Pros and cons of using a Tether casino
Tether: Pros & Cons
- Limited fluctuation in currency value
- Two-factor authentication for secure payments
- Low transaction fees
- Rapid cash-out times
- Tether casinos are less common
How to play casino games with Tether
Tether is inherently different from other cryptocurrencies in that it’s a “stablecoin” – a cryptocurrency linked to real-world currency equivalent. In this case, Tether is linked to the US dollar, hence the nickname “digital US dollar” or USDT.
With that said, the process of acquiring USDT is virtually the same as other cryptocurrencies. We’ve provided a brief overview of how it works below…
- Download and register a Tether wallet:
When you’ve acquired Tether you’ll need somewhere to store it securely – and preferably somewhere convenient. A dedicated Tether wallet app is perfect for this, allowing you to store and use tokens with ease.
- Head to your preferred crypto exchange:
Once you’re set up with a wallet, it’s time to purchase some tokens. Tons of reputable crypto exchanges sell Tether, so shop around to find the deals and offerings you like the look of. It’s worth reading a few crypto exchange reviews if you get stuck.
- Select an amount and make your purchase:
Choose the amount of Tether coins you wish to purchase before following the steps to add the funds to your wallet.
How easy is it to make a deposit on different Tether casino sites?
So, your Tether wallet is bursting with USDT and you’re ready to start using those shiny new tokens. What happens next?
We’re happy to report that getting started on your favourite online casinos is easy with Tether. Sure, the deposit process is a little different to what you may be used to, but when you’ve done it once, you might find it easier than traditional card transactions.
Here’s a quick look at how to make a Tether deposit on your favourite
crypto casino:
- Find a Tether casino:
Not all casinos accept Tether
yet, but there are still plenty of choices out there. Stick with The Game Haus for updates on new and upcoming Tether-accepting operators.
- Get registered and head to the “deposits” page:
Registering with a new online casino is simple but there are some verification steps to validate your age and address. When that’s out the way, make for the payments or deposits page to add funds to your new account.
- Select the amount of USDT you wish to deposit:
Select Tether from the choice of cryptocurrencies available and then tap in your desired deposit amount. For the next step, you’ll need your smartphone, so have it to hand.
- Scan the QR code from your Tether wallet:
In order to link your Tether wallet with the casino, you’ll need to scan the QR code displayed on the deposit page. Your chosen Tether wallet app should have an in-built function to facilitate this.
- Follow the steps to complete the transaction:
When you’ve scanned the QR code successfully, it’s just a case of following the steps. The funds should reach your casino account within a couple of minutes, after which you’re ready to play.
Deposits and withdrawals on a Tether casino: What you need to know
The speed of withdrawals and deposits is a key consideration for most online casino players. So you’ll be pleased to read that using Tether is among the fastest and most affordable ways to make crypto transactions and fund casino play.
USDT processing is wicked fast, with minimal downtime between making a transaction and moving funds. This is the case for both casino deposits and withdrawals, though you may need to wait slightly longer to receive USDT than you would to send it – as this is more dependent on the operator’s processing times.
Typically, you can expect near-instant deposits when adding Tether coins to your preferred online casino, with funds available in a matter of seconds or minutes at a stretch. As for withdrawals, some Tether-accepting casinos guarantee instant processing, though you’ll usually have to wait one to three days for the funds to register back in your Tether wallet.
Tether transactions are rapid, then, but what about limits?
From our research, we found that most Tether casinos have a 10 USDT lower limit for deposits and no maximum. And when it comes to withdrawing funds, you’re usually looking at around a 20 USDT minimum for cash-outs.
We should say that Tether transaction limits and speeds vary widely between operators, so you’ll need to read the T&Cs carefully before you start.
| Transaction type |
Min. limit |
Max. limit |
Timeframe |
| Deposits |
10 USDT |
Unlimited |
Instant to a couple of minutes |
| Withdrawals |
20 USDT |
Unlimited where funds are available |
Instant to 1-3 days |
*All figures are representative and subject to operator T&Cs.
Are there any verification rules for accessing Tether?
The secret to Tether’s success lies in its rigorous approach to security, compliance and user safety. It’s among the most trusted cryptocurrencies in the world, so it makes sense that the platform has a stringent verification process for all new users.
Don’t be alarmed though, as this isn’t as scary or demanding as it sounds. However, it can be quite time-consuming, with manual verification checks taking anywhere from a few days to several weeks to complete, so you’ll want to get a head start.
Tether reviews all account activation requests manually, hence the slight delay in getting started. It’s not as painful as it sounds though and once you’ve got going, you’re rewarded with super-fast transaction times when funding your online casino play.
Our favorite Tether casinos
1.
$55 Stake Cash + 260K Gold Coins + 5% Rakeback
Players from Virginia accepted
2.
45 SC FREE + 451K GC + 10 Treasure Chest
Players from Virginia accepted
3.
FREE 5 SC + 50K Gold Coins
Players from Virginia accepted
4.
2000 Gold Coins & 2 PBR Sweeps Coins
Players from Virginia accepted
Best Alternative
Go to Real Prize
How long has Tether been around and is it safe?
Tether has been around for nigh-on a decade, making it one of the original cryptocurrencies built on the early Bitcoin blockchain. Initially, it was known as “Realcoin” but company founders changed the name to Tether to better reflect the fact that the currency is a form of stablecoin.
Speaking of which, this element of Tether is what makes it such a popular – and safer – option for lots of online casino players. The fact that every Tether coin is backed by an original currency (the US dollar) means it isn’t subjected to the same price volatility as other virtual currencies, making it a more predictable option.
Where does Tether rank against other cryptocurrencies?
The popularity of Tether casinos is growing all the time, but how does this cryptocurrency compare to others in the market? And what factors should you consider when deciding on the crypto coin that’s right for you?
1. Tether vs Bitcoin
The fact is that Bitcoin remains the world’s largest cryptocurrency by a considerable margin, and most casino players will choose it for this reason alone. But Tether’s stablecoin value benefit is worth considering, particularly if you’re not looking to spend time researching crypto valuations.
2. Tether vs Dogecoin
Dogecoin is fast, stable and widely available, with a growing network of supporters and vendors. Since Tether is a stablecoin and not intended to become more valuable, it’s difficult to compare it to a token like Dogecoin. Still, Tether may be a safer bet if you value speed
and
predictable value.
3. Tether vs Ripple
Casino players love Ripple because of its accessibility, speed, and low transaction fees. Tether isn’t quite so easy to get started with, but you will still benefit from above-average performance and affordable transactions – provided you choose the right casino, that is.
Three key takeaways for using Tether casino sites
All clear on Tether-accepting casinos so far? Before you go, here are three need-to-know facts to remember about the cryptocurrency and how it works for online casino play.
Tether tokens can be used to play a wide range of casino games
Using a cryptocurrency like Tether to fund casino play might feel completely different from the outset, but you can still play all your favourite titles just as you normally would. Casinos that accept Tether have a huge range of categories to choose from, including live casino games, roulette, blackjack, slots and video poker.
Look for casinos with specific USDT bonuses
While some crypto casinos may accept Tether, others will go a step further and provide bonuses and promos in USDT. It’s worth looking out for these providers, as you stand to get more value for money by redeeming offers with a USDT-focused casino than you would with a general crypto operator.
Compare all the usual stuff when settling on a casino operator
There are enough Tether-accepting casinos out there for you to compare different features and offers, so spend some time getting to know the options. Weigh up pros and cons like game choice, fees, and customer service provision to find the operator that suits how you like to play.
Closing thoughts on Tether casinos
If you want to start using cryptocurrency to pay for online casino action, but you don’t want to get bogged down constantly checking volatile crypto values, Tether could be the virtual currency for you.
Yes, the verification process is a little long-winded and there aren’t tons of operators to choose from. But if you want fast cash-outs, low fees, and predictable pricing, Tether is worth your time. Take a look at the banners on our site for the latest offers and promos from casinos that accept Tether.
Our favorite USDT casino bonuses
1.
$55 Stake Cash + 260K Gold Coins + 5% Rakeback
Players from Virginia accepted
Requirements (WR): 3x
2.
45 SC FREE + 451K GC + 10 Treasure Chest
Players from Virginia accepted
3.
FREE 5 SC + 50K Gold Coins
Players from Virginia accepted
4.
2000 Gold Coins & 2 PBR Sweeps Coins
Players from Virginia accepted
Best Alternative
Go to Real Prize
Tether casino FAQ
🤔 What is a stablecoin?
Tether is a unique cryptocurrency that is rapidly becoming a go-to for online casino players. But what do people mean they call it a “stablecoin”? Our comprehensive guide has all the details you need.
💸 Do I have to pay fees to use Tether on online casinos?
All cryptocurrencies have fees attached, and other vendors can charge you for processing them too. Our Tether guide can help you get to grips with the fees for using this type of crypto in online casinos.
🛡️ Is it safe to use Tether on online casinos?
Cryptocurrencies are valued for their two-factor authentication and impregnable value chains, which are stored in blockchain code. Learn more about why currencies like Tether are a safe bet for online casino play in our detailed guide.
More Crypto Casino Topics
