What is a Tether casino?
A Tether casino, often referred to as a USDT casino, is an online crypto casino that allows players to gamble with Tether, a stable digital currency. Tether, also known as “USDT,” has been around for quite a long time – almost as long as Bitcoin itself. It has at times been the largest cryptocurrency in terms of trading volume.
In this article, we’ll cover the games you can choose from when you bet on USDT casino games, and we’ll also discuss a bit about what makes this coin special. In the end, we’ll get into some frequently asked questions people ask as they search for the best Tether casino.
But first, what’s a stablecoin?
A little note about “stablecoins”
A “stablecoin” is a cryptocurrency that is designed to avoid the high volatility that characterizes certain coins (e.g. Bitcoin, which can vary in price by thousands of dollars in a day). Tether in particular is tied to the U.S. dollar, which means that it is generally going to stay at a value of $1, regardless of what happens in the market. This is done primarily through Tether’s maintaining of cash reserves to enable redemption of coins for dollars, as well as supply adjustments.
In short, the point of a stablecoin like USDT is not to have prices skyrocket or plummet. Instead, it is made to remain stable.
Endless variety: Tether casino games
What games can you play at our Tether online casino? The variety is nearly endless. With thousands of options to choose from, you’ll pretty much never run through them all. Here’s a preview of what you can play with your casino USDT deposits:
- Slots. mBitcasino offers over five thousand options for Tether slot games. These come from leading providers like Pragmatic Play, Hacksaw Gaming, and Endorphina.
- Live games. Five hundred plus options await you when you’re in the mood for a live dealer game of blackjack, roulette, or baccarat. We also have exciting new games like Crazy Time that truly take the casino experience to the next level with wild bonus rounds.
- Table games. A wide array of table game casino classics are always here at mBitcasino.
- Blackjack. We offer more than 200 varieties of Tether blackjack, including live games and those that feature jackpot side bets. Play optimally on our most favorable versions and the house edge will be lower than 0.5%.
- Roulette. Spin the wheel and place your bets with 130+ Tether roulette games. With random multipliers in games like Lightning Roulette, you could win a surprising jackpot.
- Baccarat. This simple game is still growing in popularity, and we offer over 60 versions of it. Tether baccarat options include Mini, Pro, and VIP (all from the developer Platipus).
- Video poker. If you like poker without having to go head-to-head with other people, our Tether video poker choices give you ample options for gaming.
- Dice. USDT dice options at mBitcasino include eight games that offer impressive innovation. Tether dice games let you bet over/under on dice rolls, pick total ranges, and even uncover scratch cards.
What makes this coin worth buying?
With so many crypto options in the market, you might be wondering “What is good about this coin?” While many people are looking for a coin that will increase greatly in value, why would people want a coin that stays stable to use at a Tether casino online?
Well, the answer is that some folks need an asset in their portfolio that is reliable, and that will not be subject to any wild fluctuations. It’s a lot like having a small percentage of your portfolio invested in some cash but offers the added benefit of being usable around the world instantaneously. The upside is that the coin is generally not expected to plummet in value, which can happen with the more “exciting” cryptocurrencies that are available.
For a certain portion of your portfolio, “boring” is a necessity, and that’s what makes Tether valuable.
How to use USDT in online casinos
Getting USDT coin into your mBitcasino account is fairly simple.
- First, create your casino account. You’ll only need a verified email, and then you can get started. It’s one of the lightest processes available at any casino site.
- Next, open a digital wallet. We like Jiggle. This will be used to hold all of your various cryptocurrencies.
- After that, use the Waltzer exchange service to purchase some USDT in any amount you like. Send this to your Jiggle wallet.
- Finally, follow these steps to make a deposit into your mBitcasino account. Click on the wallet icon to commence the process.
- Play and enjoy! You are now ready to play one of our thousands of online Tether casino game options.
FAQs
What casino accepts USDT?
mBitcasino accepts USDT, among several other cryptocurrency options like Bitcoin, Litecoin, Ethereum, and even Doge.
Where can I gamble USDT?
You can gamble USDT at mBitcasino, or any other operator that offers support for this specific crypto coin.
How do I cash USDT?
If you score some winnings, you can withdraw your USDT to your digital wallet. From there, you can use a crypto exchange to convert it back into a currency of your choosing. Once you transfer this currency to your financial account, you can withdraw it as cash.
Can USDT lose value?
While any investment can lose value, Tether has performed quite well historically. Due to the coin network’s goal of staying tied to a 1:1 valuation against the U.S. dollar, the vast majority of the fluctuations in the price of Tether have been in the fractions of a cent above or below that amount.