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Our Guide to the Best Tether Casinos in NZ

Tether casinos are among the safest crypto casinos you can play at. This is because the price of Tether, or USDT, is usually stable, which makes it easy to maintain the value of your casino bankroll without it fluctuating wildly.

At the same time, you’ll benefit from all the advantages that USDT casinos bring, including speedy withdrawals, provably fair games, and greater anonymity. Claim a mega welcome bonus at our top Tether casino for Kiwis below or delve into our full guide on Tether gambling.

Our Top Tether Casinos for New Zealand 2024

Why Gamble with Tether?

Tether’s ticker or ‘code’ is USDT, which looks extremely similar to USD – and that’s not a coincidence. It’s because the price of Tether is directly pegged to the price of US dollars. The idea is that one USDT should be worth nearly the same as US$1.

In crypto circles this is called a stable coin, because the price is, well, stable. And that’s a really useful thing when you’re leaving big stacks in your casino account!

If you gamble at Ripple casinos, with Ethereum, or any other crypto which isn’t a stable coin, there will be periods when the price of the coin increases or decreases dramatically in a short space of time. You might sign in, win $10 and by the time you’ve signed in the next day you’re $20 down in terms of USD value.

USDT gambling is different. The amount you have in your account is likely to remain almost the same. All currency values fluctuate, including traditional ones like USD and NZD , but to a much less noticeable extent.

Some of the best perks of a USDT casino include:

  • Stable balance. The price of Tether is tied to the US dollar, so it’s unlikely to fluctuate too much too quickly.

  • Fast withdrawals. Like other cryptos, USDT allows you to cash out your casino winnings at rapid pace, with no bank checks.

  • Extremely liquid. Tether typically has the largest trading volume of any crypto, making it easy to buy and sell.

  • Anonymous. Keep your financial details private by using USDT instead of NZD.

Are Tether Casinos in NZ Safe?

Playing at Tether casinos is one of the safest ways to gamble online in New Zealand.

Blockchain technology has opened new doors to make games which are provably fair. This means being able to trace transactions linked to every spin or dice roll, so you can see that it was truly random.

On top of that, USDT casinos specifically are safer because of the stability Tether offers. Most crypto casinos which let you play using Bitcoin or any other token are subject to price fluctuation. Tether has a much more predictable price, so you won’t wake up in the morning to see that the value of your casino account has crashed by 80% or 90%.

It’s important to only select the best USDT casinos which are fully regulated and licensed, like those recommended by our experts.

Getting Started With Tether Gambling: Choose a Wallet

Even though USDT is closely linked to USD, it is still a crypto, and that means you’ll need to set up a digital wallet to get started.

If you don’t have one already, you’ve got nothing to worry about. Creating a USDT wallet is quick, easy, and free. You have a few tasty options to choose from, so we’ll start off by breaking down the strongest contenders before walking you through the step-by-step process.

These are the best Tether wallets:

  • Trust Wallet. One of the most widely used wallets for Tether. It’s ideal for mobile and includes a few advanced features, like NFT marketplaces.

  • Trezor. If you want to store your USDT offline, Trezor is the most popular choice. You’ll receive a physical key which stores the digital keys to your crypto.

  • Coinbase. Keep things simple with a Coinbase wallet. Download the user-friendly app to get going, with super-simple transfers.

  • MetaMask. This wallet is built into your browser. It keeps your tether completely private, but you’ll need to take close care of your Secret Recovery Phrase.

How to Deposit With Tether

Along with Ethereum and Bitcoin, Tether is often a top-three coin in the overall crypto rankings by market cap. That makes it incredibly popular, and so making your first deposit is easy.

The first thing to do is set up your own wallet. We touched on that in the last step.

Next, you need to convert the cash in your wallet into the digital form of USDT. It’s much easier than you might think, and we’re going to show you how to do it. Keep in mind that each transfer incurs gas fees, and these can be quite volatile on the network Tether uses.

Here’s how to deposit with Tether in NZ:

How to Withdraw With Tether

Normally, it’s quick and easy to cash out your USDT at NZ Tether casinos.

Tether works on the Ethereum network, which can infamously slow down quite a bit during busy periods. There are updates in the works to fix this, but it does mean you have to take withdrawal times with a pinch of salt.

In terms of fees, Tether isn’t the cheapest. As with all ERC20 tokens which run on the Ethereum blockchain, there’s a lot of variance. A transfer might set you back a couple of bucks one day and $20 the next. There are too many variables for a one-size-fits-all answer, but you can avoid these issues by picking and choosing your spots. If gas fees are high, just wait a while and check again. Or try it on the Tron network.

When you want to withdraw USDT, follow these steps:

  • Visit the casino. The first step is to log into your casino account and head to the cashier area.

  •  Withdraw. Find ‘USDT’ to initiate a withdrawal. You’ll need the wallet address that you want to send it to.

  • ·Wait. You might have to wait a few minutes for the transaction to complete on the Ethereum blockchain.

  • ·Spend. Once your USDT lands in your wallet, you can spend it, trade it, or save it.

Tether vs Other Cryptocurrencies

Tether is a stable coin, so it doesn’t get compared to other cryptos in the same way that you’d see with BTC vs ETH or Ripple vs Solana. There are other stable coins out there, and they do have pros and cons when compared to Tether. For example, no other coin is as liquid as Tether, which means there are loads of transaction and lots of ways to access it. But then there are other stable coins which might have lower fees for transfers.

TetherOther Virtual Currencies
High liquidity and wide availability make it easy to access Tether from many crypto casinos and digital wallets.Coins like BTC and ETH are widely accessible, but you’ll find limited options with less common coins.
Tether price is tied to the price of the US dollar, giving your funds extra stability over time.Non-stable coins are subject to volatile price changes, which could work in your favor or against you.
Uses the Ethereum blockchain which can become busy and have expensive gas fees at times.Many other crypto coins are also ERC20 tokens which use Ethereum’s blockchain, but some – like Solana – are cheaper.
Has a 1:1 ratio against the US dollar, has been around since 2014, and has physical USD reserves.Other stable coins are regulated (DAI) or arguably have greater transparency (USDC).

How We Review Tether Casinos

There are tons of online sites in New Zealand where Tether gambling is accepted, so finding the very best Tether gambling sites takes a lot of exploration and analysis. That’s where our experts come in.

For both crypto casinos and traditional ones, we maintain the same high standards across the board. From your safety to the number of games on offer, we analyse every detail of each Tether casino, paying close attention to anything which could be tricky for players who aren’t extremely familiar with crypto.

Here’s more about our Tether casino review process:

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