Best Tether USDT Casinos 2021
Not all casino players have heard of the cryptocurrency USDT, also known as Tether. What is meant is a stable coin that is tied to the US dollar, for which no major price fluctuations are to be expected and which is becoming increasingly popular for this very reason – not least in the gambling industry. Meanwhile, there are only a few crypto casinos that do not accept Tether as a payment method, as the coin is already quite widespread.
Within a very short time, Tether (USDT) has managed to position itself in the crypto top charts as a stable coin. When it was founded in 2014, the digital currency was still called Real Coin, but a short time later, the founders Brock Pierce, Reeve Collins and Craig Sellars changed the name to Tether. The aim of the development is to create a lower volatility and a higher stability than is usual for other digital currencies, such as the prime example Bitcoin.
The Tether is often referred to as the “digital” US dollar because of its peg. Both rates are always identical, so the USDT 🪙 has established itself as a reliable currency for investors who are not interested in growth “spectacles” and for whom it is therefore more important to be able to rely on the stability of the coin.
While the Tether can only be used as an investment to a limited extent, the Stable Coin is even more suitable for online gaming. Even the conversion of the credit balance and the stakes is much easier than with other tokens, thanks to the identical value to the US dollar.
Interesting: Translated, “to tether” means nothing other than “to connect”. This explains how the coin got its name after the renaming. After all, USDT was one of the first stable coins tied to the US dollar.
The best Tether Casinos 2021 in the test
The “digital US dollar” is currently on the rise. More and more companies that generally accept cryptocurrencies are betting on offering Tether alongside well-known other tokens. We have tested the casinos mentioned in detail. They are consistently recommendable and a safe, licensed alternative to real-money 💰 casinos.
Like other cryptocurrencies, Tether can be bought quickly, safely and easily on popular crypto exchanges – the deposit on the gaming site is even possible in real time.
What’s behind the USDT Coin
Founded in 2014, when Tether was still called Real Coin, its development was based on the blockchain technology known from Bitcoin. This is built on strings of continuous records. With the renaming to USDT, the founders of the coin changed their strategy and have since relied on the likewise proven blockchain of Litecoin. The advantage here is a significantly higher transaction speed.
Exciting background information: For every Tether (USDT token) held, 1 US dollar is provided in reserve. This was most recently confirmed by the FSS law firm, which was supposed to verify the developers’ statement. In fact, this makes the Tether one of the safest cryptocurrencies. The matching is a great advantage for investors, but they should still not be careless with their USDT balance. If this is held on a cold wallet, for example, the company Tether Ltd. will not pay for a loss.
To buy Tether, all you need is a customer account at well-known crypto wallets, such as Bitpanda or Coinbase. The token, which is traded at a ratio of 1:1 with the dollar, is now available everywhere and can be exchanged for US dollars without much effort, but of course just as easily for euros and other real-money currencies.
Tether very popular as a stable coin
The Tether, which is stably pegged to the US dollar, is used in many areas today – and by no means only in online gambling. Many investors prefer to use their USDT to buy other digital currencies – be it Bitcoin, Bitcoin Cash, Ethereum or even Litecoin.
The popularity stems especially from the fact that no massive fluctuations are to be expected. It is precisely these that make it difficult for Bitcoin investors to assess risks correctly. Within hours ⏱, the BTC price can rise or fall massively. This is exactly what is not the case with stable coins like Tether.
Interesting: Today, experts are even working on another stable coin currency, the EURT, which is supposed to be a Tether variant based on the euro. Likewise, in many a crypto casino there is an option to make payments with USDG, Tether Gold. This currency, as the name suggests, is tied to the price of gold. Here, 1 token has the same value as one troy ounce of gold.
Here’s how playing at Tether Casino works
- Compare popular crypto casinos and choose favorites.
- Registration takes a few minutes
- After logging in, the cashier can be opened
- Choose Tether (USDT) currency or set it up in the account
- Scan QR code with your smartphone
- Alternatively: Copy one-time wallet address and paste it in your own account
- Set amount, complete transaction
As a rule, it does not take longer than a few minutes for the credit to be made to the customer account that has been set up. Only in a few exceptional cases can players be faced with waiting times of a few hours, although experience has shown that this happens extremely rarely. In this respect, players who decide to deposit with USDT do not suffer any disadvantages compared to other cryptocurrencies.
If the transaction is carried out with Tether, the preferred casino credits the amount in USDT. This way, funds can usually be separated without any problems, because further deposits can be made before and after in other digital currencies, which are listed individually in the account. Game stakes are also settled in the currency. There are sometimes exceptions, so that the display of the balance is in euros, but later payouts of winnings are also carried out in Tether.
Whether all games are really available and usable when the credit is loaded as USDT depends a bit on the company. Mostly, the portfolio is open without restrictions, so there is nothing against using the stable coin to play at the crypto casino.
Buying Tether: Easiest on crypto wallets
There are now very many proven exchanges where Tether (USDT) can be exchanged for real money. We can especially recommend the following wallets:
Registration is necessary, but from experience this only takes a few minutes. Deposits are possible without any problems with common real money currencies. Alternatively, other coins, such as Ethereum, Litecoin and Bitcoin, can be exchanged 💸 for USDT on the wallet.
Advantages & disadvantages of Tether casinos
What advantages does Tether offer as a payment method in the casino?
One of the main reasons that speak for USDT is the value stability. One is not exposed to large price fluctuations with the coin. In addition, players in crypto casinos enjoy the same high level of security with Tether as with all alternative tokens.
If USDT funds are available on the preferred wallet, they can be deposited without any complications. Ideally, the casino offers a 2-factor authorization via Google Authenticator. This ensures even better protection for transactions. Withdrawals can also be made from the crypto casino within a short time. Here, it is important to fulfill bonus conditions in advance, should a starting balance have been claimed.
All advantages at a glance:
- High acceptance in crypto casinos
- Stable coin – 1:1 identical to the US dollar
- Secure deposits and withdrawals
- Easy transition from real money to USDT
- Low network transaction fees
- Payout within hours
What are the disadvantages with Tether casinos?
As of yet, the USDT Coin is not accepted as a payment method in all crypto casinos. Thus, Tether is missing as a payment method at the well-known crypto casinos Stake and Roobet.
The topic of investment has little to do with casinos, but should still be considered at this point. The clear rates, which are based on the US dollar, can be a curse and a blessing at the same time. If you not only want to play in crypto casinos, but also want to invest tokens in the long term, USDT is ultimately hardly suitable for you.
These are the main USDT disadvantages:
- Less widely used than bitcoin and Ethereum
- Only partially suitable for investors, as the exchange rate is limited
Important to know: Although it has been confirmed that $1 is retained per USDT, each coin owner is responsible for protecting their own funds. The easiest way for investors and casino 🎲 players to protect themselves from a hacker attack is to use a cold wallet. Of course, this should be stored securely, because this is the only way to easily avoid third-party access.
Is USDT different from other coins?
As a so-called stable coin, Tether actually brings with it a crucial difference from Bitcoin, Ethereum or even Litecoin. The token was one of very few digital coins to date to be pegged to a real equivalent value, namely the US dollar. This provides it with the highest possible value stability and thus a significantly higher level of security for investors. Moreover, this is what makes the coin stand out:
- Stable Coin – no high price fluctuations.
- Low volatility
- High security standards
- Low network transaction fees
- Secure Tether casinos – it all comes down to this.
Even if crypto casinos that accept USDT payments, among other things, are not licensed in Canada, you can usually rely on their security. This applies to transactions as well as to the registration, which is carried out according to current standards. The latter is of course essential before a planned deposit.
Tether casinos are usually online casinos without limits, which are usually equipped with a Curacao license ✅. These now also stand for high standards, but offer players significantly more flexibility.
Deposit limits in USDT casinos
Limitless entertainment is one of the distinctive features of crypto casinos. Regardless of whether the deposit is made with Tether or other digital currencies, there usually do not have to be any upper limits. After all, the companies behind them do not follow regulations set in Canada and thus refrain from limiting deposits to 1,000 euros per month. Even if a limit is specified, it only applies per transaction, and at least theoretically, players can also refill their customer account there as often as they want.
The lower limit is often 10 USDT per booking. However, there can be small deviations here, because every crypto casino has its own specifications regarding the minimum deposit amount. However, players are generally not asked to pay too much.
The situation is similar with the payout of winnings. Provided that optionally claimed bonuses have been wagered, an unlimited amount of credit can be paid out. However, the verification process must be completed before a certain amount is paid out. This involves submitting personal documents – including ID, a recent energy bill and the like.
Which games work with Tether Coins?
Usually, crypto casinos do not differentiate between different coins and the availability of offered game rubrics. Basically, almost all game types and variants can be used, although it may well be that, at least with various companies, playing is only possible with euros 💶 or bitcoin. In addition, there are some providers that automatically convert crypto funds into real money currency or display the current balance value and the bet amount in euros.
If there are any questions regarding the availability of certain categories, they can usually be clarified quickly with the support team. If USDT payments are permitted, however, there should generally not be too many restrictions on the portfolio.
Here are some categories that are available for selection:
- Jackpot games
- Live Casino Games
- Tips & Tricks for payment with USDT
The Tether is a token, which can be purchased at comparatively low conditions. It is important not to rely on the first wallet that comes along, but to plan a little time to compare all proven providers 🚀. Although the rate per USDT is always identical, the fees can vary a bit. The goal should not only be to save money for casino customers. This works by choosing a wallet with fair and especially transparent network transaction fees.
In addition, Tether buyers should keep the following in mind:
- Choosing crypto casinos with USDT bonuses.
- Provider comparison with a view to games, promotions & respectability.
- Use wallets that charge low fees
- Pay attention to possible deposit and withdrawal limits
- Keep an eye on dollar exchange rates in order to buy USDT cheaply
- Set loss and stake limits in the casino
- Tether USDT Alternatives
Meanwhile, more and more cryptocurrencies are being implemented in the gaming industry in this country as well. The Tether is popular as a stable coin, especially among investors who want to keep a safe value. Significantly more scope and thus also interesting for other areas, such as trading, are these USDT alternatives for casino customers:
At least Bitcoin, Ethereum and Litecoin are actually accepted by all reputable crypto casinos today. As far as the other tokens are concerned, however, acceptance is not yet widespread. Some online casinos that specialize in crypto are very broadly positioned, while others limit themselves to a few proven coins. Tether itself is not yet available at Stake.com and Roobet Casino ⭐, whereas many alternative coins may be chosen as payment methods.
Tether Casino FAQ
Precisely because USDT is still little known in the gambling industry, it makes sense to look into the most important aspects of the cryptocurrency. It will probably still take a while until the Tether achieves a similar level of awareness as, for example, Bitcoin, which is considered the forerunner of cryptos. However, as its acceptance in online casinos is growing, we have summarized some of the most important questions and answers about the USDT Coin at this point.
What does Stable Coin mean?
The background of so-called stable coins, among which Tether is first and foremost, is the minimization of massive price fluctuations – so no comparison to what we experience with Bitcoin. Stable Coins are, in order to achieve exactly this, linked to fixed values. This can be seen well in the example of USDT, as its exchange rate is basically identical to that of the US dollar. The newer USDC works similarly, with its price also based on the dollar.
Strictly speaking, there are three different forms of the stable coin. This is because it can be linked to not only the base value of a real money currency.
Other cryptocurrencies or certain algorithms possible. As with USDT, also called Tether, variant 1 is the most common.
As already explained, ADA generally incurs significantly lower fees than other digital assets. This alone is an aspect that speaks for the choice of the still comparatively unknown token in the gaming industry. Despite many advantages offered by stable coins, it must be clearly stated that they are not better protected than blockchain-based cryptocurrencies 🪙, such as Ethereum or Litecoin, to name just a few.
Are Tether payments subject to fees?
Costs arise from the so-called network transaction fees. For example, if you deposit 100 euros into the wallet and buy USDT with it, you have to expect a deduction, albeit a small one. The same applies to deposits into the crypto casino, although the costs for a booking usually remain relatively manageable. The casino operators actually have no influence on the fees, because these arise during the transfer from the wallet to the player account. Reputable companies in the gambling industry do not charge their customers any further costs.
If it is possible for the operators, they transparently state all network transaction fees in the cashier area. However, it is often not possible to name a specific amount, as it depends heavily on which crypto wallet the customer has chosen. While the differences do not turn out to be too high, at least in the long run, it can definitely make a difference which wallet one uses for USDT and other cryptocurrencies.
How can I buy USDT?
The selection of crypto exchanges and wallets, such as Binance, Exodus and the like, is now also relatively large in this country. To purchase Tether, it is sufficient to choose one of these exchanges, set up a personal account and subsequently deposit funds in real money currency. Once the credit has been made, the money can be exchanged for any digital assets, also called tokens or crypto coins. The process usually takes only a few minutes.
There are hardly any upper limits for USDT buyers, and the Tether deposit in the casino can usually be unlimited as well. Unlike casinos with Canadian licenses, the providers regulated by the authority in Curacao rely on giving their customers the choice of personal limits instead of limiting payments to 1,000 euros (or equivalent) per month. The USDT in particular shows an advantage, as the value of a token is always identical to the current dollar exchange rate. Of course, this makes the conversion a lot easier than with alternatives like Bitcoin or Ethereum.
Is it safe to pay with Tether in online casinos?
Basically, the USDT token is no less secure than other cryptocurrencies. Ultimately, it always depends on which provider you choose as a player. Ideally, the option is offered to carry out transactions in the 2-factor procedure in order to protect them as best as possible from third-party access. In addition to a suitable wallet, the Google Authenticator app is required in this case. It can be downloaded free of charge from the Play Store.
But even without this option, the protection of the coins at renowned casinos is in the foreground. For each booking, an individual wallet address is generated, to which the payment can be made via the user’s own wallet, for example Coinbase or Bitpanda. Those who do not want to type in this address manually have the option to simply scan the QR code, which is also displayed, with their smartphone and tablet.
How can I recognize reputable Tether USDT casinos?
Basically, USDT casinos offer the same general conditions as Bitcoin casinos, for example. Here, too, it is recommended to take a look at existing licenses, to take a closer look at bonus promotions and associated conditions and, of course, to check how the gaming options in Tether currency are.
Reputable providers in the gambling industry, which are preferably referred to as crypto casinos, do not necessarily have to be licensed by the MGA Malta in order to be classified as safe. Even licenses from Curacao are only granted by the corresponding authority under very strict conditions. Another aspect that speaks for secure entertainment is the optional 2-factor authorization. This allows USDT transactions to be doubly secured. And: A reliable provider carries out deposits and withdrawals as quickly as possible.
Is there a Tether Casino bonus?
In fact, some crypto casinos are also generous to customers who reward their first – sometimes even further – deposit with USDT. The bonus is then paid out in currency equivalent.
For example, Bitstarz offers up to 500 Tether Coins as a starting credit, distributed over the first four qualifying deposits. The welcome package 🎁 is therefore by no means only aimed at customers who deposit with bitcoin or euros.
Oshi.io also converts bonuses into USDT if necessary. Instead of the mentioned 300 euros in the bonus package, players can consequently just as easily claim up to 300 Tether Tokens plus the specified 250 free spins. The prerequisite is a deposit of at least 10 USDT, whereby new customers are of course free to invest more directly – in order to exhaust the entire bonus.
A whole 1,000 USDT beckon for new customers who register with Mbit. Here, too, an additional package of 300 free spins is offered. Those who deposit again afterwards can look forward to another 50% up to a maximum of 2,500 Tether as well as a third 75% bonus up to 1,500 USDT.
Most providers are very generous and do not leave out customers who prefer Tether to other cryptocurrencies. Despite all the anticipation of a solid starting balance, it is important to take a close look at the bonus conditions. These can vary greatly depending on the casino and are therefore sometimes more and sometimes less simple to implement.
Conclusion on Tether Casinos in Canada
While gambling enthusiasts benefit from Bitcoin, Ethereum, and Litecoin, pure casino players are offered the price-stable Tether. Due to its high security standards and low volatility, USDT has quickly made it to the top of the crypto rankings. In the meantime, it is also becoming increasingly popular in the field of crypto gaming – as shown by a majority of the providers we reviewed, after all.
The advantage is that players can play all slots and classics with USDT as well as with other digital and real money currencies. Moreover, buying Tether on well-known exchanges like Binance 🌟 and Coinbase is super easy. Here, both euros and any other currencies can be exchanged for USDT. The exchange rate always remains identical to the US dollar.
Tether is safe and reputable. It is therefore all the less surprising that acceptance has increased significantly in recent years. As far as the accruing network transaction fees are concerned, a comparison of several crypto exchanges is generally recommended for USDT buyers as well.