If USDC (USD Coin) is your preferred cryptocurrency to gamble with, then you came to the right place. Below we present you with a list of the very best USDC crypto casinos. You will be able to deposit, play, and withdraw using USDC at all of these casinos. We will also be exploring the history of USDC gambling and what makes it so popular. So check out these below casinos for some USDC gambling recommendations, facts, and tips.
USD Coin (USDC) is a stablecoin pegged to the fiat currency USD and was launched in 2018.
USDC is built on the Ethereum blockchain and is fully backed by US dollars held in reserve. This means that for every USDC in circulation, an equivalent amount of US dollars is held in reserve.
USDC can be used to pay for goods and services, as well as being increasingly used as a store of value by individuals and institutions.
Like all cryptocurrencies, USDC allows you to make fast, cheap, and secure payments internationally without the need for a third party.
Specifically, USDC can handle 1,000 TPS (transactions per second). This is especially powerful in comparison to cryptocurrencies like BTC, which can only maintain a TPS of 5-7. Because it is also a stablecoin, you generally do not have to worry about price volatility.
While you will not be subject to price volatility, you will also not be able to enjoy the potential price appreciation of other cryptocurrencies that are not stablecoins. Fees may also be increased depending on the network you use and the current state of said network.
When choosing a USDC casino, be on the lookout for a few key features to ensure that you are selecting a reputable and trustworthy platform. Here are some things to keep in mind:
Overall, each casino is unique and offers something you may be looking for. But it’s essential to make sure you are playing on safe and secure platforms. Once you have vetted the legitimacy of these casinos, you can look at things like game selection, payment options, promotions, and more.
Most casinos use a very simple deposit and withdraw mechanism, making it easy for you to transact in and out of these platforms. There are exceptions to these methods, but most likely you will be asked to follow these steps.
Again, this process may differ but from our expertise, this is usually the method most casinos use. Please make sure you are sending and withdrawing your fees to the correct cryptocurrency and network, otherwise, your fees may get lost.