{"id":1360,"date":"2022-10-06T07:01:52","date_gmt":"2022-10-06T07:01:52","guid":{"rendered":"https:\/\/digitalcoinprice.com\/blog\/?p=1360"},"modified":"2023-04-03T07:21:54","modified_gmt":"2023-04-03T07:21:54","slug":"stake-adds-11-new-cryptocurrencies","status":"publish","type":"post","link":"https:\/\/digitalcoinprice.com\/blog\/stake-adds-11-new-cryptocurrencies","title":{"rendered":"Stake.com Casino Adds 11 New Cryptocurrencies in August"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_73 counter-flat ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Content<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #223c50;color:#223c50\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #223c50;color:#223c50\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/digitalcoinprice.com\/blog\/stake-adds-11-new-cryptocurrencies\/#The_Growth_of_Stakecom\" title=\"The Growth of Stake.com\">The Growth of Stake.com<\/a><\/li><li class='ez-toc-page-1'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/digitalcoinprice.com\/blog\/stake-adds-11-new-cryptocurrencies\/#Which_Crypto_Does_Stake_Support_Today\" title=\"Which Crypto Does Stake Support Today?\">Which Crypto Does Stake Support Today?<\/a><\/li><li class='ez-toc-page-1'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/digitalcoinprice.com\/blog\/stake-adds-11-new-cryptocurrencies\/#Popular_Stablecoins_Supported_by_Stakecom\" title=\"Popular Stablecoins Supported by Stake.com\">Popular Stablecoins Supported by Stake.com<\/a><\/li><li class='ez-toc-page-1'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/digitalcoinprice.com\/blog\/stake-adds-11-new-cryptocurrencies\/#Meme_Tokens_on_the_Stakecom_Website\" title=\"Meme Tokens on the Stake.com Website\">Meme Tokens on the Stake.com Website<\/a><\/li><\/ul><\/nav><\/div>\n<p><span style=\"font-weight: 400;\">The online gaming industry has grown tremendously over the past few years. This market is expected to expand even further at an <\/span><a href=\"https:\/\/www.statista.com\/statistics\/1202503\/global-cryptocurrency-user-base\/\" target=\"_blank\" rel=\"nofollow noopener\"><span style=\"font-weight: 400;\">annual rate of 10.9%<\/span><\/a><span style=\"font-weight: 400;\"> between 2022 and 2028. The online betting market was valued at approximately USD$61.5 Billion in 2021, which could double by the end of 2028.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Today, more people prefer online casinos over their brick-and-mortar counterparts. Many factors can be attributed to this change, but one that stands out is the increasing adoption of technology. For instance, service providers have embraced modern software features to improve the user experience. They do this to match or even surpass the experience offered by physical casinos.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Another huge contributor to the growth of online gambling is the convenience of digital payment methods. For one, the introduction of crypto to the online gaming community has had a tremendous impact on the industry. In fact, a significant portion of crypto transactions today are gambling-related. This has pushed gambling sites to invest more in crypto-based payment methods.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">It has been a big month in the crypto world as the leading online gambling platform Stake.com announced 11 new cryptocurrencies.<\/span> <a href=\"https:\/\/stake.com\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Stake casino supporting 19 cryptocurrencies<\/span><\/a> <span style=\"font-weight: 400;\">in total is a big change from the 8 cryptocurrencies that have been the mainstay for 5 years.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Keep reading the article to learn about the new 11 cryptocurrencies introduced on Stake\u2019s platform.\u00a0<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"The_Growth_of_Stakecom\"><\/span>The Growth of Stake.com<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Stake has grown in leaps and bounds over the past five years. Since its debut year, 2017, the company has attracted a wide range of users worldwide. Today, it boasts of over five million registered users and handles billions of transactions annually.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This crypto-betting provider is a beneficiary of the new trends in the gambling industry. As mentioned earlier, more people today are opting for online betting rather than visiting a physical casino. The purchasing power of gamblers has also increased due to the rise in disposable income.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The Curacao-headquartered company has also taken advantage of <\/span><span style=\"font-weight: 400;\">online gambling market opportunities<\/span><span style=\"font-weight: 400;\"> in the sports betting segment. Online betting currently leads other markets in the industry. If recent projections are anything to go by, this segment could generate over USD$21.4 million in global sales by 2025.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Over the past few years, Stake.com has constantly looked for ways to penetrate the sports industry. For instance, in 2021, the company became the official betting partner of the Ultimate Fighting Championship (UFC). The same year, it struck a deal with Watford FC to become the club\u2019s main sponsor. In 2022, Everton also joined Stake\u2019s growing sponsorship portfolio. Partnerships with the likes of Sergio Aguero and Israel Adesanya are other indications of Stake\u2019s commitment to attracting more sports bettors.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Since it prides itself as one of the world\u2019s crypto gambling giants, Stake is always looking to enhance its crypto betting platform. The most recent change is the adoption of 11 new digital currencies. Given the <\/span><a href=\"https:\/\/www.statista.com\/statistics\/1202503\/global-cryptocurrency-user-base\/\" target=\"_blank\" rel=\"nofollow noopener\"><span style=\"font-weight: 400;\">190% increase in crypto&#8217;s user base<\/span><\/a><span style=\"font-weight: 400;\"> between 2018 and 2020, you can see why the company decided to make this move.\u00a0<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Which_Crypto_Does_Stake_Support_Today\"><\/span>Which Crypto Does Stake Support Today?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Stake currently supports 19 cryptocurrencies, up from the eight that were used before. Bitcoin has dominated Stake\u2019s crypto usage in the past few years despite its recent dip in value. Another popular name that was already on Stake\u2019s website is Ethereum (ETH). Here is the initial list of the eight digital currencies supported by the betting platform:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Bitcoin (BTC)<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Ethereum (ETH)<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Dogecoin (DOGE)<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Litecoin (LTC)<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Bitcoin Cash (BCH)<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">EOS (EOS)<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Tron (TRX)<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Ripple (XRP)<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">The crypto gambling giant added 11 more cryptocurrencies to this growing list in August 2022. Here are other altcoins you can now use to bet on Stake.com:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">ApeCoin (APE)<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Tether (USDT)<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Uniswap (UNI)\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Binance Coin (BNB)\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Binance USD (BUSD)\u00a0\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Dai (DAI)\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Shiba Inu (SHIB)<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Chainlink (LINK)<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The Sandbox (SAND)<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Polygon (MATIC)<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">USD Coin (USDC)\u00a0<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">This list contains some of the <\/span><a href=\"https:\/\/money.usnews.com\/investing\/cryptocurrency\/slideshows\/what-is-the-best-stablecoin-list\" target=\"_blank\" rel=\"nofollow noopener\"><span style=\"font-weight: 400;\">most popular stablecoins<\/span><\/a><span style=\"font-weight: 400;\"> and a few lesser-known digital currencies.\u00a0<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Popular_Stablecoins_Supported_by_Stakecom\"><\/span>Popular Stablecoins Supported by Stake.com<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">A stablecoin is a cryptocurrency linked to assets such as metal, fiat, or other digital currencies. The main reason why more people are buying them today is their low volatility. For instance, the dollar-backed coins tend to maintain a 1:1 match with the current US dollar price. Their value has always remained more or less the same since the USD is a stable currency.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u00a0So, what are some of the stablecoins you can try on Stake\u2019s betting platform?\u00a0<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b><i>Tether (USDT)<\/i><\/b><span style=\"font-weight: 400;\">: This is the most popular stablecoin with a <\/span><a href=\"https:\/\/digitalcoinprice.com\/\"><span style=\"font-weight: 400;\">market capitalization<\/span><\/a><span style=\"font-weight: 400;\"> of USD$67.95B and a stable price of approximately USD$1.<\/span><\/li>\n<\/ul>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b><i>USD Coin (USDC)<\/i><\/b><span style=\"font-weight: 400;\">: It\u2019s the second largest stablecoin with a market cap of USD$49.79B<\/span><\/li>\n<\/ul>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b><i>Binance USD (BUSD)<\/i><\/b><span style=\"font-weight: 400;\">: It has a market cap of USD$20.51B<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b><i>Dai (DAI)<\/i><\/b><span style=\"font-weight: 400;\">: It\u2019s crypto-backed and is valued at USD$6.93B<\/span><\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"Meme_Tokens_on_the_Stakecom_Website\"><\/span>Meme Tokens on the Stake.com Website<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Meme coins are cryptocurrencies inspired by memes and internet jokes. As trivial as that may sound, they\u2019ve actually grown to become some of the most used and high-valued digital currencies.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">You can now bet on Stake.com using two of the strongest meme coins, <\/span><a href=\"https:\/\/digitalcoinprice.com\/coins\/dogecoin\"><span style=\"font-weight: 400;\">Dogecoin<\/span><\/a><span style=\"font-weight: 400;\"> (DOGE) and Shiba Inu (SHIB). DOGE is the 10<\/span><span style=\"font-weight: 400;\">th<\/span><span style=\"font-weight: 400;\"> most popular crypto with a market capitalization of USD$8.04B. On the other hand, SHIB is the second largest meme coin boasting a market cap of USD$5.95B. It was born on August 1, 2020, and introduced to the market to rival its meme counterpart, DOGE.\u00a0<\/span><\/p>\n<p><strong>Conclusion<\/strong><\/p>\n<p><span style=\"font-weight: 400;\">Cryptocurrency gambling has become one of the most popular online activities in this digital age. Stake\u2019s decision to take advantage of such trends has contributed to its tremendous growth over the past few years. The crypto betting giant introduced eleven digital currencies in August 2022 to tighten its grip on the online gaming market.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Tether, USD Coin, Binance USD, and Dai are some of the stablecoins currently supported by Stake.com. It&#8217;s worth noting that some of these cryptocurrencies have a similar market price because they\u2019re backed by the US dollar.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The company also added a second meme coin, Shuba Inu, to its collection. Other new altcoins now accepted on the website include Uniswap, the Sandbox, Polygon, Chainlink, ApeCoin, and Binance Coin.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The online gaming industry has grown tremendously over the past few years. This market is expected to expand even further at an annual rate of 10.9% between 2022 and 2028. The online betting market was valued at approximately USD$61.5 Billion in 2021, which could double by the end of 2028.\u00a0 Today, more people prefer online [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1361,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[],"class_list":["post-1360","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-reviews"],"_links":{"self":[{"href":"https:\/\/digitalcoinprice.com\/blog\/wp-json\/wp\/v2\/posts\/1360","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/digitalcoinprice.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/digitalcoinprice.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/digitalcoinprice.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/digitalcoinprice.com\/blog\/wp-json\/wp\/v2\/comments?post=1360"}],"version-history":[{"count":3,"href":"https:\/\/digitalcoinprice.com\/blog\/wp-json\/wp\/v2\/posts\/1360\/revisions"}],"predecessor-version":[{"id":2661,"href":"https:\/\/digitalcoinprice.com\/blog\/wp-json\/wp\/v2\/posts\/1360\/revisions\/2661"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/digitalcoinprice.com\/blog\/wp-json\/wp\/v2\/media\/1361"}],"wp:attachment":[{"href":"https:\/\/digitalcoinprice.com\/blog\/wp-json\/wp\/v2\/media?parent=1360"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/digitalcoinprice.com\/blog\/wp-json\/wp\/v2\/categories?post=1360"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/digitalcoinprice.com\/blog\/wp-json\/wp\/v2\/tags?post=1360"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}