Highlights
Stake.us now has a 2% fee on bank transfer redemptions
This change doesn’t apply to cryptocurrencies, which still offer negligible fees at Stake.us
Opt for cryptocurrencies for low-fee transfers and claim the Stake.us sign up offer using our exclusive bonus code if you’re a new player
Stake.us casino has introduced a 2% fee on Stake Cash (SC) redemptions via Breeze, the social casino's bank transfer processor. They announced it via an X.com post, and the change is already in effect at the site.
Stake.us stated that they have made this change due to local requirements and payment processing costs. But what does this new charge mean for players? How exactly will the new fee work, and who will it affect? We've whipped up this guide with all the details you need to know about this new development.
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What the 2% Redemption Increase Means for Players
Payment fees are not uncommon at sweepstakes casinos, but so far, Stake.us fees have been very small or nonexistent. This new 2% fee represents a significant change for players. Suppose you want to redeem 500 SC, you'll now have to bear a 10 SC charge on that transaction.
The new fee also does not have a maximum cap. So if you were redeeming a huge 10,000 SC prize, for instance, you'd have to give up 200 SC. The change is already in effect at Stake.us. To maintain transparency, the 2% fee will be clearly displayed on the redemption page before and after you confirm your request.
2% on Breeze Only, Not Cryptocurrencies
Stake.us has clarified that this 2% redemption fee applies only to bank transfers via Breeze, and the charge doesn't affect crypto transactions. This means there's a way to avoid this 2% fee burden, and that's by opting for cryptocurrency alternatives. Stake.us tops our
list of sweepstakes casinos
for crypto gaming because it has all the best cryptocurrencies, including BTC, ETH, LTC, USDT, etc.
There are over 20 cryptos you can use at the site, and these digital currencies are popular for having negligible fees. LTC has a 0.01 SC fee, for context. Cryptos are also generally known for being fast, safe, and anonymous.
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How to Start Using Cryptocurrencies at Stake.us
If you haven't used cryptos at Stake.us before, here's how to do so:
- Sign up for a crypto wallet
- To add coins to your wallet, buy BTC or other cryptos at a cryptocurrency exchange
- Use your cryptos to make an optional Gold Coin (GC) purchase. GC purchases are completely by choice at Stake.us, but they can be beneficial for serious players who want to redeem prizes more often.
- Redeem your SC winnings back to the same crypto you've used in purchasing
Note: To redeem at Stake.us, you must play through your SC bonuses at least 3x, complete KYC verification, and have at least 40 SC in your redeemable balance.
If you're new to this sweeps casino, you can register using our exclusive code DIMERS. This will unlock a sign up bonus of 25 SC and 25K GC, plus 10K GC and 1 SC daily for life. We’ve covered all other offers available at this site in our
Stake.us bonus code
guide.
Final Thoughts on the Stake.us 2% Bank Transfer Fee
The new 2% redemption fee at Stake.us applies to Breeze bank transfers only, which means anyone using cryptocurrencies will not be affected. From the outset, Stake.us has made it known that players can enjoy lower fees and better bonuses with cryptocurrencies. So it makes sense that cryptos are exempted.
If you still prefer fiat redemptions, then make sure to keep the 2% charge in mind. The sweeps casino will also clearly show it to you on the redemption page. Otherwise, this is a great time to hop on the crypto wagon if you're able to. While you ponder the redemption method to choose, don't forget to grab this social casino's amazing sign up bonus using our exclusive promo code DIMERS. You'll be hard-pressed to find a better offer elsewhere.
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