Tether (USDT) is a stablecoin that many Oceania-based players are now turning to when choosing to play live dealer games online. Many believe that this payment method has a lot of benefits over other services on the market. Do we agree with these players? Yes, absolutely!

What sets USDT apart from traditional online payment methods like credit cards, bank transfers, and even other cryptocurrencies is that Tether is pegged to the US dollar. This provides the stability of fiat money (that Bitcoin notoriously doesn’t have) with the flexibility of cryptocurrency. This makes it an attractive choice for Oceania-based fans of live gaming who want to avoid volatility while still enjoying the benefits of crypto transactions. 

In comparison to traditional payment methods such as bank transfers or regular e-wallets, Tether offers faster transactions, lower fees, and greater privacy. At the same time, the value of your funds remains consistent, regardless of market fluctuations, making it a perfect option for gamblers who prefer predictable value.

Tether is particularly well-suited for online gamblers because it allows instant deposits and fast withdrawals, bypassing the red tape often associated with traditional financial institutions. Additionally, it provides a higher level of privacy, which is especially important for those wanting to keep their gambling activities discreet.

Things to Know About Tether

This is a product of Tether Limited, a company founded in 2014, with the goal of creating a stable cryptocurrency. Hence the idea of pegging it to the US dollar, and the name of the currency. It is one of the most widely used stablecoins in the world, boasting billions in market capitalization and serving millions of users globally. It is fully backed by reserves, and the company publishes regular reports to ensure transparency about its financial backing.

The currency is not governed by a specific central authority, which gives it an edge in terms of privacy and autonomy. However, it operates within the bounds of financial regulations and has partnerships with various financial institutions to ensure compliance. For online gamblers, this means the currency is safe, secure, and legal to use at most international gambling platforms.

The reputation of USDT has grown steadily, thanks to its transparency, reliability, and stability. It is especially popular among crypto enthusiasts who value the ability to retain a consistent value in their holdings while enjoying the flexibility of blockchain transactions. Another key advantage is mobile-friendliness. USDT wallets are easy to access and manage via mobile apps, which makes it convenient for players to deposit and withdraw funds directly from their smartphones.

Online operators that accept the reviewed payment method tend to be internationally friendly, offering services to a broad range of countries where traditional banking options might be limited. Due to the nature of cryptocurrencies, Tether is commonly found in casinos catering to players from regions like Latin America, Asia, and parts of Europe, where gambling restrictions may apply. Oceania just so happens to be among them, too.

Gaming platforms accepting USDT often offer a variety of live games, particularly live blackjack, as part of their portfolio. These casinos are typically licensed in or have , which makes them accessible to players from Oceania. Because crypto transactions are swift and anonymous, these online operators can bypass some of the financial restrictions imposed by certain countries, creating a more inclusive environment for gamers worldwide.

Players will find that the game selection at these platforms is extensive, often featuring multiple variations of live blackjack, including classic, VIP, and . The presence of real dealers in these live games, combined with the quick financial transactions Tether enables, creates an immersive and seamless gambling experience. Beyond blackjack, players can expect a wide range of live games like popular roulette variations, baccarat, and poker, all optimized for USDT transactions.

Making Deposits with Tether

Creating an account with this payment provider is straightforward, and it is suitable for both deposits and withdrawals at online gaming lobbies for Oceania. 

To start, you need a crypto wallet that supports USDT. Popular wallets include Binance, Kraken, or dedicated Tether wallets. Begin by purchasing USDT from a crypto exchange of your choice. Ensure that the exchange supports your local currency for a smooth transaction experience.

When acquiring this currency through a crypto exchange, first-time buyers will need to create an account, verify their identity, and link a payment method, such as a bank account or credit card. After that, the currency exchange happens by placing an order for USDT in exchange for fiat currency. Since its value is pegged to the dollar, 1 USDT will always be close to $1, offering a more predictable option for transactions or storing value in the crypto space.

In terms of safety, Tether is considered reliable for day-to-day crypto transactions due to its stability. However, the safety of using Tether depends on the exchange you choose. Reputable, well-regulated exchanges provide secure environments, often implementing multi-factor authentication (MFA) and encryption. Make sure the platform follows industry standards for security and transparency, including regular audits of Tether reserves. Always store your Tether in a secure wallet, preferably a hardware wallet for long-term holding, to ensure maximum safety.

Once you’ve set up a wallet, deposit funds to a live dealer site by following these steps:

1. Log into your online casino account.
2. Navigate to the cashier section and select Tether (USDT) as your deposit method.
3. Copy the casino’s wallet address for USDT or scan the provided QR code.
4. Go to your crypto wallet, paste the casino’s wallet address, and confirm the transfer.
5. The funds will reflect almost immediately in your casino account.

Making Withdrawals with Tether

Withdrawals work similarly. You’ll need to provide your own Tether wallet address to the casino. Withdrawals can take anywhere from minutes to a few hours, depending on the processing speed of the online operator that you’ve selected.

One of the biggest advantages of using the reviewed payment method is that it incurs minimal transaction fees. While some crypto exchanges may charge for converting fiat currencies into USDT, online operators rarely impose extra fees for deposits or withdrawals using Tether, making it an economical option. Additionally, the transactions are much faster than traditional methods like wire transfers or credit card withdrawals, meaning you can access your winnings quickly.

Our Opinion about Tether

The currency’s combination of stability, security, and speed makes it an excellent choice for online players from Oceania, particularly those who want the flexibility of cryptocurrency without the volatility. Additionally, the currency’s growing acceptance at internationally friendly online lobbies ensures that players from a wide range of countries can enjoy its benefits.

If the reviewed cryptocurrency is not available at your chosen live dealer lobby, or if you prefer to explore other cryptocurrency options, several other popular alternatives exist:

• Bitcoin (BTC): The most well-known cryptocurrency, Bitcoin is accepted at a wide range of online casinos. While it is more volatile than Tether, Bitcoin remains a favorite for its global acceptance and strong security features.
• Ethereum(ETH): Known for its smart contract capabilities, Ethereum is also widely accepted at online lobbies. Although it experiences more price fluctuations than Tether, it offers quick transaction speeds and robust security.
• Cardano (ADA): An emerging contender in the crypto world, Cardano is known for its energy efficiency and lower transaction costs. While not as widely accepted as Bitcoin or Ethereum, more platforms are starting to support it.

These alternatives provide diverse options for players who may not have access to Tether at their preferred online casino, each offering unique advantages in terms of security, transaction speed, and global acceptance.