Tether and Its Currency Variants
Before learning anything else, there is a very important distinction to make here. Tisn’t a single token. It’s a group of stablecoins pegged to different fiat currencies. Here’s what you need to know before making a casino withdrawal:
- USDT (USD₮)
Pegged to the US dollar. This is the most widely used version in online casinos and crypto wallets. - EURT (EUR₮)
Pegged to the euro. Not commonly supported in gambling platforms. - MXNT (MXN₮)
Pegged to the Mexican peso. Rarely seen outside Latin American financial services. - CNHT (CNH₮)
Pegged to the offshore Chinese yuan. Mainly used in regional finance platforms, not in gaming. - Most casinos support only USDT. Even if the casino uses a different base currency for gameplay, crypto transactions are nearly always handled in USDT.
- Tether’s symbol (₮)
Sometimes used alongside the token, but the actual token ticker (like USDT) is what matters for transactions.
Tether Withdrawal Limits
Withdrawal limits can vary depending on the casino, but most follow similar guidelines when it comes to minimums, maximums, and network-related considerations. Here’s how things typically look.
Minimum and Maximum Amounts
Online casinos that support USDT withdrawals typically set a minimum withdrawal amount between €20 and €50. This makes it accessible even for casual players who want to withdraw smaller balances.
Maximum withdrawal limits may vary depending on your account level or verification status. Many casinos set daily or weekly thresholds around €5,000 to €10,000, while some allow higher monthly limits for verified or VIP users. These limits may also increase over time as you continue using the platform or complete additional verification steps.
Network Fees and Processing Factors
Tether operates on several blockchain networks, and each one affects how fast and cheap your withdrawal will be. Here’s what to know:
TRC-20 (Tron Network)
- Built on: Tron
- Fees: Usually under €1
- Processing time: Typically less than 5 minutes
TRC-20 is widely supported by crypto-friendly casinos and is known for its low fees and quick transactions.
ERC-20 (Ethereum Network)
- Built on: Ethereum
- Fees: Can range from €5 to €30 or more, depending on network congestion
- Processing time: Between 15 minutes and over an hour
ERC-20 is the original form of Tether, but it is often the slowest and most expensive option. It’s still accepted at many casinos, but usually not recommended unless required by your wallet.
BEP-20 (Binance Smart Chain)
- Built on: Binance Smart Chain
- Fees: Typically between €0.50 and €2
- Processing time: Around 5 to 15 minutes
BEP-20 provides a solid alternative with lower costs and reasonably quick processing. It’s a good option for players who use Binance-connected wallets.
Choosing the Right Network
If the casino gives you a choice, TRC-20 is often the most efficient for fast and inexpensive withdrawals. ERC-20 should only be used if it’s the only available option or required by your wallet. BEP-20 works well if you’re already active in the Binance ecosystem or want a balance between cost and speed.
Before submitting your withdrawal, double-check that your wallet address matches the selected network. Sending funds to the wrong type of address (e.g., TRC-20 funds to an ERC-20 wallet) can result in permanent loss of funds.