How to gamble with Tether
USDT coin or better known as Tether is an easy to use crypto currently for gambling that has more stability than many others. How does it do this? We will find out in this article as we discuss what Tether is and how you can use it to gamble.
Many of the games you find on Highest Casino Bonuses make gambling with crypto very easy, Tether included. But what exactly is Tether?
What is USDT coin?
Come July 2021, USDT will be seven years old. So, it’s been around for quite a while. However, the currency itself has been around for a lot longer than that.
USTD, as the name would suggest, is connected to the United States Dollar. This type of cryptocurrency is called stablecoin because of the stability the fiat currency has in comparison to the very volatile crypto environment. USTD itself is owned by Tether Limited which keeps an equivalent of real USD for every USDT coin.
So one Tether is equal to one USD.
To keep everyone’s nerves at ease, the company provides daily updates on their bank reserves on their websites. What has this done for this crypto? Well, they have surpassed Bitcoin as the most traded cryptocurrency in the world.
Why bet with Tether?
Since you have the stability of the U.S. Dollar, the value of your crypto won’t run the risk of plummeting overnight. Crypto also makes transactions for gambling a lot faster than fiat currencies, saving you time and easing your nerves.
With USTD, you can gamble with the value of the U.S. Dollar but have all the benefits of crypto.
How to gamble with Tether.
To gamble with any cryptocurrency you need two things. A crypto wallet to store it and a crypto exchange to deposit it. It’s important to note that not all gambling developers create ways to gamble with crypto, so make sure that you can use USTD in the casino and table or slot you want to gamble with.
At Highest Casino Bonuses, most of our tables and slots accept crypto. These include providers like:
- Booming Games
- NoLimit City
Just because Tether is more stable, it does not mean that it is any less dangerous. All forms of gambling are addictive. If you are going to gamble, make sure you do so responsibly and ask for help the moment you notice problem gambling.