Crypto payments on Stake are quick, but they punish carelessness. One wrong network, one pasted address missing a character, and you are no longer “depositing” – you are donating. Stake itself stresses that you must send coins only on supported networks so deposits credit correctly.
So what can you use? Stake lists more than 20 options, including Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Dogecoin (DOGE), Tron (TRX), Tether (USDT), USD Coin (USDC), Binance Coin (BNB), Solana (SOL) and Polygon (MATIC). For most Nigerians, the easiest day-to-day pick is a stablecoin – usually USDT or USDC – because it doesn’t swing like BTC or ETH when you’re just trying to move value in and out. And if you’re watching fees, coins like LTC and TRX can feel less painful.
To deposit
Here is the clean workflow. Treat it like a checklist:
- Verify your email and account – Stake requires verification before you can deposit.
- Open Wallet – Deposit, choose your coin, then copy the deposit address (or use the QR).
- Send funds from your wallet or exchange to that address, using the exact supported network for that coin.
To cash out
- Go to Wallet – Withdraw, pick the coin, and paste your destination address.
- If you’re withdrawing USDT, select the chain first (ERC20, BEP20, Polygon, TRC20, etc.) – Stake even notes the address prefixes (0x vs T) so you can sanity-check it.
- Enter the amount, note the minimum and fee, then confirm via 2FA, email code, or social-login re-verification depending on how your account is set up.
A practical Nigeria-friendly setup is this: buy USDT through a reputable exchange’s P2P market in Naira, withdraw it to Stake on a low-fee network you understand (TRC20 is common), and when you’re done, reverse the path back to the same exchange account. If you’re new, do a small test transfer first. It costs you a minute, and it can save you a week of regret.