If you want to start playing at a cryptocurrency casino, and you’ve specifically got Tether in mind as your crypto of choice, there are loads of top casinos out there for you! We’ve collected the best option here in our top list, and below we’ve given you a guide to get started. You’ll learn how this cryptocurrency works, what its advantages and disadvantages are and some tips on how to choose a Tether casino.
Plus, security, bonuses and fees are explained too. So read on to find out all you need to know about gambling online with the stablecoin cryptocurrency Tether!
Introduction to Tether
Tether launched in 2015, and today it’s one of the best cryptocurrencies for new players on the scene. This is because Tether is linked to the US dollar – so you don’t have to worry about changing prices or exchange rates while you play at cryptocurrency casinos.
Tether is a type of cryptocurrency called a Stablecoin. It was invented with the purpose of being a stable price coin for use in online transactions, while keeping the anonymity and speed of your usual cryptos.
To this end, Tether isn’t actually decentralised like most cryptos. It’s blockchain owned by a company, who back the price of the coin to make sure it stays level with the US dollar. However, to all intents and purposes each individual user remains anonymous.
Tether also gets to regulate their blockchain for smoothness and speed. This means they have some of the fastest crypto transfer times out there.
Tether: Advantages and disadvantages
Tether is great if you want the advantages of regular cryptos, like fast transactions and anonymity, but you don’t want to deal with the investing side of cryptocurrencies.
Because it shouldn’t change in value, you can leave your Tether in a casino or wallet, and not have to think about the changing exchange rate. It also means a 1 Tether bet is exactly the same as 1 USD, giving a good reference point – so this is useful if you find mBTC and 0.0001 BTC frustrating to deal with.
On the flipside, Tether won’t make you any money as an investment either. This is why some people buy cryptos, as an investment. If you just want to use them to play at online casinos though, Tether might make the most sense for you!
Tether is not only stable, but it also offers lightning fast and fre