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Tether (USDT) Deposits

For players who have never utilized cryptocurrency as a deposit method and for players who have been reading our reviews, you may have noticed a new cryptocurrency deposit called Tether/USDT. USDT stands for US Dollar/Tether. We are pleased to announce that Bovada Casino accepts Tether as a deposit method and their other cryptocurrencies. There are many cryptocurrencies players can use to make deposits at Bovada. They include Bitcoin, Bitcoin SV, Bitcoin Cash, Litecoin, Ethereum, and the new Tether/USDT.

Tether/USDT Explained

  • 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 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 Tether.
  • Stable - The value of Tether 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 Tether

Depositing using Tether at Bovada Casino is relatively easy. All you need to do is hit the button to be taken to the Tether deposit screen at Bovada. Once you have made a deposit using Tether, you can begin your online gaming experience at the best online casino, where sports betting is also on tap.