Tether (USDT) Deposits
For those players who have been reading our reviews, you may have noticed a new cryptocurrency deposit called Tether/USDT. Since Bovada Casino accepts cryptocurrencies, we would like to update you on this new payment method. There are many cryptocurrencies at Bovada, including Bitcoin (BTC), Bitcoin SV (BSV), Bitcoin Cash (BCH), Litecoin (LTC), Ethereum (ETH), and the newly added USD Tether (USDT).
An Explanation of Tether/USDT
- Tether is a blockchain-based cryptocurrency whose value is worth 1 US Dollar (USD). Tether Ltd. issues Tether tokens, and for each Tether issued, $1.00 is held in reserve.
- Stablecoin function is to track traditional fiat currencies, such as the US Dollar, the Euro, etc. While common cryptocurrencies fluctuate massively in value, Tether and other Stablecoins do not. They should always be equal in value to their underlying currency. Of all cryptocurrencies that have emerged, Tether is currently the third-highest.
Advantages of USDT/Tether
There are several advantages to Tether. It is unrestricted like all other cryptocurrencies and has set values players can trust. Three terms are important regarding USDT/Tether.
- Stable - The value of USDT doesn't go up, and it doesn't go down. You will always know the value of your crypto wallet.
- Secure - As Tether transactions are encrypted and move freely within the blockchain, all transfers remain securely recorded and stored by both parties.
- Reliable - As you know, credit card fees have increased because of imposing restrictions. However, cryptocurrency is the cheapest and most convenient deposit method for online gambling.
Join Bovada Casino and Deposit Using USDT/Tether
It couldn't be any easier when depositing USDT at Bovada. All you need to do is hit the button to be taken to the USDT deposit screen at Bovada. Once you have made a deposit using Tether, you can enjoy playing the best online casino games or betting on your favorite sports.