Yes, Stake is primarily a cryptocurrency-based online casino and sports betting platform, and it accepts a wide variety of cryptocurrencies for deposits, betting, and withdrawals.
Supported cryptocurrencies at Stake
Stake supports more than 20 individual cryptocurrencies. Some of the most popular and well-known cryptocurrencies accepted include:
- Bitcoin (BTC)
- Ethereum (ETH)
- Tether (USDT)
- Litecoin (LTC)
- Dogecoin (DOGE)
- Bitcoin Cash (BCH)
- XRP
- Solana (SOL)
- Tron (TRX)
- EOS
- Binance Coin (BNB)
- USD Coin (USDC)
- ApeCoin (APE)
- Dai (DAI)
- Chainlink (LINK)
- The Sandbox (SAND)
- Shiba Inu (SHIB)
- Uniswap (UNI)
- Polygon (MATIC)
- Cronos (CRO)
- TrumpCoin (TRUMP)
How crypto works on Stake?
You can read the instructions at the Stake official website. Generally, crypto works:
- Deposits: Initially, they ask you to deposit the crypto to your unique deposit addresses for each supported cryptocurrency. You can also directly deposit crypto directly from your crypto wallet or exchange into your Stake account.
- Buy Crypto: If you don’t have crypto, Stake has partnered with third-party provider, that allows you to buy crypto using traditional payment methods.
- Withdrawals: Cryptos are easy to withdraw, as they are typically processed quickly. More often within minutes to a few hours, also done in the same crypto used for deposits.
- Transaction Duration and Fees: Crypto transactions are generally faster and have lower fees compared to traditional banking methods. Fees depends upon the method you are choosing.
- Privacy and Security: Users don’t need to use their trusted bank details while using crypto.
Can I get paid in cryptocurrency like USDT or BTC?
Yes, you absolutely can get paid in cryptocurrencies like USDT (Tether) and BTC (Bitcoin) as a Stake affiliate. In fact, many websites claim that cryptocurrency is the primary method for affiliate commission payouts at Stake.
Popular cryptocurrency payout options
Stake supports a variety of cryptocurrencies, and you can have choices from popular options such as:
- Bitcoin (BTC)
- Tether (USDT)
- Ethereum (ETH)
- Litecoin (LTC)
- Dogecoin (DOGE)
And potentially others supported by the platform.
Can I promote crypto casinos or betting?
Yes, you can promote crypto casinos and betting. However, it is important to be aware about the complex and varying legal and regulatory thing surrounding both online gambling and cryptocurrencies.
Here are some key considerations:
- Make sure to check the legality in your country or region.
- You need to ensure your promotional efforts only target regions where it is legally permitted and allowed cryptos.
- Some people also use VPN to go beyond the boundaries of restriction in country.
- Check local laws before starting promoting it.
- Also checks the license of the platform, platform that supports and preferred responsible gambling for everyone.
- Avoid any mislead information during promotions.
- Read your affiliate agreement along with terms and conditions of stakes affiliate program.