Stablecoin Casinos: A New Way to Gamble with Crypto
Rachel Elam | November 24, 2023 | Updated on: November 24th, 2023
Stablecoins are cryptocurrencies that are designed to maintain a stable value relative to another asset, such as the US dollar, gold, or another crypto. They are often used as a hedge against volatility, a medium of exchange, and a store of value.
Best Stablecoin Casino Sites
-
24/7 live chat and telephone customer service
-
Play on any mobile and desktop device
-
Bitcoin supported
-
90% Cost coverage, no annual limit
-
Easy, straightforward claims process
-
No annual or lifetime limits
-
Great selection of casino games
-
Wide variety and selection of bonuses
-
All licensed vets are covered
-
Up to 90% reimbursement
-
VetConnect™ 24/7 helpline
-
Save 40% for eligible multiple bets
-
Great range of RTG slot machines.
-
Reliable and experienced gaming operator.
-
Networked RTG progressive jackpots.
-
Proven fair by TST
-
Mobile gaming abled
-
Downloadable Android app also available
-
Good selection of casino games.
-
Generous welcome bonus.
-
Accepts US Players.
-
Good Selection of Casino Games
-
Hosts Varied Live Dealer Games
-
Offers Generous Casino Bonuses
-
Quick cashouts with Bitcoin
-
24/7 live chat and email support
-
Play on the tablet, mobile, and desktop
-
Good selection of casino games.
-
Generous welcome bonus.
-
Accepts US Players.
-
Great selection of casino games
-
Wide variety of casino banking methods
-
Available to USA players
-
More than 200 casino games
-
Bitcoin boost adds 5% in bonus money
-
12. Mobile website compatible with all major devices including iOS and Android
-
Quality casino games
-
Great selection of bonuses and promotions
-
No withdrawal fees
-
Quick Payouts.
-
Easy to earn bonus
-
Free Bitcoin payouts and deposits.
-
Bitcoin-friendly
-
Customer support available
-
Live dealer casino games are available
-
47. Offers bonuses as high as $777 with a low staking limit
-
24/7 live chat, telephone, and email support.
-
All USA players accepted.
-
Best banking options
-
Great customer service
-
Top real money games
-
A large variety of casino games
-
24/7 live chat support
-
Instant play games
-
Player-friendly bonus.
-
Industry recommended casino with a long history of the first-class service.
-
6 figures in player cash-outs paid every week.
-
Free casino games available
-
Top banking options available
-
Live dealer games available
-
Best VIP program with great benefits.
-
Available in instant play and download.
-
24/7 support by US phone, live chat, or email.
-
A wide range of games on offer
-
Established Casino providing top service and security
-
Download and on-site games
-
Offers a wide variety of slot games.
-
High-quality games with big jackpots.
-
Accepts US players
-
24/7 customer support available
-
SSL encryption
-
Proven fair by TST
-
Proven fair by TST
-
Mobile gaming abled
-
Downloadable Android app also available
-
Offers a wide variety of slot games.
-
High-quality games with big jackpots.
-
Accepts US players
-
Offers a wide variety of slot games.
-
High-quality games with big jackpots.
-
Accepts US players
-
Loyalty Program for most consistent players
-
The unique and high-quality design of the website
-
Good 24/7 customer service
-
Loyalty Program for most consistent players
-
The unique and high-quality design of the website
-
Good 24/7 customer service
-
Offers a wide variety of slot games.
-
High-quality games with big jackpots.
-
Accepts US players
-
Accepts bitcoin
-
Great customer service
-
Free casino games available
-
A wide range of games on offer
-
Established Casino providing top service and security
-
Download and on-site games
-
Live dealer casino games are available
-
Live chat support is also available 24/7
-
Modern website design
-
Live dealer casino games are available
-
Live chat support is also available 24/7
-
Modern website design
-
Live dealer casino games are available
-
Live chat support is also available 24/7
-
Modern website design
-
Live dealer casino games are available
-
Live chat support is also available 24/7
-
Modern website design
-
Live dealer casino games are available
-
Live chat support is also available 24/7
-
Modern website design
-
Live dealer casino games are available
-
Live chat support is also available 24/7
-
Modern website design
-
Live dealer casino games are available
-
Live chat support is also available 24/7
-
Modern website design
-
Bitcoin accepted
-
Live dealer games are available
-
Good 24/7 customer service
-
Guaranteed fair gaming
-
Employs top-notch technology to protect private data
-
24/7 customer support via e-mail, live chat, and toll-free number
-
Range of deposit methods.
-
Excellent slot gaming games.
-
Regular casino promotions.
-
Range of deposit methods.
-
Excellent slot gaming games.
-
Regular casino promotions.
-
Range of deposit methods.
-
Excellent slot gaming games.
-
Regular casino promotions.
-
Range of deposit methods.
-
Excellent slot gaming games.
-
Regular casino promotions.
-
Range of deposit methods.
-
Excellent slot gaming games.
-
Regular casino promotions.
-
Win free chips while playing slots tournaments
-
Take daily quests and special adventures
-
Upgrade to six levels of VIP rewards
-
Large Sign-Up Bonus and Reload Bonuses.
-
Excellent for recreational and professional players.
-
Early odds for most events.
-
35. 24/7 support available through live chat, phone, and email
-
Proven fair by TST
-
Mobile casino also included
-
Best VIP program with great benefits.
-
Available in instant play and download.
-
24/7 support by US phone, live chat, or email.
-
Instant play and downloadable casino software.
-
A diverse selection of WGS slots
-
numerous progressive jackpots with huge jackpots.
-
24/7 support by US phone, live chat, or email.
-
SSL encryption Secured.
-
Proven fair by TST.
-
Well Rounded web Casino
-
US Players are Accepted
-
No Scams or any Complaints
-
Huge welcome bonus offers.
-
Special 200% bonus offer for Bitcoin users
-
Fair staking requirements.
-
Variety of RTG gambling Games.
-
The great theme of the site.
-
SSL encryption technology.
-
Collective RTG progressive jackpots.
-
24/7 customer support via email, phone, and live chat.
-
Strong reputation for good service and fairness.
-
Customer support is available 24/7
-
Fast Withdrawals
-
Mobile Compatible
-
49. 24/7 live chat, telephone, and email support.
-
All USA players accepted.
-
Player-friendly bonus.
-
Industry recommended casino with a long history of the first-class service.
-
6 figures in player cash-outs paid every week.
-
Variety of RTG gambling Games.
-
The great theme of the site.
-
SSL encryption technology.
-
56. Customer support is available 24/7
-
Fun and entertaining games offered
-
Instant withdrawals
-
57. Plenty of Games to Choose From
-
Customer support is available 24/7
-
58 Diversity of RTG Games
-
24/7 support via live chat, email, and toll-free phone
-
Secure encryption: Regularly audited by TST
-
Various Real-Time Game Games
-
24/7 Customer Support Available
-
SSL encryption code used
-
Bitcoin is accepted.
-
Average withdrawal limit.
-
24/7 Live chat support.
-
Bitcoin accepted
-
Average withdrawal limit
-
Live chat support is available 24/7
-
65. Play instantly without downloading any files
-
Excellent customer support
-
Bonuses and promotions added weekly
-
Instant VIP Benefits
-
More than 150 Games Available
-
Live Help And 24/7 Support
-
Features both bingo and casino games
-
Instant-play interface
-
Available on most smartphones and tablets
-
Mobile-friendly design
-
Easy to navigate through the site
-
SSL Security Certificate visible
-
The casino is Bitcoin-friendly
-
The casino accepts players from many countries
-
Live dealer games are available
-
Instant withdrawals for e-wallets
-
Crypto-friendly establishment
-
Daily specials
-
Proven fair by TST North America Inc
-
Fast Withdrawals
-
Certified Casino
-
Neteller and Bitcoin withdrawals are quicker
-
Bitcoin is accepted
-
Exclusive promotions
-
Offers a wide variety of slot games.
-
High-quality games with big jackpots.
-
Accepts US players
-
Proven fair by TST
-
Mobile gaming abled
-
Downloadable Android app also available
-
Quick cashouts with Bitcoin
-
24/7 live chat and email support
-
Play on the tablet, mobile, and desktop
Understanding Stablecoins
Stablecoins are a category of cryptocurrencies designed to preserve a steady value by linking them to a reserve asset. The prevalent form is the fiat-collateralized stablecoin, supported by a reserve of fiat currency. This arrangement guarantees the stablecoin’s value stays relatively constant, reflecting the worth of the underlying asset.
Types of Stablecoins
There are different types of stablecoins, depending on how they achieve their stability. The most common types are:
Fiat-backed: These are stablecoins that are backed by a reserve of fiat currency, such as the US dollar, euro, or yen. They are issued by centralized entities that hold the fiat in a bank account or a vault and promise to redeem the stablecoins for fiat at a 1:1 ratio. Examples of fiat-backed stablecoins are Tether (USDT), USD Coin (USDC), True USD (TUSD), Paxos Standard (PAX), and Gemini Dollar (GUSD).
Crypto backed: These are stablecoins that are backed by a reserve of another cryptocurrency, such as Bitcoin, Ethereum, or EOS. They are issued by decentralized platforms that use smart contracts to lock the crypto collateral and adjust the supply and demand of the stablecoins. Examples of crypto backed stablecoins are Dai (DAI), sUSD (SUSD), and BitUSD (BITUSD).
Algorithmic: These are stablecoins that are not backed by any reserve but instead rely on an algorithm to regulate the supply and demand of the stablecoins. They are issued by decentralized platforms that use incentives and penalties to encourage users to buy or sell the stablecoins according to the market price. Examples of algorithmic stablecoins are Ample forth (AMPL), Basis Cash (BAC), and Terra (LUNA).
How to Gamble with Stablecoins
Gambling with stablecoins is like gambling with other cryptocurrencies but with some additional benefits. Here are the steps to follow:
- Choose a stablecoin casino: A stablecoin casino is an online gambling site that accepts stablecoins as a payment method. There are many stablecoin casinos to choose from, but some of the best ones are BC.Game, Cloudbet, and BitStarz. These casinos offer a variety of games, such as slots, table games, live dealer games, sports betting, and more. They also offer generous bonuses, promotions, and rewards for their players.
- Get a stablecoin wallet: A stablecoin wallet is a software or hardware device that allows you to store, send, and receive stablecoins. You can choose from different types of wallets, such as web, mobile, desktop, or hardware wallets. Some of the most popular stablecoin wallets are MetaMask, Trust Wallet, Ledger, and Trezor.
- Buy some stablecoins: You can buy stablecoins from various sources, such as exchanges, brokers, or peer-to-peer platforms. You can use fiat currency, credit cards, bank transfers, or other cryptocurrencies to buy stablecoins. Some of the most popular platforms.
Advantages Of Stablecoins for Online Gambling
Stability: Stablecoins eliminate the risk of losing money due to price fluctuations of other cryptos. You can bet with confidence knowing that your stablecoins will retain their value regardless of market conditions.
Speed: Stablecoins are faster and cheaper to transfer than traditional fiat currencies. You can deposit and withdraw your funds in minutes without intermediaries or fees.
Security: Stablecoins are secured by cryptography and blockchain technology, which makes them immune to fraud, hacking, and censorship. You can trust that your transactions are transparent and verifiable and that your funds are always safe and accessible.
Privacy: Stablecoins offer a high level of anonymity and privacy, as you do not need to provide any personal or financial information to use them. You can gamble with discretion and avoid unwanted attention from third parties.
Stablecoins FAQs
Is It Safe to Use Stablecoin Casinos?
Stablecoin casinos prioritize security and transparency, employing blockchain technology for added safety. However, it’s crucial to select reputable and licensed casinos to ensure a secure gambling experience.
Can I Utilize Stablecoins Other Than Tether and USD Coin in Stablecoin Casinos?
Certainly, many stablecoin casinos accept alternatives like Dai, TrueUSD, and Binance USD. Check the casino’s approved payment methods to identify which stablecoins are supported.
How Do I Convert My Stablecoins Back to Fiat Currency?
To convert stablecoins back to fiat currency, you can sell them on cryptocurrency exchanges or use peer-to-peer platforms. Make sure to adhere to relevant regulations and complete any required KYC (Know Your Customer) procedures.
Are Stablecoin Casinos Subject to Regulation?
Regulations for stablecoin casinos differ by jurisdiction. Some areas have specific laws governing online gambling, while others may have broader cryptocurrency regulations. Understanding the legal landscape in your region is crucial, and opting for licensed casinos is advisable.
What Are the Benefits of Using Stablecoins in Online Gambling?
Utilizing stablecoins in online gambling provides advantages such as faster transactions, lower fees, improved privacy, and provably fair gaming. Stablecoins also mitigate the volatility associated with other cryptocurrencies, ensuring a more stable and predictable gambling experience.