One of the issues, but also benefits, that comes with cryptocurrency is volatility. The sporadic lows and highs are a great advantage to traders and investors, but maybe not for those gambling. Imagine winning $50,000 at a casino, waiting three days to withdraw it, then the value drops down to $37,500 thanks to bears. Stablecoins are the best option for many people, such as retailers and casinos. Casinos are now doing justice to their more financial-conscious customers. These are the casinos accepting TrueUSD.
Best TrueUSD Casinos
BC.Game is a fan favorite crypto casino to many, they have made it their mission to bring their casino users an extensive list of cryptocurrency options. They offer more than 60 tokens to choose from, including TUSD.
BC.Game offers popular cryptocurrencies like Bitcoin, Ethereum, Dogecoin, Litecoin, and Bitcoin Cash, as well as offering cryptocurrency support for some lesser know crypto tokens such as FLOKI, SHIB, AAVE, AXS, and many more.
Bonus
Up to 180% first deposit bonus
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Year
2019
Games
14
Crypto
28
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If you love TrueUSD gambling and bonuses, then Winnerama is the casino for you. They feature some of the most unique casino bonuses we have seen and bring you endless opportunities to enjoy the perks of their promotions.
They offer 5 bonuses for Monday, 7 for Tuesday, 6 for Wednesday, and so on all the way to Sunday. They also offer other bonuses like the egg chase, giveaways, tournaments, cashbacks, lucky spins, scratch cards, and so much more.
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Year
2020
Games
200
Crypto
7
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MELBet offers more than 1,500 games brought to you by the top 30 software providers. These providers include the most iconic names in the industry and some of the exciting and up-and-coming boutique providers out there.
MELBet players can try their luck at slots and bingo, as well as get access to thousands of sporting events across every sport imaginable on their sportsbooks. MELBet also specializes in live casinos, multi-level bets, and eSports events.
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Year
2012
Games
1500
Crypto
31
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Crypsino is another one of the casinos accepting TrueUSD that we recommend, we recommend this casino because it brings you the best in provably fair gaming. They are extremely transparent and allow you to verify your losses.
Among their many games, most slots, dice, card, keno, and bingo games are provably fair, with dice 3D and Heads or Tails included. You can verify your bet outcome through their server-generated secret seed and hash results.
Bonus
50% when you deposit more than 1000 credits
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Crypto
34
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KawBet is featured on this list of the best TrueUSD casinos because of their phenomenal game offerings. They explore all types of game categories including live bingo, sports betting, live casino games, esports betting, and the usual casino games.
They allow you to bet on sports such as basketball, football, tennis, table tennis, darts, and lacrosse, as well as esports games like Dota 2, Counterstrike, League Of Legends, and Valorant. They offer brilliant live casino and casino games too.
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Year
2016
Crypto
25
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What Is TrueUSD?
TrueUSD was founded and launched in January 2018. The creators of TrueUSD and TrustToken are a group of Stanford, UC Berkeley, Palantir, and Google employees, and are backed and funded by Stanford-StartX, FJ Labs, Founders Fund Angel, and BlockTower Capital.
TrueUSD is a stable coin pegged to the price of the US dollar, at a 1:1 ratio. This means that the price of TUSD is linked to the price of the fiat USD. You might be wondering why TUSD decided to launch as a stable coin? It’s in the name. The creators of TUSD wanted to bring the community both stability and utility.
TrustToken, its parent company, planned to bring its concepts of stable coin currencies to more countries such as Australia and Canada, seen by: TGBP, TAUD, TCAD, THKD. TUSD is simply one of their many stable coin offerings, based on the USD price.
They claim to be the first regulated stable coin fully backed by the US Dollar. They are currently positioned quite comfortably in the top 100 coins by market cap, sitting at 61st overall.
Benefits Of TrueUSD Gambling
TUSD casinos have plenty of benefits for players to take advantage of, but it is important to note that gambling with any cryptocurrency is better than most fiat options. Simply put, cryptocurrency provides:
- Fast transactions
- Lower fees
- Transparent data
- Anonymity
At the end of the day, gambling with TrueUSD still has some extra benefits over a majority of other cryptocurrencies. Let us take a look.
BTC vs TUSD Gambling
BTC | TUSD | ||
---|---|---|---|
💰 | Max supply | 21,000,000 | Unlimited |
⏱️ | Block Time | 10 minutes | N/A |
⚡ | Transaction Speeds | 4-7 per second | N/A |
💸 | Transaction Fees | $1.78-$62 | 0.1% |
⛏️ | Mining | PoW | N/A |
The main benefit of course is the stability of the cryptocurrency, allowing users to hodl their funds without the worry of bear markets. But when compared to the more traditional Bitcoin, they still stand out.
TrueUSD is available on Ethereum blockchain, Tron blockchain, Binance Smart Chain, and AvaChain. Their diversification on Blockchains means different prices and fees depending on which you use. You could use their Binance fees of less than $0.29 or the transaction speeds of Tron at 2,000 transactions per second.
There is no mining of TUSD, but rather coins will be released as demand and backed funds become available. Very similar to most fiat currencies, which is why the price stays so stable.
Using and receiving the benefits of TUSD is simple, its chain dependant, but better than Bitcoin in most departments. It is difficult to compare two very different coins, especially with the complexity surrounding TUSD. Overall, TUSD is a good token with great potential.
How To Gamble With TrueUSD
When gambling with TrueUSD at TrueUSD casinos, getting started is easy.
- First, find good casinos accepting TrueUSD, we have left our recommendations in the list further up in this article.
- Next, sign up to your preferred TrueUSD casinos, fill in the required information, and confirm your account activation via email if necessary.
- From there, you can either select a welcome and deposit bonus or go straight to depositing.
- Depositing is fairly simple. First, ensure you have TrueUSD available for depositing in one of your crypto wallets. Once you’ve got your money in your wallet, head over to the deposit section and select TrueUSD as your method of choice.
- You will be given specific instructions on how to make a deposit, and that’s it! Usually, they will provide you with an address to send funds to. It really is that simple. Your funds should clear and become available in your account within a few minutes.
Then you can get started, play your favorite games at top TrueUSD casinos.
TrueUSD Casino Bonuses
There are some great TrueUSD casino bonuses available. See the best below.
Up to 180% first deposit bonus
50% when you deposit more than 1000 credits
TrueUSD Sports Betting Sites
Sportsbooks or sports betting sites are often harder to find compared to casinos when it comes to cryptocurrency options. For example, when we covered Binance Coin gambling recently we found that while the coin itself is massively popular, there was only one BNB sports betting option.
But luckily this is not the case with TUSD. Straight away we were able to find three strong sports-focused betting sites for you to play at. And there will undoubtedly be more in the future.
While KawBet offers a bit of everything in terms of gambling, it is first and foremost a sports betting site. They have all the sports you can bet on clearly visible.
MELBet is another gambling that accepts TUSD and specialises in sports gambling. They offer a little of everything, like Esports betting and casino games, but MELBet are known as a sports betting site before anything else.
1xBit casino and sportsbook is another fine option for your TrueUSD gambling needs. They are a huge, established site with a lot going for them.
TrueUSD Esports Betting Sites
When it comes to Esports betting with TUSD you also have some good options, with more coming soon.
MELBet offers TUSD Esports betting on the biggest competitive games out there.
KawBet put a great deal into the Esports section of their gambling site, and you can bet on the likes of Valorant, Dota, and Counter Strike all with TrueUSD.
TrueUSD Casino FAQs
Is TrueUSD legit?
Yes, they claim to be regulation and all research into the team and TrustToken are very promising. It’s impossible to say if any cryptocurrency is legit, but with all the evidence presented, it seems as though TrueUSD is legitimate.
What can TrueUSD be used for?
Its primarily used for investment and utility, its stable price presents benefits to both those looking to grow their funds and those looking to use the cryptocurrency without losing funds.
Can I use TrueUSD for online gambling?
Yes, TrueUSD is a great cryptocurrency for online gambling. Providing them speed, lower fees, and a sense of anonymity a lot of other cryptocurrencies offer, with a few of its own benefits too.
Is gambling with TrueUSD safe?
Yes, most cryptocurrencies provide heightened security and transparency due to their use of Blockchain technology. TrueUSD gambling is safe.
Is it legal to gamble with cryptocurrency?
As of right now, because crypto is in a grey area of regulation, yes. It does depend on your geographic location, although VPNs are used to bypass countries’ limitations, while cryptocurrency adds a layer of anonymity so they can not be traced back to.