How to Deposit Chinese Yuan (CNY)
How to deposit Chinese Yuan (CNY) on Stake.com - Quick deposit & withdraw guide
Join Stake to play all your favourite games and bet on the biggest upcoming sporting events. After signing up, you’ll need to add funds to your account, which is available through a variety of currencies and payment options. Alongside cryptocurrency, you can deposit and bet with Chinese Yuan (CNY). Payments at Stake are fast and secure, regardless of which option you choose. In this guide, we’ll explain how to deposit and withdraw using CNY at Stake.
Overview of the Chinese Yuan deposit process
To play games at Stake Casino and enjoy placing bets at Stake Sportsbook, you’ll need to sign up and fund your account. The process of depositing Chinese Yuan is straightforward, but you’ll need to complete a few requirements first:
You’ll need to verify the mobile and email address that you used when signing up at Stake.
You should start the second stage of the verification process by uploading your ID.
Make sure you’ve enabled local currency payments in your Stake wallet, and select CNY.
If at any point you’d like to change the local currency you use, you’ll have to show proof of a change in location.
How do I deposit CNY (RMB) into my Stake wallet?
The RMB deposit process at Stake couldn’t be easier, with just a few steps to follow in order to add funds to your account. The process is handled through iCash.one, allowing you to pay with an existing code or purchase an iCash voucher to make your deposit.
Follow these steps to deposit CNY to your Stake wallet:
Sign up at Stake or log in using your credentials if you already have an account.
Complete KYC level 1 by verifying your email address and mobile number. Start the second stage of the KYC process by uploading your ID. More details on the KYC process are available in our guide.
Open your Stake wallet, choose the deposit option and select CNY.
Choose iCash.One as your deposit method and enter the amount you’d like to deposit between the minimum of 50 and the maximum of 5,000.
On the iCash.one website, you can either enter your iCash.one code and click Pay, or click on Get it here to purchase a voucher from a verified reseller.
Once confirmed, your deposit will be processed instantly.
How to make a withdrawal using Renminbi?
You can withdraw at any time, as long as you have sufficient funds to cover the minimum withdrawal amount and your account Identity Verification is complete. Follow these steps to make a withdrawal using Renminbi at Stake:
Open Stake on your device and sign in to your account.
If you haven’t already done so, open the KYC page and check that your ID has been confirmed.
Open your Stake wallet and select the withdraw option.
Choose iCash.one as your withdrawal method and enter how much you’d like to withdraw between the minimum of 50 and the maximum of 5,000.
After the withdrawal has been confirmed, it will take up to 24 hours to process.
Once processed, you should receive an email to your Stake account email address.
If it’s your first withdrawal, you’ll receive a confirmation email to verify your address. After verifying, you’ll receive an iCash.one voucher code.
Redeem your iCash.one voucher code with a local seller to receive funds using local payment methods.
Additional support services on Stake.com
The payment process is designed to be as simple as possible, but if you have any issues or questions, you can find answers in the Help Center . Or get in touch with our customer support team, who are available 24/7.
For additional resources and guides, check out the Stake blog. You can find how-to guides for multiple games and sports betting, as well as information on choosing cryptocurrency, storing crypto safely and secure payment methods.
As you place bets on Stake, avoid betting more than you can afford to lose. Follow the responsible betting guidelines and find out more about the tools and resources available on the Stake Smart page.
