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Throughout the years, cryptocurrency has become an acceptable payment method for multiple establishments, especially casinos. And among the popular choices for casino transactions is Tether (USDT) for its safe, reliable, fast and convenient method that lets you gamble without worries.
Delve deeper into how USDT works in the world of gambling and see why it's one of the best crypto for gambling at Bitcasino.
Since the inception of USDT in 2014, it has progressed steadily in the crypto market as one of the most popular cryptocurrencies in the world alongside Bitcoin (BTC), Ethereum (ETH) and Litecoin (LTC). And one of the industries that mostly use it is online crypto gambling.
If you want to bet using cryptocurrency, USDT is arguably one of the best choices since it ensures transparency, stability and affordable transaction fees that would benefit your gamble.
Plus, USDT narrows the gap between fiat and cryptocurrency as a stablecoin. With the speed of crypto transactions and the stability of the US dollar, you get the best of both worlds with this coin.
As one of the most reliable stablecoins in the crypto market, USDT’s value isn’t susceptible to rapid fluctuations. It’s anchored on the price of dollars, which will bring you peace of mind if you are concerned about the volatility of crypto tokens.
Aside from the stability, USDT also exhibits superior speed in transactions compared to your traditional fiat cash. The lightning-fast transaction combined with the stablecoin value puts players at ease when it comes to gambling. It’s like playing with dollars but better!
To find out more about why casino players choose USDT for their Tether gambling, check out its list of benefits below:
This is one of the things that separate USDT from your regular fiat. Unlike traditional currencies that take days to be processed, USDT only takes minutes before you can enjoy its real-time use in your online casino account.
What makes USDT transactions fast is the fact that you no longer have to rely on third-party organisations like banks to process each exchange.
Before, if you used traditional banking methods such as debit or credit cards for your online casino transaction, it would take days for your money to arrive in your account. Plus, it would depend on the bank’s operating hours since the money transfer would have to go through the approval of several authorities before it can be approved.
With USDT, you don’t have to wait days for your funds to arrive in your online casino account. Each transaction is processed on the blockchain at breakneck speed.
This makes it convenient for gambling since you can immediately deposit the necessary funds to your bankroll and continue playing without delays. What makes it even better is that there are no middlemen in USDT transactions so you can enjoy faster transactions with lesser fees!
As USDT functions in the same way as most cryptocurrencies, you won’t have to provide crucial information online for your transaction to be processed. This is unlike traditional fiat transactions where you must provide personal information to the bank, which puts your data at risk in case of any cyber attack.
By using USDT, you can rest assured that your information won’t be leaked online since you won’t need to provide any personal details in the first place. All you need is your wallet’s address and nothing else.
USDT’s stable value is what makes it stand out from other cryptocurrencies. Unlike most cryptos like Bitcoin, it doesn’t have a wildly volatile value that goes up and down at any time.
This gives you an assurance that your coin would not change in value even after a period of time thanks to it being linked to US dollars, which is considered one of the most stable currencies in the world.
It follows a 1:1 rate with dollars so you won’t have a hard time calculating and converting how much you are spending in your online casino account. Your wins and gamble won’t also be devalued by sudden fluctuations in the market.
Another thing that makes USDT perfect for your gambles as a stablecoin is the fact that it is easier to convert to fiat than most of your other cryptocurrencies since its value is directly linked to a traditional currency. This means that you don’t have to rely on a broker to convert the value of your digital token to fiat.
With Tether, you can enjoy stable token values while also basking in the benefits that come with crypto gambling. Plenty of casinos like Bitcasino use promotional campaigns to attract players into using digital tokens for gambling.
Casinos are especially generous when it comes to crypto gambles and often offer mind-blowing rewards and over-the-top promotions that you usually wouldn’t be privy to if you are using fiat for your casino transactions.
Plenty of games become available to you when you play using USDT, especially here at Bitcasino. You can enjoy games starting from slots down to your more skill-based games like blackjack, roulette and poker tables.
Despite the fast shift in public opinion about cryptocurrencies, the legality of USDT betting is still a contentious issue in several countries. Although, USDT gambling is not subject to any particular legislation therefore it is not illegal. It is neither permitted nor outlawed by different government legislations all over the world.
USDT, much like any other cryptocurrency, is decentralised and therefore, it doesn’t fall under the jurisdiction of any central authorities, making it impossible to pose a law against its use.
For safer and trouble-free crypto gambling, make sure to check out the laws of your country and see what it has to say about cryptocurrencies before you place your wager.
After knowing what betting with USDT brings, you’re probably eager to begin and browse through Tether casino sites.
Playing at USDT casinos starts with choosing the right Tether casino. Lots of crypto casinos today accept major coins such as Bitcoin and Ether but not all accepts Tether. So the first thing you need to ensure is that your choice is a legit USDT casino.
You can check this on the site’s FAQ page. You can also just ask their customer service if you need a direct answer!
Once you’re sure about your USDT online casino, it’s time to sign up and deposit! And when that’s taken care of, you can start playing Tether casino games to your heart’s content.
If you’re not in the mood to search the web for the right online Tether casino, then you’re in luck because you’re already on one! Bitcasino accepts USDT among many other cryptocurrencies and you can start playing in as fast as 1, 2, 3 after creating a USDT wallet and depositing.
Plus, if you don’t own USDT yet but want to start betting with it, no need to fret since you can buy your first coins right here. You won’t even need to leave the site!
Ready to experience crypto gambling like never before? Start playing your favourite casino games using the most stable and reliable token in the crypto-sphere. To begin your casino adventure using USDT, use the following deposit methods we offer:
Deposit and withdraw USDT on your Bitcasino account using bank transfer options. To transfer funds directly from your bank account, you can use either the instant bank transfer or PayPay fund transfer services.
Bank transfer (instant)
This option is only available to Japanese users who use Japanese yen for their transactions. To deposit funds to your Bitcasino account, follow the steps below and you’ll be wagering your best bets in no time!
Click the 'Deposit via bank transfer’ button on the Bitcasino Funds page.
Select the Instant Bank Transfer option.
Enter the amount of USDT you are going to transfer into your account. The minimum is 55 USDT and the maximum is 10,000 USDT per transaction.
Fill in the payment details with your first and last name.
Check out the payment overview to see the estimated price of 1 USDT. Click ‘Proceed’ to be redirected to the checkout page of Mikado Card.
Choose between the purchase or redeem vouchers and coupon method for your USDT payment.
If you selected the Purchase option, you would be led to a page with a list of banks that you can use to pay for your transfer voucher. You can choose from the following:
SMBC Sumitomo Mitsui
Submission SBI Net Bank
Japan Post Bank
Au Jibun Bank
If you choose the Redeem option, you will be asked to fill out the redeem form with the voucher amount, voucher number, date you would redeem and the credit verification value of the voucher.
Once complete, your funds will be immediately sent to your Bitcasino account without delay!
PayPay via gift card (up to 24hrs)
This option isn’t as fast as your instant bank transfer since it may take 24 hours before a transaction can be processed, but it provides an easy way for you to secure funds in your account by following the easy steps below:
Click the 'Deposit via bank transfer’ button on the Bitcasino Funds page.
Select the PayPay option.
Enter the amount of USDT you wish to deposit. The minimum amount is 55 USDT and the maximum amount is 10,000 USDT.
Review the payment details and fill out the form with your first name, last name, address, city, prefecture and postcode.
Check the payment overview to see the estimated price of 1 USDT. Click proceed and you would be redirected to the PayPay page where you must input the details of your gift card including the amount, date and the card verification value.
Wait for an email to be sent to your account verifying your transaction. Your requested funds should be transferred within 24 hrs of the transaction. If not, you may contact Bitcasino or PayPay.
For Bitcasino users who already have a crypto wallet and account, transferring your funds is as easy as 1,2,3! Follow the steps below and successfully transfer your necessary funds for your USDT gambles:
On the Funds page of Bitcasino, click the ‘Add/remove wallets’ button beside the funds tab. This will show you a list of cryptocurrencies you can use for your transaction. Check the box with USDT-Tether and hit save.
Once you are done with the first step, you will now see USDT in the list of your crypto token. Right beside it, you will have the option to deposit, withdraw or buy.
Select the network that you would use for your fund transfer. You can choose between Ethereum ERC20 and Tron TRC20.
Copy the deposit code provided below the network option or scan the QR code for easy USDT transfer.
Paste the code on your wallet’s fund transfer page and input the amount of USDT that you want to send to your Bitcasino account. Wait for the funds to be transferred into your account and you’re done!
There are two different ways you can purchase USDT using your card. The first option is Onramper and the second option is Paxful. Check out how you can purchase USDT using these options below:
Onramper is a fiat-to-crypto rail that makes it easier for you to purchase your preferred crypto token using your traditional currency. To purchase USDT using Onramper, follow the steps below:
Select the Onramper option in the Buy Crypto tab.
Fill in the form with the necessary information including the amount of USDT you want to purchase.
Select either of the following payment options:
Bank Transfer in European Union
Viettel Pay (Vietnam)
Step 4: You’ll be redirected to a payment page depending on the payment option you selected. Complete the form and wait for your purchase to be confirmed.
Paxful is a trading platform you can use to directly transact with a seller. Through this, you can find your desired crypto token at a reasonable price! Follow the steps below to use Paxful on your deposit:
Enter the amount of USDT that you want to order.
Log in to your Paxful account.
Select a payment method that works for you. This can either be Amazon, Mastercard, VISA, Western Union or PayPal.
Review offer. This is where you can see the best USDT offers for the amount you want to purchase. You can select the cheapest option and directly transact with the seller.
Wait for your transaction to be verified and start your trade!
The answer is definitely! This crypto token has proven itself to be one of the most effective currencies to use in online casino gambling. Not only does it provide stability with its unchanging value, but it also makes every transaction fast and easy.
It offers the best of both worlds and combines the best of what fiat and crypto have to offer. Gamble with your USDT now and play your favourite games in Bitcasino!
Word by Ana Gabrielle A. Gundran
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