Bitcoin Chaser - January 10, 2019
There is no doubt that stablecoins have become a desirable asset in cryptocurrency markets. From Goldman Sachs to the Winklevoss twins, people within the industry and outsiders who are looking in, have been trying to create, market and gain a user base for their own stablecoin. But just like Bitcoin, it seems like the first mover advantage is hard to overcome. That is why USDT, more commonly known as Tether, remains the most widely used stablecoin out there. Now the battlefield for stablecoin users has moved into the gambling arena, and it seems that the first mover there will be SoftSwiss. Look out for plenty more Tether casinos in the future.
CryptoWild is a crypto casino that supports the use of Tether (USDT) and a variety of other coins. Having launched in 2017, this casino offers a huge range of the top casino games, and a generous welcome package of 150% and 150 free spins with your first deposit. Plus you’ll score 50% for your second, third, and fourth deposits thereafter.
Launched in 2014, mBit casino is one of the oldest USDT casinos on the block. With more than 3,000 fantastic casino games, mBit casino is a veritable goldmine for punters. If you’re looking for a secure environment with stellar games, and the option to gamble with USDT, mBit is a great choice.
BetChain casino launched in 2014, making it another one of the more established crypto casinos out there. It offers secure USDT gambling in a fun environment, with thousands of the best casino games out there. Join now to win big thanks to its generous welcome package.
BitStarz casino is a famous online hybrid crypto casino, known for its massive selection of games and generous bonuses. But did you know that you can also use Tether to gamble at BitStarz? Aside from the traditional fiat fair, BitStarz accepts a large range of coins – including USDT.
TeleVega only launched at the end of 2019, making it newer to the crypto casino scene. It offers USDT gambling on a super sleek platform, with thousands of epic games and great bonuses. TeleVega has crypto and fiat options available, making it a hybrid casino.
BetHash casino is a pure crypto casino, built on the EOS blockchain. This casino accepts a number of coins, including Bitcoin, Ethereum, IOST, Tether, and TRON. It doesn’t have the biggest range of games, but you will find a solid collection of Lottery, Dice, Slots and Blackjack, and Banker Bull games.
As far as Bitcoin and cryptocurrency gambling is concerned, SoftSwiss is the most dominant software provider, so it seems natural for them to keep on leading the market by introducing large-scale Tether gambling – USDT gambling – options for their casinos. For SoftSwiss, entering the USDT or Tether casino space is like flipping a switch, since it is by far the provider with the most experience in the cryptocurrency casino space.
Now, what remains to be seen is if the players will follow the Tether gambling initiative and will start using the currency to spin and win. In the meantime, the Tether casino space is still small. There are just a few brands that have enabled Tether payments, but this list might expand quickly. Our staff has gone through all the trusted brands in the space, looking for those who are carving their niche out in the USDT gambling scene. Here is a list of the Tether casinos we recommend:
While brands keep on joining the Tether gambling scene, it is important to keep in mind the advantages of Tether gambling. Here are a few of those advantages:
Only time will tell how popular this payment option really is and whether it manages to create a niche market. So far, traders are the ones using USDT mostly, but traders and gamblers do share a common trait: their propensity to take big risks for the chance of reaping huge rewards. Maybe that will bring more and more players to Tether casinos. But it is too early to tell whether or not that appetite for risk is better served by a more volatile asset like Bitcoin suits gamblers more than USDT.
In the meantime, SoftSwiss is bound to give it a shot, so if you are thinking about ways in which you can take a chance on your USDT and have fun, take a look at our recommended USDT gambling brands and become a first mover yourself!