How to Deposit Korean Won (KRW)
How to Deposit Korean Won (KRW) on Stake.com - Guide for Users in Korea
Sign up at Stake to enjoy a huge range of online gambling options, including popular casino games and sports betting markets. Before placing any bets, you’ll need to add funds to your account. The payment process at Stake offers plenty of options, including local currencies and major cryptocurrencies. All payments are fast, secure and convenient, thanks to the latest technology. Korean players can even make deposits and withdrawals using Korean Won (KRW).
Essential pre-deposit checklist: verification and security
Making deposits with KRW at Stake couldn’t be easier, and will allow you to make the most of all the games at Stake Casino and betting options at Stake Sportsbook. Before you can make your first deposit, you'll need to complete identity verification and enable local currency payments. Follow these steps to get started:
Sign up at Stake, providing your mobile number and email address, then verify both.
Complete KYC Level 1 by entering your personal details, including your full name, date of birth and home address.
Complete KYC Level 2 by uploading a valid ID document, such as a passport, national ID or driver's licence.
Enable local currency payments in your Stake wallet and select KRW.
Before changing to a foreign currency, you'll need to show proof of a change in location.
How to easily deposit Won into my Stake wallet?
Once you’ve joined Stake, you’ll be able to play newly released games and bet on upcoming events. However, you’ll first have to deposit funds to your account. Here’s how to add Won to your Stake wallet:
Sign in to your account using your credentials or secure passkey.
Complete KYC Level 1 by entering your personal details, including your full name, date of birth and home address.
Complete KYC Level 2 by uploading a valid ID document as part of the KYC process. Accepted documents include a passport (front page only), national ID (both sides) or driver's licence (both sides).
Open your Stake wallet and select the deposit option before choosing KRW.
Select bank account as the deposit method and enter the amount you'd like to deposit between the minimum of 20,000 and the maximum of 2,000,000.
Send a bank transfer to the virtual account details shown.
After authorising the payment, the deposit will be credited to your account within 5 minutes.
How to make a withdrawal using KRW in Korea?
Withdrawing funds in KRW is just as simple as making a deposit. Provided your account has completed identity verification and you’ve got enough to cover the minimum withdrawal, you can cash out your funds at any time. Just follow these steps:
Open Stake and log in to your account.
Make sure you've completed KYC Level 1 (personal details) and KYC Level 2 (ID upload).
Open your Stake wallet and select the withdraw option.
Choose bank transfer as the withdrawal method.
Enter the amount you'd like to withdraw between KRW 30,000 and 2,000,000.
Provide your bank account name and account number, and select your bank.
Confirm the withdrawal request and wait for it to be processed, which can take up to 24 hours.
You can make up to 5 withdrawals every 24 hours at Stake.
Troubleshooting common KRW deposit Issues
If you have any issues at all while making KRW deposits at Stake, reach out to the customer support team. They’re always available and happy to help, but you can also find lots of useful articles in the Help Center.
For further information on how to use Stake, there are detailed guides on the Stake blog. These cover everything from secure payment methods and how to use local currencies to choosing the right cryptocurrency.
Managing your financial health and safer gambling
Regardless of which online casinos, currencies or payment methods you use, it’s important to keep your funds secure and be mindful of how much you spend. The Stake vault provides an additional layer of security to your funds, giving you peace of mind as you play.
Meanwhile, please follow our responsible gambling guidelines to stay Stake Smart. You can activate tools such as deposit limits, loss limits and more from your account if you exhibit gambling behaviour that worries you.
