Is Crypto Gambling Safe?

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Safety Tips When Gambling & Betting with Cryptocurrencies

Stake.com is the world’s most popular crypto casino and sportsbook , with thousands of slots , table games , and live dealer titles to enjoy. At Stake, you can deposit 20 different cryptocurrencies to your account for safe and secure crypto gaming and sports betting.

Discover why crypto gambling on our platform is safe and secure and introduce you to the various security measures that we have to keep your information private and your digital currency safe.

Is Crypto Gambling & Betting Safe?

Yes, crypto gambling is safe at Stake.com. We have a license from Curacao eGaming and adhere to strict regulatory guidelines to keep you safe and secure when betting online. Our site is protected by SSL encryption, and all of our crypto deposits are 100% secure to mitigate potential risks.

We also offer 2FA for all user accounts, allowing you to add an extra layer of security to your account to prevent someone from gaining access without your permission.

Safety Benefits of Gambling with Crypto

There are numerous security benefits to gambling with cryptocurrency at Stake.com:

  • Improved privacy: You can retain a high degree of anonymity when gambling with crypto at Stake.com, and you don’t need to provide your banking details to make a deposit.

  • Fast and fair deposits and withdrawals: Practically all of our deposits and withdrawals are processed instantly thanks to our 100% safe and secure transactions. As a result, you don’t need to wait an eternity for funds to arrive in your wallet. Read our deposit and withdrawal guide for information about payments methods and more.

  • No third parties: We don’t rely on banks and other payment providers for our transactions, meaning deposits and withdrawals are much more secure and do not have any transaction fees.

What Cryptocurrencies does Stake.com offer?

Stake.com supports 20 cryptocurrencies , and you can add any of these to your account to fund your casino gameplay or sports bets. The complete list of supported crypto at Stake.com is as follows:

  • Bitcoin (BTC): Launched in 2009, Bitcoin is the most widely used and recognised cryptocurrency globally.

  • Ethereum (ETH): Second only to BTC, Ethereum is a trusted and ever-popular cryptocurrency used by bettors at Stake.com.

  • Litecoin (LTC): A great alternative to BTC and ETH, Litecoin was the very first Altcoin offered at Stake.com and remains popular today.

  • Dogecoin (DOGE): Dogecoin has become a prevalent cryptocurrency for online gambling since its launch by Billy Markus and Jackson Palmer.

  • Bitcoin Cash (BCH): A Bitcoin spin-off launched in 2017, Bitcoin Cash is a solid alternative to BTC.

  • Ripple (XRP): Ripple was one of the first additional Altcoins we offered as we increased the number of cryptocurrencies available, and it’s a great option in today’s market.

  • Tron (TRX): Founded in 2017 in Singapore, Tron is a blockchain-based digital platform with its own currency, TRX.

  • EOS (EOS): Favoured by many because of its low transaction costs, EOS has been supported at Stake.com since 2020.

  • Tether (USDT): One of the world’s most popular cryptocurrencies, Tether is pegged to the United States Dollar and is a stablecoin widely used at Stake.

  • Binance Coin (BNB): The native coin of the Binance exchange.

  • USD Coin (USDC): Similar to Tether, USD Coin is a stablecoin pegged to USD and an excellent option for crypto gaming.

  • ApeCoin (APE): The native coin of the Bored Ape Yacht Club launched in 2022, offering good value crypto gaming.

  • Binance USD (BUSD): Issued by Binance and pegged to USD for stability and a good alternative to BNB.

  • Cronos (CRO): CRO is the native coin of the Cronos blockchain, built by Cronos Labs and available for casino gaming at Stake.com.

  • Dai (DAI): Dai is the native stablecoin of the Maker network, and like others on this list, it is pegged to USD.

  • Chainlink (LINK): An ERC-677 token that allows for proper operation of DONs – also available for deposits and withdrawals at our online casino.

  • The Sandbox (SAND): SAND is used within the virtual Sandbox world and is a popular option for cryptocurrency bettors at Stake.

  • Shiba Inu (SHIB): Undoubtedly the world’s most popular memecoin, SHIB has been available at Stake.com since 2022 and is another good option.

  • Uniswap (UNI): Also launched at Stake.com in 2022, Uniswap is a governance token for DEX.

  • Polygon (MATIC): The native cryptocurrency for the Polygon Network.

Ensuring Your Safety: How to Guard Your Security

You can take several simple steps to bolster your safety while gambling at Stake Casino and Sportsbook:

  • Activate two-factor authentication to add a layer of security to your account.

  • Use an auto-generated password and change it regularly.

  • Store your cryptocurrency in the Stake Vault .

  • Make sure you have secured your hot and cold wallets to keep your crypto safe away from Stake.com.

  • Always gamble responsibly and set your limits to stay in control.

Responsible Gambling

When playing casino games at Stake.com, it’s so important to gamble responsibly. You should set your own deposit and time limits to control how much and how often you bet. You can even use our responsible gambling calculator to work out how much to spend on gambling each month. Learn more about how much you should gamble with before placing your bets and read our responsible gambling guide for all the information you need to practice responsible gambling.

Choosing Which Crypto is Right for You

Choosing which cryptocurrency to use at Stake.com can be difficult, given that you can use 20 currencies. Before buying a cryptocurrency, you should check the coin's stability and look at how the market performs.

If you have multiple cryptocurrencies in your wallet, deposit a coin that is performing well to get the best value as you play casino games or place bets at Stake.com. Remember, you can deposit multiple currencies to your Stake.com account, so feel free to mix it up.

If you’re new to our platform and don’t know where to begin, Bitcoin is a safe and secure option that has stabilised in recent years. You can then research which coins are currently performing well to add further value to your crypto gaming experience.

Understanding Odds, House Edge & Return to Player (RTP)

One of the keys to responsible gambling is understanding the concept of house edge. This is the house advantage built into every game and indicates how much the game typically pays out over time, given as a percentage known as return to player (RTP).

For example, if a game has an RTP of 97%, it essentially means that 0.97 of every 1.00 wagered on the game is returned to players. Thus, the game has a house edge of 3%. The lower the house edge, the better value the game is for players.

The industry average RTP for slot games is 96%, so consider this when looking for great-value games. You can check out Stake Originals for games with high RTPs and Stake Exclusive games that offer enhanced RTP terms. We also recommend our house edge guide for more tips on RTP and what to look for.

How to Get Started: Buy, Deposit & Withdraw Cryptocurrency to Play Games

Easily deposit crypto units into your account to play online casino games by following these simple steps:

  1. Step 1 – Retrieve your deposit address, located in Wallet > Deposit.

  2. Step 2 – Choose the method that suits your needs. Stake.com supports multiple currencies, including Bitcoin (BTC), Ethereum (ETH), Dogecoin (Doge), Litecoin (LTC), and others.

  3. Step 3 – Use your deposit address as the ‘send to’ location for your crypto wallet or exchange.

  4. Step 4 (Optional) – If you wish to make a deposit via fiat currency, you can buy crypto for Stake via Moonpay.

Stake.com offers a live support to players via our customer support team for help with issues regarding depositing and withdrawing units.

Moonpay supports multiple payment options, including Visa, Mastercard, Apple Pay, Google Pay, and others, to buy cryptocurrency to enjoy casino games. For a full list of supported payment options, please refer to the Moonpay documentation .

Casino Promotions, Sports Betting Bonuses & VIP Club at Stake.com

As soon as you have deposited crypto to fund your gameplay at Stake.com, you can access our excellent ongoing promotions to boost your bankroll. We regularly update our promos and offer monthly bonuses and more great offers for all Stake players.

You can also learn more about the exclusive rewards available via the Stake VIP Club , a great way to maximise your winning chances as you play the best online casino games and bet on your favourite sport.