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How to Deposit and Withdraw USDT on Stake.com

By Leon Travers

13 Nov 2024

Leon Travers13 Nov 2024

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Tether USD (USDT) is now one of the most popular cryptocurrencies used on Stake.com
Learn how to deposit and withdraw USDT at Stake
What are the advantages of using USDT for gambling?
Claim a 3,000 USDT welcome bonus with our Stake promo code

What is Tether USD?
How to Deposit USDT at Stake.com
USDT Deposits at Stake - Step-by-Step Guide
Bet on Sports and Casino at Stake with USDT
How to Withdraw Tether USD from Stake.com
Advantages of Using USDT at Stake.com
Get a 3,000 USDT Welcome Bonus

Remove the volatility of regular cryptocurrencies by using the number crypto stablecoin Tether (USDT). This guide explains how to get started.

What is Tether USD?

Tether USD, simply known by its ticker USDT, is the most popular cryptocurrency stablecoin with a market cap above $120 billion.

The concept behind Tether, as a stablecoin, is that its price is pegged 1:1 with real US dollars. This virtually reduces all the volatility risks that are associated with regular crypto coins, such as Bitcoin, Ethereum, and Dogecoin.

As the third biggest coin by market cap, USDT is extremely liquid, and it’s traded on all exchanges. This makes it the perfect crypto for deposits and withdrawals at Stake.com.

How to Deposit USDT at Stake.com

The following steps are for users who already hold Tether (USDT) either on an exchange or in a private wallet. If you don’t have any USDT, you can buy directly through Stake using the third-party brokerage service Moonpay. However, I must warn you that the fees for this service can put a dent in your bankroll.

USDT Deposits at Stake - Step-by-Step Guide

Log into your Stake Account

Visit Stake through your usual browser and log into your account. Players who don’t have an account, this Stake registration guide will help you get started.

Click ‘Wallet’

At the top of the screen, click the blue Wallet button.

Deposit

On the cashier page, select Deposit. On the next screen, make sure Crypto is highlighted. By default, it is set to Bitcoin. Use the down arrow to reveal the list of supported crypto assets, and click on USDT (USD Tether).

Network

Choose the network (chain) that you want to use to send the USDT. The options are:

ETH: Ethereum ERC20
BSC: BNB Smart Chain BEP20
POL: Polygon
TRX: Tron TRC20
SOL: Solana

Wallet Address and Send Coins

Copy the wallet address. Go to your private wallet or exchange where you are storing your USDT. Select the network/chain you want ot use and enter the amount of USDT that you want to deposit. Then, paste the Stake wallet address to send the funds. Alternatively, there is a QR code on Stake that you can scan from your crypto wallet to send funds that way.

Deposit Confirmed

Typically, it takes a couple of minutes for a USDT deposit to be confirmed at Stake.com. The coins will automatically appear, and your balance will be updated. You’re now ready to bet with Tether USD.

Bet on Sports and Casino at Stake with USDT

After making your deposit, select USDT from the drop-down menu next to your balance. This will make USDT your primary betting currency if it isn’t already.

You can now explore the casino or sportsbook as you would normally. As Tether is pegged to the US dollar, you know that a 10 USDT bet is the same as a $10 US wager, give or take $0.01 either way.

How to Withdraw Tether USD from Stake.com

Once you’ve navigated your way through a USDT deposit at Stake, you’ll find withdrawing your winnings in USDT is just as easy.

Log into your account and click on Wallet
Select Crypto. If your betting currency is set to USDT, then that will appear on the withdrawal slip automatically.
Choose the network that you want to use.
Enter the withdrawal amount. The minimum is 2.5000 USDT.
Paste your wallet address (the location you are sending the USDT to).
Open your two-factor authentication app and input the OTP.
Click Withdraw.

Advantages of Using USDT at Stake.com

There are many reasons why Tether has become one of the top digital assets used by players at Stake.com; they include:

Very little volatility: With Tether’s immense market cap, it’s price is always very close to 1:1 with US dollars. This means you can bet with confidence knowing exactly how much you’re wagering.

Pegged to USD: Tether is pegged to the world’s reserve currency; the strongest currency on the planet. Therefore, it holds a ‘truer’ value than nearly all other fiat currencies.

Fast transactions: USDT deposits and withdrawals only take a couple of minutes.

Low fees: With Tether available across multiple networks, the fees have been drastically reduced. I use Tether on the Tron network (TRC20), and sending it from an exchange only costs 0.50.

No banking information shared: As a cryptocurrency, all you need is a wallet address. This removes the need to share debit or credit card information online.

Get a 3,000 USDT Welcome Bonus

Using our Stake promo code HUGE, new players can claim a 3,000 USDT welcome bonus. This is a 200% deposit matched offer, so to get the full 3,000 Tether, you must deposit 1,500 USDT.

This bonus can be used for betting on sports or playing at Stake Casino. The wagering requirements are a fair 35x, so there’s a chance of coming away with something if good fortune is on your side.