Tether in US Casinos

The US online gambling market is getting stronger than ever, and with new sites appearing at players' disposal, most of which accept Tether, as a US player, you are in for a real treat. Using this stablecoin, you can make effortless deposits and withdrawals across a great number of sites. It is one of the most user-friendly cryptos out there since it acts as a bridge between fiat and digital currencies. You'll learn how it works shortly, but for now, you should know that it is incredibly easy to get started with and use for your transactions to and from many US online casinos. So, what is Tether and why is it so popular across US online casinos?

Online Gambling Regulation in the USA

The online gambling industry in the US, being a federal government with so many states, is a tad difficult to understand by some. That’s mainly due to the fact that in 2006, the country put in effect the Unlawful Internet Gaming Enforcement Act, and with that, blocked US players’ access to international online gambling sites. Nevertheless, while the industry is banned in many states, overall, the situation with online gambling is not as black as it looks; in fact, there are many states that have duly regulated the industry.

When the 2006 Act was introduced, states like Hawaii and Utah immediately banned online gambling. Also, many leading software developers were forced to not allow US players to play their games. A few of them continued, like Saucify, Rival, RTG, and BetSoft, but players were not satisfied with their choices. Noticing how their citizens were eager to place bets online, some states decided to regulate the industry. In a matter of five years, eight US states New Jersey, Pennsylvania, West Virginia, Nevada, Delaware, Connecticut, Michigan, and most recently, Rhode Island, started allowing players to legally engage in online gambling. The situation in the rest of the states is not bad either, since they chose not to specifically regulate the activity, but also not block it really.

Software developers are now completely free to apply for and properly get their licenses to offer their content in the US states with regulated online gambling. So many already did, like NetEnt, Evolution, and Red Tiger. With a way larger choice of games now, US players are enjoying a world-class online gambling time across hundreds of licensed online casino sites. The US gambling industry was projected to lead the global market by 2024, and that’s exactly what happened.

Therefore, as a US player, you are really in for a real treat, as the market is growing by the minute and you have more casinos and games at your disposal with each year. The only thing you need to focus on when choosing a site to join, aside from the game selection, is the choice of payment methods that you can use. Thankfully, most, if not all, licensed online casino sites accept one of the world’s leading stablecoins, Tether, which you can use for both deposits and withdrawals. Being extremely easy to get started with and use, it is dubbed the most user-friendly stablecoin. And thanks to its popularity across the online gambling industry, it is yours to try whenever you want. So, stay with us to learn more about it in the following section, and you’ll see that you’ll love the idea of using it.

Using Tether Across US Online Casinos

Considering how crypto-friendly the USA is and how well it has received digital currencies over the years, you should not be really shocked to learn that cryptos have made their way into the online gambling industry across the country. But one stablecoin that certainly stands out from the rest in terms of popularity among US players is Tether. This stablecoin is actually used across so many other industries in the US that even US regulators have some control over it. But its availability across US online casinos is really unrivaled.

A team of Bitcoin enthusiasts and experts designed it and launched it in 2014. The company behind it, Tether Limited, was founded by these cryptography aficionados, who were eager to continue innovating and disrupting the standard financial system. With a modern approach to money and a focus on user-friendliness, the company launched the first blockchain-enabled platform in the world that facilitates the digital use of fiat currencies. The amazing Tether tokens are pegged at 1-to-1 with US dollars (and a few other matching fiat currencies), so transparency is guaranteed and there’s no volatility usually associated with cryptos, nor insane fluctuations.

Using blockchains as bridges, you can confidently use fiat currencies in a digital manner way different than anything before. So, the way it works is insanely simple: it enables the transformation of 1 US dollar (USD) to 1 Tether (USDT) in the blink of an eye. We mentioned that the tokens match with a few different fiat currencies, and these are the euro and the Chinese yuan. Therefore, using 1 USD/EUR/CNH you purchase 1 USDT/EURT/CNHT on-spot, via its platform, and you start using a digital currency for your online transactions. As easy as that! That’s exactly why users believe it is one of the easiest and user-friendliest crypto ever!

Let’s go into detail now, so that you know exactly what to do to get started with it. First, visit its official website. Locate the blue Sign-Up button, found on the top right corner of the homepage, and press it. Fill out the registration form by providing certain personal details. After you accept the T&C, you will need to verify your identity, and with that, your account is ready to be funded. Now, the best part. You choose from standard bank-related payment methods or alternative solutions to use to fund your crypto wallet account in fiat currency which will automatically convert into its Tether token equivalent. As a US player, say you add US$20 to your wallet account using a bank transfer, and there you have it, in the blink of an eye, they convert into 20 USDT. You can, from there on, use your 20 USDT to make a smooth deposit at your favorite US online casino, right away!

Speaking of deposits, if you follow our lead, we'll walk you through the steps you need to take in order to make them with this incredible crypto. And after that, we'll guide you through the withdrawal procedure, too, so make sure you continue reading.

Depositing and Withdrawing with Tether

We already established how popular Tether is across the US, especially across the US online gambling industry. Therefore, we should not dwell on this, but let you explore the hundreds of US sites that offer it so that you can find the site that suits you best to join.

So, make sure you create a list of potential candidates, go over their promotions and bonus offerings, check out their game selections, and after you’ve made an informed decision on the site to join, register your player account with it. You will, again, need to provide some basic personal details to create the account, but once you’re done, you can immediately make your deposit with Tether. To do that, go through these steps:

1. Locate the Banking page once you access your player account.
2. Find the Deposits section and on it, find Tether’s logo and press it.
3. In the pop-up, you will see the casino’s crypto wallet address; make sure you copy it.
4. Access your wallet account and set the amount you wish to cash out.
5. In the designated field, just paste the casino’s crypto wallet address.
6. Confirm your transaction and in real-time, the coins will land on your casino balance.

As we promised, now we’ll take you through the withdrawal procedure. The first thing you should know here is that it is a procedure that’s incredibly similar to the depositing one.

So, go to the Banking page again and locate the Withdrawals section. Find Tether's logo and press it, but this time, copy and paste your wallet address in the appointed field. Set the amount you wish to withdraw, and confirm your request. The casino operator will, depending on its withdrawal policy, take 24 to 48 hours to approve the request, but once that happens, the coins you requested will arrive in your wallet account immediately.

Conclusion

To choose Tether as your payment method at a US online casino might be the wisest thing you could do, really, considering how crypto-friendly your country is and how extremely available the stablecoin is across the US online gambling industry. You will have absolutely no difficulties in your pursuit of the ideal casino to join that accepts it, and your deposits and withdrawals with it will be as smooth as they get, so make sure you put it on your must-try list for the next time you plan on joining an online casino.