Best Tether Casinos – Crypto Casinos Accepting USDT
Tether is a unique cryptocurrency, not just because of its popularity. It is also a stablecoin, which implies that it is not susceptible to the rapid price fluctuations of other digital currencies. This is because the company behind it has pegged the cryptocurrency to a dollar. In other words, the company backs it with the USD, meaning that for every Tether (USDT) minted, they’re holding $1 in reserve.
Tether has been a stabilizing cryptocurrency due to its constant value. Traders and other investors use it as a hedge for volatility of the coin market. It is not surprising that many cryptocurrency casinos now actively support the use of Tether in gambling.
Best Tether Casinos – October 2020
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What is A Tether Casino?
This is any casino that supports the use of USDT for gaming on their platform. This means that bettors can easily make deposits and withdrawals with the stablecoin in that casino. So they can easily play any games of their choice with the coin.
What Games Are Available in Tether Casinos?
As expected, Tether casinos have a large collection of games due to the popularity of the stablecoin. Tether has a market capitalization of $15.6 billion. This is less than just Bitcoin and Ethereum. Consequent to this popularity, there are many Tether casinos.
Some of the Tether games are:
Tether Roulette
In roulette, the croupier spins a wheel marked with several numbers with a ball on it. The ball bounces and rests on a particular number or color. Depending on the terms of the bet, the player wins if they correctly predicted the outcome.
Tether Dice
Dice games are table games in which six-sided dice are rolled. The bettors try to predict the result of the roll and win rewards based on outcome.
Tether Blackjack
This is a popular table game, so it is not surprising to find it among Tether casino games. In blackjack, the player faces the dealer as each tries to score higher than the other. However, the maximum score is 21. Going over this results in loss by the party that scored above this critical score.
Tether Baccarat
Baccarat gives the player (you) the opportunity to bet on three possible outcomes in a card game. These options are the Player, the Banker and a tie.
Tether Poker
Poker is vintage in most physical casinos as a one-deck or two-deck card game. This interesting game has been brought to all in the Tether casino.
Tether Slots
Slots are very popular with gamers. In Tether slots, the player pulls the lever and spins the wheel for effect while a RNG-like software delivers a result on the pay-line.
Tether Crash
The multiplier can increase your Tether bet as it increases until it crashes. If you could exit before the crash, you keep the multiplied Tether, but if it crashes before your exit point, you lose the bet.
Tether Plinko
The popular pricing game has been modified for cryptocurrency. Try it with Tether for the chance of hitting a lucky slot.
Of course there are several other games that you could play with Tether.
How To Start Playing With Tether
Tether may be considered a stabilizer in the volatile cryptocurrency market. Despite its popularity, it is mostly used by traders in exchanges. To play games with this digital currency, here are steps you must take.
Understand Tether
Like other cryptocurrencies, you need a public key to be paid your gambling proceeds. You also need a private key to access the funds. Unlike other cryptocurrencies, Tether is stored on three different blockchains, Bitcoin Omni Layer, Ethereum ERC20 and Tron. So it is important to understand the token you’re sending or receiving since sending Tether to a wrong wallet would result in loss of the funds. To identify the respective wallets, it is important to know that the Omni Layer Tether address looks much like a Bitcoin address, the Ethereum ERC20 address starts with 0x while the Tron Tether tokens would have addresses that start with TX. Now this is important, always crosscheck the address to make sure that you are sending compatible Tether coins to avoid losses. You can check with the customer support of the Tether casino you’re gambling at to determine which blockchain their Tether wallet supports.
Get A Wallet
There are several wallets that can store Tether. There is also an official Tether wallet made by the company, but the setback to using this is that you’ll need to undergo a verification process which entails submitting personal documents. If you do not mind this, you could access the official Tether wallet at tether.to or on Google Play.
Other compatible wallets that could be web-based or device-based are Guarda, Coinomi, Atomic wallet, MyEtherWallet and others.
Fund Your Wallet
You should use what you have learned so far and purchase USDT from an exchange. Every exchange deals with Tether (although you shouldn’t use any you come across). Popular exchanges with reputation are better. But the stablecoin using your bank card, then store in your USDT wallet already created.
Make Deposit in Tether Casino
You should now choose a Tether casino where you’d like to play your games and make a USDT deposit. You’ll be using the fund to place bets on your favorite games.
Advantages of Tether Casinos
The main advantage of Tether casinos is that the price of USDT is stable, unlike other cryptocurrencies.
Disadvantages of Tether
Well, you could say that there are uncertainties around the coin being actually fully backed with the USD by the company. There have been controversies. If it is discovered that every USDT isn’t backed by USD, the stablecoin would lose its stability.
Finding The Best Tether Casinos
In Tether gambling, you certainly need that best casino that offers the best games and bonuses. Other features that matter are:
Good Customer Support
This makes the difference between enjoying the platform and not. The support should be easy to reach and competent in handling issues that arose.
Wide Variety of Games
There should be many games to choose from. Slots, blackjack, baccarat of different varieties.
Easy Deposits and Withdrawals
You wouldn’t want to wait hours or even days to play your games or receive your winnings.
Easy to use platform
Finding your way around and playing games shouldn’t be a hassle.
Mobile support
Users should conveniently access and play games on their mobile devices.
