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The high volatility and wild price swings have always been a problem for people to accept cryptocurrencies. But, this is an industry that never sleeps. With the invention of stablecoins such as TrueUSD (TUSD), you can now enjoy all the benefits of crypto gambling without the volatile swings.
TrueUSD Casino Sites are getting increasingly more common thanks to the coin’s innovative ideas that make it a perfect fit for financial-conscious casino players.
Stablecoins are a great choice for many casino players. They allow you to enjoy the benefits of cryptocurrencies such as speed and anonymity without worrying about price swings.
TUSD Casinos are not as prevalent as Bitcoin or Tether Casinos, but the small coin was launched by a team of experienced tech professionals who knew what people want and need the most.
Launched in 2018, it was created by a team of Google, Palantir, Stanford, and Berkeley employees. They set out to create a stablecoin pegged to the US Dollar with a 1:1 ratio. Its creators aimed at flexibility, stability, and utility, with plans to bring separate stablecoins pegged to other currencies such as CAD and AUD.
According to its creators, it aims to become the first fully legal stablecoin backed by the US Dollar. It has managed to break into the top 100 cryptocurrencies on the market. That’s why there’s been an increase in the number of TUSD Casinos which players love to join.
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Speed, anonymity, and stability are the three main benefits of using TrueUSD at Crypto Casinos.
First things first – players love the fact they can make anonymous transactions without sharing their bank accounts or other financial information. Every TUSD Casino transaction is recorded on the blockchain, but details are never shared.
Of course, the transaction speeds are a major factor in why players choose to play at TrueUSD Casinos. In short, they’re instant. Deposits are made immediately, while withdrawals depend on the casino. But, overall, they are instant too after the casino approves the withdrawal request.
Another reason is the flexibility and stability. As a coin pegged to the US Dollar, you won’t see it swinging under or over $1. There might be slight drops to 99 cents, but those are short-lived. Compared to Bitcoin or Ethereum, playing at TUSD Casinos is easier as the coin’s value never changes.
Before you can make TrueUSD casino deposits, you will need to buy the coin first. It’s listed on the major exchanges so you shouldn’t have trouble buying it. Store it in a crypto wallet of your choice and you’ll be ready to fund your casino account.
TUSD Casino withdrawals are just as easy as making a deposit. You’ll just have to pick Withdrawal instead of Deposit.
The process goes the same as making a deposit, although it’s slower on average compared to deposits. There should be no TUSD casino fees on withdrawals. As for the processing times, that largely depends on the casino.
If your account is KYC-verified and transactions are processed quickly, withdrawals shouldn’t take longer than 24 hours or less.
Yes, it is. It’s a perfect alternative to anyone who doesn’t love volatile coins. Unlike Bitcoin or Ethereum, stablecoins such as TUSD are stable in price.
Yes, it does. The fact that it’s a stablecoin has nothing to do with its performance. You can still expect full anonymity and fast transactions.
Absolutely. You can use it to make deposits and withdrawals in a safe, secure, and anonymous way.
No, you don’t need to pay any TrueUSD casino fees. If a casino charges anything, you’re welcome to sign up at another site that doesn’t.