Online Casinos in Argentina Offering Tether
Given how Argentinians have embraced crypto and more and more provinces regulate online gambling, it should come as no surprise to learn that Tether is among the top payment methods used across Argentinian online casinos. This stablecoin is the bridge from fiat to crypto, and thanks to its ease of use, Argentinians choose it over any other payment method for their deposits and withdrawals. The fact that the solution was already popular with Argentinians across other currencies only further facilitated its transition to the online gambling industry, and that's the reason why it is already accepted across most if not all, licensed Argentinian online casinos. So, make sure you stay with us to learn more about it, if interested in using it yourself. What is Tether and why select it as your payment method at an Argentinian online casino?
The Legality of Online Gambling in Argentina
Given how involved in football Argentina is, you should not be shocked to learn that it was among the first LatAm countries to legalize online sportsbetting. In fact, on a federal level, gambling was banned in Argentina, until 1999, when online gambling started to take off, actually. This is when gambling went online and countries started considering legalizing it. And considering Argentina has laws on a federal and on provincial level, individual provinces were allowed to decide whether they wanted to legalize online gambling or not. So, Argentina was actually among the first countries to legalize online gambling, since many of its provinces started regulating the online gambling industry. So, at the moment of writing, most of them do offer a legal online gambling market, thanks to the Supreme Court Decree. They all have their respective legal frameworks and rules and laws that operators and players, alike, need to follow.
Among them, we can mention Buenos Aires City, San Luis, Rio Negro, Cordoba, and Santa Fe. However, as we’re writing this, you should know that many other provinces are in the process of regulating the industry or launching their respective markets, therefore, chances are that all of the Argentinian provinces will eventually regulate online gambling. Operators have already started joining forces in Argentina, making sure Argentinians have world-class gaming content at their disposal. And, in fact, so many of them already went live in Argentina, with many more to follow as soon as the new markets launch.
Therefore, as an Argentinian player, you are free to join any online casino you have access to. As soon as you start looking for sites, you will notice that there are so many to choose from, and not only that, but each and every one of them offers better and better game choices. You will have at your disposal all kinds of slots, Live Dealers games, online poker, or other table games, delivered by giants like Playtech, iSoftBet, Evolution, and NetEnt, to mention a few. You will certainly be showered with choices of games, offered by the greatest software developers of our time.
So, knowing that you’ll have more than enough game choices, it is time to focus on the banking options. Most of the sites at your disposal will give you a variety of local methods to choose from, mostly bank-related solutions, but the good news is, that they will also give you alternative solutions likeTether. Tether is big in Argentina, and diversifies portfolio in Latin America with investments, getting a better reach in the region. Argentinians are already using it across other industries, so naturally, it has found its way into the online gambling industry, too.
This is a stablecoin and one of the most user-friendly cryptos you'll ever come across. It offers the easiest transition from fiat to cryptocurrency and is so uncomplicated to use, that users prefer using it over any other. And since it is especially popular with Argentinians, it is offered across most, if not all, licensed Argentinian online casinos. You will certainly find it across your favorite sites, so if you never tried it but you’d want to, continue reading to find out all about it, as we’ll share with you all we know about it in the following section.
Why Start Using Tether at an Argentinian Casino?
Tether is a stablecoin, as introduced, designed by Bitcoin aficionados. The company behind it, Tether Limited, wanted to create a digital currency that was far less complicated to get started with and use compared to the cryptos that existed at the moment, one that would provide an easier transition from fiat to cryptocurrency. That's how they created Tether (USDT), a US dollar-pegged coin that was far safer and more stable than any other cryptocurrency since 1 USD equals 1 USDT. The stablecoin went live in 2014, and its popularity never ceased to increase ever since.
As said, it is the digital equivalent of the US dollar, and that’s why it provides the best of both worlds: the stability of the fiat currency and the accessibility of the digital currency. That’s the reason why its creators made sure to offer it in two other fiat currencies, the euro (EURT) and the Chinese yuan (CNHT), and even enabled it through the Ethereum blockchain, trading as ERC20. But, the company behind it also makes sure it runs legitimately, in line with the set rules in different countries. It launched collaboration in Argentina for small businesses, and with that, only further cemented its position as a leading crypto in the country.
Given its popularity in Argentina, it should come as no surprise that the solution is a huge hit across Argentinian online casinos, too. Players use it for both deposits and withdrawals, thanks to its ease of use and speedy transactions. So, if you wish to try it out yourself, here’s what you need to do. Visit its official website and press the Create Account button. With that, the getting started procedure is initiated. You will create a crypto wallet, essentially, by sharing your email address and some basic personal info. You then need to accept the Terms and Conditions and verify your identity, and with that, your wallet is ready to be funded.
You can fund the wallet with all kinds of banking methods, alternative solutions, or local bank transfers, you choose. Nevertheless, as soon as you enter the fiat currency, it will immediately convert into cryptocurrency. Now, since the Argentinian peso is not equivalent to Tether, you will need to pay a small conversion fee to convert your pesos into US dollars or euro/Chinese yuan. But, as soon as you add, say, USD/EUR/CNH10, they instantly convert into USDT/EURT/CNHT10. So, as you top up your wallet, you are immediately ready to start using it across the many Argentinian online casinos that offer it. Stick with us, as in the following section we’ll guide you through the steps you need to take in order to successfully start using the solution for your deposits and withdrawals.
How to Deposit and Withdraw Across Argentinian Online Casinos with Tether?
Since the number of Argentinian online casino sites continues growing, with new provinces getting into the game, so does the number of casinos that offer Tether that you could check out. Tether is really popular across the online gambling industry, and among Argentinians, which means that operators that cater to Argentinian players make sure to list it as an accepted payment method across their sites.
Check out a few sites and then decide on the one to join. Register a player account with that site, by providing some basic personal details, and then, to fund it with Tether, do the following:
- Enter your player account and head over to the Banking page.
- On the list of Deposit Methods, find Tether and select it.
- In the pop-up, the casino’s crypto wallet address will be displayed; you need to copy it.
- Use your credentials to enter your crypto wallet.
- Specify the amount of money you want to deposit.
- Paste the casino’s wallet address where prompted.
- Confirm the transaction and watch the funds arriving instantly on your balance.
Argentinian online casino players love using Tether for withdrawals, actually, as it is as simple and effortless to use. The withdrawal procedure is no different from the deposit procedure, therefore, you’ll know exactly what to do once you initiate it.
After you select the solution from the list of Withdrawal Methods, you will need to access your crypto wallet and copy your wallet address, to paste it in the designated field on the Banking page. And after you enter the amount you wish to cash out and send in your request, the operator will need to approve it. The approval can arrive in about a few minutes or in up to 48 hours, depending on the casino's withdrawal policy, but as soon as you get it, you will see the funds arriving in your crypto wallet immediately.
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FAQs
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