What is Tether (UST)?
Tether (USDT) is the largest stablecoin by market cap, as it accounts for about 55% of the total market capitalization of stablecoins.
Tether tokens operate on the blockchain like other cryptocurrencies but are pegged to the US dollar on a 1-to-1 basis. This means that, in theory, USDT won’t be affected by the volatility surrounding cryptocurrencies, such as Bitcoin.
The stability of Tether comes from its currency reserves. The company states that it holds US dollars and assets that are equal to the total Tether in circulation. That would mean that for every Tether token, the company has one dollar in its reserves—it can be in cash or cash equivalents.
You can verify the reserve status on Tether’s official website, as the company publishes daily reports on both the reserves and the USDT tokens.
Currency Name | Tether |
Payment Method Type | Cryptocurrency |
Established | 2014 |
Key Features | Privacy, anonymity, pegged to the US Dollar, stablecoin |
Technology | Blockchain |
Transaction Speed | Instant |
Fees | Depends on the amount of USDT that you want to send |
Availability | All reputable crypto exchanges offer USDT trading |
Price | Not volatile unlike the other cryptocurrencies |
Depositing USDT at Cryptorush
Your gaming adventure at crypto casino always starts with funding your account. Contrary to what new players may think, depositing Tether into your crypto casino account is a walk in the park, as all you have to do is follow four simple steps.
Choose a Tether Wallet and Fund It
Before playing at Cryptorush’s website, ensure you have enough Tether tokens in your crypto wallet. You can obtain Tether from exchanges like Binance or Coinbase. Choose a secure, reputable wallet that suits your needs. Once set up, purchase or transfer Tether to your wallet to cover both your gambling needs and transaction fees.Head to the Cashier Section and Choose Deposit
Open Cryptorush, go to the cashier section, click on Deposit, and select Tether from the payment methods. The process is user-friendly and guides you step by step. If needed, customer support is available. Don’t forget to check for any deposit bonuses or promotions.
Enter Your Wallet Address and the Deposit Amount
Next, enter your Tether wallet address at Cryptorush, choose the deposit amount, and confirm the transaction. Double-check the address and amount to avoid errors, as blockchain transactions are irreversible. After confirmation, processing is usually quick, though it may take a few moments.
Start Playing
Your Tether tokens should appear in your casino account instantly, allowing you to start playing top crypto games from leading providers. Explore a wide range of options at Cryptorush, from slots to live dealer games. Enjoy your crypto gambling experience and play responsibly.
Withdrawals at Sites That Accept Tether
The process of making withdrawals at Tether gambling sites is as straightforward as the depositing method mentioned above. Hopefully, you will kick off your gambling journey with good wins, after which you can get your payout by going through the following steps:
Head to the cashier section and choose “Withdraw.”
Choose Tether as your payment method.
Enter the amount you want to cash out, following the withdrawal limits.
Copy your Tether wallet address; once again, you will need your Tether wallet, where you will receive the funds.
Review the details once again and confirm your withdrawal. One great trait of online casinos accepting Tether is that withdrawals are nearly instant.
The best Tether Casino at your fingertips, head to Cryptorush now!