Tether (USDT): One of the most stable cryptocurrencies at Canadian casinos

Tether, or as it was originally called ‘Relacion’, is one of the cryptocurrencies in the category of stable coins. Tether coins are also called USDT. Due to its stability compared to other digital currencies, such as Bitcoin and Litecoin for example, it is one of the five best cryptocurrencies today. In addition to stability, Tether is safe and allows players in Canada to make quick deposits and withdrawals on gambling sites. Find out more about this well-known cryptocurrency below. Also, take a look at the sites we have selected as most suitable for USDT payments.

TOP 5 online real money casinos in Canada that accepts Tether

There are several reputable online gambling sites in Canada where you can use Tether for deposits and withdrawals. Below we have prepared some more information about them. You will find out who owns them, and whether they have a valid licence. Also, we singled out what bonuses await you when you deposit using Tether.

King Billy

The King Billy gambling site is owned and operated by Dama NV. This company operates at the registered address Scharlooveg 39, Willemstad, Curacao. So, the platform has a prestigious Curacao licence. Any new player using Tether can get a bonus from the King Billy operator. The platform provides a welcome package for the first four deposits made by USDT. The first deposit bonus is 100% up to $500 + 100 free spins. The promotion on the second deposit is $500 + 50 free spins. The third deposit bonus is 25% of the payment up to $1000. And at the end, for the fourth deposit users can get a 75% bonus up to $500 + 100 FS.

Fast Pay casino

Another online casino site owned by Dama N.V. is Fast Pay. Owner address and licence information are identical to the King Billy platform. For the first two deposits using Tether, the player on the Fast Pay site can activate the welcome bonus. The bonus on the first deposit is 100% up to €100 + 100 free spins. The player gets 20 spins for five days in a row and can use them on online pokies. The minimum deposit for activating the first promotion is 23.4 USDT (€20). The second deposit bonus is 75% up to €50 and can be activated by the same payment as the first-mentioned bonus. Wagering requirements are 50x.

LevelUp

This online casino is also owned by Dama N.V. and holds a Curacao licence that provides security to players in Canada. New LevelUp casino users can activate four types of welcome promotions by making a deposit with USDT. On the first deposit of 20 USDT ($20) the player gets a 100% bonus up to $400 + 100 FS. On the second and third deposits, the user can get a 50% bonus up to $600 + 50 FS. And finally for the fourth payment the user can receive a 100% bonus up to $400 and 50 FS. Free spins can be used to play slots for 14 days. After that, they are not available anymore.

Kahuna

Kahuna is a product of Mountberg B.V. This company has a registered address at Fransche Bloemweg 4, Willemstad, Curacao. They also have a Curacao licence. Kahuna online casino offers new players a bonus of as many as 10 deposits. The first deposit bonus is 100% up to a maximum of $1000. On the second, third, and fourth payment the user can get a 50% bonus. All other bonuses are 25% of the investments. The total welcome promotion from this operator is an incredible $4000 + 200 free spins. For free spins. wagering requirements are 30x. To qualify for the welcome promotion, players are required to make a minimum deposit of $10 using Tether or another method.

20BET

20BET is a popular online casino that is managed by TechSolutions (CY) Group Limited and Canadian players have access to it. The office of this company is located at Parthenonos 5, Flat 103, 2020, Nicosia, Cyprus. Neither 20BET differs from the previously mentioned operators as it owns the licence issued by the Curacao government. On the first deposit, users can receive up to 180 CAD + 120 FS as a welcome bonus. For the second Tether deposit, users may get a bonus of up to a maximum of 150 CAD. And finally, for the third investment, all users are offered a 50% bonus up to $150 + 50 FS. For the last bonus activation, entering promo code 2DEP is required. Bonus funds of the last promotion can be used exclusively to play the Rhino Megaways slot.

How to get Tether and use it at online casino sites

When it comes to cryptocurrencies, purchases are made at online exchanges. USDT is available for purchase through Binance, Crypto.com, Kraken, and other exchange platforms. This crypto method can be bought or sold using USD, EUR, and JPI. When you get this cryptocurrency, you need a wallet where it will be safely stored. Depending on whether you gamble by phone or PC, different wallets will be suitable. That is, you can use mobile, software, or even hardware wallets to protect your USDT coins. After the purchase and storage of funds, a deposit follows. See more about the deposit process below.

Making deposits using USDT

You can use Tether as follows to make a deposit:

• Create an account at any Tether casino online site and log in
• Access the deposit section and find USDT
• Click on this method and then copy the link address to your crypto wallet
• Optionally, you can pay by scanning the QR code using a mobile device
• Select the amount you want to deposit and press “Confirm”

Deposits through Tether are instant no matter which online casino site you use in Canada. There are no additional costs for transactions.

How to perform withdrawals using Tether?

In order to complete the cash out process, you need to do the following:

• Access the withdrawal section and select Tether
• Then copy your USDT wallet address to the provided field
• And finally, select the amount to payout and confirm the process

The funds should appear in your wallet immediately. But, due to the casino’s transaction verification policy, payouts can take up to 24 hours. Fees, if charged, are usually 10 cents on a $10 withdrawal.

Is USDT safe for payments at gambling sites in Canada?

Tether, like other well-known cryptocurrencies such as Bitcoin, Litecoin, Dogecoin, and others, uses blockchain technology. Deposits and withdrawals of transactions made through blockchain are practically impossible to hack or change. So, your funds will be kept safe without the possibility of unauthorized access. Also, you are protected in another way. USDT transactions on gambling sites in Canada are anonymous.

Tether – the most significant Pros and Cons

The Tether casino online payment method stands out for the following pros:

• The stability of coins is greater than other cryptocurrencies
• Security and anonymity of deposits and withdrawals
• Fast payments and low withdrawal costs

But Tether also has a few cons. They are as follows:

• Not accepted in all online casinos in Canada
• The value of coins will not increase

Last words related to the Tether payment option

If you are not a fan of the risk of changing the value of cryptocurrency coins, USDT is the right choice for you. Tether cryptocurrency is easy to obtain. Also, you can easily make deposits and withdrawals at your chosen casino using Tether cryptocurrency. A few seconds after the deposit you can play slots and other games immediately. And when you win, you will be able to quickly withdraw funds.