Stake.us Gold Coins: What Are They and How Do They Work?

Mike McKean
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Last Updated on Thu Mar 06 2025
Reviewed By: James Leeland

Stake.us Gold Coins (GC) are a virtual currency that you can use to play slots and casino-style games for fun on this sweepstakes casino website. Their counterpart is Stake Cash (SC) which works in a slightly different way.Stake.us Gold Coins: What Are They and How Do They Work?

You’ll get your first lot of Gold Coins for free when you register with the promo code ‘DEADSPIN’. This code provides an exclusive no deposit welcome offer that consists of 260,000 GC + 55 SC and a 5% rakeback. In this guide I’ll take you through these virtual currencies and give you the lowdown on the limitations of Gold Coins.Stake.us Gold Coins: What Are They and How Do They Work?

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Signup Promo
4.6/5
55 SC + 260K GC + 5% Rakeback
Exclusive Stake Originals
Stunning live casino
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T&Cs and 18+ apply

Stake.us Gold Coins: What Are They and How Do They Work?

Let’s begin with an overview of the pros and cons of the Gold Coin currency you can use to play the casino-style games on this site:

  • 260,000 Gold Coins FREE with code ‘DEADSPIN’
  • Play casino-style games for fun
  • Play for free with optional purchases
  • Usable on all 600+ games
  • Not redeemable

Stake.us Gold Coins: What Are They and How Do They Work?

Gold Coins (SC) is the main virtual currency that you can use to play 600+ slots and casino-style games in “Standard Play” mode. They are entertainment-only coins, meaning that you can use them to play games, but that they cannot be exchanged, traded, or redeemed.

You can collect Gold Coins from promotions, starting with the exclusive welcome offer, which gives you 260,000 GC right away. Alongside those you’ll also get 55 Stake Cash, plus a 5% rakeback on your virtual currency losses, by using the promo code ‘DEADSPIN’. Beyond that, there’s a daily reload, and many other promotions.

Stake.us Gold Coins: What Are They and How Do They Work?

Whenever you have some Gold Coins (GC) in your account you can use them to play any of the 600+ casino-style games on this sweepstakes platform. The games lobby here is quite diverse and covers the following genres:

  • Slots
  • Table games
  • Live dealers
  • Provably fair Stake Originals
  • Poker
  • Scratch cards

Stake.us Gold Coins: What Are They and How Do They Work?

Gold Coins have no monetary value but you do have the option to buy Gold Coins in predefined bundles on the platform. They have no real-world value away from the site, which is why they cannot be exchanged or redeemed. In other words, there is no way to convert Stake Gold Coins to USD.

That being said, there is a second virtual currency that you can use to play casino-style games; Stake Cash (SC). As we will see below, this is a virtual currency that you use to play promotional sweepstakes games where your winnings can be redeemed for real money prizes.

Stake.us Gold Coins: What Are They and How Do They Work?

In order to fully explain what Gold Coins are on Stake.us, we also have to look at the other virtual currency, Stake Cash (SC). Here are two bullet points to quickly explain the difference:

  • Gold Coins (GC) can be bought in packages but cannot be redeemed for prizes or exchanged – GC can only be used in “Standard Play” for entertainment purposes.
  • Stake Cash (SC) can be used to play casino-style games in “Promotional Play” mode, meaning that if you win and meet the wagering requirements, you can redeem your SC for real prizes at the rate of 1 SC = $1.00.

Stake.us Gold Coins: What Are They and How Do They Work?

Here is a table that quickly compares the main properties of GC and SC as virtual currencies:

Gold Coins (GC)Stake Cash (SC)
Standard Play:Yes ✅No ❌
Promotional Play:No ❌Yes ✅
Free with promotions:Yes ✅Yes ✅
Available for purchase:Yes ✅No ❌
Redeemable for cash prizes:No ❌Yes ✅

Stake.us Gold Coins: What Are They and How Do They Work?

With our Stake.us promo codes (‘DEADSPIN’), you can get an exclusive welcome offer of 55 SC + 260k GC + 5% rakeback.

Sweepstakes Casino:Stake.us
Exclusive Offer:55 SC + 260k GC + 5% rakeback
Promo code:‘DEADSPIN’
Purchase/deposit required:No ❌
Social Casino
Signup Promo
55 SC + 260K GC + 5% Rakeback
Get Bonus
T&Cs and 18+ apply
Wagering (WR)
3x
Min. Purchase Amount
Cashable
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Daily Bonus
March Special: 10K Gold Coins, 1 SC
Get Bonus
T&Cs and 18+ apply
Wagering (WR)
Min. Purchase Amount
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25x 5 SC
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T&Cs and 18+ apply
Wagering (WR)
3x Bonus
Min. Purchase Amount
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Stake.us Gold Coins: What Are They and How Do They Work?

Here’s how you can use our promo code to get your free coins:

  1. Click the link to go to the Stake.us website
  2. Click “Register”
  3. Enter your email
  4. Create a username & password
  5. Select your state (Not available in WA, VT, NY, NV, MI, ID & KY)
  6. Enter your D.O.B (Age limit: 21+)
  7. Open the “Code” dropdown arrow
  8. Enter the promo code ‘DEADSPIN’
  9. Click “Continue”
  10. Read and accept the T&Cs
  11. Verify your ID by uploading documents (photo ID and proof of address)
  12. Get your 260k GC + 55 SC + 5% rakeback

Stake.us Gold Coins: What Are They and How Do They Work?

Firstly, we should remind you that you can collect free GCs through the welcome offer described above, daily reloads, other on-site promotions like tournaments and slot races, or social media promotions. This means that you can continuously play without making a purchase unless you want to.

Stake.us offers a number of different GC packages with prices starting at $5.00. Here are a few of those to give you an idea.

GC Bundles PriceWhat You Get
$20.00200k GC + 20.1 SC FREE
$30.00300k GC
$50.00500k GC + 50.25 SC FREE
$100.001 million GC + 100.5 SC FREE
$200.002 million GC + 201 SC FREE
$300.003 million GC + 301.5 SC FREE

Stake.us Gold Coins: What Are They and How Do They Work?

  1. Log into your account
  2. Navigate to the “Wallet”
  3. Click on the “Buy Gold Coins” button
  4. Select the package you wish to buy (see list and prices above)
  5. Choose your preferred payment method
  6. Copy the payment address
  7. Paste it into your crypto wallet
  8. Complete the transaction and get your GC bundle instantly

Stake.us Gold Coins: What Are They and How Do They Work?

This is an area that understandably confuses a lot of potential players, but you can’t redeem GC, trade them, or exchange them and you cannot Stake.us Gold Coins: What Are They and How Do They Work?convert Gold Coins to Stake Cash either.

Stake Cash is the virtual currency that you can redeem if you win games and comply with the x3 playthrough requirement. Below are the SC redemption T&Cs.

Redemption ratio:1 SC = 1 USD
Redemption methods:Cryptocurrency
SC playthrough requirement:3x
Min. redemption:5 SC
Max. redemption:N/A*

*In Florida the max SC redemption is $5,000, but this doesn’t apply in other states.

Stake.us Gold Coins: What Are They and How Do They Work?

  1. Log into your account
  2. Go to your “Wallet”
  3. Click “Redeem”
  4. Choose how many SCs you want to redeem
  5. Select your cryptocurrency of choice
  6. Paste your wallet address
  7. Confirm your redemption request
  8. Wait for your request to be approved

Stake.us Gold Coins: What Are They and How Do They Work?

In conclusion, Gold Coins (GC) don’t have any monetary value, meaning that you cannot exchange them, trade them, or redeem them for prizes. However, what you can do is use them for fun-based gameplay on Stake.us, where over 600 casino-style titles are available.

Their counterpart, Stake Cash (SC) is the promotional currency that is redeemable for prizes if you win. And it’s important to make the distinction between the two virtual currencies before you sign up.

Speaking of signing up, the first chance you get to grab some free GCs is in the registration form if you use the promo code ‘DEADSPIN’. This unlocks an exclusive welcome bonus consisting of 260,000 GC + 55 SC and 5% rakeback.

Social Casino
Signup Promo
4.6/5
55 SC + 260K GC + 5% Rakeback
Exclusive Stake Originals
Stunning live casino
Over 700 slot games
Play now
T&Cs and 18+ apply

Stake.us Gold Coins: What Are They and How Do They Work?

Stake.us Gold Coins: What Are They and How Do They Work?

You can use your Gold Coins at Stake.us to play slots and other casino-style games on the site for entertainment purposes. Unlike their counterpart, Stake Cash, Gold Coins cannot be redeemed for prizes.

Stake.us Gold Coins: What Are They and How Do They Work?

No Gold Coins are not worth anything away from the Stake.us platform. They have no monetary value and cannot be traded or exchanged, however, they can be purchased in packages. Check out our Stake.us reviews here at deadspin.com for more information.

Stake.us Gold Coins: What Are They and How Do They Work?

No, Gold Coins (GC) are not real money, they are virtual coins that you can only use on the Stake.us sweepstakes casino. If you win games, you cannot exchange or redeem GC. On the other hand, Stake Cash, which is the Stake.us promotional currency, can be redeemed for real-life prizes if you win games and meet the 3x playthrough requirement.

Stake.us Gold Coins: What Are They and How Do They Work?

While you can purchase Gold Coins at Stake.us with cash, you cannot turn them into cash. The redeemable currency at Stake.us is “Stake Cash”, abbreviated to “SC”. For more information on the difference between the two on-site virtual currencies, check out this article at deadspin.com.

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Stake.us Gold Coins: What Are They and How Do They Work?