Stake Payment Methods

Stake is a great choice for Nigerian players with a passion for gambling and sports betting. The site works exclusively with cryptocurrencies: BNB, TRX, EOS, BTC, XRP, XRP, BCH, DOGE, ETH, USDT, LTC. This guarantees fast processing and the anonymity of financial transactions. Read more about Stake deposit methods, deposit and withdrawal features.

Table of Content

Stake Deposit: Methods, Limits, Bonus

Stake Deposit Methods overview in Nigeria

Stake is one of the most trusted crypto portals on the West African market. It does not offer traditional payment methods: Visa/Mastercard, Verve, Paga, OPay, Flutterwave. Financial transactions are only done in digital currency.

If a player does not have a cryptocurrency wallet, they can purchase tokens with fiat money through Moonpay. This is a safe and simple solution for converting traditional funds into DOGE, BTC, TRX and other virtual coins. Familiar tools can be used to complete the transaction:

  • Mobile Payments
  • Bank cards
  • E-wallets.

Simply select one of the cryptocurrencies on the list and follow the on-screen recommendations to complete your purchase. You can customise the display of the account in fiat currency if you wish. Nigerian Naira (NGN) is not available in the options, but USD, EUR, CAD, PHP, PEN, CNY, VND, PLN, MXN, TRY are offered as alternatives.

If you want to see the balance in USD, then:

  1. Tap the cryptocurrency icon in the site’s header;
  2. Go to the Wallet Setting section;
  3. Move the slider next to “Display crypto in fiat”;
  4. Tick the box next to USD.

How to Deposit on Stake in Nigeria

How to Deposit on Stake Nigeria instruction

The algorithm of actions depends on whether you have a cryptocurrency wallet. If you do not own digital assets, buy them using the Moonpay service. Next, we’ll look at instructions for both situations.

Deposit via Cryptocurrency Wallet

Stake Nigeria Deposit via Cryptocurrency Wallet

With cryptocurrency, it is literally possible to top up your account in a few clicks:

  1. Token selection. USDT, TRX, BTC, BCH, ETH, EOS, DOGE, LTC, and XRP are supported on Stake. Go to the “Wallet” section and open the “Deposit” section to select a cryptocurrency.
  2. Scan the QR code or copy the address. The wallet address will be displayed on the screen as a QR code and text. For security, copy the latter or scan the QR code.
  3. Implementation of the transfer. Go to a cryptocurrency wallet or exchange, insert the address, specify the amount and confirm the transaction. Processing time is 1-30 minutes and depends on the selected token standard on the blockchain (ERC20, TRC20, BEP20).

Buy Cryptocurrencies via Moonpay

Stake Nigeria Buy Cryptocurrencies via Moonpay

If you don’t have digital assets, buy them directly through Moonpay. It supports payments through PayPal, Paga, Visa, Mastercard and other traditional financial providers:

  1. Start the purchase process. Go to the checkout menu and activate “Buy Crypto”.
  2. Cryptocurrency selection. Find the desired token in the list, specify the deposit amount, and the system will show the equivalent in the selected currency (USD).
  3. Buy with Moonpay. Click “Buy with Moonpay” and go to the Moonpay website to complete your purchase. Enter your card details and confirm the transaction.

Stake Deposit Methods

Stake Nigeria Deposit Methods information

For most services, there are no restrictions on the minimum and maximum top-up amounts. Transaction fees are much lower compared to websites that work with traditional currencies.

CryptocurrencyMin. depositMax. depositCommission
LitecoinNo restrictionsNo restrictions0.0005 LTC
RippleNo restrictionsNo restrictions0.0001 XRP
Ethereum0.001 ETHNo restrictions0.0002 ETH
BitcoinNo restrictionsNo restrictions0.00005 BTC
EOSNo restrictionsNo restrictions0.1 EOS
TronNo restrictionsNo restrictions1 TRX

Deposit Bonus

Stake Nigeria platform Deposit Bonus review

At the moment, there are no promotions with bonuses on the initial deposit. But Stake has many favourable offers in its assets: leaderboards with cash awards and early payouts of winnings on bets in baseball, football, basketball and other popular sports.

Stake Withdrawal Nigeria: Methods, Time, Limits, Requirements

Stake Withdrawal Nigeria Methods information

Withdrawal requests are processed for no longer than 24 hours. But in most cases, transactions are executed within 1.5 hours.

Withdrawal Methods for Stake

Withdrawal Methods for Stake Nigeria platform

The same tools are available for Stake withdrawal as for deposits. Applications are accepted for transactions in XRP, BCH, BTC, BNB, TRX, USDT, LTC, EOS, DOGE, and ETH.

How to Withdraw Money from Stake Nigeria

How to Withdraw Money from Stake Nigeria gambling platform

Before submitting a cashout request, you need to be verified. Open the “Settings” section and switch to the “Verify” tab. Upload the necessary documents to confirm your identity and residential address. After that, you can proceed with the withdrawal of funds:

  1. Wallet Access. Go to “Wallet” where the available funds are displayed.
  2. Cashout initiation. Click “Withdraw” to open the payment form.
  3. Select a cryptocurrency. Specify the tokens you want to withdraw, and make sure you have enough money in your account to complete the transaction.
  4. Enter the wallet address. Enter the address of your cryptocurrency wallet or exchange account. Double-check the correctness of the entered information.
  5. Complete the procedure. Determine the cacheout amount and confirm the transaction.

Withdrawal Time, Limits, and Commissions

Withdrawal Time information Stake Nigeria

Check the Stake withdrawal limit before requesting funds.

CryptocurrencyMin. outputCommission 
EOS4 EOS0.1 EOS
Ethereum0.06 ETH0.0002 ETH
Litecoin0.25 LTC0.0005 LTC
Ripple50 XRP0.0001 XRP
Bitcoin0.002 BTC0.00007 BTC
Tron750 TRX1 TRX

FAQ

How do you secure transactions on Stake?

It is recommended to enable two-factor authentication and always verify wallet addresses before making transactions.

Can I fund my Stake account without a cryptocurrency wallet?

Yes, purchase cryptocurrency through the inbuilt Moonpay service on Stake’s website.

What are the deposit fees on Stake?

Stake does not charge a fee, but it is mandated by the blockchain network.

Are there withdrawal limits?

Minimum withdrawal limits depend on the selected cryptocurrency, details are contained in the “Wallet” section.

How do I verify my account to withdraw funds?

Upload proof of identity and address through the “Verify” section in your profile settings.