How to Use Tether for Online Casino Gambling
There are exciting and fun ways to win in online casino games. Many players have discovered this by turning to cryptocurrencies as a safe way to deposit and withdraw from online casinos. One of the many popular cryptocurrency options to gamble with at online casinos like Cryptowild is Tether: This is known as a stablecoin and is pegged with the US dollar. With this type of security, the coin has a stable price and does not fluctuate as much as other cryptocurrencies.
If you’ve ever wanted to use Tether but never knew where to begin, this guide will help you get started with using Tether on CryptoWild.
Setting up a Tether Wallet
A Tether wallet setup is necessary before starting your cryptocurrency gambling journey. A wallet refers to a digital or blockchain storage and ledger record of your currency ownership; these wallets are plentiful across the online casino industry, with some popular options being MyEtherWallet, Binance, and Coinbase. Every wallet has a seed phrase and a private key that are required for access, and it is suggested that online casino gamblers keep these stored safely. These keys are essential for ensuring the security of your wallet. Each wallet has a unique setup process with instructions for you to follow. This process usually takes a few minutes, and you’ll be ready to go.
Purchasing Tether
Now that your Tether wallet has been set up - and you are ready to get started - the next step is to exchange your fiat currency for crypto. As explored in the Ethereum, Litecoin, Bitcoin, and Dogecoin articles, there are several ways to purchase your Tether in the cryptocurrency marketplace. Among these are cryptocurrency exchanges, online platforms, and peer-to-peer platforms. Binance, Kraken, and Bitfinex are some of the world’s most trusted crypto exchanges, while Coinbase and Simplex are the most common go-to online platforms. Most of these platforms have peer-to-peer portals where you can purchase your Tether from other asset owners on the blockchain.
Making a Tether Deposit at an Online Casino
You will need to deposit in an online casino now that you have a Tether wallet with crypto to begin your gaming journey. To achieve this, you may need to log in to your CryptoWild online casino account and navigate to the “Deposit/Payment” page. On this page, you will be presented with several cryptocurrency options, one of which will be Tether. Once you’ve selected the cryptocurrency, you are advised to enter the amount you wish to deposit, which could qualify you for a 150% bonus and 150 free spins. Lastly, the online casino will require the provision of your wallet address, and your deposit will be processed hereafter.
Withdrawing Tether from an Online Casino
Once you’ve deposited into the casino and played all your favorite slots, lottery, poker, jackpot, baccarat, roulette, and blackjack games, you may want to withdraw your winnings from the online casino. The process is simple. All you have to do is log in to your online casino account and navigate to the “Withdrawals” page; here, you will have to select Tether as a withdrawal method, and thereafter, you will have to enter the amount you would like to withdraw and your Tether wallet. It's as simple as 1, 2, 3. Now that you’re ready to receive your winnings, all you need to do is be patient while CryptoWild processes your withdrawal.
Conclusion
In conclusion, the world is evolving, and cryptocurrency is the new form of trading between merchants and consumers. With Tether being a stable coin, online casino gambling now has a more secure and convenient way to execute deposits and withdrawals. All you have to do to enjoy the benefits of stablecoin gambling is set up your Tether wallet, purchase Tether, deposit it into Cryptowild, and you’re ready to go!