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Tether betting has become very popular over few years, so what is it? Tether, known by its ticker symbol USDT is a stable coin, pegged to a fiat Dollar, meaning it’s unaffected by the price of Bitcoin and the wild swings of the crypto markets. The reason investors and traders use Tether is liquidity, or the ability to get in and out of cryptocurrency positions without huge price changes. In the last few days, Tether has reported 38 billion in trading volume, making it the most liquid cryptocurrency, even more liquid than Bitcoin. Not only is it the largest stable coin, but it’s also one of the largest cryptocurrencies by market cap.
Depending on where you exchange Tether, there might be a small fee of no more than a few dollars. Other times it might be completely free and you won’t have to pay the transaction fee. betting with Tether has never been so easy. Again we’d like to emphasize that the biggest advantage of Tether today is the liquidity it possesses. One uses it the same way as any other digital coin. It’s one of the most popular and used cryptos even though technically it is just a stable coin.
The industry itself has changed drastically regarding payment systems. After the cryptocurrency boom, a lot of the platforms took notice of the crypto enthusiast and have adapted to a changing economic environment. Nowadays it’s not only for a sportsbook to have a long list of cryptocurrencies in their payment scheme but also a lot of the best and high rated ones have the options of stable coins like Tether.
In this segment of the article, we will discuss your possibilities of tether gambling and our top 3 picks of USDT sports betting platforms that have great functionality and features. The common trait these platforms share is the fact that all of them have USDT in their payment system. We incorporated the following sites
This selection was conducted regarding the customer service and satisfaction, variety of options in the sports activities to wager on, and of course promotions that are available on the sportsbooks.
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Stake.com is a marvelous casino that offers a wide range of services to every user. Make an account and instantly get eligible for 15% Rakeback, and more promotional offers will come up as long as you stay and continue gambling!
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BC.GAME offers more than 30 cryptos starting from Bitcoin, Bitcoin Cash, Litecoin, Ethereum, Dogecoin!
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Gorgeous bonuses, weekly jackpot, awesome weekly rakeback, what else do you need? Join the action now!
Sports: 47
Coins: BTC, LTC, DOGE, ETH, XRP, USDT, and 19 others
Bonus: 100% up to $100
License: Curacao
22bet is one of the most efficient sportsbooks with a huge variety of games and payment options. Including some stable coins like USDT. The platform is available in 58 different languages which further summits its reputation as an international gambling platform. The customer service team behind the live chat and other communication channels are working 24/7 to provide you with a satisfying experience. In addition to them, this USDT gambling and betting site also has a lengthy FAQ section where you can find answers to the most common questions you might have about the platform in the first place. We could say the same about the selection of sports both popular and unknown. Furthermore, the site offers games in multiple leagues and divisions, Bets can be made in live mode as well while the match is happening. You also have the option to make bets on future games.
A great thing about 22bet is the fact that there is also an app version of the platform which enables an on-the-go experience. Hidden menus, which you can navigate by swiping, are extremely useful in this app. This makes good use of the small screen’s limited space and never feels cluttered. Tether online betting has never been as accessible as it is on this site.
It’s also really easy to personalize. Most bettors are only interested in one or two sports and aren’t interested in seeing a wide variety of markets. You can choose the sports you want to appear in and hide the others by tapping the settings icon on the app.
This is a very useful feature that helps to personalize the user experience. The app also has a rewards feature where you can conveniently find the most recent bonuses. The 22bet app also allows you to play casino games on the web.
Sports: 28
Coins: BTC, USDT, ETH, LTC, BCH (10 total)
Bonus: 200% up to 20,000 USDT
License: Costa Rica
Crypto-Games.io gives crypto enthusiasts the opportunity to sign up and access a wide range of sports and casino games on the platform and wager using altcoins and stablecoins, such as Tether’s USDT.
Players can choose between traditional professional sports, such as football, basketball, tennis and more, to esports and election results, among other special events and sports circuits.
Crypto-Games.io is licensed and registered in Costa Rica and offers its services to clients from different jurisdictions around the world.
USDT bettors at CryptoGames can particularly benefit from betting using the currency, as it is a stablecoin and players do not have to take price fluctuations into account.
The minimum deposit requirement at CryptoGames is 10 USDT, while a minimum balance of 20 USDT is required to qualify for withdrawals.
Sign Up at Crypto-Games.io Here!
Sports: 29
Coins: BTC, LTC, ETH, USDT, XRP, TRX
Bonus: Changes every month
License: Curacao
Sportsbet.io was created in 2016, therefore it is a relatively new bookmaker in the industry. However, it’s still one of the most popular USDT betting sites. let’s see what it has to offer but first of all, we have to make sure we can trust this site. They seem to have a Curacao e-gaming license that adds to the reliability of the site as well as it is an official battle partner of several brands across the world like arsenal Southampton.
You can boost your wager every 24 hours on Sportsbet as well. You can select any match you want across each sport and esports title they offer. Overall this is an incredibly generous promotion for those that don’t make many bets every day. The margins are getting lower and lower each day with this Tether betting site. However there’s also a drawback that we have to mention, there is no welcome bonus right there that you can take advantage of. This type of welcome bonus is quite a standard in the industry.
We have already discussed our top 3 picks, however, this doesn’t mean that there are no more noteworthy platforms to use. There are plenty more where that came from. In this segment of the article, we will give you information about additional decent and in their right spectacular sites that offer Tether as part of their payment system. In recent years any functional and popular platform has also added quite a few stable coins to their list of payment options.
Sports: 49
Coins: BTC, LTC, ETH, BCH, DOGE
Bonus: 100% up to $100
License: Curacao
With the huge market selection of 1000 matches a day. It’s no surprise that 1xBet is a great USDT online betting platform for sports fans who would like to make wagers on their favorite games. Popular sports activities to bet on the site are Football, Basketball, Tennis, Cricket, and many more. The site has great odds on its games. Especially on the popular ones.
They might be higher on relatively unpopular sports like darts or snooker. The payment system on the site has a huge variety of options like multiple electronic wallets, credit cards, Cyprus, and regular fiat deposits. Withdrawals and the depositing process have never been so easy. The customer service team operates 24/7 and has some of the best staff members. They are very pleasant to talk to and they respond very swiftly. In addition to their excellent service, there’s also a lengthy FAQ section on the platform where you can find the answers to the most common questions.
Sports: 27
Coins: BTC, LTC, ETH, BCH, DOGE
Bonus: 111% up to $1500
License: Curacao
Betflip is one of the best Tether betting sites on the web. They offer a variety of regular sports with a huge selection of esports as well on the platform. Dota 2, Counter-Strike, and League of Legends are some of the most popular ones on the site to bet on. Notably, Betflip has great selections of virtual sports.
There are only a few promotions for the sportsbook users of the site. Firstly let’s discuss the welcome bonus this is where this bookmaker shines because it offers a 111% first deposit bonus of up to 1500 euros so usually in most other sportsbook bookmakers you get up to 200 or 300 from 50% to 100 % but on Berflip you get a tremendously higher amount. The wagering requirement is 50 times the turnover of the initial balance and minimum odds of 130 with the final odds at least 250.
Betting with Tether is easy on Betflip as you can use several currencies including both bitcoin and fiat currency to fill up their balance. At the moment available digital coins on the site are Bitcoin, DOGE, XRP, Litecoin, Ethereum, and Tether. The list is constantly being updated with new and exciting cryptocurrencies. One may be a little bit hesitant about using cryptos but the thing is by using them one gets few benefits like anonymity. Cryptocurrencies can be quickly deposited and quickly withdrawn.
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The first main distinction is the fact that USDT is a stable coin. What is a stable coin? What is it used for? How are stable coins created and are they a good idea? We will discuss the very nature of Tether while comparing it to the most popular and in-demand coins like Bitcoin and Ethereum.
Stablecoins are considered by many to be centralized because there is a company behind them that maintains the peg, whether it be algorithmic or collateralized. Therefore, stable coins aren’t cryptocurrencies in the sense that they aren’t decentralized. Which makes them perfect for Tether betting.
Another issue is that stable coins seem to be providing a solution to something that is just a growing pain and not a constant problem. Once cryptocurrencies achieve a higher market cap, their volatility will reduce dramatically and there will be no real use for stable coins. Stablecoins are trying to get the best of both worlds the stability of an established currency with a large market AND the flexibility of a decentralized, free for all cryptocurrency.
Cryptocurrencies were meant to serve as a medium of exchange and not just a store of value. The problem is that due to their relatively small market cap, even popular cryptocurrencies like Bitcoin tend to experience wide fluctuations in price. The cryptocurrency market cap is a small pond for now and is more affected by everyday buy and sell orders than, say, for example, the US Dollar.
Betting with Tether is easier because in theory it can be used for day-to-day activities.
It is hard to use Bitcoin or any other cryptocurrency for day-to-day transactions and trading purposes when one day it’s worth a certain amount and the next day it’s worth half of that. stable coins are made with the intent of solving this specific problem. Simply put, stable coins are an attempt to create a cryptocurrency that isn’t volatile. A stable coin’s value is pegged to a fiat currency. Tether, or USDT, is worth 1 US dollar and is expected to maintain this peg no matter what. Stablecoins allow for the convenience of cryptocurrency, which means a fast settlement and fewer regulatory hurdles, along with the stability of fiat currencies. Like most coins, the most obvious use case would be to use them as a medium of exchange for day-to-day purchases. This includes USDT betting sites. But since these coins aren’t very popular at the moment, no one accepts them as a payment method.
Tether is a fiat collateralized currency meaning that the value is hard pegged to the u.s dollar one tether is equal to one us dollar. The majority of tether lives on the Ethereum blockchain while the remainder is issued on the Omni and Tron blockchains because it is a stable coin. best Tether betting sites always let you know on which blockchain they provide you with USDT.
tether is backed by physical reserves whose value will always be equal to or greater than the amount of tether issued according to tether these reserves may be held as a combination of currency and cash equivalents and from time to time may include other assets and receivables from loans made by a Tether to third parties however unlike other fiat collateralized currencies like USD coin tether does not conduct regular audits to confirm that the value of these reserves does match the amount of tether in circulation although BTC remains number one in terms of market cap tether has surpassed it as the most frequently traded cryptocurrency tether is supported by black card so you can use it to fund your black card account and make purchases wherever Visa is accepted. Like countless Tether betting sites.
