Stake Deposits & Withdrawals Guide — All You Need to Know

Available Stake deposit & withdrawal methods

Stake positions itself as a crypto casino and online poker room, and this logically means that, unlike traditional operators, there are no bank cards or e-wallets. The platform works exclusively with cryptocurrencies. This may complicate the process of depositing and withdrawing funds for beginners, but it provides anonymity for experienced users.

How to deposit to the Stake account: step-by-step 

The process of depositing funds to Stake is quite straightforward, but there are some pitfalls. We at Worldpokerdeals have checked the entire process and can share some useful tips.

Deposit instructions:

1. Log in to your account and click "Wallet" in the top menu.
2. Find the green "Deposit" button to the right of your balance.
3. Select a cryptocurrency from the available list.
   
   
4. Copy the wallet address or scan the QR code.
5. Be sure to double check the address - an error will result in the loss of funds.
6. Send cryptocurrency from your wallet or exchange.
7. Wait for network confirmation (usually 1-15 minutes).

*Please note that some cryptocurrencies may not be available, either for technical or legal reasons.

Important note: Stake.com does not compensate funds sent to the wrong address. We have seen cases where players lost significant amounts due to carelessness.

Minimum deposit amounts may change without notice. At the time of writing this guide, they range from $5 to $20 (BTC).

How to withdraw funds from Stake

Short instructions for our users for a hassle-free withdrawal. Step-by-step instructions for withdrawal:

1. Go to the "Wallet" section and click "Withdraw" next to the desired cryptocurrency.
2. Indicate the recipient's wallet address (Stake does not save addresses, you will have to enter them each time).
   
   
3. Enter the withdrawal amount (the system will automatically deduct the network commission).
4. Confirm the transaction via email (the letter arrives within a few minutes).
5. Wait for the application to be processed by the administration.

Important information: the first withdrawal may be delayed for 24-72 hours for additional checks. The system does not warn about this in advance, which often upsets beginners.

Stake withdrawal policy

Stake withdrawal rules are quite strict and, unfortunately, not always transparent. The platform reserves the right to delay transactions without explanation, however, like any other crypto platform.

Basic requirements:

• Wagering the deposit at least once (wager requirement).
• Withdrawal only to those addresses from which deposits were made.
• Mandatory verification for amounts over $10,000.

Stake reserves the right to request additional verification at any time, while specific criteria are not disclosed, which introduces an element of uncertainty.

Another rule of the platform is that you can only withdraw the cryptocurrency with which you made a deposit, for example, you made a deposit in BTC, but want to withdraw to USDT (TRC20) - in this case, you will have to make a deposit in USDT.

Withdrawal problems: why did my cash out fail?

Although problems with withdrawing funds on Stake are uncommon, they do happen. There may be different reasons, but we have identified the main ones:

• Technical network failures: high load on the blockchain can lead to transactions hanging. Stake does not always promptly resolve such issues.
• Insufficient fee: the platform sometimes sets too low a commission, which causes the transaction to go through the network more slowly.
• AML checks: automatic systems can block the withdrawal if there is a suspicion of money laundering. The trigger criteria are not disclosed.
• Violation of the rules: special nuances of the game with bonuses, multi-accounting or other violations can lead to the blocking of funds.
• Incorrect address: errors in the wallet address lead to irrevocable loss of funds. Stake is not responsible for such cases.

If the withdrawal is frozen, contact technical support with the transaction number. The answer to solve the problem, as a rule, comes within 24 hours.

Limits, fees and withdrawal time

Limits and fees on the Stake Casino and poker room may change without notice. Up-to-date information is not always available on the official site; below we provide up-to-date data at the time of writing.

Hidden costs:

Network fees can be 10-20% of the withdrawal amount for ultra-small transactions (up to $15). This is especially true for Bitcoin and Ethereum during periods of high load.

How long does a Stake withdrawal take?

Processing takes from fifteen minutes to two hours in most cases. The first withdrawal or large amounts can be delayed up to 24 - this is essentially a standard procedure to check the legality of the withdrawal, to avoid money laundering, problems with the law, etc.

Peak load and delays occur on weekends (for unknown reasons), which can be up to 48 hours. But in our observations, this happens in rare cases (adding a provider or tournament).

How to verify a Stake account

The platform may require verification documents at the most inopportune moment.

Level 1 - Basic verification:

• Email confirmation upon registration
• Two-factor authentication (recommended)
• Limit up to $2000 per day

Level 2 - Extended verification:

• ID document (passport, driver's license)
• Selfie with document
• Proof of address (not older than three months)

Level 3 - Full verification:

• Additional documents upon request
• Explanation of sources of income
• Video call with a Stake representative (extremely rare)

Problematic aspects of the process:

Technical support may reject documents without explanation. We have noticed that the quality of the photo must be perfect - any shadows or glare will lead to a refusal.

Verification time is 24-72 hours, but can last up to a week. During this period, withdrawal of funds is completely blocked.

We remind you that documents for verification of level 3 - cannot be provided in Cyrillic or another language, only in English or notarized.

Our opinion on Stake's payment options

We tested Stake's deposit and withdrawal system and here's our verdict.

Stake is suitable for almost any player pool: if you act correctly and follow the instructions, you will get fast service and guaranteed deposits/withdrawals. And if you are a complete beginner, we hope our guide will help you understand the basic steps and avoid typical mistakes.

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