MyStake Withdrawal Guide: Withdrawal Times, Options, Fees & More

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Published: Jun 6, 2024 - Last Updated: Jun 7, 2024

You have signed up for a MyStake account, played your favourite games and have been fortunate enough to land some winnings. Now you want the MyStake withdrawal process to be as smooth as possible so that you can get hold of your hard earned cash. That is why we have created this in-depth guide – read on so that you know exactly what to do.

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MyStake withdrawal guide featured image

Your MyStake withdrawal options

Like most top crypto casino sites, MyStake offers you a variety of ways in which you can withdraw your well-deserved winnings. Generally, the methods you use for MyStake deposits  can also be used to process withdrawals; an exception to this is with prepaid cards. In this case, you will need to send your winnings via another method, such as an e-wallet or directly to your bank account.

If you have won using funds from your welcome bonus, also remember that you will have to wager this a certain number of times before it is eligible to be withdrawn.

MyStake Withdrawal Methods

As touched on above, players at MyStake have a range of options with which to withdraw. This may vary slightly depending on the country that you are playing from, but options include:

We strongly recommend looking at the pros and cons of each before deciding on which option is best for you – consider the processing time and any associated fees. As a general rule, players at MyStake enjoy the security and speed of crypto payment options, of which there are multiple.

How to withdraw from MyStake

Withdrawals are easy to carry out on MyStake, which is exactly what you want after a session playing your favourite games. Here’s a quick overview of what you need to do:

  1. Go to the cashier section: Here, you will see the Withdraw tab. Click this.
  2. Pick your withdrawal method: This may be pre-selected as your deposit method. However, you may get the option to pick another withdrawal method, depending on your location. If so, you may have to enter some more financial information or confirm MyStake verification.
  3. Enter how much you wish to withdraw and submit your payout request: Now, just wait for MyStake to process your request, and you should quickly find the money back in your account. Simple.

Are there any MyStake withdrawal fees?

No, there are no transaction fees levied by MyStake when you make a withdrawal. Bear in mind that there may be fees for crypto users that come from verifying your transaction on the blockchain, so always confirm this before proceeding with the transaction.

Screenshot showing the MyStake account summary

Understanding MyStake withdrawal limits

You must withdraw a minimum of $20 at a time at MyStake, though this can increase depending on which payment method you opt for. Your maximum withdrawal limits are $7,500 per week and $15,000 per month in your currency equivalent. The MyStake withdrawal limits are comparable to other similar betting sites and would only really come into play if you are fortunate to land a huge win.

MyStake withdrawal times explained

Your MyStake withdrawal times vary according to the payment method used. E-wallets are quickest and usually take less than 24 hours after processing. Crypto payouts obviously depend on network activity. But with even bank transfer payouts from MyStake being processed in just three working days, we can see that this brand is relatively fast at paying out. 

Ensuring Smooth MyStake Withdrawals

Though not everything is under your control when you go to make a MyStake withdrawal, there are multiple things that you can do to give yourself the best chance of a straightforward financial transaction.

One thing to note is the available payment methods in your country of residence. This is especially important if you are someone that travels a lot as it does often vary from country to country. Another piece of advice, is to familiarise yourself with the MyStake withdrawal process, so you know specifically what may affect you – such as the maximum weekly withdrawal – and then plan around it accordingly.

MyStake FAQs

Troubleshooting Common Withdrawal Issues

The most likely problem that you could come across with MyStake withdrawals is the processing time being longer than advertised. In this instance, we would suggest leaving it a slightly longer – perhaps a few hours – before then getting in touch with MyStake; this is recommended through the live chat feature and the agent will be able to advise on your specific case.

Your account summary will also always show the status of your funds and payment, so do always view this if you are waiting for money to hit your account – it may simply be a case of the casino or financial institution verifying the transaction. To pre-empt many problems, always double check all details before you submit your request – this includes the cash amount as well as the destination account details.

MyStake Withdrawals in Summary

This page has shown that making a MyStake withdrawal is everything you would want it to be: fast, secure and with varied options. So, if you are looking for how to withdraw from MyStake, following our guide will set you up nicely next time that you want to claim winnings after betting on some esports or casino games. As always, information around betting payment options changes over time, so do keep checking back to this page for the latest.

Open A New Account With MyStake And Get Up To €500 BONUS
1
mystake-logo
Up to €500 
Welcome Bonus
Esports Betting Section Covers a Wide Range of Titles
Esports Welcome Bonus
Bet Live on CS, Dota 2, League, Valorant, CoD, SC2
Luke Warr

Since: April 6, 2022

Luke is an esports content specialist, with in-depth knowledge and passion in Esports & iGaming markets, with over 5 years of experience in emerging technologies in relation to crypto, blockchain, AI and esportsbooks.

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