Quote from: adaseb on November 03, 2019, 06:49:57 AM

Quote from: panjul07 on November 02, 2019, 01:37:56 PM

Quote from: Battareus on November 02, 2019, 01:00:50 PM

Quote from: iMark on November 02, 2019, 12:50:23 PM

Hello I want to ask something, Can I exchange my balance (BTC) into LTC, Doge, etc to play in Stake?

Thanks

Of course, you need to go to the Cashier which can be accessed by clicking on your username then select Vault there and in the drop-down lists select what to exchange for. But its easier to make a deposit in the coin which you will play.

It means that you do not understand what is Vault for. Vault is not a feature to exchange coins, but it is like a bank for player where players can store their balance. If he want to exchange then he should use the exchange feature not the vault.
@iMark be sure that you understand how to use the exchange feature at stake first as it is a bit different. In case you want to convert your BTC to LTC on your account then you should copy your LTC deposit address first as it is not like an automatic exchange where you can exchange your coin to other coins directly.

I am surprised there is no explanation of what the vault is on the website, I've searched and couldn't find anything. I think the main reason why the vault was created was probably due to clicking accidentally "MAX" or having some messed up bot which would keep betting your balance until the entire account went bust.

At first most players don't understand the use for it, and they certainly don't use it. I mean your BTC is still with the website and not in your possession, then what is the point. But if you have been playing on these sites for years you will see that you can easily make huge mistakes and its better to either put it in the vault or just keep it offline somewhere.

I was one of the victims of accidently clicking MAX BET and then clicking roll and ended up going bust and I also had issues with custom coded bots which would basically either not work properly or wouldn't work as expected and the Vault options actually helped. Because it protected most of the balance on the account. If it wasn't for the vault I would probably have to keep sending it back and forth on the BTC network and pay lots in transaction fees.

Vault is a big thing with Stake, automatically when we keep on losing we'll go for doubling and recovering back the loss. Most of the time we fail in it, if the entire fund was in the wallet we'll end up losing everything. Now with the vault it is possible to hold the funds in the vault and withdraw only what is essential to spend. Also for withdrawal from the vault you're supposed to confirm through the mail which also shows the high security of deposit in the vault.