For those who aren’t aware, at Bovada you can make deposits using cryptocurrency. So whether you are looking to bet on sports, play at our online casino or enjoy some Poker, you can fund your account using cryptocurrency. There are many cryptocurrencies that we accept at Bovada, including: Bitcoin (BTC), Bitcoin SV (BSV), Bitcoin Cash (BCH), Litecoin (LTC), Ethereum (ETH) and now, USD Tether (USDT).
What is USDT?
Tether is block-chain based cryptocurrency that pegs to the value of 1 US Dollar (USD), meaning it is a stablecoin. Tether Tokens are issued by Tether limited and for each Tether issued, $1.00 is maintained in reserves.
Stablecoins are created to track traditional fiat currencies, such as the US Dollar, the Euro and more. Whilst common cryptocurrencies fluctuate massively in value, Tether and other stablecoins don’t; they should always be equal in value to their underlying currency.
Of all cryptocurrencies in the world, Tether currently has the third highest Market Cap totaling over $80,000,000,000.
What Are The Advantages Of USDT?
A cryptocurrency that’s value doesn’t fluctuate, and reflects the value of the US Dollar, might sound like it doesn’t have any advantages. However, there are several advantages to Tether… it’s unrestricted like all other cryptocurrency yet has a set value you can trust.
Stable – As mentioned, the value of USDT doesn’t go up and it doesn’t go down. You will always know exactly what your crypto wallet is valued at; it’s the best coin to use for value retention.
Secure – As Tether transactions are manifestly encrypted, moving freely within the blockchain, all your transfers remain securely recorded and stored by both parties.
Reliable – Credit card fees have increased, due to an increase in restrictions. When it comes to online gaming, cryptocurrency is the cheapest and most convenient deposit method.
To view more benefits of USDT at Bovada, then head on over to the advantages of USDT page.
Deposit USDT At Bovada
Deposit funds into your Bovada account via Tether!
When it comes to depositing USDT at Bovada, it couldn’t be any easier. All you need to do it hit the button above to be taken to the USDT deposit screen at Bovada. If you need any support, then be sure to visit the USDT Depositing Help page.
Once you have deposited using Tether, you can enjoy playing the best online casino games, or betting on your favorite sports. There’s tons of options available for you at Bovada, so be sure to check them all out! If you are new to Bovada, then sign up today!
