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Poker sites accepting the USDT (Tether) in 2024
USDT combines the anonymity of cryptocurrencies with a stable US dollar exchange rate, which is why it is not surprising that it has gained such popularity. In just a few years, stablecoin has become one of the most popular methods for deposits and cashouts on online poker sites.
Best USDT-friendly poker sites
Here are the most trustworthy online poker rooms that accept Tether USDT:
CoinPoker
CoinPoker is an online poker room that is 100% cryptocurrency and has grown a lot in the last few years.
Please note that CoinPoker does not support transactions from centralized wallets, such as Binance. You must have a private wallet to deposit funds, and be aware of the transaction fees associated with using Tether USDT.
BetOnline Poker
BetOnline is part of the American Chico Poker Network and is known for being cryptocurrency-friendly. The tables have enough traffic to play at all limits, from NL/PLO10 to NL/PLO1k, and are soft due to the presence of sports betting fans.
It is worth noting that BOL does not charge any commission for playing poker with USDT, and payments are processed quickly.
Americas Cardroom
Americas Cardroom is the flagship poker room of the US-friendly Winning Poker Network, a leader in the American market and responsible for a massive volume of crypto transactions via Tether or Bitcoin. The ACR provides games at all stakes up to nosebleed and tournaments with millions of dollars guaranteed.
ACR does not charge commissions, and transactions are typically processed within a few hours.
What is Tether USD?
Tether USD (USDT) ₮ is the most well-known stablecoin. Its exchange rate is pegged to the US dollar.
Tether Limited, the issuing company, provides the coin's value using its own reserves. The company asserts that all tokens are fully backed by reserves. The 24-hour trading volume in 2024 was $54.62B USD.
Experts name several reasons for such popularity of the coin.
- Stability. Very low volatility compared to other cryptocurrencies
- Liquidity. Several blockchains are supported at once and are widely used on all top exchanges.
Relative transparency. - Risk hedging. USDT allows traders and investors to hedge the risks associated with the high volatility of cryptocurrencies.
- The absence of serious incidents related to the safety of using the coin.
Tether poker sites vs fiat poker sites
We highlight the following positive aspects of playing poker with Tether:
Anonymity
Cryptocurrency transactions are 100% traceable as they are registered on the blockchain. However, they are usually anonymous as only the USDT address is required to make the transaction, which resembles an Egyptian hieroglyph.
Licensed online poker rooms require customers to verify their identity. If you want to play anonymous poker, choose a 100% cryptocurrency room.
Stability
Tether USDT is a stablecoin that is pegged to the US dollar. It has occasionally lost parity, but this has only occurred during isolated events of short duration over the past decade.
Low commissions
Protocols like Tron TRC20 allow for the transfer of thousands of dollars with commissions as low as $1, which is impossible with fiat money. This has reduced costs for players and poker rooms that accept USDT.
Fast payments
Sending USDT or any other cryptocurrency takes only seconds, unlike regular bank transfers that can take several business days.
To avoid any potential disadvantages, we recommend paying special attention to the following details:
Controversies
Tether is the largest stablecoin on the market, and it has not reached this position without controversy. In theory, each unit of Tether is backed by real dollars. However, the company has struggled to demonstrate this with transparency.
Centralization
In the same way, many cryptocurrency fans highlight that this crypto coin is issued and controlled by a single company; that is, it is centralized, against the principle of using cryptos.
Protocols
ERC20? TRC20? OMNI? These unpronounceable acronyms are of the utmost importance if you use Tether USDT, which injects a somewhat unnecessary degree of complexity that can even result in loss of funds.
How do we select the best USDT poker site?
Regarding cryptocurrencies like Tether USDT, reliability is crucial in recommending a room to our players. However, it is not the only one, and we also take into account the following aspects:
Fees: Ideally, no additional fees must be charged for depositing or withdrawing via Tether
Traffic: Nothing worse than depositing with your stablecoin to find empty tables. We make sure that you can play any game you want.
Software: You can play on your computer or your mobile device seamlessly.
Background: In line with the reliability of the room, we only recommend poker sites that have already stood the test of time.
Conclusion
Playing poker with Tether USDT will become increasingly popular in the coming years. The penetration of cryptocurrencies, particularly stablecoins, has allowed many players to join rooms that many years ago had different restrictions.
The crypto market and poker have a close relationship, and players have been adopting this payment method as their own, which has greatly helped the expansion of crypto poker and has allowed us to compile the list of the best poker rooms Tether USDT.
Benefits of our affiliate service:
- Top rakeback deals
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Contact our manager to get yourself a deal.
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