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Best Sportsbooks US / Stake.us Tether 2024: Learn How To Use USDT On Stake

Stake.us Tether 2024: Learn How To Use USDT On Stake

Last Updated on 30/01/2024

Welcome to our guide to using Tether at Stake.us. Essential reading for anyone looking to use this popular stablecoin for some quality sweepstakes gaming at the site.

We found that you can make fast and cheap payments in USDT to buy virtual credit at Stake.us. Not only that, but if you use our PROMOBOY on signing up, you could enjoy a 5% rakeback on your losses as well as 55 SC and 260,000 Gold Coins. A great way to begin your sweepstakes gaming journey.

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Does Stake.us use Tether?

Yes, it does. While Tether is a stablecoin, it is listed alongside over 20 cryptocurrencies that you can use right now at Stake.us. This means that you can use Tether to make your payment to the sweepstakes casino from most places in the US and enjoy playing with your newly bought virtual credit.

However, it’s important to note that you have to be at least 21 years old to play at Stake.us and based in the US, with the state exceptions of New York, Washington, Michigan, Kentucky, Nevada or Idaho.

Get your crypto rewards from Stake.us

The virtual credit that you’ll be buying with your USDT will come in the form of Gold Coins. These will have no cash value and can only be used to play casino games for fun.

However, you might sometimes be given a bonus of Stake Cash when you purchase Gold Coins. This Stake Cash can be used to play the casino games in a sweepstakes mode, which gives you a chance of being able to redeem some crypto prizes. Just remember, that you have to play through your Stake Cash at least three times to do this.

Advantages of using USDT at Stake.us

It’s never going to be as glamorous using Tether as it is using Dogecoin at Stake.us. However, we think that the following reasons could cause you to consider USDT:

  • Decent processing times: You’ll find that your average Tether payment will be processed anywhere between a single minute and 10 minutes. It’s not the fastest coin, but still faster than making a standard bank transfer.
  • Fair costs: Tether payments should cost you around $0.25. This is a relatively cheap crypto and it could work out to be cheaper compared to Bitcoin.
  • Easy to understand: The fact that USDT is pegged to the US dollar means that it’s much easier to understand how much you are playing with. Plus, you’ll benefit from much greater stability too.

Disadvantages of using Tether at Stake.us

While Tether is a widely adopted stablecoin, the following issues could cause you to consider using another payment method at Stake.us:

  • Hacking issues: No crypto is immune from hacking and this is definitely true of Tether. After all, the network suffered a $30 million hack in 2017 and there’s no reason why this couldn’t happen again.
  • Liquidity concerns: One of the more pressing issues is the fact that many have speculated that the Tether network simply doesn’t have the required liquidity to back up its operations. This could raise big questions about the long-term future of Tether.

Conclusion - Good reasons to use USDT at Stake.us

We think that Tether offers you a great way to play at Stake.us. After all, it's a crypto that makes it easy to understand its value and it also offers reasonably good processing times and relatively low fees.

While there remain concerns about the liquidity of the Tether network, this won’t affect how you play at Stake.us. So, if you want to sign up for this sweepstakes casino, you can get that welcome offer and start playing.

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Stake.us Tether FAQ

💵Does it cost anything to use Tether at Stake.us?

Read our guide to see if it costs you anything to pay using USDT at Stake.us. After all, it costs you money to use Bitcoin at Stake.us, so we’d expect the same to be true for Tether.

❓How long does a payment of USDT to Stake.us take?

Check out our guide to see how long a payment with Tether at Stake.us takes. While it might not be as fast as using Litecoin at Stake.us, it should still be much faster than something like a bank transfer.

👮Is it legal to use USDT at Stake.us in the US?

Make sure that you read our guide to see whether it is legal to use Tether at Stake.us in the US. After all, we’d hope that all of the current Stake.us payment methods were safe and legal.

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