Crypto Gambling With Stablecoins

Crypto Gambling With Stablecoins

The post Crypto Gambling With Stablecoins appeared first on Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide

We have seen a large influx of new crypto casinos in recent years due to the growing popularity of the field. And more people are looking to have fun with their crypto funds.

Players can play casino games like slots, blackjack, roulette, and a pallet of in-house originals. Crypto casinos might offer even broader game selection and unique features on top.

Nowadays, these gambling sites accept many cryptocurrencies, so you’re not limited to Bitcoin use only. To avoid significant price volatility, you should gamble with stablecoins. Your crypto balance will stay day after day. The value of USDT and similar tokens is pegged to FIAT currencies (usually US Dollar) via various mechanisms.

Read more in detail about the most popular stablecoins supported by crypto casinos.

USDT Casinos

The #1 stablecoin is Tether (USDT), supported by plenty of crypto casinos and sportsbooks. Nowadays, there are tens of various casinos accepting USDT payments.

You can use it within several blockchains. The original token was issued on the OMNI and Ethereum networks, but today you’ve got much more options. Save up on transaction fees by sending USDT within the BNB Chain, Polygon network, or Solana. This way, you can lower the withdrawal fees below $1 (with some networks closer to zero).

Enjoy slots and live casino tables by all the popular game providers. Some crypto casinos offer in-house games such as Dice, Plinko, HiLo, and many more (generally with a 1%-2% house edge). 

To name a few of the best crypto casinos – Stake, BC.Game or BetFury.

See the complete list of the USDT casinos.

USDC Casinos

Another stablecoin option is USD Coin (USDC) – created by the Circle company. Similar to USDT, the USDC is backed by real dollars, so users don’t have to be worried about the 1:1 peg.

Unlike with USDT, you might run into difficulties with finding the right gambling site. USDC isn’t widely supported, though you can still pick from several trusted and high-quality casinos.

Explore the best USDC casinos.

Make transactions within cost-effective blockchains (BSC, AVAX, FTM, Solana) to pay less for moving your funds.

BUSD Casinos

The last recommended crypto stablecoin is Binance USD, as the name gives you an idea of who backs this one.

Yes, BUSD is traded and utilized mostly on the Binance exchange and issued in partnership with Paxos. 

For every 1 USD sent to the Paxos platform, you get 1 BUSD and be present in the crypto space.

Send BUSD inexpensively via Binance’s native BNB Chain or Ethereum network

There are multiple trustworthy crypto casinos accepting Binance USD. You can either place sports bets or enjoy thousands of various game titles.

The best BUSD casinos and sportsbooks.

Conclusion

As you can see, there are multiple stablecoins you can acquire to evade the volatility of crypto markets. Pick your preferred coin, send it for cheap and win large in crypto casinos.

Disclaimer: This is a guest post. Coinpedia does not endorse or is responsible for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company.

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