly.

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Stake Withdrawal Methods

Once you earn enough rewards, it is time to receive them and enjoy your money. The Stake platform offers the same withdrawal options as you observed while depositing. Basically, the line of options consists of different cryptocurrencies. You can pick any of them and start the withdrawal process.

Detailed Withdrawal Guide

Stake Detailed Withdrawal Guide

To help you, we will provide a list of instructions where you can read how to receive a payout without any trouble. There are also two options you can use to obtain your funds. We will explain every process separately for your convenience.

Withdrawal From the Website

If you choose to receive your money via the website, it is possible to do everything by visiting your online wallet in a couple of taps. Read the guide below and repeat the steps we described.

Detailed Stake Withdrawal Guide
On the Website
Enter Paripesa Account
Visit the Paripesa website, use your password, and log in to enter your account. Click on the wallet to see the options.
Select a Method
Select the method and indicate your details. Insert the amount you need to withdraw.
Receive Your Money
Launch the operation and wait for the money to arrive. It can take up to 15 minutes.

Funds Withdrawal in the App

A withdrawal can be done via an app. It takes less than a minute because you provide minimum data.  

Step #1: Take Your Device

Tap on the app icon and enter your account. It is possible via a fingerprint if you have this setting activated. Go to your wallet.

Step #2: Select Your Option

Observe the set of methods and pick the one you like. Indicate the information and the amount.

Step #3: Accomplish the Transfer

Confirm your transfer and wait for the money. Now, you can enjoy the winnings.

What to Do If Something Goes Wrong

Sometimes, punters cannot log in, withdraw their funds, or even make a deposit. But do not be alarmed. In most cases, the majority of problems can be solved without the help of support. We will show you some of the most common situations that can occur while you are making financial operations:

  1. Wrong data input. Typing your password in a hurry can cause difficulties. An unnoticed slip of the fingers can become a problem when you are trying to enter your account or launch a transfer providing your information. When it happens, take a deep breath and see if you made a mistake. Then, recheck your data and proceed.
  2. Poor Internet. Another common case is about the quality of your connection. It can be unstable and poor. Before you begin your wagering session or try to fund your account and do other financial operations, see if your Internet is okay and bills are paid.
  3. Technical bug or an error. And there can be maintenance from time to time. Players cannot be stopped from their favorite thing for long. That is why eminent brands try to do everything quickly, for instance, updating the platform, fixing some bugs, etc. You need to wait if you notice that the website is not functioning. Normally, a bookmaker places a notice notifying its users to be prepared that the platform is on maintenance during the stated time.

The list can include other significant errors. However, you get the main thought. Some problems can be solved via support only. Before you begin, follow our recommendations to make sure the error cannot be fixed from your side. Then, contact support, which is always available and ready to provide assistance and give you clear instructions.

Funding Limits and Commissions 

Every bookmaker has a set of rules and requirements that include such criteria as time processing and transfer limits. The stake is not an exception. It states some limitations of money operations to prevent any money laundering and control the financial flows to avoid any risks of losing its license.

Minimum and Maximum Deposit and Withdrawal Amounts

The money limits here are very extended due to cryptocurrency. The minimum amount you can deposit starts from 0,00000001 in any offered cryptocurrency. The maximum sum is not established. The same is true for withdrawal transactions.

Processing Time

Since Stake works mainly with cryptocurrencies, the processing time here is extremely swift. In the blink of an eye, you can make deposits and withdrawals. There can be other technical problems, but it is a super rare case. Punters like to use cryptocurrencies mainly because of the transfer speed and the opportunity to provide less of their personal payment details.

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Conclusion

Stake Conclusion

In conclusion, we can say that Stake is a very innovative betting and gambling platform. Since it does not accept local Kenyan currency, it cannot be suitable for every punter. However, such a payment method has its pluses. All the transfers are anonymous and very fast.

Based on the thorough examination of this brand, we can tell you that it is accessible in Kenya but is not suitable for players who prefer to use local Kenyan Shillings without spending funds to pay exchange commissions and register crypto wallets.

FAQ

How do I deposit money into a Stake casino?
Stake offers the most progressive payment methods.
How long do Stake withdrawals take?
It is super fast. Any transfer you make on Stake takes less than a minute.
How much is Stake cash worth?
For now, the exchange price is 0.0857 USD (~ 13 Kes).
How do I deposit money into my Stake account?
To make a deposit, you must register on the platform.
Can you use a debit card on Stake?
Players can use a debit card to buy crypto and fund their wallets.
Rating

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