Is USDT gambling legal?

Tether Gambling Sites

Tether (ticker: USDT) is the major stablecoin of the crypto world. Stablecoins are cryptocurrencies with an innate technical & economic design that allows them to maintain a stable value. USDT tokens keep a constant market price of one dollar ($1). Apart from their main use, which is to protect crypto investors from market volatility, stablecoins have a legitimate use case in online gambling.

Tether gambling sites allow players to enjoy all the benefits of cryptocurrency transactions without having to worry about crypto price swings. High match-up bonuses, exclusive crypto games and fast withdrawals are just a few perks of gambling sites that accept USDT. Keep on reading to discover what other advantages the best USDT casinos boast.

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What do Tether Casinos bring to the table

The high price volatility levels that almost all cryptocurrencies have is one of the most important deterrents of crypto gambling. Players just want to have an easy and convenient way to transfer funds. The idea that your bankroll’s value can just crumble overnight is certainly not the most reassuring thing.

Well, Tether casinos completely negate this flaw and let you maintain your peace of mind. On top of that, our top picks facilitate under the radar gambling, so that your private details will remain secure and no bank will ever see your transactions. Check them out.

Casino

Rating

USDT Wallet

Highlights

Jackbit Review

4.1/5

Deposit Bonus

14+ Coins

7,000+ Games

Over 100 Providers

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BC.Game Review

4.3/5

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100+ Coins

Over 5,400 Games

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Crypto payments of all kinds are extremely convenient for online gambling sites. There is no possibility to dispute or chargeback a payment, and third-party fees are usually negligible, but they depend on the network used. Also, brands are able to advertise to all international players, as crypto transactions know no geographical borders. For this reason, ‘Bitcoin casino bonus codes and promotions’, as crypto bonuses are commonly called, are usually far better than their traditional counterparts.

Transaction settlements for Tether payments get processed in decentralized blockchain networks such as Bitcoin, Ethereum and Tron. Banks or other financial services will have a hard time controlling your fund transfers. Say goodbye to account audits and frozen funds.

The best USDT casinos usually offer fast withdrawals. This is especially true if you opt to pay via fast blockchain networks such as Tron and Solana. After the confirmation of your withdrawal request from the casino’s payment department, you will receive the precious winnings within a few seconds or minutes, depending on the network.

If we had to single out just one benefit, that would be it. Stablecoins are perhaps the most efficient crypto payment method. Their stable value allows for safe and effective bankroll management. We strongly believe that all the best online crypto casinos should accept USDT deposits.

How to find the best Tether gambling sites

Of course, just the fact that a brand accepts USDT deposits does not mean that their casino will automatically be good. You will have to take into consideration certain variables, in order to find the best site for you. Do not forget, crypto and Bitcoin gambling also have their respective drawbacks.

Tether Payment Networks

Tether is a digital token, it does not have its own blockchain network. USDT transactions can settle in multiple networks that are technically able to support them. For gambling purposes, the most popular ones are Ethereum (ERC-20), Tron (TRC-20), and Bitcoin (OMNI).

When you click a casino’s deposit methods, separate supported networks will be specified. From the three above, TRC-20 transactions are the fastest and the cheapest, so try and find Tether gambling sites that support Tron USDT payments.

Suitable Casino Product

In the end, it all comes down if you like or not the games that the casino has to offer. Adequate payment methods do not make up for a lack of slots and live tables. Furthermore, crypto games are some of the most innovative ones around, so do not keep your expectations low. Additionally, make sure that the casino offers provably fair games. Probably fair technology allows players to verify if the result of a game round or hand was fair or not.

Legitimate Terms & Conditions

Who is the operator behind the casino brand? Does it hold a license, or is it independent? Does a withdrawal request come with a full KYC check? These are all important information that you will have to check out before you complete the first deposit in all Tether gambling sites. Many players go all-in blindly, only to face several issues afterwards.

In addition, do not forget to check the t&c’s of each individual promotion, in order to fully comprehend the rules. Last but not least, make sure to read other player comments in online gambling forums. Feel also free to check our own Bitcoin casino reviews, to get a good grasp on different brands.

RATING

4.4/5

YEAR EST

2022

Not available in United States

Crypto Bonuses

Soft KYC

Low Exchange Fees

Buy Crypto With Fiat

USDT Casinos with In-Game Wallets

Casino

Rating

Crypto Wallets

Highlights

Jackbit

4.1/5

Deposit Bonus

14+ Coins

7,000+ Games

Over 100 Providers

Changelly & Moonpay

Bonus Up To100 FS

BC.Game

4.3/5

Deposit Bonus

100+ Coins

Over 5,400 Games

60+ Providers

DeFi Tools

120% Bonus Up To$20,000

Most casino players enjoy placing some sports betslips here and there. Many gambling sites add a sports section just as a second thought and is usually of subpar quality. So, if you look forward to USDT betting too, make sure to check the sportsbook product beforehand.

Objectively, the Tron network is the most efficient for your USDT transactions, but there are many out there that do not like this specific project. Ethereum’s network is generally the one most commonly used, but that comes with higher fees. Consider your options carefully. It would be better to choose a casino that offers all networks for added flexibility.

One of the most common mistakes. Some promotions in crypto casinos are for Bitcoin deposits only, even if the site accepts a multitude of cryptocurrencies. There are even some Tether casinos with such offers, so read the terms and conditions carefully.

Laws on cryptocurrencies are a gray area. Most countries do not have clear legislation on the matter. You will have to read and comprehend well your country’s laws and regulations on crypto transactions and online gambling, so you don’t find yourself in legal trouble.

Pro Tips

High match-up bonuses have high rollovers

Good beginner cryptocurrency

Tether can be traded in most crypto exchanges

The statement instant withdrawals is not always true

USDT fees are usually low but do not underestimate them

Always check online forums and reviews before depositing

Casino

BC.Game

4.3/5

YEAR EST

2020

100+ coins

Over 5,400 Games

60+ Providers

DeFi tools

Pragmatic Play

Play ’n GO

No Limit City

Exclusive Offer

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Start your action at Tether Gambling Sites

With all the information above, we are sure that you will be able to find a USDT gambling site that suits your needs. Let’s get down to brass tacks and talk about the actual Tether deposit. Do not worry, it will not be harder than an online purchase with debit cards. Furthermore, if you are a beginner in crypto transactions, you can always check our detailed step-by-step bitcoin gambling guides.

First of all, you will have to buy Tether tokens from a crypto exchange. There will be ample selection here. Bitfinex is the first exchange that comes to mind, as they are closely related to the Tether group. Other major names include Binance, Coinbase and Kraken. Every exchange has its pros and cons, so check what is best for you.

Great, you now have USDT. Now send the amount you wish to use as a crypto gambling bankroll to your personal wallet. Exodus and Coinomi are two good hot wallet options. Remember, never make direct transactions between crypto exchanges and crypto gambling sites. Exchanges flag most brands as risky merchants and you may find your account blocked in no time.

Lastly, go to the cashier section of the USDT gambling site you chose. Pick a Tether method (Beware of the network) and copy-paste the address that will appear to your wallet’s send function. That’s it, if everything is correct you will fund your account within a few seconds/minutes.

Technical Pro-tips

Tether’s first network was OMNI, which is based on Bitcoin’s decentralized ledger. However, most people nowadays use Ethereum’s ERC-20 network. The issue here is that due to Ethereum’s congestion as of late, transactions fees can momentarily skyrocket to extreme levels, which makes small-amount transactions simply not viable. Imagine spending $100 in fees just for a $20 payment.

Simply unacceptable. This issue is not yet fully resolved. This is why we consider Tron’s network the best solution for the time being. Payments via the Tron network have almost negligible fees and are settled within mere seconds. The main issue here is that many crypto enthusiasts believe that Tron is not decentralized and transparent enough.

Be that as it may, there have been no reports of lost funds due to Tron’s technical issues. Nevertheless, recently Tether added Solana as a compatible network for USDT transactions. Solana was one of the most prominent crypto projects back in 2021. We hope that there will be some Tether gambling sites that add Solana USDT payments soon, as they also boast low fees and lightning-fast speed.

Are Tether Gambling Sites worth it?

More and more brands are incorporating crypto payment solutions in their deposit & withdrawal methods. Almost all new operators in the online gambling scene start with an arsenal of at least a few cryptocurrencies. Tether casinos offer one of the best payment-focused cryptocurrencies, as the $1 stable value of USDT tokens makes a crypto gambler’s life much easier. Our honest opinion is that USDT gambling is a must for every serious player out there.

Casino

Jackbit

4.1/5

YEAR EST

2022

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Over 100 Providers

Changelly & Moonpay

Pragmatic Play

Play ’n GO

No Limit City

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FAQs

‘Tether limited’ is the name of the company that issues USDT tokens. USDT is the ticker name for exchanges, like BTC for Bitcoin. Tether issues tokens pegged to the value of other FIAT currencies like the euro or yuan as well, but the brand name is usually used to refer to its dollar-backed token.

Theoretically, Tether limited fully backs up every single USDT token with the equivalent dollars in cash. But lately, it is has been demonstrated that the tokens are backed with other assets as well, like loans receivables and securities.

Yes, most brands are completely legitimate. However, you should always be careful as most of them hold an offshore license or no license at all. Do diligent research, and read other player comments on relevant online forums. Keep also in mind that many scammers seek to take advantage of the recent crypto gambling site surge.

The legality and taxation of USDT gambling transactions and profits depend on your local laws and regulations, so they can vary highly. The catch here is that Tether faces quite a few controversial accusations regarding its operations, and it has also dealt with legal disputes. For example, it is fully banned in the New York State of the USA. Every month articles sprout saying that Tether is about to collapse but despite this, nobody has ever lost Tether funds. It is still the most popular stablecoin in most crypto exchanges and facilitates the transfer of billions of dollars. The case is highly debatable, so it would be better to do your own research.

Tether Gambling Sites

What do Tether Casinos bring to the table

Which benefits do the Best USDT Casinos hold

Crypto Bonuses

Increased Anonymity

Quick Payouts

No Volatility

How to find the best Tether gambling sites

Tether Payment Networks

Suitable Casino Product

Legitimate Terms & Conditions

USDT Casinos with In-Game Wallets

What to be aware of in USDT Gambling

Sports

Tether Networks

Bonus Availability

Legality

Start your action at Tether Gambling Sites

Technical Pro-tips

Are Tether Gambling Sites worth it?