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Topic: Stake.com does not deem crypto earnings as legal - page 4. (Read 796 times)

hero member
Activity: 1246
Merit: 699
I just found out about this from you, OP. how come crypto casinos don't recognize crypto income as you do?

it will make you uncomfortable if you do not succeed in verifying your claim. funny if what is considered legitimate is only income from mining.
I know this is Stake's policy. but, even the local exchange I use also accepts crypto income like trading. does not intend to further interfere with the rules established by Stake. but it looks like this certainly needs clarification.
hero member
Activity: 1778
Merit: 709
[Nope]No hype delivers more than hope
If they start to distrust you, close the account, go somewhere else. I think their rules starting to give you this kind of special attention will lead you to the verification procedure to the next level of complication. Don't mean to go against Stake's policy, to me it's already not very comfortable to bet long term for any casino.
legendary
Activity: 3318
Merit: 1247
Bitcoin Casino Est. 2013

2 consecutive days of stake attacking threads, doesn't that sound coordinated?

I have somewhat the same issue though with my local crypto wallet that asked my source of funds, they don't accept earnings from online employment agreement which they prefer to look into a salary record with my IDs on it. Maybe they are just complying what government told them. I uninstalled that wallet after it.

Same with me from Cex.io located in UK,we don't consider earnings from different websites as valid source of income,also I sent them proof of mining and they ignored that too by claiming to not be valid while I sent them,pictures and videos,something which I regret deeply as I invaded my privacy by doing this.

However regarding Stake I have seen people withdraw huge amounts of money in Stake without problems,I know Stake is the top casino at the moment with huge offerings and bonuses and most likely that is why only newbie accounts start threads about having issues with them.

I think the best would be to offer legal proof as mentioned above in order to clear all doubts,I think Stake has a huge budget and does not care for any amount if proven validity of what are they requiring.
legendary
Activity: 3542
Merit: 1965
Leading Crypto Sports Betting & Casino Platform
Well, most of your "Brick n Mortar" casinos will also not recognize Crypto earnings as "legal" income, because it does not reflect on a "Pay slip" from a company that can be validated. The paper trail must lead to some legitimate company that can be verified to confirm that it is from a legal source.  Roll Eyes

I think the "Verification team" are some old school auditors that work with Fiat "rules" and "regulations" to guide them in determining what "legal" documents are for "Proof of funds"  Roll Eyes
hero member
Activity: 3178
Merit: 977
www.Crypto.Games: Multiple coins, multiple games
This is a weird case. It's tough to believe Stake not recognising crypto earnings just like some of the posters above mentioned op which is why proper proof is the only way to clear all of these doubts completely.

If you manage to legitimise your claims, Stake would definitely need to clarify themselves in this case since it's ironic that a crypto casino wouldn't recognise crypto earnings.
legendary
Activity: 1358
Merit: 1565
The first decentralized crypto betting platform
I have asked support and they have confirmed that they do not deem any crypto earnings as legal and valid source of income apart from income made through mining.

Can you provide proof of that? A screenshot or something? I find that hard to believe, and if any kind of proof other than mining is going to be considered illegal and they're going to block your funds, what they're doing is stealing. I say this hypothetically because I find it hard to believe what you are saying and even more so when it comes to Stake who has been on the forum for a long time.

If it's worth claiming (either fund wise or spite wise) have you checked to see if you can file a tax return and if they'll accept one. From what I've read about proof of earnings for the UK, it looks like the second most document that's used for things like this (the first being letters of proof from a person's employer).

That’s correct. If the amount worth it then he could probably go for notarised documentation duly signed by legal representative. This is also one of the solid proof for such work and it adds up the legality since it is witnessed in front of the legal which is far more strict.

The problem I see here is that they will want to see proof of funding in cryptocurrencies. It won't be enough to submit that you earn a certain amount of fiat money with a regular job if you don't have some way of proving that you have moved it into cryptocurrencies, and the OP says he earns those cryptocurrencies for doing certain tasks, I understand without a contract or invoice.
full member
Activity: 1092
Merit: 227
If it's worth claiming (either fund wise or spite wise) have you checked to see if you can file a tax return and if they'll accept one. From what I've read about proof of earnings for the UK, it looks like the second most document that's used for things like this (the first being letters of proof from a person's employer).

That’s correct. If the amount worth it then he could probably go for notarised documentation duly signed by legal representative. This is also one of the solid proof for such work and it adds up the legality since it is witnessed in front of the legal which is far more strict.

At least in my country that would be far better proof. When it comes to the employer proof well that can mix up with your personal life a bit and everyone might get buzz that we gamble and shit. Just making point here nothing else. If OP really wants to get over this then they have to follow the stake rules I guess.
copper member
Activity: 2856
Merit: 3071
https://bit.ly/387FXHi lightning theory
If it's worth claiming (either fund wise or spite wise) have you checked to see if you can file a tax return and if they'll accept one. From what I've read about proof of earnings for the UK, it looks like the second most document that's used for things like this (the first being letters of proof from a person's employer).
newbie
Activity: 18
Merit: 0

2 consecutive days of stake attacking threads, doesn't that sound coordinated?

I have somewhat the same issue though with my local crypto wallet that asked my source of funds, they don't accept earnings from online employment agreement which they prefer to look into a salary record with my IDs on it. Maybe they are just complying what government told them. I uninstalled that wallet after it.

I am telling my problem and I still love stake but they should change their terms
hero member
Activity: 2800
Merit: 595
https://www.betcoin.ag

2 consecutive days of stake attacking threads, doesn't that sound coordinated?

I have somewhat the same issue though with my local crypto wallet that asked my source of funds, they don't accept earnings from online employment agreement which they prefer to look into a salary record with my IDs on it. Maybe they are just complying what government told them. I uninstalled that wallet after it.
newbie
Activity: 18
Merit: 0
Hello friends, I am a platinum 4 player at stake.

Today my account was suspended and I was asked to submit proof of funds as I am already verified upto level 3 and proof of funds comes in as level 4

I have asked support and they have confirmed that they do not deem any crypto earnings as legal and valid source of income apart from income made through mining. This means if you are a service provider, a seller or simply a trade you cannot provide proof of funds at stake as they only deem mining earnings as legal and everything else is illegal and invalid.

So if you have money at stake.com and you don't have any of these ready (https://help.stake.com/en/articles/5328395-acceptable-documents-for-source-of-funds) , please withdraw your money right now.

It is really confusing why stake is disrespecting people who work hard and earn their money from small crypto tasks

https://i.imgur.com/GYTC70i.png

I earn my money from trading, selling some services and sometimes airdrops and stake tells me I am invalid
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