Wondering how the process of redeeming Stake Cash for USD cash prizes works? It’s simpler than you might have thought. But you’ll need to meet several eligibility requirements, which will be revealed in this guide.
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Can you cash out Gold Coins on Stake.us?
A lot of players who are new to this casino often incorrectly believe you can cash out your Gold Coins. This is wrong for two reasons. The first is that this is a sweepstakes casino, so no real money is used, as a result, it is not possible to ‘cash out’ or ‘withdraw’. Instead, you will have the option to redeem real cash prizes. This is where the second reason comes into play, as redeeming cash prizes requires Stake Cash, not Gold Coins.
So, if you’ve been wondering how to redeem Gold Coins on Stake.us, the key thing to remember is that you’ll be using
Stake Cash
for these redemptions, not Gold Coins.
Stake Cash Vs Gold Coins: What are the differences?
The key differences between Stake Cash and Gold Coins are how they are obtained and used. Gold Coins can be purchased directly or obtained for free via bonuses and promotions. However, Stake Cash cannot be purchased directly and must be obtained for free through promotions. Moreover, Gold Coins that you receive from Stake.us are to be used purely for entertainment purposes on any of the casino’s games. On the other hand, Stake Cash must be used on sweepstakes-eligible games but can also be used to redeem real prizes if you satisfy all of the redemption requirements.
Here is a comparison table shortlisting some of the most significant differences:
| Feature | Stake Cash | Gold Coins |
| Purpose | Used for playing sweepstakes games. SC winnings can be used to redeem real prizes. | Used for playing games just for fun. |
| Used for prize redemptions? | Yes, they can be redeemed for cash prizes when the redemption and eligibility requirements are met. | No, Gold Coins cannot be redeemed for prizes. |
| Value | No direct value. However, if all redemptions requirements are met, 1 Stake Cash can be redeemed for 1 USD. | Has no real-world value. |
| How to obtain | Obtained exclusively through promotional offers. | They can be purchased or obtained through free bonuses. |
| Expiry | Expire after 60+ days of account inactivity | Do not expire |
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Pros and cons of Stake Cash to USD cash prize redemptions
- Variety of free SC bonuses
- Low minimum redemption
- Fast processing times
- 3x playthrough requirement
What are the requirements to redeem Stake Cash to USD prizes?
One of the most commonly asked questions is: How do you
withdraw from Stake.us? However, the key thing to remember is that withdrawals are not technically possible. You will be using your Stake Cash winnings to redeem prizes, which can include cash. Here are the steps you’ll need to take before that can be a reality:
To submit prize redemption requests, you must have a fully verified account. This includes submitting proof of your identity and your residential address.
🎲 Playthrough Requirement
All Stake Cash obtained via promotions must be played through at least three times before they are eligible for use in prize redemptions.
You must accumulate a minimum of 45 Stake Cash to become eligible to submit a prize redemption request.
What payment methods are used for cash prize redemptions at Stake.us?
Stake.us is a sweepstakes casino that is primarily powered by cryptocurrency payments. This means that your Stake Cash to USD prize redemptions will be processed via a crypto exchange, with the value of your prize provided in crypto. Some of the accepted cryptocurrencies at Stake.us include Bitcoin, Litecoin, Ethereum, Dogecoin, and various other well-known coins.
If you’re unfamiliar with cryptocurrencies, the casino provides plenty of guides and information to help you get up to speed. It’s easier than you might think. Additionally, these modern payment methods provide a broad range of benefits, such as improved security and faster processing times. When you request your prize redemption, you should expect to receive it within 2 to 3 business days.
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Step-by-step guide to making your first prize redemption
Ready to make your first Stake Cash to USD prize redemption request? Don’t worry, the process is super simple, just follow this step-by-step guide to get started:
- Log in to your account
- Ensure you have met all of the redemption rules and requirements
- Go to your ‘Wallet’
- Click the ‘Redeem’ button
- Enter the number of SC you want to redeem
- Choose your preferred cryptocurrency from the options
- Provide the crypto wallet address you want to use for your prize redemption
- Submit your request and wait for approval
Some key things to remember when completing this process include the fact that cash prizes are redeemed at a 1:1 rate. This means that a 50 SC redemption is equivalent to 50 USD in your chosen cryptocurrency. Additionally, these prize redemption requests can take between 2 to 3 business days to deliver if you are approved.
How to get KYC-verified at Stake.us
Earlier in this guide, I explained how completing the verification process is a strict requirement to submit redemption requests. For this, you will need to submit proof of your identity, which can include any government-issued form of identification, such as a driver’s license, passport, or national ID card. You must also submit proof of your residential address, which can include a recent utility bill, phone bill, or bank statement. This verification process helps to confirm that you meet the minimum age requirements (21+) and that you are playing from a location where the casino is legal.
When you submit copies of these documents, ensure that the full document is clearly visible and that there is no blurring or distortion in the images. Additionally, approval of your documents can take anywhere from a few minutes to a few days. So, be sure to submit these documents as soon as possible; this way, you won’t be delayed when trying to redeem Sc winnings for prizes.
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If you want to successfully claim a Stake Cash to USD prize redemption, you will need to leverage the various bonuses and promotions that the site offers. The
Stake.us sign up bonus
is the most obvious promotion for new players to claim. All you need to do is add the promo code STFSOCIAL on registration, and you’ll receive 55 Stake Cash, 260,000 Gold Coins, and a 5% rakeback on your losses.
Other promotional offers at Stake.us include:
- Daily login bonus: Log in to the casino once every 24 hours to receive a bonus of 10,000 Gold Coins and 1 free Stake Cash.
- Bonus drop codes: Stake.us will release bonus drop codes on social media, the email newsletter, chat channels, and other community spaces. You can use these codes to redeem rewards, including free Gold Coins and Stake Cash.
- Weekly giveaway: VIP members can participate in a weekly giveaway with a prize pool of 250 million Gold Coins and 25,000 free SC.
Final verdict on Stake Cash to USD prize redemptions
To summarize, when playing at Stake.us, it is possible to redeem real prizes, including cash. To do this, you will need a fully verified account and to have accumulated at least 40 Stake Cash that has met the 3x playthrough requirement. With these redemption rules successfully ticked off, you can head to the redemptions page. Cash prize redemptions will be processed via cryptocurrency, which offers average processing times of between 2 to 3 business days. You can get started today with promo code STFSOCIA, which will give you access to the exclusive welcome bonus.
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Stake Cash to USD FAQs
❓ Can you redeem Gold Coins on Stake.us?
No, Gold Coins are seen as the fun virtual currency, as they are used exclusively for entertainment purposes. In contrast, Stake Cash can be used to redeem real prizes, including cash, if you meet all of the casino’s eligibility requirements.
🤔 Can you convert Stake.us GC to USD?
No, you cannot convert Stake GC to USD. However, you can use your Stake Cash to redeem real cash prizes. You’ll need a fully verified account, to have met the 3x playthrough requirements, and to have accumulated at least 40 eligible Stake Cash.
😀 Can you convert Gold Coins to Stake Cash?
No, Gold Coins cannot be converted to Stake Cash. The only way to obtain Stake Cash is through promotional offers, this could include the welcome bonus, daily reload, giveaways, and more.
💰 Can I deposit USD at Stake.us?
If you’ve been wondering
how to deposit on Stake.us, the truth is that deposits are not available. Since this is a sweepstakes casino, virtual currencies such as Gold Coins and Stake Cash are used instead of real money. These virtual currencies can be obtained for free through bonuses and promotions. You can also purchase Gold Coins directly from the casino.
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