iGaming Powerhouse Stake.com Is Going All in for The Crypto Recovery
Cryptocurrency has been through a rollercoaster ride over the past year, with many investors wondering if they should stick with it or abandon it altogether. However, things are looking up for crypto as the market capitalization of the entire sector sits at around $1 trillion as of February. This resurgence has given hope to many crypto enthusiasts, including Stake.com, an online gaming platform that exclusively caters to cryptocurrency players.
Established in 2017, Stake offers a unique online gambling experience. The site caters exclusively to cryptocurrency players, with live casino games, slots, and a sportsbook available for players from all over the world thanks to its Curaçao eGaming License.
Redeeming Cryptocurrency
At the end of last year, Stake.com co-founder Ed Craven tweeted some eye-opening stats surrounding the online casino’s influence over the crypto market. During the first half of December, Stake was responsible for 5.9% of all Bitcoin, 12.3% of all Dogecoin, and 15.1% of all Litecoin transactions. This is hard proof that the popular online gaming site has the ability to bolster the crypto recovery.
Stake Casino dodges an issue many iGaming platforms face. Specifically, working with payment providers that restrict payments and/or cash-outs of winnings. By allowing players to deposit and withdraw cryptocurrency into their account, Stake provides a fast, secure and convenient way to enjoy their games. When players are ready to cash out, they can withdraw their balances in equivalent cryptocurrency and deposit them into their crypto wallet.
Online gaming analysts Casino.Guide took a closer look at Stake to give players a better understanding of their operation. Their seasoned professionals analyze all the aspects that make for a good iGaming experience and compile detailed and objective reviews so players can quickly see what highlights and pitfalls to expect.
Their Stake Casino Review by Vienne Garcia goes on a deep dive into the crypto gaming platform and gives insight into the website’s functionality, provides player reviews and highlights Stake’s reputation as a major casino streamer. Vienne has over 10 years of experience in the online casino industry. She’s worked in the customer service and backend environments of virtual casinos and crafts reviews to educate players so they can make informed decisions when looking for iGaming platforms.
Crypto Casino
Stake.com‘s success story as a prime example of how online casinos can hold up the often-vulnerable nature of cryptocurrency is due to its ability to offer an online gaming experience that provides a level of convenience, security, and freedom that traditional online casinos do not offer. For those ready to bet with their crypto coins, playing at Stake’s virtual tables not only offers a unique gaming experience but also helps support a strong recovery after the 2022 crypto market crash.
The platform, which boasts over 500 thousand registered users worldwide, has established high-profile sponsorship agreements in sports such as UFC and football, among others. Their latest partnership is with Everton Football Club. The multi-year deal will see the Stake.com logo prominently displayed on the club’s men’s and women’s shirts, marking an important moment in both organizations’ histories.
With a global reach, the brand is excited to bring its unique online gambling experience to the UK, joining other countries such as Canada, Brazil, and Japan. The brand has also been recognized for its contributions to the cryptocurrency industry, recently winning the “Best Cryptocurrency Casino” award at the AskGamblers Awards 2022.
Betting on Cryptocurrency
The online gambling industry is constantly evolving, and cryptocurrency is no exception. With its unique benefits, including fast and secure transactions, decentralized nature, and increased privacy, it’s no wonder that more and more online casinos are embracing the world of crypto. In fact, some online casinos now operate exclusively with cryptocurrency, making it a preferred option for both players and operators.
This article was produced and syndicated by Wealth of Geeks.
