Tether online casinos
Allow us to introduce you to Tether, the third most valuable cryptocurrency after Bitcoin and Ethereum. There are over 2000 different cryptocurrencies as of right now, so being in the Third place is most definitely something to brag about. Cryptocurrencies have become increasingly prominent in the online casino business in the past few years, and many online gamblers are starting to see real potential in virtual coins. Rightfully so- cryptocurrency holds a whole lot of power in our world today.
Tether is a mix of two different assets- fiat and digital. This progressive blockchain-based technology has allowed many online casino players to gamble without the stress of using several different payment methods and has eliminated fear in terms of drastic fluctuation. USDT maintains stability unlike any other form of cryptocurrency. Keep reading, and we will tell you exactly why Tether should be one considerable option alongside Litecoin casinos and Ethereum online casinos.
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The list of the best Tether online casinos
What is Tether?
Tether is a cryptocurrency that is considered to be a Stablecoin. A Stablecoin is an asset that is designed to be stable and stay low in its volatility. USDT, in this case, is fixed to the USD. Hence the name “Tether”- it is tethered to traditional currency to simplify the exchange process. Tether was created to always match and maintain a 1% value, but unfortunately, that does not prevent minor fluctuations in its worth. That is no reason to worry since so far its value has stayed the same. Three currencies can be exchanged for USDT tokens:
- (USD) American dollars
- (JPY) Japanese Yen
- (EUR) Euros
However, Tether cannot be exchanged for USD quite yet. Regardless, online casinos are eating up this cryptocurrency like it’s the last supper due to the lack of issues they usually run into when it comes to exchanges between their sites and virtual currencies.
TOP 10 Tether online casinos
There are a few things you need to know before gambling with USTD. The most important thing, of course, is finding the right Tether casino. It is essential for you to do your due diligence when selecting an online gambling provider because you never know what unpleasantries you might run into if you choose the wrong site. Not only are there lots of scams out there, but there are a hefty bunch of casinos that are extremely confusing when it comes to using cryptocurrencies as a banking method. We know this type of research can be tedious and time-consuming, so we took it upon ourselves to do it for you! We took some time to find the best online casinos that accept USDT. Not only are these sites safe, but they make cryptocurrency transactions a piece of cake. We also make sure that this list contains providers with the best bonuses, great customer support, an excellent reputation, and great game options. So if you’re interested in finding trusted online casinos- this is it!
Check out our TOP 10 Tether online casinos:
Tether pros and cons
As wonderful as Tether is, we want you to consider all the pros and cons before you begin using it. We personally think that USDT is great, but every player has their preferences when it comes to banking options. So check these out, and make your judgment about Tether gambling.
- Unmatched security is a promise when you use Tether. It is 100% safe, and you will never have to worry about your assets being taken advantage of unless you’re on a casino site that is out to pull a scam on you.
- Fast transaction times are definitely what make Tether so appealing to casino players. You will never have to wait more than a couple of minutes to begin gambling once you’ve made a deposit.
- Stability makes USDT stand out from all the other cryptocurrencies. Since the value barely ever fluctuates, you won’t ever go into shock checking Tether crypto value.
- Not much anonymity when it comes to using Tether. That’s unfortunate since casino players favor cryptocurrency for this very reason. To begin using tether you have to enter a hefty amount of personal info. But hey, if you got nothing to hide and you trust Tether, then that’s nothing to worry about.
- The lengthy identity verification process is one of Tether’s cons. It might take you a good minute to register and fill out your information.
- Fluctuation still happens regardless of USDT aspiring to be a fixed value. However, Tether prides itself on having volatility that never exceeded 2-3%
Tether withdrawals and deposits
Withdrawals and deposits with Tether work pretty much the same way as any other cryptocurrency. If you are unfamiliar with this process- don’t worry. It’s not that complicated. First, you have to create an account and obtain a USDT wallet. And if you haven’t already, you will need to register with an online casino of your choice. Once you fund your e-wallet, you can use it to make deposits on your preferred online casino. The list we provided you with makes Tether gambling quick and simple!
If you’re looking to use a form of cryptocurrency that doesn’t have a crazy history of value fluctuation- Tether is the perfect pick for you. You can use this e-wallet and have peace in your heart knowing your money won’t suddenly disappear into thin air. And obviously, this is a wonderful option for online gambling due to the fast transaction times and stability of USDT. If you’re a fan of BTC casinos, there should be absolutely no reason why you wouldn’t fall in love with Tether gambling sites as well. Just to get a headstart, give Bitcasino a try. That is a perfect provider for any casino player who wants to get familiar with cryptocurrency.
There are many answers to this question. But we found that the easiest way to get Tether coins is to purchase them at various online cryptocurrency trading platforms. There you can use pretty much any exchange to buy USDT. That includes credit/debit cards as well as bank transfers. For example, you can use; Exmo, Kraken, Poloniex, and BitFinex.
The short answer is yes. Tether in itself is a very trustworthy network. The fluctuation rates and low volatility make it a pretty unshakable asset. However, the online casinos you choose could potentially put you at risk of getting scammed. So while Tether will keep you in safe hands, you have to watch out for fraudulent gambling sites. There are plenty of them- that is the very reason we provided you with our triple-checked casino list.