As one of the leading bookmakers to adopt cryptocurrency in the sports betting industry, Stake.com knows a thing or two about generous welcome bonuses.

With Stake, new users can enjoy 200% on their first deposit, going as high as $1000. 

How quickly do you get your welcome bonus? Stake cherishes speed, and your bonus will be credited into your account within 24 hours of making your first deposit.

Note that you can make your deposit either via credits cards (through Moonpay) or cryptocurrency. A broad range of cryptocurrencies is supported here, running through Bitcoin, Ethereum, and Dogecoin. 

How to get a bonus

This bonus is only accessible when you register with this sportsbook. The Register button is conspicuously displayed on Stake's homepage, specifically at the top right corner. 

Clicking on this button triggers a window requesting you to input your personal information and financial details. If you don't fancy the rigors of typing out your data, you can quickly auto-fill the designated fields with data from your Google or Facebook account (provided you are logged in to that device). 

When you successfully fill in the needed details (including your email address), Stake will send an activation link to your email address or your specified phone number. 

Upon activating, Stake.com will reward you with 200% of your first deposit up to a maximum $1000 deposit. The minimum first deposit you can make on Stake is $100.

How to wager a bonus

This bonus has a wagering requirement of 40x before being eligible for withdrawal. Failure to fulfill this wagering requirement within a 30-day window leads to your bonus voided.

How to withdraw

Stake is a sportsbook driving crypto adoption in the betting space. Understandably, direct deposits via credit and debit cards are not accepted on Stake. 

Stake has an impressively broad spectrum of cryptocurrencies it accepts. Consequently, you have to convert your money to these coins before depositing on Stake.

The most popular cryptocurrencies used for transacting on Stake include Bitcoin, Ethereum, Tron, Litecoin, Ripple, and EOS.

Similarly, you can't make deposits from your Paypal wallet directly into your Stake account. The only medium would be paying from your Paypal into your crypto wallet. From there, you can move money into your wallet on Stake. 

In the same vein, you can't withdraw your earnings from Stake in traditional fiat currency. You can only withdraw earnings to your crypto wallet or as Bitcoin Cash.

Pros

Generous welcome bonus

Enticing bonuses and offers for existing customers

A massive number of cryptocurrency options allowed

No bonus codes required

Cons

Deposits only via crypto