Stake.us Payment Methods

Milena Petrovska
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Milena Petrovska
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Updated: February 11th 2024
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Stake.us is the first crypto-friendly sweepstakes, allowing players to purchase GCs packages with various cryptocurrencies. Purchasing is easy – you can do it in a few simple steps. Real prize redemption is also available, and players have three options. You can request a crypto redemption, get gift cards, or ask for merchandise.

Let us show you everything you need to know about the payment methods at Stake.us.

Stake.us Payment Methods

You can buy GC packages that come with free Stake Cash with dozens of different crypto and altcoins. Players should know that cryptocurrencies are the only form of payment method available. Therefore, if you don’t own any, you should first open a crypto wallet and load it.

Redemption-wise, you can use the same crypto options, but there are two more alternatives. Let’s go into details.

Purchase Methods

As this is a sweepstakes casino, you can only make purchases to buy GC packages.

These are some of the top options:

  • Bitcoin (BTC)

  • Ethereum (ETH)

  • Litecoin (LTC)

  • Dogecoin (DOGE)

  • Bitcoin Cash (BCH)

  • Ripple (XRP)

  • Tron (TRX)

  • EOS (EOS)

  • Tether (USDT)

  • Binance Coin (BNB)

  • USD Coin (USDC)

There is not much to explain about these, and there are more options available on Stake.us . Completing a purchase works just like transferring any cryptocurrency, either by pasting the casino’s wallet address or by scanning a QR code.

Redemption Methods

You can redeem your free sweeps cash for real money prizes in three ways, none of them being a cash prize. Let’s learn more about each one below.

Cryptocurrencies

You can use the same crypto address that you’ve used for purchasing. Let’s say you bought the cheapest package worth $20, which gives you 200,000 GCs and 20.2 SC through LTC.

In this case, you’ll be able to redeem your prize at the same LTC address.

Gift Cards

Redeeming SC for gift cards is also an option, and you’ll receive them on the email address you’ve used for registering. Don’t forget to check your Spam/Junk mailbox and ensure to use the gift cards within 60 days.

Merchandise

If you request merchandise, the operator will send you the goods to your address. This address is the same one you’ve used for identification, and it cannot be changed.

How to Add Money to Stake.us

As this is a sweepstakes casino, the main two ways to earn free sweeps coins are to claim sweepstakes casino no deposit bonus and purchase the bundles that give you GCs and free sweepstakes coins.

Here is what it takes to make your first purchase:

  1. Click the register button.

  2. Enter your email and create your username and password.

  3. Enter your state and DOB.

  4. Click to Continue.

Alternatively, you can sign in with Facebook, Google, or a Twitch account.

You now have to verify your identity. This process happens in real time, so you won’t have to wait for longer than a few minutes. Update the required documents and wait to get verified.

  1. Then, click on the Wallet.

  2. Tap on one of the available purchase bundles.

  3. Select the cryptocurrency you want to use.

  4. Copy the address and paste it into your Wallet or scan the QR.

  5. Confirm the transaction.

  6. You should receive your GCs and SC within moments.

Keep in mind that the maximum you can purchase per transaction is $300 – the biggest bundle. You can spend a maximum of $9,000 on purchases per day.

Does Stake.us Accept Cash App

No, you cannot use the Cash App at Stake.us. The only way to purchase coins is through crypto.

Stake.us Instant Bank Transfer

No, Stake.us is a crypto-exclusive site, so there’s no option for a bank or wire transfer.

How Long Does Stake.us Take to Verify Bank Account

Given that you cannot use debit/credit cards or bank transfers to purchase coins or redeem prizes, the casino doesn’t need to verify your bank account.

However, you must go through the identification process before purchasing or redeeming anything.

You can do that by:

  1. Click on the Verify button.

  2. Choose which device you’ll use for the verification.

  3. First, you’ll have to take a photo of your ID, passport, driver’s license, or residence permit.

  4. Next, take a selfie.

  5. The verification process is automated, and it will compare both images.

  6. If the uploads are of the required quality, you’ll be verified within a minute.

Stake.us Cash Out Rules

There are a few main rules you should know before you cash out your prizes at Stake.us:

  • The minimum redemption limit varies between 35 and 45 Sweeps Cash, depending on the cryptocurrency you choose.

  • 1 SC equals $1.

  • SC received through the Stake.us no-deposit bonus have 1x playthrough requirements.

  • SC received through purchase bundles have 3x wagering requirements.

  • You will have to pay a fee that depends on the network’s congestion level.

  • Florida players can only redeem a maximum of $5,000.

How to Cash Out on Stake.us

To redeem your SC for real cash prizes, you need to make sure you meet all the cashout rules I previously mentioned. If that’s done, you can request a crypto redemption by following this step-to-step guide:

  1. Use your credentials to log in.

  2. Click on the Wallet icon.

  3. Tap on the Redeem button.

  4. If you’ve cleared the wagering requirements, you’ll be able to proceed.

  5. Pick a crypto option.

  6. Select the amount you want to redeem, meeting the minimum redemption limit.

  7. Paste your wallet address and make sure it’s the right cryptocurrency.

  8. Confirm the transaction.

Stake.us Minimum Withdrawal

The minimum redemption limit varies as crypto is volatile. However, it is within the limits of $35 to $45, which is lower than most sweepstakes with $100 minimum limits.

Stake.us Withdrawal Time

Once you send your request, the Stake.us team will have to review it. This process may take up to 24 hours. In my experience, it doesn’t take more than 15 minutes, but you shouldn’t be worried if it takes longer.

After all, this is a manual check-up, and it can get busy.

You should know that even if you send more redemption requests, the team will only review one request a day. Once approved, crypto transactions are usually pretty fast, arriving within a few minutes.

On the other hand, if you opted for a gift card via Prizeout, you could expect to receive it in your mail within 24 to 48 hours.

How Does Stake.us Payout

You’ve got three options to get real money prizes at the Stake.us Casino:

  • Cryptocurrencies: Receive your winnings directly to your crypto address, usually within 15 minutes.

  • Gift Cards: Pick one of the many Prizeout gift cards and receive it at your email address within 24-48 hours.

  • Merchandise: Ask, and you shall receive the goods at the address used when registering the account.

Stake.us Redemption in Progress

When you access your Wallet and navigate to the Redeem tab, you’ll be able to see your redemption progress.

If you’ve purchased GCs and received Stake Cash, you have to play it through at least 3 times. Keep in mind that if you purchase more bundles, you’ll have to clear all wagering requirements to become eligible for redemption.

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Milena Petrovska

Milena is an experienced iGaming professional who this industry has amazed for nearly a decade. With a BA in English Language and Literature, an MA in Management, and nine years of experience, Milena has dedicated her skills and knowledge to educating online gambling enthusiasts. She aims to provide accurate and honest information while promoting Responsible Gambling along the way. She loves online slots equipped with unique mechanics and features. Milena even published an Amazon eBook about the biggest iGaming innovations that have reshaped the industry. She's passionate about this fast-paced industry and excited to see what future products will look like. Milena always reads the latest news, regulatory changes, and trends that affect online casinos in the United States. She prides herself on her insights about other key markets like Europe, Canada, and the United Kingdom. She leaves the online world in her free time and relaxes with scratch cards, crime novels, and board games.

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