Stake offers fiat-to-crypto payments

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Updated September 21, 2022 | Published July 16, 2020

2 mins read

To facilitate the transactions, Stake is teaming up with MoonPay, a crypto marketplace which has already signed successful partnerships with other crypto companies. As a result, consumers will be able to purchase their cryptocurrencies directly from an intuitive menu on the platform.

To do so, they simply need to go to the Buy Crypto section, choose the cryptocurrency they want to buy and pick the currency they want to pay with. Once they do, they will be prompted to the next screen where players will be able to enter their crypto wallet address and email.

MoonPay allows for instantaneous card payments which is another significant advantage and an important one at that as it slashes waiting times to practically zero. Moonpay also offers support for ten standard currencies.

The Stake platform remains compatible with seven cryptocurrencies at present:

Bitcoin (BTC)
Ethereum (ETH)
Litecoin (LTC)
Bitcoin Cash (BCH)
Ripple (XRP)
Tron (TRX)
EOS (EOS)

Consumers who prefer to buy their cryptocurrencies from the same place they bet them can now do so thanks to Stake.

The platform recently passed the significant threshold of two million bets, while it has offered various promotions designed to whip up interest in specific sports contests, such as UFC 251, and more.

Overall, Stake.com maintains a good footprint in the crypto betting space and it has been reinforcing its presence with promotions, and other handy user-focused solutions.

FunFair recently announced its own partnership with MoonPay, which users of its CasinoFair brand can utilise, while other casinos such as Bitcasino.io have their own tools to buy crypto on-site.

Alex

Alex is a well-rounded crypto writer who focuses on general market and legal developments. His main interest lies in how crypto gaming can become a more permanent part of the gaming landscape and how blockchain holds benefits to players they are not even aware of.

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