Tether is a form of cryptocurrency. It ranks amongst the most prominent and commonly used cryptocurrencies in the iGaming market. Tether is a more stable coin with a high market cap and predictable value. Its stability is what makes it one of the most reputable and ideal cryptocurrencies for online gambling casinos.
Its stability can be tied to its value level pegging with the national currency US dollar. That means that 1 Tether token (USDT) is equivalent to 1 USD. More reason why it’s more stable vis a vee cryptocurrencies like Bitcoin that have constant price fluctuations. Matters regarding gambling and betting, Tether is the best alternative compared to other digital currencies.
With cryptocurrencies rapidly gaining fame among individuals and companies in this digital era, many online casinos have widely adopted the currency and now accept deposits and withdrawals in currencies like Tether (USDT). There are many USDT online gambling casinos in the market, and hunting down the best can be overwhelming with the offering massively growing by the day.
However, with years of experience in crypto-gaming, our team of experts has done extensive research to dredge up the best USDT gambling casinos for you. Therefore, be sure that our opinions are up-to-date, accurate, and in-depth.
Addedly, the online Tether casinos are licensed by sought-after gambling commissions. Hence, our approved USDT gambling platforms are regulated and licensed by the Malta Gaming Authority, the Gibraltar Gambling Commission and the United Kingdom Gambling Commission. That assures you play at well-secured gaming online casinos.
Like every other digital currency, anyone can use Tether (USDT). Unlike other cryptocurrencies, USDT can’t be mined. You can only buy the tokens via crypto exchanges that support Tether or through Tether Limited.
Using USDT is simple. Create a personal Tether wallet by signing up and following the registration process. Verify your identity so that you can start transacting. Now that you have a wallet, you can buy USDT or transfer funds from your bank account straight to your wallet.
Making a Casino Deposit using Tether
After creating an e-wallet Tether account, sign in to your USDT online betting casino and proceed to the deposit section. From the payment methods list that pops up, select Tether. Fill in the automatically generated e-wallet address to your Tether account. Enter your desired deposit amount and then submit. The funds reflect instantly in your betting account.
Matters regarding security, Tether’s blockchain technology delivers unmatched security to its casino operators. USD and EUR can be converted to Tether (USDT) for use at your online gambling sites.
Being the most widely adopted digital-to-fiat currency, Tether will eventually become integrated into all online gambling sites in the iGaming industry. It’s a stable coin and convenient to players who need to remain anonymous. That makes it more lucrative to individuals and casinos.
Cloudbet, the pioneering crypto sportsbook and casino, has added USD Tether to the portfolio of coins available to its customers, marking the operator’s first foray into stablecoin betting. After a month of testing with a small group of players, Cloudbet has now enabled all of its customers to deposit, withdraw and bet with USDT, the …