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Hello! The stake can accept deposits and withdrawals through the bank.


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Posted
  • Hello! Stake may have the option to accept cash deposits and withdrawals. There are many people who still don't know how to use cryptocurrencies and don't play for it, so the casino may have the option to make deposits and bank withdrawals.
  • For example: Could have the option to transfer the cryptocurrencies to the bank, which would be converted into money from that country, and also the deposit option. For example: A player has 1 Litecoin and wants to withdraw to his bank account, so the stake will convert this Litecoin into the money the bank accepts; if the bank accepts the dollar, the stake will transfer the value of this cryptocurrency in dollars to the player's bank account. There are also digital wallets that accept cash, the stake casino would choose the best option to make these transfers.
  • Good luck and good profits!😉
  • 1 month later...
Posted
1 hour ago, Diasilane said:

What do I need to manage my bank account?

  • Hello! You can buy cryptocurrencies here at Casino Stake with your credit card. To do this, click on wallet, then on Buy cryptocurrency and follow the procedures. After everything is in order, your cryptocurrency will be available for you to play and also to make withdrawals. If you already have cryptocurrencies, copy the deposit address and transfer the amount you want to deposit to that address. Then if you want to make a withdrawal just enter the desired address and you will receive your cryptocurrencies.
  • Good luck and good profits!😉
Posted

I believe stake can't just do that .. you need a bank working with you, a bank accepting several money such as EUR $ etc..

Then you need to change your policy etc..

 

Only their on/off ramp partner can add such an option, only thing stake could do is to add stablecoins, then those stablecoins need to be on their partner too to be able to buy/sell them.

 

It's alot of work, and there are alot of issues, it's not as easy as people think 

  • 1 month later...
Posted

Ehm... I'm confused.

Why all of this? I know stake as a crypto gambling platform. I know a lot of other platforms where I can deposit through my bank if I wish, why should Stake adapt to this and not the client to simply choose something adequate for his taste?

Posted

getting "real currency" from player involve a lot of different regulations, especially gambling laws....

and this vary country to country

for an international crypto site like Stake, it's never an option

 

  • 3 weeks later...
Posted

A lot of hoops to be jumped thru there.

Even Binance are unable to manage this, with the exception of very few countries & the client must first of all trade to his/her currency of Bank account.

Unless Stake somehow evolves into a fully fledged massive multi-currency exchange, with legal teams for each currency, this would just be as (or more) difficult to manage as the world leading exchanges are struggling with.

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