For those of you who do not know, Stake operate entirely in Crypto, which means that fiat currencies are not accepted for gambling.
The moment you open an account, you will be given a unique Stake digital wallet. This wallet can be used to extract funds but also to transfer money into your private digital wallet.
Now how do you get on to exchanging fiat currencies into crypto? Well, you can either work with Stake’s currency exchange client or go with a third-party platform which best suits your needs.
When it comes down to withdrawing money, Stake distills the process into 4 easy steps:
1. Make sure your account is verified through the email link you were sent.
2. Go to the “Wallet” section and click “Withdraw”.
3. A new window will pop up. Now you must choose a payment option.
4. Dial the desired sum and click “Withdraw” .
With Stake you’ll notice that transaction speeds tend to vary from coin to coin. A Bitcoin transaction might last 3-4 days while a Litecoin one would be done in 40 mins.
That’s why you should always keep in mind the coin you are using and how urgent the transaction is. If it so happens that you transfer Litecoin to a Bitcoin wallet, Stake’s system will register it as faulty and would ask you to correct the address details of your digital wallet.
Apart from safely withdrawing money, Stake allows you to make use of the most popular tokens out there. Coins such as:
To eschew crypto scams such as the notorious Bitconnect, Stake operates with tenths of developers to ensure that all tokens in use are 100% reliable.