Stake Adds Support for Philippine Pesos, Expanding Local Payment Options

The popular online crypto casino and sportsbook platform Stake has made it easier for Filipino players to transact on their website. The company has added support for the Philippine peso (PHP), allowing users to make deposits and withdrawals in local currency.

This change is a significant step towards making online gaming more accessible to people in the Philippines. Instead of relying on cryptocurrencies or foreign currencies, users can now use their familiar banking channels to fund their accounts and withdraw winnings. The process is straightforward: after logging into the platform, users can select the PHP deposit option, generate a QR code, and scan it using a supported Philippine banking application.

The minimum deposit amount for PHP is PHP 100 (approximately USD $1.62), making it easy for casual players to get started without committing large amounts of money at once. Withdrawals are also available in PHP, with a range of PHP 500 to PHP 50,000 per transaction. Stake supports transactions through major Philippine banks like BDO, BPI, and Metrobank.