Let’s talk about Tether, a casino banking method used at gaming sites that accept cryptocurrency. In this review, we’ll take you rapidly through some of the best tether casino sites open to Canadians. You’ll also be provided with a quick guide on how to use USDT/Tether for deposits and withdrawals. That said, let’s get into it.
- ❔ What Is Tether?
- +🏆 Best Tether Casinos
- 👍👎 Pros and Cons
- 💰 Bonuses with Tether
- 🏦 How We Rank
- 💳 Tether Deposits
- 💵 Tether Withdrawal
- 🆓 Is Tether Free to Use?
- 🔐 Safety
- 📲 Mobile App
- ️⚖️ Conclusion
- ❓ FAQs
❔ What Is Tether?
Tether, commonly called USDT, is a cryptocurrency launched in 2014 by Tether Limited Inc, a company owned by iFinex Inc. It is a stablecoin as its digital asset value is supposed to have a relatively fixed worth. Indeed, USDT is pegged to the American dollar and is said to be unaffected by volatility which is a major component of cryptos like BTC. Tether provides a fairly safe digital asset with a stable valuation, making it a great choice for crypto traders who want to minimize unpredictable losses caused by volatility.
You can get involved with Tether by depositing fiat currency into the crypto’s reserve. From there, fiat can be sold in exchange for USDT which is provided as tokens. Like every other cryptocurrency, USDT works across blockchains and is available on numerous crypto wallets. Tether can then be used for purchases, trading, or simply stored.
🏆 The Best Tether Casinos for Canadian Players
As you’ll soon discover, Tether payments are accepted by top online casinos Canada. These gaming sites primarily accept CAD but also welcome cryptos for both deposits and withdrawals. In the following sections, some of the main points we’ll cover are:
- ✅ Best Tether online casinos in Canada
- ✅ Ranking Tether casinos
- ✅ Pros & Cons of casinos accepting Tether
|🏆 Best Tether Casino||Vegaz Casino|
|🎁 Best Tether Casino Free Spins||National Casino|
|📲 Best Tether Mobile Casino||Cherry Gold Casino|
Cherry Gold Casino
Cherry Gold Casino is the best Tether casino online for mobile gaming. When you visit the casino, you can get its mobile app by clicking on the Download button provided at the top of the homepage. The casino is run by Skillserv Ltd which is a registered company in Cyprus and its gaming software is provided by none other than RealTime Gaming. At Cherry Gold Casino, state-of-the-art tech is used to facilitate the exploration of the hundreds of slots, table games, and video poker provided. If it’s your first time at the casino, you can enjoy a 250% deposit bonus using the promo code CHERRYSLOTS. This can give way to a cash bonus of up to $5,500. The code is valid once per player and requires a deposit of at least $25 to be activated. Alongside the match bonus, you also get 20 spins on Trigger Happy. There’s no maximum cashout limit and the bonus comes with a playthrough of 35x. Full T&Cs apply.
A few accepted payment options at Cherry Gold Casino are Visa, Discover, Bitcoin, and Tether. Via Tether, the minimum payment possible is $50 and the maximum is $1000. This minimum amount is based on the latest exchange rates and payments less than $50 may carry a processing fee. Bitcoin is the only crypto accepted for withdrawals and the minimum amount is $100 for a weekly max of $2,000.
One of the best Tether casino sites for bonus spins is National Casino. Here, any Canadian joining for the very first time can enjoy 100 spins on a top slot game. With an initial deposit of at least $25, a 100% match of up to $500 is yours alongside 100 spins on Avalon: The Lost Kingdom. The casino gives 50 of these spins immediately after the deposit is made and the others come 24 hours later. When you make a second minimum deposit of 25 CAD, you can enjoy up to $1,000 plus 50 spins on Jonny Cash. The wagering requirement is 40 times, the maximum bet is 6.5 CAD, and other terms apply. Talking about legality, National Casino is a brand managed by TechSolutions Group Limited per the Kahnawake gaming laws.
Deposit methods at National Casino include Visa, Mastercard, Interac, Litecoin, and Tether. The equivalent minimum deposit possible is $10, while the maximum depends on the payment method you use. On the other hand, withdrawals range from $10 to $4,000 per day. The casino charges no payment fees as any transaction fee from the payment provider is supported by the player.
Vegaz Casino is a gaming site you should visit if you would like to enjoy a wager-free bonus. That’s right, Vegaz casino stands out among other Tether casino sites for its incredible welcome bonus. When you create an account here and deposit at least 20 dollars, you get a 100% deposit bonus of up to $300 plus 50 spins. If you go for another minimum deposit, this time around, it fetches a 50% match of up to $400 plus 50 spins. This continues with your third deposit which brings a 100% match of up to $300 plus 50 spins. The applicable promo codes here are 100FIRST, 50SECOND, and 100THIRD respectively. The entire package is free of wagering requirements and spins can be used on Fruit Zen only. For crypto users, the bonus code CRYPTO150 should be used during the first deposit to redeem a 150% crypto welcome bonus that comes with no wagering requirements. For more info on these offers, read through the T&Cs.
Multiple payment methods can be used here some of which are AstroPay, eZeeWallet, Jeton Cash, Ripple, Binance, and of course, Tether. Via Tether, there is no maximum or minimum limit on how much money can be deposited at once. As for payouts, the limit is $2,000 and transactions can take up to 24 hours to be completed. No fees apply.
It should be recalled that casino promos may change with time. You are recommended to always ongoing promos and terms before opting for a bonus.
👍👎 Advantages and Disadvantages of Tether Casino Payment Method
In real life as in online gaming, there’s hardly a thing that has only good points and no negatives. How about we have a look at some of the pros and cons of Tether as a casino payment method?
|Advantages of Tether||Disadvantages of Tether|
|✅ Often has very high deposit maximums||❌ Minimum withdrawal can be relatively high|
|✅ Tether casinos sites generally charge no fees||❌ USDT can be affected by exchange rates|
|✅ It works for withdrawals and deposits||-|
|✅ USDT transactions can be completed within five minutes||-|
|✅ Tether is ideal for mobile use||-|
|✅ USDT is a stablecoin, so it's not affected by volatility||-|
💰 Are Casino Bonuses Available if Depositing with Tether?
Both existing and new Tether casinos are willing to give out bonuses, especially to new players. Usually, the question is finding out if you meet the eligibility conditions. Of course, it’s rarely anything too complicated; you must be a first-time player and generally, a qualifying deposit is needed. However, apart from these, there could be additional terms from one casino to the other. Once you meet the requirements to unlock the bonus, you can expect bonus cash or spins, also known as free spins. In the table below, we’ve provided a resume of the welcome offers you can get by visiting our top tether casinos.
|Tether Casino||Casino Promotion|
|Cherry Gold Casino||250% match up to $5,500 + 20 spins|
|National Casino||100% match up to $1,500 + 150 spins|
|Vegaz Casino||Up to $300 with cryptocurrencies|
🏦 How we Rank Tether Casinos
If you’re looking for just any online casino, it is quite easy to pick one out of the hundreds in Canada. However, if you aim at a casino that accepts Tether and can be relied upon for safe gaming, a little more effort is required. We’re about to share a few criteria we considered for rating our recommended best tether casinos. These mainly include:
- Safety & Security
- Bonuses & Promos
- Payment Speed
- Customer Service
- Gaming Software
It is an extremely important component to take into account when rating online casinos. Indeed, the igaming industry is jam-packed with hundreds of online casino operators that basically offer the same gaming services. To be sure that you are entrusting your money to the right operator, it is necessary to check that the casino has the appropriate authorization to operate within Canadian borders. Recognized licenses can be issued by the Kahnawake Gaming Commission, the Malta Gaming Authority, or under the laws of Curacao. Essentially, this license is the first step towards the provision of a fair gaming platform for players. Apart from the license, it is often recommended to check whether the casino holds a fairness certificate such as eCogra’s Seal of Approval. You can click here to learn more about gambling laws and regulations in Canada.
So far, we’ve shown you that it is possible to get at least a welcome bonus when joining a Canadian online casino. We did so because online gaming is mainly about real money games, and we think it’s just fair enough for you to be rewarded for willingly spending your money at a casino. A welcome bonus can only be claimed if you’re a newbie at the casino and eligibility criteria must be fulfilled. This bonus is usually in two forms: bonus cash or extra spins, depending on the specific casino. Also, it may be divided such that several first minimum deposits get a part of it. Other bonuses also available at casino sites are cashback offers, loyalty programs, and reload bonuses. For each of these bonuses, we check applicable terms: wagering requirements, minimum deposit, maximum winnings, restricted games, and every other aspect relative to its use. This is to ensure that players truly stand a chance of enjoying the bonus while fulfilling its t&cs.
Tether is a cryptocurrency which means its processing does not depend on a bank or financial institution. For this reason, we expect casino payments via it to be rapid, essentially completed instantly or within a few minutes. Usually, deposits are completed immediately and in extreme cases, withdrawals may take up to 24 hours. We also check for the payment speed of alternative banking methods like bank cards and e-wallets. Generally, these options may require up to 3 days for withdrawals.
Every reputable Tether casino should have a support team ready to intervene in times of need. When rating casinos, our focus is placed on checking how accessible customer service is. Usually, daily support is provided through email and live chat, although not always on a 24-hour basis. Also, these casinos provide FAQs with quick solutions. In addition, regulated Canadian sites also provide useful links for gambling problems. If you would like to know more about responsible gaming, visit this website.
This is another aspect we find worth checking. The industry is led by hundreds of skilled software developers that provide slots, table games, and live casino games. To ensure that players get enough games to be entertained, we check for available games. Apart from common games, developers are also into crypto-specific gaming software which is why you can also find Tether casino games online. In such games, players can earn real-life rewards while gaming. Talking about software providers, we also take the time to check the names of the companies powering the available games.
💳 How to Deposit to Online Casinos Using Tether
If you’re ready to embark on an adventure at a real money casino, follow the steps below.
- Visit one of the casinos above and create an account if you’re new.
- Check the minimum deposit of the casino.
- Go to the cashier and initiate the deposit via Tether.
- Open your Tether wallet and confirm payment by inserting your login.
For first deposits to unlock a bonus, deposit an amount equal to the minimum qualifying deposit.
💵 How to Withdraw from Online Casinos Using Tether
Here’s how to go about withdrawals via Tether.
- Log into your gaming account.
- Check the minimum withdrawal of the casino.
- Go to the cashier and initiate the withdrawal via Tether.
Double-check your wallet address before initiating payment as any mistakes in the ID will lead to money loss.
🆓 Is Tether Free to Use?
The creation of a Tether wallet is free of charge. During the process, you will be required to provide accurate identification documents for a rapid KYC procedure and the system automatically generates your logins. Usually, at online casinos, Tether payments do not carry a fee. However, on the side of the cryptocurrency itself, fees enter into play at different levels. When depositing fiat into the wallet, a 0.1% fee is incurred per transaction. Also, a fee applies for withdrawals from the wallet via fiat currency.
Apart from these, there is a verification fee equivalent to $150 to be paid. It is non-refundable although it can be part of your Redemption. This fee is aimed at ensuring that only persons serious about owning a Tether account apply.
🔐 Is Tether Safe and Secure?
Since its release about a decade below, USDT has gained popularity, reaching over 65 million users as of September 2022. These tokens make up a stablecoin and allow customers to transact across several blockchains without running much risk related to volatility. Nonetheless, because USDT and other crypto tokens are not legal tender in Canada, precaution is recommended for its handling. As a matter of fact, Tether does not guarantee the security of third-party software hosting its tokens. Digital tokens are not subject to any backup from the government’s financial control authorities.
To maximize user protection, Tether collects user data including name, email address, IP address, and time zone setting. Users are thus expected to comply with the security, audit, and self-regulatory standards of the industry. Internally, Tether ensures that only authorized persons have access to user information. Frequent audits and reviews are also carried out to ensure that the best possible quality service is delivered.
In addition, Tether advises users to keep their wallet addresses discreetly. Related valuable information must not be saved in emails as these are susceptible to attacks from hackers. Two-factor authentication is also recommended for Tether mobile users.
📲 Tether Casino Mobile App
USDT is available on numerous blockchains. In other words, it can be used on a wide range of crypto wallets including Tron, Bitcoin Cash, Ethereum, Tezos, and Omni. Usually, the main pros and cons associated with the use of Tether from a mobile app include the following.
|Pros of Tether App||Cons for Tether App|
|✅ Faster payment and more flexibility||❌ Restricted institutional access|
|✅ Security thanks to mobile biometric identification||-|
|✅ iOS and Android-friendly||-|
⚖️ Our verdict on Tether Casino payment method
Tether is a crypto developed by a group of Bitcoin enthusiasts. It is a stablecoin pegged to the US dollar and protected by advanced security technology. Also called USDT, this crypto is accepted at Canadian online casinos for deposits and withdrawals and its use is generally free of charge. Once you join a casino that accepts the crypto, you gain access to all games provided. But before that, you can claim a few bonuses here and there to enhance your first-time experience. Tether uses blockchain tech which means it is quite safe but because it has no legal tender in Canada, users are advised to handle it with care.
❓ Frequently Asked Questions about Tether Casinos
What is Tether?
Tether commonly called USDT is a cryptocurrency launched in 2014 by Tether Limited Inc, a company owned by iFinex Inc. It is a stablecoin that uses blockchain technology and its digital asset value is said to be pegged to the US dollar.
Can I Use Tether at Online Casinos?
Tether or USDT can be used at real money online casinos in Canada. It is accepted for both deposits and withdrawals and transactions hardly carry a fee. In this review, we’ve provided you with some of the best Tether online casinos.
How Long Do Casino Transactions Take When Using Tether?
Deposits initiated via Tether are typically completed instantly. As for payouts, they can take up to 24 hours at some casinos. Such long wait times are quite rare considering that the processing of Tether is solely dependent on the crypto’s internal network.
Is Tether Secure to Use When Gambling Online?
Tether offers relatively high-security levels for online gambling payments. It uses blockchain technology which is an advanced database system where the initiation, processing, and settlement of transactions are managed within the network. Also, Tether collects makes use of other latest security tools to ensure user protection.
Are There Any Fees for Using Tether at Online Casinos?
Online casinos do not usually charge any fee for Tether payments, be it a deposit or withdrawal. However, on the part of Tether company, charges apply when depositing into Tether using fiat currency. The same applies to withdrawals where a 0.1% fee can be incurred.