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Tether (also known as USDT) is a cryptocurrency that has climbed the ranks in players’ preferences quickly and for good reasons. Zero fees, privacy, and instant payments are some of the strong points of Tether. Let’s find out what USDT casinos have to offer you and how you can make the most of this banking option.
Top Online Casinos that accept Tether
What is Tether
Tether, also known as USDT, is a popular cryptocurrency designed to hold a consistent value, as opposed to the more volatile conversion rates of competitors such as Bitcoin. This was achieved by backing up every Tether token with the US dollars held by the company behind the currency and known by the same name.
New Tether coins are created and issued when individuals, companies, etc., make a deposit with Tether. They will then get an exact USD to USDT matching funds back from the company, minus fees. The Tether tokens can also be exchanged back to flat currency at any point.
Tether has a strong focus on transparency, and the company shares daily reports on its operations. This is partly because the tokens are also used by a list of other blockchain cryptocurrency networks, including Ethereum, Tron and even Bitcoin networks.
Tether tokens are bolstered by the blockchains they are attached to and come with various benefits. For instance, Ethereum and Tron-issued Tether tokens can help you make faster and less expensive transactions.
How to Set Up a Tether Account
All you need to do to set up a Tether account is to head to the official website and sign up. You will not be asked to share any personal details. The only thing you need to use for verification is your email address. You will then be asked to set up a dual-factor verification, and your account will be subject to approval from the Tether team.
Once approved, your Tether account will function as both your crypto wallet and banking tool, available for both deposits and withdrawals.
You will also be able to keep your Tether coins in alternative Crypto wallets, and as different blockchain networks issue Tether, your account address will reflect this.
Making a deposit with Tether could not be easier. You simply need to go to the payment method box, select Tether as a tool, choose the amount you wish to deposit and add the address of your crypto wallet. The last step will allow you to confirm the deposit from your wallet. Once done, the amount will be transferred to your account immediately.
It is equally simple to withdraw the funds back to your Tether wallet. You will once again need to go to the banking section of your casino and select Tether as your withdrawal option. Just as when you make a deposit, you will need to add the address of your Tether wallet, as well as the amount you wish to withdraw. Since you are making a withdrawal, you will not need to do anything from your wallet. The money will find its way back to it on its own.
Advantages of using Tether for Deposits and Withdrawals
The key advantage of owning and playing with Tether tokens is that the currency is stable, and fully tied to the US dollar. This means that it provides the safety and predictability of Fiat currencies, coupled with the privacy and speed of blockchain technology. When you gamble on Bitcoin casinos and many of the other popular digital currencies, you are essentially gambling twice, both on the games and the currency itself. This may be an alluring element for many, but for those who prefer stability and predictability, Tether is a strong choice.
It is also easy to find a Tether casino, which means you do not need to look hard to get new gambling experiences. Just a quick glance at our list of the best Tether casinos above should give you an idea of the diversity at hand.
Another big advantage is Tether transactions are entirely free of charge in and of themselves. USDT Casinos may add their own transaction fees, but they tend to be fairly low. Be sure to check if the casino you sign up to has fees for Tether deposits and/or withdrawals to make an informed choice as to whether they are worth your time.
How to Find New Tether Casinos
The popularity of Tether for crypto transactions has ensured that the majority of new crypto-friendly casinos include them among their available currencies. This means that most new crypto casinos are also new Tether casinos.
We consistently update our list of the best Tether casinos above, and you will find all the new Tether casinos that passed our rigorous standards within this selection. If you are actively looking for new Tether casinos, we recommend that you look at the list regularly so that you do not miss out on any new great options.
How to find the best Tether Casinos
One of the main goals we here at SPCasinos strive to achieve is helping each of our readers find the best casinos for them. This is why we have created the above list so you can discover the top Tether casinos available for bettors.
If you have Tether tokens sitting idle or wish to play with a stable and predictable digital currency, you can use our list to discover a new world of online gaming. Tether casinos come with a long range of games that are not available when you play with Fiat currencies, and better yet, transaction fees end up being lower.
In our overview of the best Tether casinos, you will find the top of the crop, and be able to quickly discern which tick the right boxes for you. Whether you are looking for large game libraries, generous bonuses, or something else entirely, the above list has you covered.
The majority of Casinos available only offer Fiat currencies. We have however selected the best-reviewed casinos that do accept Tether as a currency on this page.
Tether is designed for stability by being linked directly to the US dollar. This means that it does not suffer from the volatility most other digital currencies struggle with.
All you need to do is sign up for a Tether account and make a deposit, which will be matched based on its conversion to US dollars. Each Tether token is matched by a dollar equivalent held by Tether.
You can exchange your Tether tokens directly through your Tether account at any point.
You make a deposit at a Tether casino by selecting the amount you wish to deposit and submitting the address of your crypto wallet. You will then simply need to confirm the transaction via your wallet.
You can make a withdrawal using Tether at any point, by selecting the value you wish to withdraw and adding the crypto account address you want the money to go to.
Yes, Tether is one of the safest digital currencies, due to its stability. Additionally, we only include safe and reliable Tether casinos in our selection.