Players choosing to gamble with Tether (USDT) is on the rise, and it’s no surprise as this cryptocurrency is a stablecoin, meaning it negates one of the biggest downside of crypto gambling – market volatility.
If you’re new to USDT and are looking for a comprehensive guide to take you through the ins and outs of Tether gambling, what makes the best USDT gambling site, and how to play with this currency at the casino, then you’ve hit gold. Stick with us; by the end of the page, you’ll be a pro.
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Benefits Of Tether Gambling Sites
Playing at a Tether Casino is one of the best choices to make as an online gambler. Why? Because sites that accept USDT are some of the most modern and exciting casinos to play at.
Generally, Tether Casinos stock thousands of slots, table games, live dealers, and unique blockchain games. They entice players with big bonuses, like double-your-money sign-up bonuses and ongoing deals that mean you can play for longer.
Crypto casinos are all newer platforms, and this is an even fresher currency; all Tether Casinos are recent. As newer online casinos, the platforms are well-designed, available on any device instantly, and offer a cutting-edge and secure gambling experience.
All-in-all, there’s no reason not to pick a Tether Casino, and as a cryptocurrency, playing at these sites even has specific perks over and above using a Fiat site.
Fiat vs crypto
Gambling with crypto, but especially Tether, comes with several benefits. Fiat casinos are the last decade’s trend. While still popular and offering a great gaming experience, they tend to let players down on payments, with slow transactions taking up to 5 days.
Fast cashouts matter to most players, and cryptocurrencies solve this problem with lightning-fast transactions. Most cryptocurrencies have average transaction speeds of minutes, not days. This is generally achieved by processing transactions using blockchain and user verification. Transactions are anonymous, and as no intermediary is processing them, the fees are rock bottom too.
Moreover, most crypto casinos offer lower and higher deposit and withdrawal limits than Fiat casinos, which is a benefit for low rollers as limits can start from as well as $2, and high rollers who want to cash out large sums. In comparison, the majority of Fiat casino transactions start from $10 minimum and max out at around $25,000.
One of the significant downsides of gambling with crypto is the market volatility; between depositing and cashing out, the value of your coin could fall or rise. Unlike other cryptocurrencies, Tether is a stablecoin, meaning its value is pegged to the dollar, with the same USD amount as USDT in reserve. This makes it one of the safer cryptocurrencies to play with. Let’s take a closer look at the benefits of gambling with USDT.
Decentralisation = Less restriction
Unlike other crypto coins, Tether is centralized; it’s this and the fact the value is pegged to a real-life asset that makes its value stable. However, it’s not regulated like fiat currencies and provides the same benefits as other coins, like speed and privacy.
Safety and Transaction Speed
The average transaction time to USDT is 1 minute and 10 seconds – pretty impressive, even when listed alongside other cryptos. During high congestion, you’ll only be waiting around 30 minutes. Plus, as a stablecoin, USDT is inherently safer than other cryptos as there’s no issue with market volatility
Like all cryptocurrencies, Tether provides the ability to make casino deposits and transactions anonymously. Unlike when you use fiat, no gambling transactions will be logged on your statements, and you can find USDT casinos that let you play with just an email address and your wallet address
Fast Payouts and Greater Limits
You’ll get better limits as well as lightning-fast transaction speeds when gambling online with Tether. Generally, casino lower limits can start from $2, and upper limits are typically sky-high. This is one of the biggest benefits of Tether gambling.
Tether Gambling Sites Reviews
If you’re looking for the top Tether gambling site reviews, look no further than ours. The Cryptocasinos team spends hours testing every USDT casino we recommend first-hand.
From cashing out to playing the games on multiple devices, our reviews provide you with a trustworthy shortlist of the best USDT Casinos online. Plus, you’ll also find plenty of helpful tips on how to gamble with USDT through our guides.
Here are some of our top tips for using Tether for online gambling straight off the bat:
- Compare Tether wallets Your USDT wallet needs to be secure and easy to use. For Tether gambling, our top picks are CryptoWallet, Tether Wallet, or MyEtherWallet.
- Pay attention to the USDT rate As a stablecoin, this point is less applicable than with other coins, but you should still know the USDT rate before gambling.
- Always do due diligence Check the casino’s terms and conditions before depositing crypto to the gambling site. This way, you know the rules of the casino you decide to play at, and there are no surprises.
A Short Guide To Crypto Gambling
Tether gambling is easy to get started with. Using our reviews, you can find a casino and sign up in just a few moments. Then follow our how to gamble with Tether step-by-step guide below.
See our list of Tether Gambling Sites
Your first step is selecting a Tether gambling site from our list of recommended options. The easiest way is to look at the reviews, compare the games, bonuses, and payments, then select the casino that best suits you. Once you’ve picked a site, click on the review link and register.
Choose and buy cryptocurrency
Gambling with Tether is a great option, especially for new crypto gamblers, because it’s a stablecoin. But you’ll need to buy some USDT before you can play. Do this via an exchange using your credit, debit card, or another online payment method.
Set up your Tether wallet
Alright, you need to select a wallet (our top recommendations for USDT are CryptoWallet, Tether Wallet, or MyEtherWallet) and register. Then purchase USDT and store it in your wallet.
Deposit Tether to the gambling site
Go back to your casino, head to the cashier, and select USDT. Input the amount. Go to your wallet, copy the payment address or scan the QR code and make the payment. Now you can start playing.
Following this Tether gambling guide, you’ll have your new account open in minutes at a top Tether gambling site.
How To Find The Best Tether Gambling Site?
If you prefer to go it alone and find a USDT casino independently, here’s what you need to keep in mind when assessing the top Tether gambling sites.
Does the Crypto Gambling Site support your country?
The first thing you need to check is, can you gamble with Tether in your country? Before registering at a Tether gambling site, you need to ensure your location is not restricted. You can find this out by opening the website and checking the FAQs or help center. You can play if your country is not listed as restricted and the website loads.
Is Tether gambling legal? Tether gambling is only illegal if you live in a country where gambling is illegal. If this is the case, we do not recommend online gambling.
Tether Gambling Site trustworthiness
When you’re playing with real money, you need to know you’re using a fair and safe online casino that pays out. You can start by researching on Google to see what other players think of a site, and if there’s an app, check the player reviews in the app store.
It’s less common for crypto casinos to have a license than fiat sites because most are offshore casinos. Some operators are licensed by Curacao e-Gaming. You can check a casino’s license at the bottom of the homepage.
You should also check the games lobby, ensuring the games are provided by legitimate software providers – these studios test their games, and they are certified as fair.
Check that the casino offers support in your native language. While the USDT eliminates the need for currency exchange, you’ll still want casino support that speaks your language, so check what’s available.
Transactions and fees
Tether gambling sites have terms and conditions, including transaction fees and varying transaction times. While most USDT transactions are instant in theory, you’ll want to confirm that potential casinos do not charge fees and payout in under 24 hours.
Offers, promotions, bonuses
Bonuses and promotions are one of the main reasons players use online casinos. Online casinos have lower operational costs; hence they can reward players better for their loyalty. As Tether gambling sites compete against each other, you can score some excellent promotions, but you need to compare deals and read the terms and conditions to get the best offers.
If you want to learn more about USDT casino bonuses, use our USDT gambling guides and casino reviews to get better offers.
Should you consider gambling online using Tether?
Tether gambling is a great idea, and it compares favorably with other crypto coins, providing the speed (it’s actually faster than many), low fees, and privacy of the main competitors, but with the addition of stability.
There are plenty of reasons to gamble with Tether, but if you need a few more, here’s our list of the pros and cons.
It’s a stablecoin, so it avoids major volatility fluctuations, making it one of the best cryptos to gamble with
User-friendly transaction limits
Play at the best online casinos
Get huge welcome bonuses when you sign up
Get great ongoing bonuses
Not all USDT casinos are licensed
Not available in all countries
As it’s pegged to Fiat, it’s vulnerable to Fiat fluctuations
Tether gambling sites FAQs
Are Tether gambling websites legal?
Tether gambling is not illegal in the majority of countries, but it is considered a grey area. This is why most crypto casinos are offshore sites. You cannot gamble with USDT from locations that have made cryptocurrency illegal or where gambling is illegal.
How long do Tether deposits take?
The average transaction time for USDT is 1 min and 10 seconds, which is incredibly fast, even for crypto. When the network is heavily congested, transactions have been known to take up to 30 minutes. In most cases, your casino deposit is instant.
Can I Gamble completely anonymously with Tethers?
If you pick a Tether gambling site that does not have a KYC Check procedure in place – yes. Use our casino reviews to learn which casinos require your ID when registering and which allow you to use an email address only.
How long do Tether withdrawals take?
Tether is one of the best cryptocurrencies to use in online gambling because deposits and withdrawals take an average of 1 minute and 10 seconds. You’ll need to head to the cashier to process a withdrawal and input the amount and your wallet details. Once complete, your cashout will arrive shortly.
What cryptos should I consider for online gambling?
As cryptocurrencies have become increasingly popular, you can now gamble in multiple different coins, including Bitcoin, Bitcoin Cash, Ethereum, Litecoin, Cardano, ripple, and others. To explore the full range, hit up the site menu and select from our crypto gambling guides.
With 8+ years in the iGaming industry, Tomek has a wealth of experience in building and improving online casino platforms. Fascinated by the intersection of crypto technology and iGaming.
He has been involved in crypto since 2016, writing about free web (3.0), crypto (d)apps, and blockchain safety. Based in Malta, Tomek is a specialist in live casino games, one of his favorites – live roulette.More by Tomek Jedrak