A beginner’s guide to using USDT for your online betting needs
Are you looking for new ways you can boost your online betting experience? At Bitcasino, you have access to various digital currencies that you can use to maximise playing your favourite casino games and bet on the top sports. Among the best and most reliable coins, you can take advantage of at Bitcasino is Tether or USDT.
USDT is a popular stablecoin used by crypto users to leverage their crypto trades. The goal of USDT is to be unchanged by the crypto market changes that greatly impact the price of other coins.
When USDT is used to bet at renowned casinos like Bitcasino, punters can expect a new level of betting experience and play their favourite Bitcasino slots with no trouble. Betting with USDT allows punters to take advantage of various perks and bet on their favourite casino games and sports stress-free. Learn more about USDT betting and the benefits that come with it below.
Why should you bet using USDT?
The value of USDT, one of the most stable coins, rarely experiences wild fluctuations. If you're worried about the price volatility of crypto tokens, you can rest easy knowing this one is pegged to the dollar.
In addition to its improved stability, USDT boasts faster transaction rates than conventional fiat currency. Quick transactions and a constant value make stablecoins an attractive option for online punters.
Due to the various benefits USDT offers its users, it became a go-to payment method for most online sports bettors and casino players. Now, punters worldwide can bet online and have a worthwhile experience with zero hassle.
USDT: A reliable stablecoin for your betting needs
When it comes to online betting, the use of USDT is almost limitless thanks to its centralised, reliable, and smart network. One of the best features of USDT is how it can handle transactions flawlessly. With this, USDT became a top online payment method for various online betting services such as:
With USDT's rise as the third most popular coin next to Ethereum (ETH), the online casino gaming community has completely embraced it. When you bet on your favourite Bitcasino live casino using USDT, you can experience a whole new level of worthwhile betting sessions due to fast transactions.
The top live casino games you can play using USDT are blackjack, baccarat, poker, and roulette. The cherry on top is that with USDT, you can access different games with unique themes and high return-to-player rates.
Another type of online betting activity wherein you can maximise the use of USDT is sports betting. At Bitcasino, you will find the most popular casino games and the top sports you can bet on.
Most punters who opt for a worthwhile betting experience use USDT as their top payment method. Since USDT is huge in sports betting, you can bet on the top sports leagues and teams, such as football, cricket, basketball, and many more.
Although USDT is the third most popular coin, it is second to none regarding its perks. Aside from allowing you to bet hassle-free, USDT also offers more benefits to its users when used for online betting. Some of these benefits include:
Even though USDT is pegged to the US dollar, it is still a digital currency. By utilising the distributed ledger technology found in the blockchain, USDT users can achieve lightning-fast processing time for most of their transactions.
On casino sites that accept USDT, transaction delays are extremely rare. Most of the casino sites that accept USDT guarantee fast payouts and deposits.
The price volatility of coins has always been a concern for crypto users. For example, you start betting when the value of one Bitcoin (BTC) is $30,000. After betting on your favourite sports and casino games for a few days, you decide it's time to withdraw your money.
However, upon checking, due to the volatile nature of crypto, you see that one BTC is currently worth $20,000. It won't matter how many times you win because you'll still come out on the losing end.
This is where USDT comes on top. Tether's value is pegged to the dollar, so 1 USDT equals $1. The volatility of this coin poses no problems for the users and casino sites that accept it. Thanks to USDT's stability, you can bet with the same amount of money you had before.
Since USDT works like other coins, no sensitive data will be required throughout the online transaction process. Unlike standard currency transactions, where your data is exposed in the event of a cyber attack, USDT transactions do not require you to submit your info to any third parties. Thanks to this, you can rest assured that your data won't be leaked online. To access your funds, all you need is to know the address that comes with your digital wallet.
Better RTPs and lesser fees
There is no place better than a crypto casino to get a high return to player (RTP) percentage. Unless a game distinctively shows a low RTP, players on USDT casino sites can expect games with high RTP. Of course, when it comes time to cash out, players can expect to receive generous payouts.
By processing bets and payouts on the decentralised blockchain system, crypto casinos can keep their house advantage to a minimum. Since USDT is centralised, fees are lessened. This way, you come out ahead and obtain better payouts when you win.
Privacy has always been one of the key features of crypto betting platforms. When you bet at Bitcasino and other USDT sites, you don't have to reveal your identity and personal info to play games and bet on your favourite sports. Moreover, you are not restricted by your physical location in any way. To place bets, all you need is an electronic wallet.
You can reap the benefits of crypto gaming with USDT while also benefiting from stable token values. Bitcasino is just one of several online betting sites that runs advertising campaigns to attract more punters into using digital tokens for betting.
Bitcasino and other USDT sites are more generous to their users when it comes to crypto bets. If you bet at Bitcasino, you are eligible to claim Bitcasino bonuses and promotions that you can take advantage of to maximise your betting experience and boost your odds.
Easy to convert
Another benefit of using USDT is that it is readily convertible to fiat currency. This is helpful if you plan on making monetary transactions with other people via online casinos or other means. In addition, there will be no need to coordinate with third parties or use an external payment processor, making your transactions hassle-free.
How to bet using Tether in Bitcasino
Can't wait to experience an online betting experience like never before? Win big when you play your favourite casino games and bet on the top sports using the most reliable stablecoin, USDT. To start, you can use the following payment methods that Bitcasino offers:
Through bank transfer
To deposit to your account and start playing and betting using USDT through bank transfer, just follow these simple steps:
On the Bitcasino Funds tab, select the option to 'deposit through bank transfer'.
Pick the one that says 'instant bank transfer'.
Put in the amount of USDT that you want to deposit. One US Dollar Tether transaction can be as little as 55 USDT or as much as 10,000 USDT.
Put your first and last name where it says 'name' in the payment section.
You can check the pricing breakdown to get an idea of how much 1 USDT will cost. To proceed to the checkout page, click 'proceed'.
Connect your wallet
Moving your funds is fast and easy if you have a crypto wallet and an existing Bitcasino account. If you want to bet with USDT by connecting your crypto wallet, here's how:
Locate the 'add/remove wallets' button on the Bitcasino page's 'funds' tab. Once you click the button, you will be presented with a selection of accepted crypto options for the current transaction. Select USDT-Tether and click the 'save' button.
After the first step, you will see your crypto token with USDT. There will be links to make deposits, withdrawals, and purchases next to it.
Pick the platform you'd like to use for your money transfer. Both Ethereum ERC20 and Tron TRC20 are available.
If you want to send some USDT, you must copy the deposit code underneath the network option or use the QR code.
Simply copy the code and paste it into the field provided on your crypto wallet's Bitcasino account funding page, along with the desired USDT transfer amount. Once done, wait a few moments for your funds to be credited to your account.
Bet all you want using Tether at Bitcasino!
Now that you have a firm grasp on how to bet using USDT, you can start betting on your favourite casino games and sports for a betting experience like no other. The cherry on top? You can win generous prizes while taking full advantage of the benefits USDT betting offers here at Bitcasino.
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Bitcasino is the First Licensed Online Crypto Casino operating since 2014. Bitcasino.io is owned and operated by Moon Technologies B.V. It is licensed and regulated by the Government of Curaçao under the gaming license 1668/JAZ. Some payment methods are handled by its wholly owned subsidiary, mProcessing Solutions Ltd, Cyprus (Menandrou 4, 1066, Nicosia, Cyprus).