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Best Sportsbooks US / Stake.us Ethereum 2024: Learn How To Use ETH On Stake

Stake.us Ethereum 2024: Learn How To Use ETH On Stake

Last Updated on 30/01/2024

We’re here to tell you why it’s worth considering Ethereum at Stake.us, especially if you’re already looking at those optional Gold Coin bundles. Good news for anyone who wants to use this revolutionary crypto for sweepstakes casino gaming.

While Ethereum is great for things like dApps, it’s also good for doing simple things like buying stuff online. This includes using Ether to purchase virtual credit at Stake.us! Don’t forget to use our exclusive PROMOBOY code to get 5% rakeback on losses, as well as 55 SC and 260,000 Gold Coins on sign-up.

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Does Stake.us use Ethereum?

It does. The sweepstakes casino accepts payments via the Ethereum crypto network, which means you can purchase virtual credit with Ether coins. This means that you won’t be playing directly with ETH, but instead will be playing with a form of virtual credit called Gold Coins.

It’s an arrangement that allows Stake.us to become legal in the US. After all, sweepstakes casinos are only allowed to operate if they let you play for free and if you play with virtual currency, rather than real money. Gold Coins have no real-world value and cannot be redeemed in any way.

Just note the fact that you have to be at least 21 years old to play at Stake.us, and that the sweepstakes casino doesn’t currently accept customers from New York, Nevada, Idaho, Washington, Kentucky or Michigan.

How to pay with ETH at Stake.us

It’s relatively simple to make your ETH payments to this sweepstakes casino. Here is how you do it:

  1. Log into your Stake account and select which Gold Coins package you want to buy
  2. Copy the payment address into the ‘Send’ field of your crypto wallet
  3. Enter how much ETH you want to send to Stake.us
  4. Double-check the details and submit your payment

By doing this, your payment request will be processed on the Ethereum blockchain in just a few moments, and then Stake.us will automatically add the Gold Coins to your account. Now you can use these Gold Coins to play anything, from online slots to some immersive live dealer games of roulette, blackjack and baccarat.

Understanding how virtual credit works at Stake.us

We’ve already clarified that you won’t be playing with Ether at Stake.us, but that you’ll be purchasing Gold Coins. It’s important to understand that these Gold Coins only let you play casino games in a standard mode. This means that you are just playing for fun and that you won’t be able to redeem any prizes.

However, there is another kind of virtual currency at Stake.us called Stake Cash. This cannot be purchased, but it can be claimed for free via promotional offers, or even given as a bonus when buying Gold Coins.

This is worth knowing, because Stake Cash lets you play casino games in a promotional sweepstakes mode. Once you have played through your Stake Cash enough times, you can then redeem them for goodies like branded merchandise, gift cards and even more crypto.

Why use Ether at Stake.us?

There are lots of different Stake.us payment methods that have their own pros and cons. So here are the key reasons why to consider ETH for your sweepstakes gaming:

  • Very fast transactions: Ethereum is easily one of the fastest crypto networks, and this is especially true since its 2.0 update. This means that your average transaction could take as little as 15 seconds and it looks like it could get even faster.
  • Relatively low volatility: Ethereum is currently ranked as the seventeenth least volatile crypto. While the value of Ether is still turbulent, it’s nowhere near as bad as with some other cryptos.
  • Web 3.0 integration: Ethereum’s smart contract capacity means that it’s perfect for getting started with dApps and NFTs. Not directly applicable to sweepstakes gaming at Stake.us, but worth knowing all the same.

Why to reconsider using ETH at Stake.us

Every crypto has its limitations and this is true of Ethereum. Here are some reasons why you might want to rethink using Ether at Stake.us:

  • Rising fees: There’s been a notable increase in the fees for using Ethereum over the past few years. This has seen the charges go to an average of over $2.30 and they are likely to rise even further.
  • Centralization: This shouldn’t affect your gaming at Stake.us, but it’s worth knowing that 60% of Ethereum is owned by four major players. This shows that the network is shifting towards a more centralized method of governance, which could affect its long-term uptake.

Conclusion - Good reasons to use Ethereum at Stake.us

Much of Ethereum’s phenomenal success has been put down to its smart contract technology, as well as key developments such as its 2.0 update. While all of that is good, we like Ethereum simply because it lets you make fast and secure payments online.

This means that Ethereum is a great choice for doing simple things, like purchasing virtual credit at Stake.us. So, be sure to register your account at the sweepstakes casino, get your welcome offer and look forward to seeing what you can win with your ETH.

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Stake.us Ethereum FAQ

❓How do I use the Ethereum crypto at Stake.us?

We’re here to show you just how easy it is to use Ethereum at Stake.us. Read our guide and you’ll see that it’s just as simple to use Ether as it is Bitcoin at Stake.us.

💰What are the fees for using Ethereum with Stake.us?

Our guide will simply explain what kinds of fees you’ll be facing when you use ETH at Stake.us. This means that you’ll see whether you should stick with Ether or try another crypto, like Ripple at Stake.us, instead.

✅Is it safe to use ETH at Stake.us?

You should read our guide to see how safe it is to use Ethereum at Stake.us. We’re hoping that it’s just as safe as using Tron at Stake.us, but best check to make sure.

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