When I first heard about Stake.us, I was curious to know whether it offered real money, like traditional casinos. I’m sure you have the same question now. Well, there are no Stake.us real money offerings.
That’s because Stake.us is a sweepstakes casino, so you can’t deposit or withdraw money. However, it offers Stake Cash, which you can play through 3x and redeem for real prizes. Here, I will walk you through the redemption process and everything you need to know about getting real prizes from the sweepstakes casino.
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- Exclusive 5% Rakeback bonus with code:
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- Play with Stake Cash for prizes!
Does Stake.us use real money?
The simple answer is no — Stake.us doesn’t use real money. That’s because it operates as a sweepstakes casino and not a traditional gaming platform. When I signed up, I was only able to play using two virtual currencies: Gold Coins (GC) and Stake Cash (SC). This is in line with what other sweepstakes casinos in the United States feature.
Now, why two virtual currencies and not one? Well, that’s because they both serve different purposes.
| Gold Coins (GCs) | GCs are purely for fun and entertainment, so they don’t carry any actual value. |
| Stake Cash (SC) | With Stake Cash, I can play games and redeem my eligible SC winnings for prizes if I meet the playthrough requirements and other conditions. |
Therefore, if you’re contemplating how to withdraw from Stake.us, that’s not an option. Instead, your focus should be on redeeming real prizes using Stake Cash.
Are Stake.us real prizes legal?
Yes, the real prizes you obtain from Stake.us after playing with SC are legal. From my experience, the main reason is that players don’t have to make any initial purchases to start playing. That’s basically how sweepstakes casinos like this stay compliant with US laws.
Upon creating my account, Stake.us gave me 55 SC alongside 260,000 GC and a 5% rakeback as a welcome bonus. I didn’t have to make any payment to get it. All I did was enter the exclusive promo code STFSOCIAL during registration.
While on the site, I found packages to buy more Gold Coins on Stake.us. However, this doesn’t imply you’ll be making Stake.us real money payments because purchases are entirely optional. Also, it doesn’t affect your opportunities to redeem prizes.
Notably, Stake Cash — the only currency that’s redeemable — is never available for purchase, optionally or not. However, you may get some as a free bonus with each GC bundle. Thanks to this straightforward model, Stake.us’ real prizes are legal in 37 states.
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Payment methods for Stake.us prize redemption
On Stake.us, I only found cryptocurrencies for prize redemption. There are no fiat methods like bank transfers or gift cards like on other sweepstakes casinos I’ve tried. For this reason, you’ll need a crypto wallet to redeem any Stake.us real money prize.
Notably, the same goes for purchases. During my review, I found some players asking how to deposit on Stake using Visa and Mastercard. My answer to them is that deposits aren’t supported on Stake.us. You can only buy GC bundles, which is optional, and bank cards are not supported. It’s all crypto.
I found over 20 cryptocurrencies on Stake.us when I checked out the redemption section. These include popular coins like Bitcoin, Ethereum, Litecoin, and Tether. If you’re a fiat person, I understand this might seem like a drawback. However, I’ve found it offers serious perks, including high security with blockchain and quick turnaround times.
Requirements to redeem Stake.us real money prizes
Does Stake use real money? At this point, I’m sure it’s clear the answer is no and that only Stake Cash can be exchanged for prizes. Importantly, you can’t redeem your SC right after claiming it for free. You must first meet specific requirements, and I’ve highlighted them below:
ID verification
Stake.us requires ID verification to confirm you’re in a supported state and up to legal age. Without completing this step, I couldn’t even claim the welcome bonus, let alone access any other features. The good thing is that it’s quick, taking only a few minutes.
To verify my account, I had to take a live photo of my government-issued ID and a real-time selfie. I wasn’t allowed to upload pre-taken images. Simply ensure you take clear shots, and you’ll have no issues.
3x playthrough
After claiming 55 SC using the exclusive bonus code STFSOCIAL, I found out I need to meet a 3x playthrough before redemption. Basically, I had to play with my Stake Cash at least three times. I was pretty surprised because other platforms require only 1x. Anyway, 3x isn’t challenging to complete, especially with the vast games Stake.us features.
There are 1,700+ games, and I played more slots and instant-win games to meet the playthrough. The simple reason is that these titles have some of the highest RTPs. Table games like blackjack and video poker also helped.
Minimum SC
To redeem prizes on Stake.us, you must meet the minimum SC requirement. Based on my experience, it varies depending on the cryptocurrency you’re using and network conditions. That said, the figure typically ranges between 45 SC and 75 SC. I find it more reasonable compared to other sweepstakes casinos that demand a flat 100 SC.
The Stake.us redemption exchange rate is simple: 1 SC always equals $1. From my findings, this is one reason some players think Stake Cash is real money, but it’s not. It’s only a virtual sweepstakes currency you exchange for prizes. While you won’t get USD directly, you’ll receive the equivalent based on real-time rates for your selected crypto coin.
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Get free Stake Cash at Stake.us
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Steps to redeem real prizes from Stake.us Sweepstakes Casino
Redeeming SCs for real prizes after meeting all requirements on Stake.us is as easy as the word. Drawing from my first-hand experience, here’s all you need to do:
- Log in to your Stake.us account
- Tap Wallet on the main menu and click on Redeem
- Choose your preferred cryptocurrency and enter your wallet address
- Enter the amount you want to redeem in Stake Cash (SC)
- Double-check that all the details are correct
- Hit Redeem to submit your request
Remember, you’re not converting Stake Cash to USD directly. When you receive your crypto prize, you can then exchange it for fiat and send it to your bank account or e-wallet. If you’re a crypto enthusiast like myself, you simply leave it in your wallet.
Stake.us redemption fees
One thing I appreciate about Stake.us is that the sweepstakes casino doesn’t charge any fees for prize redemptions. The only cost you’ll encounter is the network (gas) fee, which is standard with cryptocurrency. Basically, this fee covers the cost of processing the transaction on the blockchain.
For instance, when I redeemed 53.40 SC via Bitcoin, I had to settle 2.72 SC as network fees. I love the fact that Stake.us makes it clear, as you’ll see the charge displayed right on the redemption page. That way, you’ll be sure what’s involved before confirming. Note that the gas fee will be automatically deducted from your total Stake.us real money crypto prize when it’s sent to your wallet.
Stake.us redemption processing time
From my experience, redemptions on Stake.us are pretty quick. Once you submit your request, it usually takes 4 to 12 hours — sometimes even less. That said, it’s hard to give an exact timeline since the processing speed depends on the cryptocurrency you choose. Of course, the network also plays a key role.
In most cases, though, redemption may delay for longer but not more than 24 hours. I’ve never had a redemption go beyond a day, which is impressive compared to other sweepstakes gaming sites.
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My expert tips for redeeming real prizes at Stake.us
I’ve carefully considered the question of whether Stake.us is a real money site in the US. While the answer is no, prize redemption still offers a good shot at getting something from your gaming sessions. For that, however, you need to do things right. In this view, I recommend these top five tips:
You need as many SC as possible to play and get eligible SC winnings that you can exchange. Stake.us has regular giveaways, challenges, and time-limited promotions where you can grab free Stake Cash. Also, you’ll receive free SC each day you log into your account. Ensure you always grab these opportunities.
There’s a handy “Redemption Progress” bar in the Redeem section of your account. I always refer to this, as it updates in real-time, showing how close I am to meeting the 3x playthrough. That way, I’m sure I’m on the right track with my gaming sessions.
⚡ Check the Crypto Network
I usually review the crypto network for different coins in my portfolio before choosing one for redemption. Specifically, I consider the network fees and conditions that may affect process speed. Sometimes, fees are higher due to congestion, and if I’m not in a rush, I wait it out.
💬 Get Hints from Other Players
The real player chat on Stake.us isn’t just for jokes and banter. Many players drop tips about the best games to play with SC or updates on the most favorable crypto coin at a given time. I refer to the chat regularly to grab these hints.
It may sound ironic, but not everything has to be about redeeming real prizes on Stake.us. Occasionally, enjoy the games using Gold Coins. Some days, I log in, spin for fun, and log out when I’m done. This way, you play with a balance and avoid unnecessary pressure.
I love that Stake.us gives generous Stake Cash bonuses, starting with 55 in the welcome bonus. Also, support for over 20 cryptocurrencies means you have good options, and the redemption processing time is fast. That said, I know some players would prefer to redeem through fiat methods like bank transfers or gift cards. It’s the only drawback for now, but the good thing is that Stake.us is working towards changing the situation. Here’s my summary of the pros and cons:
- Generous SC bonuses
- More than 20 cryptocurrencies to choose
- Quick redemption turnaround time
Conclusion – Exchange redeemable SCs with ease at Stake.us
The bottom line is that direct Stake.us real money payments are not supported at the sweepstakes casino. However, it’s no deal breaker. Simply grab your Stake Cash, and you can play and redeem real prizes using crypto. You can get started by taking only a few minutes to sign up on Stake.us. Don’t forget to enter the exclusive promo code STFSOCIAL, so you receive 55 free SC from the start.
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Stake.us real money FAQs
💰 Is Stake.us a real money site?
No, Stake US isn’t a real money gaming site. It’s a sweepstakes casino, so you only play games using virtual currencies: Gold Coins and Stake Cash. The good thing is that you can redeem your Stake Cash for real prizes after meeting the playthrough and eligibility requirements.
💸 Can Stake Cash be turned into real money?
You can redeem your Stake Cash for real money prizes on Stake.us after meeting the playthrough and minimum SC requirements.
💳 How to cash out on Stake.us?
Stake.us doesn’t support cash out. You can only redeem your SC for real prizes after playing it at least three times and getting up to the minimum redemption amount.
🪙 How much is 1 Stake Cash?
Stake Cash is a virtual sweepstakes currency at Stake.us, so it doesn’t have any direct value. However, if you meet the redemption criteria, you can exchange 1 Stake Cash for $1.
⏳ How much time does Stake.us take to withdraw money?
You can’t withdraw money from Stake.us since it’s a sweepstakes casino. Instead, you can redeem your SC for real prizes after meeting the requirements. Prize redemption on Stake.us is via cryptocurrency, so it’s pretty fast, taking only a few hours.
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