How to Deposit Canadian Dollars (CAD)
How to Deposit Canadian Dollars (CAD) on Stake.com
Stake.com has long been the world’s top online cryptocurrency betting site, servicing players worldwide and setting a benchmark for other crypto operators. But did you know that you can also make effortless deposits in your local currency to play our fantastic online casino games or place sportsbook bets?
This means you can make secure transfers using Canadian Dollars. If you’d like to use this function, keep reading this guide to discover how to make CAD deposits and withdrawals here at Stake.com.
Overview of the Canadian Dollars Deposit Process
You may have noticed in recent months that we have been changing how your Stake account operates at Stake Casino. You now have plenty of choices regarding financial activities, including making deposits and withdrawals and viewing your balance in your local fiat currency.
You must enable local currency on your account to use CAD for deposits and withdrawals. To do this, log into your account and navigate to your wallet. Click on deposits, and you will see how you can toggle between crypto and fiat currency.
If you haven’t already done so, you may be asked to provide ID documentation and verify your email address and phone number before proceeding.
How do I Deposit Canadian Dollars into my Stake Wallet?
When you’re ready to deposit your Canadian Dollars to enjoy your favourite games and our latest releases, head to your wallet and click deposit and local currency. You should see that you now have CAD enabled. Click the blue deposit button to initiate your deposit.
The pop-up will allow you to use Interac to perform the bank transfer. Select your deposit amount and enter the requested information. You will then be taken to the third-party site to complete the transaction.
For Interac transactions, you must select your financial institution, log into your online banking, and review and accept the payment. You can contact our customer support team if you need assistance.
After depositing funds, your transaction status can take up to 24 minutes to update to either a ‘successful’ or ‘failed’ status. If the deposit fails and your funds have already left your account, they should reappear within 3 business days.
When you’re all set to start playing, check out our casino promos for exciting ways to boost your balance.
How to Make a CAD Withdrawal
To withdraw funds from your Stake account , you’ll need to make sure you have provided relevant ID documentation to satisfy our requirements for making a CAD withdrawal. You need KYC Level 2 before proceeding, which requires submitting one of the following documents:
International Passport
National ID Card (both sides)
Driving License (both sides)
It’s important to remember that you can only make withdrawals using a banking method you have previously used to deposit funds.
To withdraw funds, click on your wallet and toggle to the withdraw page. Enter your desired amount, select Interac, then click the green withdraw button to be transferred to the third-party website to complete the transaction.
Transfer times can vary depending on the processing times of different institutions. Interac transactions may take up to 3 business days.
Additional Support Services
If you are struggling with any of these processes, we offer a range of resources to assist you. First, you can visit our Stake Help Centre for comprehensive articles covering most FAQs from our Stake customers.
You can also use our live chat function when logged into your account to speak with a customer service team member directly or email the team at support@stake.com, though it's worth remembering that it can take a little longer to get an email response.
The Stake Blog is another wealth of knowledge for our players, offering handy how-to guides covering a range of topics such as how to play slots, what cryptocurrencies are available for Stake players, plus a bunch of other information regarding our best games and sports betting tips.
