Online Casinos in France Offering Tether
Considering Tether is the bridge that connects fiat currencies and cryptos, it is a solution offered across a great number of French-catering online casinos. The stablecoin is offered across most, if not all, online casinos that cater to French players, thanks to the fact that it allows players to make seamless deposits and withdrawals. Transactions with it are instant and effortless, and the solution can be used to fund a casino account and cash out winnings from. Add to that the fact that it is so effortless to get started with and use, and there you have it, the ideal solution to try as a French player. So, stay with us to learn more about it in this article. Why choose Tether for your deposits and withdrawals across French online casinos?
The Legality of Online Gambling in France
If you’ve watched too many gambling-themed movies, chances are you’ve seen at least one or two scenes filmed on location in France, since the country is known for its extremely luxurious casino establishments and is, actually, the place to be, especially if you’re a high-roller. The country is certainly home to a great number of brick-and-mortar casinos, mainly because the industry has been legal in France since 1907.
That’s precisely why France is a known advocate for safe gambling. Thanks to the fact that it is an integral EU member country, it has managed to set an example for other member countries to follow when it comes to the efforts it puts into making land-based gambling the safest and fairest out there. Since the industry is regulated to the highest standards within its borders, France continues urging other EU member countries to ensure it is duly controlled across their territories, too, in order for all EU citizens to enjoy a perfectly fair gambling environment.
Player protection is exactly what made France hesitate when the time came todecide whether to legalize online gambling, too, when the online industry took full swing. It took its time, actually, calculating all the risks and measuring the pros and cons of its legalization, but as an EU country, it had to eventually legalize online gambling. In 2009, France officially did legalize online gambling, even though its priority remained the land-based industry. Not only that, but actually France did not initially allow online casinos, but only online sports betting, online bingo and poker, and horse racing betting.
Believing that this would throw the EU off the scent, the Law 2010-476 was put into effect and France thought that that would be it. But then, a lot of things happened. First, French players turned to international online casino sites to satiate their thirst for online casino gambling. The regulator, ARJEL, did not like this, of course, and neither did the European Union. In fact, the EU put France under pressure to liberalize the market and allow at leastsites licensed to offer online gambling in any other EU member country to access its market.
That's exactly what France did, actually, and in line with the 98/34/EC and 56 TFEU Articles from the EU Directive, it allowed EU-based operators to apply for a license. Many operators and developers applied for and received their French license for remote gambling, right around the time when ARJEL was replaced by the ANJ. And by many, we mean hundreds of sites, sites that offer out-of-this-world games you could try. Whether slots are your thing, or you prefer getting in on the live action with Live Dealers titles, or you’re a hard-core video poker fan, you will have the opportunity to try out thousands of games that you love playing, delivered by the likes of NetEnt, Playtech, Games Global, and Pragmatic Play, to mention a few.
The best part is, that all of these sites give you the option to choose from a variety of payment methods to use for your deposits and withdrawals. And as you know, digital currencies have been welcomed by the European Union, so you can even try playing across online casinos using some crypto you may like. If you don't have a preferred crypto, why not try the stablecoin Tether?
This solution is ideal for taking you through the transition from a fiat to a digital currency, as it is extremely user-friendly and effortless to get started with and, later on, use. The fact that it has 350+ million users worldwide speaks volumes of availability and popularity, so make sure you continue reading to find out more about it and consider using it yourself, as it is offered across a great number of French online casinos.
Why Start Using Tether at a French Casino?
The US dollar-pegged stablecoin Tether is currently the world's largest by market cap, followed by others that appeared after it from the minute it went live in 2014. Tether Limited, the company behind it, was inspired by Bitcoin, the world’s first decentralized digital currency, to create the stablecoin that would act as a bride and facilitate the transition from fiat to digital currencies, using Bitcoin’s underlying blockchain technology. Creating a digital equivalent to the US dollar at first, the company launched the most stable coin out there, since its value does not fluctuate as with other digital currencies, since 1 USDT (the acronym) equals 1 US dollar.
Now, with time, due to some pressure from certain countries, it has become available in two other fiat currencies, your native currency the euro and the Chinese yuan. In fact, due to EU’s restrictive rules for stablecoins that were non-euro-denominated, Tether launched the EURT, and later on, the CNHT, as well. This means, in short, that you can buy 1 USDT/EURT/CNHT for 1 USD/EUR/CNH. That's right, the solution gives you everything you've ever wanted: the stability of the fiat currency and the access of the digital currency. That's enabled through the standard banking system and blockchains, including the Ethereum blockchain, where it is offered as ERC20.
The company behind it makes sure to continue improving it, and ensures to follow the developments and changes in laws across the world, to adapt the solution to be suited for users, no matter where they are from. As a French player, though, things are looking good for you at the moment. Since it can be purchased in euros, you will be able to use your native currency to complete the purchase as effortlessly as possible. In fact, next, we'll take you through thegetting started procedure so that you see how easy it is to purchase and use it.
The first thing to do is access its official website. Press the blue Create Account button, enter your email address, and confirm it, as prompted. Press Next and enter the needed personal details. Accept the Terms and Conditions and verify your identity, as you would do with any other crypto wallet. With that, your account can be topped up. You could use your bank account to make a bank transfer here, and for instance, convert your EUR30 to EURT30 in an instant, but you can rest assured that you will have other bank-related and alternative methods to use. The conversion from fiat to crypto happens automatically in the crypto wallet account, so as you go through it, you can start using the solution at your favorite French online casino. Stay with us to learn how to do that!
How to Deposit and Withdraw Across French Online Casinos with Tether?
Given the fact that, as a French player, you are legally allowed to join licensed casinos and play using digital currencies, this stablecoin is an option for you across hundreds of sites. Your first task will be, therefore, to start checking out some legit sites that you can access, and see whether they offer your games, and allow you to transact with Tether.
Assuming you’ve found at least a few candidates fast, and explored their offering, it’s time to decide on the site to join. Register a player profile with that casino, and to fund your casino account with Tether, you will need to do the following:
- The minute you enter your player profile, look for the Banking page.
- On the Deposits page, find Tether's logo and press it.
- The casino’s crypto wallet address will be presented in a pop-up; copy it.
- Enter your wallet and select how much you wish to deposit.
- Paste the casino’s wallet address in the appointed place and confirm the transfer.
- In real-time, the amount you requested will be transferred to your casino balance.
Withdrawals are, of course, possible with the solution, and the procedure really goes the other way around. You select Tether on the Withdrawals page, but this time, you access your wallet and copy your address instead, to paste it later on on the Cashier page after you set the amount you wish to cash out.
Now, depending on the casino you joined, you should know that the withdrawal times can vary. Some operators give approval in less than an hour, some instantly, but some take up to 24 to 48 hours. So, let’s say that in not more than 48 hours you should get your approval (if your withdrawal request was legit and you had enough to cash out). Instantly after the transaction is approved, the funds are transferred to your crypto wallet.
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FAQs
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Do many French online casinos accept Tether?
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