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How Long Does a Stake Withdrawal Take?

A Stake withdrawal is usually processed within 1-3 days, which is standard compared to many of the best online casinos in the world.

However, the payment option you select will determine how long it takes to process and finish the withdrawal. The longest processing time is for standard bank transfers, which can take as many as five days due to the slow speed of banking. E-wallets will give you much faster withdrawal times and are normally processed instantly.

Keep in mind that these are only estimates; some withdrawals might be processed speedier than others and vice versa, depending on how many requests the online casino has.

Stake Withdrawal Methods

Players can choose from many withdrawal options on the Stake Casino website. These consist of standard bank transfers, credit and debit cards, and e-wallets, but also some local online banking methods. You can select the most convenient online banking option for you, and Stake will process the withdrawal quickly and effectively.

Stake Casino is a cryptocurrency casino, so you can only withdraw winnings to your crypto wallet. Some of the Cryptocurrencies they accept are:

  • Bitcoin
  • Litecoin
  • Ethereum
  • Tron
  • Ripple
  • Dogecoin
  • Tether

Stake Bank Transfer Processing Time

If you want fast withdrawals, choosing bank transfer as your payment method is the worst choice. It may take up to 5 days for the Stake bank transfer withdrawal option to fully process your request. It’s not because of the casino’s withdrawal speed but because banks typically place a 48-hour hold on incoming transfers to ensure the funds are there. The money will be placed into your account after the hold is lifted, and you can use it immediately once it arrives in your bank account.

How to Withdraw Your Winnings on Stake Casino

You can request a withdrawal at Stake by following the below steps:

  1. Go to the “My Account” page and select “Withdraw”.
  2. Enter the amount you want to withdraw. Ensure you meet the minimum withdrawal requirement.
  3. Select your preferred method of payment and log in/enter your details.
  4. Confirm and wait for your funds to arrive.

Ensure You Meet the Requirements

It’s easy to withdraw your winnings on Stake. However, before you do, ensure you meet all the requirements for quick withdrawals.

The first point to check is to ensure you have finished the KYC steps. You might be able to withdraw small amounts without doing this, but typically, it is better to complete your KYC validation straight after you deposit. Unless you play at casinos without verification, this is standard practice.

Another critical point to check before requesting a withdrawal is the minimum withdrawal amount. The minimum withdrawal at Stake depends on the currency you choose to play. We, therefore, recommend you check out the different options before you settle for a currency.

Lastly, you must have fully wagered any casino promotions before you request a withdrawal. Otherwise, the bonus will be forfeited.

Stake ID Verification

As a general rule, you are not able to withdraw big winnings unless you have finished the KYC requirements. This is required by all licensed casinos online.

You, as a player, are required to send in the following:

  • Proof of identification, like a copy of your ID card, passport or similar.
  • Proof of residence, like a letter from a bank or an electricity bill.
  • Proof of payment method, like a bank statement or picture of your credit card.

The casino website will need a day or two to verify your documents, so we recommend you send them in after your first deposit on Stake. Otherwise, your withdrawal might take a few extra working days to approve.

FAQs

What should I do if I experience Stake withdrawal problems?

If you have any problems, you should first contact Stake customer service. They are able to help you check what is holding up your withdrawal and provide more details. If you still have issues, you can contact the licensing body and file a complaint. Stake Casino is licensed by Curacao, so they can assist in case of disputes.

What should I do if I see Stake withdrawal player pending?

If the status of your Stake withdrawal is “player pending, ” your request has yet to be processed. At this stage, you can cancel your withdrawal or wait for the casino to process the request.

Are there any withdrawal fees?

Most online gambling sites will not include an additional fee for withdrawals. Regarding Stake, they have fees for most withdrawals. The exact fee depends on your chosen cryptocurrency.

Keep in mind that some online banking methods include a fee for transactions, which you should check before choosing a method of payment.

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author
Kate WebbEditor in Chief

With over ten years of experience working with gambling and writing about casinos, Kate brings a lot of knowledge to CasinoTop3.com. Kate oversees all the content written on CasinoTop3.com to ensure it contains factual information with value to you as a player.

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