Tether Casinos: A New Way to Gamble with Crypto
Rachel Elam | November 24, 2023 | Updated on: November 24th, 2023
Tether (USDT) is one of the most popular and widely used stablecoins in the crypto market. 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.
Online Casinos Accepting Tether
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24/7 live chat and telephone customer service
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Play on any mobile and desktop device
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Bitcoin supported
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90% Cost coverage, no annual limit
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Easy, straightforward claims process
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No annual or lifetime limits
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Great selection of casino games
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Wide variety and selection of bonuses
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All licensed vets are covered
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Up to 90% reimbursement
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VetConnect™ 24/7 helpline
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Save 40% for eligible multiple bets
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Great range of RTG slot machines.
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Reliable and experienced gaming operator.
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Networked RTG progressive jackpots.
Tether Has Many Advantages for Online Gambling, Such As:
Stability: Tether eliminates the risk of losing money due to price fluctuations of other cryptos. You can bet with confidence knowing that your Tether will retain its value regardless of market conditions.
Speed: Tether is faster and cheaper to transfer than traditional fiat currencies. You can deposit and withdraw your funds in minutes without intermediaries or fees.
Security: Tether is secured by cryptography and blockchain technology, which makes it 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: Tether offers a high level of anonymity and privacy, as you do not need to provide any personal or financial information to use it. You can gamble with discretion and avoid unwanted attention from third parties.
How to Gamble with Tether
Gambling with Tether is like gambling with other cryptocurrencies but with some additional benefits. Here are the steps to follow:
- Choose a Tether casino: A Tether casino is an online gambling site that accepts Tether as a payment method. There are many Tether 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 Tether wallet: A Tether wallet is a software or hardware device that allows you to store, send, and receive Tether. You can choose from different types of wallets, such as web, mobile, desktop, or hardware wallets. Some of the most popular Tether wallets are MetaMask, Trust Wallet, Ledger, and Trezor.
- Buy some Tether: You can buy Tether 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 Tether. Some of the most popular platforms are Coinbase, Binance, Kraken, and LocalBitcoins.
Deposit Funds to The Tether Casino
To deposit funds to the Tether casino, you need to go to your casino account and select “Tether” as your deposit method. You will then see the casino’s deposit address or scan the QR code. Then, go to your Tether wallet and paste the address or scan the code. Enter the amount of Tether that you want to send and confirm the transaction. Wait for the confirmation from the blockchain network and the casino. Your funds should appear in your casino balance shortly.
Withdraw Funds from The Tether Casino.
To withdraw funds from the Tether casino, you need to go to your casino account and select “Tether” as your withdrawal method. You will then see the casino’s withdrawal address or scan the QR code. Enter the amount of Tether that you want to withdraw and confirm the request. Wait for the approval from the casino and the confirmation from the blockchain network. Your funds should arrive in your Tether wallet shortly.
Safety At Tether Casinos
In general, stablecoins provide a safer option for gambling compared to traditional cryptocurrencies. Their value is tied to stable assets like the US dollar, making them less vulnerable to price swings. This stability allows users to have greater confidence in the value of their stablecoins during gambling activities, minimizing the risk of losses.
Nevertheless, recent concerns surrounding Tether have raised questions about its reliability. The controversy has highlighted uncertainties regarding the redeemability of Tethers for dollars, prompting users to reconsider whether USDT is the most secure choice.
Our Final Thoughts
In our view, engaging in gambling with a stablecoin like USDT provides an effective means to mitigate volatility while enjoying the advantages of crypto casinos.
However, we strongly advise conducting thorough research before depositing funds into a new casino. Take the time to read reviews and compare bonus structures to ensure you secure the best deal for your preferences.
Our top recommendation is BC. The game is known for its generous bonus scheme and diverse game selection. Keep in mind that, given their non-traditional welcome bonus, it’s essential to assess the other perks they offer before signing up. Alternatively, if you prefer a deposit gift, our second choice, True Flip, might be a more suitable option for you.