Is Stake Casino legal in South Africa?

Stake Casino is legal in South Africa. The question regarding its legality remains valid. The site, founded in February 2017, initially offered its service only in a few countries. For this reason, many people, even years later, still wonder if Stake Casino is accessible or blocked in South Africa.

That said, remember that Stake Casino is not accessible everywhere! There are some restrictions, although at the moment, Medium Rare N.V. is working to expand the list of countries where Stake is accessible. I will review this page weekly to ensure that legislation has not changed in the meantime!

Is Stake safe or not in South Africa?

Stake Casino is safe to play in South Africa. Before saying this, I checked the details of this online casino. The company is frequently mentioned, namely Medium Rare N.V., with registration number 145353 and registered office in Willemstad, Curaçao. It is in Curaçao that Stake Casino obtained its license, issued by the Curaçao eGaming license, number 8048/JAZ.

When these details are easily found on an online casino, its reliability is often guaranteed. It is common for unreliable casinos to hide these details or sometimes not even include them on their website. Moreover, the customer service is reassuring and knows how to answer every question, even technical ones.

For security nerds, I would like to point out that Stake.com in South Africa offers an SSL/TLS certificate with 256-bit encryption, issued by Cloudflare, of DV type, which guarantees that the domain is indeed managed by Medium Rare N.V. and not by third-party companies. The HTTPS protocol is also used to protect privacy and encrypt personal information, including payment information.

Trust card of Stake Casino in South Africa

• Name: Stake Casino
• Owner: Medium Rare N.V.
• Registration number: 145353
• Foundation: 2017
• License: Curaçao eGaming license number 8048/JAZ
• Security: SSL/TLS with 256-bit encryption

How do you withdraw money from Stake in South Africa?

To withdraw from Stake in South Africa, you will need to log into your account, click on your avatar icon, select your wallet and click on withdraw. Withdrawals can be made with the following cryptocurrencies: Bitcoin (BTC), Ethereum (ETH), Binance Smart Chain (BSC), Litecoin (LTC), Tether (USDT), Solana (SOL), Dogecoin (DOGE), Bitcoin Cash (BCH), Ripple (XRP), EOS, Tron (TRX), Binance Coin (BNB), USD Coin (USDC), Ape Coin (APE), Binance USD (BUSD), Cronos (CRO), DAI, Chainlink (LINK), Sand Coin (SAND), Shiba Inu (SHIB), Uniswap (UNI), and Matic (MATIC).

Withdrawal processing on Stake Casino is immediate. This means that you will only have to wait for the blockchain confirmation times. Here is a list of withdrawal times:

• Bitcoin (BTC): 10 to 30 minutes
• Ethereum (ETH): 5 to 10 minutes
• Binance Smart Chain (BSC): 5 to 10 minutes
• Litecoin (LTC): 2 to 8 minutes
• Tether (USDT): 5 to 10 minutes
• Solana (SOL): 2 to 5 seconds
• Dogecoin (DOGE): 1 to 5 minutes
• Bitcoin Cash (BCH): 10 to 20 minutes
• Ripple (XRP): 3 to 5 seconds
• EOS: Less than 1 minute
• Tron (TRX): 1 to 3 minutes
• Binance Coin (BNB): 5 to 10 minutes
• USD Coin (USDC): 5 to 10 minutes
• Ape Coin (APE): 5 to 10 minutes
• Binance USD (BUSD): 5 to 10 minutes
• Cronos (CRO): 5 to 10 minutes
• DAI: 5 to 10 minutes
• Chainlink (LINK): 5 to 10 minutes
• Sand Coin (SAND): 5 to 10 minutes
• Shiba Inu (SHIB): 5 to 10 minutes
• Uniswap (UNI): 5 to 10 minutes
• Matic (MATIC): 5 to 10 minutes

Remember that there are also minimum withdrawal limits on Stake.com in South Africa! These limits depend on the cryptocurrency you want to withdraw and their current value. I recommend checking the section on withdrawal minimums before cashing out your winnings.

One last note concerns withdrawal fees. Again, depending on the cryptocurrency you want to withdraw, there will be small fees to pay. Personally, I find them quite low and in line with those applied by other online casinos.

Does Stake require KYC in South Africa?

Stake Casino requires KYC only for withdrawals over R2,000 or the equivalent in cryptocurrencies. The procedure is relatively simple compared to other online casinos, as they only ask for a photo of your ID, a selfie, and a utility bill or pay stub.

My experience with KYC documentation on Stake has been good. It took less than 48 hours to approve my documents, and I was able to receive my withdrawal immediately after the documents were accepted. If you do not want to submit KYC documentation, you can request several withdrawals without ever exceeding the R2,000 limit.

Is it possible to use a VPN to access Stake from South Africa?

It is possible to use a VPN to access Stake from South Africa. However, keep in mind that you may have issues with the KYC procedure, as the IP address you connect from will not match your residence. I recommend not using a VPN to play on Stake if you can play without one.

I recommend speaking to Stake Casino’s customer service if you want to use it so that they can assess your specific case and suggest the best way to proceed. If you want to use a VPN to play with Stake anyway, here are the best I can recommend:

• Nord VPN
• Express VPN
• CyberGhost VPN
• Proton VPN
• SurfShark VPN
• TunnelBear VPN

Does Stake give real money in South Africa?

Yes, Stake Casino pays out real money to its players in South Africa in the form of cryptocurrencies. Despite some beliefs on the internet, Stake is indeed a real money casino and does not offer so-called “fun money” payouts. If you are looking for a casino that allows you to play with this type of currency just for fun, Stake is probably not the best choice for you.