The cryptocurrency craze in recent years has led most online casinos to accept them as a popular payment method. Among them, USDT (Tether) is a wonderful choice for people who want to transact online casinos with this modern and convenient method. The following information will help you understand more about the benefits of using USDT to play online betting houses.
A GENERAL INTRODUCTION TO USDT
USDT, or Tether, is the most popular cryptocurrency right now. This cryptocurrency has been issued since 2014 via the Omni protocol on the Bitcoin blockchain. The price of USDT is pegged 1:1 to the value of the US dollar (1 USDT equals 1 US dollar).
USDT was created to provide transparency, stability, and affordable transaction fees, bridging the gap between fiat and blockchain assets.
What are The Benefits of Playing with USDT?
When it comes to online gambling, USDT is considered the best cash substitute and is gradually becoming one of the most widely used payment methods. Below are the benefits of playing with USDT.
Fast Transaction Processing Speeds
One of the advantages of cryptocurrency in general, and USDT in particular, is that they operate outside of traditional banking systems and do not have to rely on third parties to be issued and used. If he pays with conventional methods such as credit or debit cards, although the processing time for transactions is short enough, it takes a few days for money to be transferred from an account according to operating hours of banks.
This does not happen at the USDT, as transactions are fully treated on the blockchain in a few minutes. This is very practical if you treat online casinos, because you can participate in your favorite games immediately without the system must wait to treat your deposits via your bank accounts, as would normally be the case. Since there is no intermediary, you don't have to pay additional costs.
If you manage real money when you play games, you must provide important personal information such as contact addresses or bank account details. Therefore, the theft or leakage of this information is quite possible. With USDT, you can count on this problem because you don't have to give your information to a bank or a third party to process your transaction.
With Tether, converting to fiat is much easier compared to other cryptocurrencies. It is a stable coin whose value is directly linked to an actual fiat; other cryptocurrencies must go through a broker to be converted into fiat. For this reason, USDT also has a much more stable volatility rate than other cryptocurrencies.
Additionally, as mentioned above, the value of USDT is determined at a 1:1 ratio to the US dollar. Therefore, players don't have to spend a lot of time calculating and converting to see how much real money they are spending. Your profits will also not be devalued by sudden stock market storms, as the US dollar is the most stable currency at present. Therefore, transactions using USDT in online casinos are safer and more stable compared to the volatility of Bitcoin and other cryptocurrencies.
If you want to play casino games with USDT and haven't found a reputable platform, feel free to join 11ic.com and enjoy the superior benefits of this platform. Thousands of captivating game titles are waiting to be discovered. Good luck!