Legal USD Coin Gambling For 2022
The best online casinos, sportsbooks, and poker rooms accept several popular cryptocurrency bet funding options. And while every crypto carries the same direct benefits when used at legal online gambling sites, they have differences, too. Now that legal USD Coin gambling is available via several vendors’ banking menus, you might be wondering whether or not to try it out.
To that end, USD Coin (USDC) is a great option, but it might not be right for every player. To learn whether or not the USDC crypto coin is a viable bet funding option for your needs, our short guide explains the ins and outs of USD Coin, what its stable coin status implies, and what it all means for your bottom line.
Is It Legal To Gamble Online With USD Coin?
Yes! If you live in the United States, there are no federal gambling laws that bar access to the sites we recommend here. Because they operate outside of US borders in full compliance with international law, they’re safe for all American gamblers. Similarly, there are no banking laws barring access to the USD Coin cryptocurrency, which means you can use it for any lawful purpose.
Note: Residents of Washington state are legally precluded from all online gambling, and though these laws are not enforced, you must proceed at your own risk if you live in WA.
Best USD Coin Online Gambling Site For 2022
BetOnline Casino, Sportsbook & Poker Room
Claim $30000 Bonus Max + Reload Bonus For Life
BetOnline was the first USA gambling site to offer support for USD Coin, which has replaced the Tether cryptocurrency option as the site’s stable coin of choice.
As one of the oldest online gambling destinations, of course, it’s no surprise that BetOnline offers the most crypto banking options of any competing service, and we suspect that many other operators will soon follow their lead.
With USD Coin deposits, you get the best limits, rapid transfers, and minimal blockchain fees, while USD Coin withdrawals let you claim same-day payouts on all your winnings, regardless of whether you prefer online casino games, online sports betting online poker, or online horse racing betting.
Most trusted site – Operational since 1992!
US + international players welcome (18+)
Supports AVAX coin + many more crypto betting options
Enhanced bonuses for Avalanche crypto gambling deposits
Guaranteed same-day payouts + no added fees with Bitcoin/altcoins
Restricted state: New Jersey
BetOnline bonuses/promotions have 30-day time limit
No P2P app or eWallet betting banking options
USD Coin Online Casino Gambling
If you want the safest way to wager cryptocurrency at real-money online casinos, the top USDC casinos are an excellent bet. The best sites all offer hundreds of fair-play-certified online casino games made by the top iGaming developers in the world.
Whether you want to play online slot machines, online blackjack, American or European roulette, keno, craps, baccarat, bingo, online video poker, or even legal live-dealer casino games 24/7 from anywhere in the United States, these sites fit the bill – even when that bill is a digital dollar bill! USDC what we did there?
USD Coin Online Sports Betting
Many of the best USDC legal betting sites online offer full international sportsbooks. These books have daily odds on every game, from US classics like the NFL, college football, the MLB, and the NBA to international favorites like NHL hockey, golf, tennis, soccer, rugby, cricket, and more. You can even bet on politics and virtual sports odds!
The best online sports betting sites even offer live odds on every matchup, along with custom prop builder tools so you can set your own terms – and bet your own terms – anytime you want. If you want literally tens of thousands of lines per day with minimum wagers of just half a USD Coin, you found them!
USD Coin Online Poker
Legal online poker is the game that started it all. But while brick-and-mortar poker rooms require you to pony up with cold hard cash, trusted online poker sites let you to bet with crypto like USD Coin, instead. Enjoy cash poker tables with multi-hand and multi-table support, try your hand at small Sit-N-Gos, and play in the biggest online poker tournaments anywhere.
The poker games supported by the sites we recommend are the “Big Three” you expect: Texas Hold ‘Em, Omaha, and Omaha Hi-Lo. All games are mobile-optimized, anonymized, and instant, so you can keep your poker face intact and hit the digital felts anytime, anyplace.
- More game types and gambling options
- Hundreds of casino slot games and table games
- No waiting in line to play
- Valuable deposit bonuses and rewards points
- Bitcoin support + other cryptocurrencies
- Certified for fair play iGaming compliance
- 24/7 customer support
- Bettors 18+ accepted
- No geo-fencing – play from anywhere!
- Mobile-optimized gambling
How To Deposit With USDC At Legal Online Gambling Sites
One of the best things about the USD Coin crypto is that you never have to worry about buying it at the “right” price.
The USD Coin price – and the USD Coin value – is always tied to the US dollar at a one-to-one ratio, so there’s never a bad time to buy in. Just join any reputable online cryptocurrency exchange and transfer your USD to USDC. It’s that EZ, see?
Once that’s done, here’s how you make a USD Coin deposit at any online gambling site that supports the crypto stable coin:
- Follow any link on this page to a legal online gambling site that supports USDC banking options and click or tap the “Join Now” or “Sign Up” button.
- Enter in all requested personal information, being sure to use verifiable data. These sites use SSL/TLS encryption and never share or sell your info, so you can feel confident during this process.
- Select the USD Coin option from the cryptocurrency deposit menu and copy the site’s USD Coin sending address.
- In your exchange account or USD Coin wallet, choose the “Send” option and paste the above USDC address into the appropriate field.
- Enter in the USD Coin amount you wish to send to your legal online betting site, and submit the form.
USD Coin transaction times are fairly short, taking just 5-10 minutes to complete. Meanwhile, USD Coin transaction fees are also minimal, typically about 0.5% of the total amount you’re sending.
Note: If you send USDC from a private wallet instead of an exchange wallet, there are usually no fees at all!
How To Withdraw In USDC At Legal Online Gambling Sites
Once you’re ready to cash out with your 1:1 virtual cash equivalent, it’s a piece of cake. The process is the same whether you’re having your USDC transferred to your exchange account or your private USD Coin wallet:
- Visit your legal betting site’s online cashier page and select the withdrawal option.
- Choose “USD Coin” from the menu.
- Open your USD Coin wallet (exchange or private) and pick the “Receive” option. Copy down the unique USD Coin receiving address
- Back at your gambling site’s cashier page, enter the above USD Coin address as instructed, along with the amount of USDC coin you wish to pull out.
- Submit your gambling withdrawal request.
Most legal online betting services advertise that they take “up to 48 hours” to process payout requests, but crypto payouts are much faster. In fact, they’re usually approved instantly.
That means you’ll always get same-day payouts using USD Coin, while other non-crypto methods can take anywhere from 3-7 days and carry much larger fees. Most of the time, USDC gambling withdrawals don’t even come with blockchain fees!
2022 USD Coin Gambling FAQs
USD Coin is a crypto stable coin that, since its launch in September 2018, has rapidly become one of the most popular and heavily traded cryptocurrency assets in the world.
Each USDC coin is pegged 1:1 to the US dollar and is backed by fully reserved assets.
Most crypto enthusiasts and investors use USD Coin for swing trading, day trading, and arbitrage, but it’s a valid investment-grade crypto coin in its own right.
Many online vendors of goods and services – including some of the best online gambling sites – accept USD Coin as a matter of course, and it’s even backed by Visa!
You have several good options when it comes to USD Coin wallets.
While the nature of USDC compels most holders to keep it in their active crypto exchange accounts, that’s not the most secure option.
For online gamblers, we recommend using a USDC software wallet like Atomic, Bread, Electrum, or Exodus. These are all available as apps for iPhone and Android, too, which allows gamblers to streamline their entire experience.
With mobile online gambling and mobile crypto banking in the palm of your hand, there’s no more convenient way to bet real money online!
Nope. USD Coin is tied to the US dollar at a 1:1 ratio, so it’s always going to be worth exactly 1 USD.
Of course, due to the inflationary tendencies of fiat currencies, the value of the USD Coin will slowly depreciate in lockstep with the dollar.
That probably doesn’t matter much to online gamblers, but it’s something to consider long-term if you plan to invest in USDC outside of legal betting over the Internet.
That’s difficult to answer.
If all you’re doing is gambling at legal online casinos, sportsbooks, and poker sites, then it’s not really good as an investment, per se.
Now, USDC does allow you to get into crypto without incurring the risk of volatile crypto fluctuations, which is a good thing. And it also lets you get all the crypto betting benefits these sites offer without worrying about the above.
However, if you want to gamble with a crypto asset that goes as the market goes – where you can enjoy gains to your bottom line whenever the value of given crypto goes up – then USDC can’t really be used for that.
As a rule, if you’re going to gamble with USD Coin, you should probably deposit in USDC and pull out your winnings in a different cryptocurrency when the market is trending low for the coin in question.
Most definitely. In fact, this is USDC’s biggest strength in the online gambling industry.
When you deposit with USDC, you get all the perks of Bitcoin/Litecoin/Ethereum/etc. without any of the potential drawbacks (i.e. market devaluation).
It’s just like depositing in US dollars, but your transfers can never be interrupted by the UIGEA banking law, and you can claim enhanced betting bonuses and get access to same-day crypto payouts.
Plus, with the USD Coin blockchain, you can also rest assured that your financial data is doubly protected with regular site encryption and quantum-hacking-resistant open ledger technology.
We think so. While it’s not our first choice personally, we’ve been in the crypto game for years.
For first-timers and new bettors, however, it’s hard to beat the stability of the stable coin.
Eventually, as a gambler, you’ll probably want to try out other cryptos due to their growth potentials, but for starters, USD Coin is money in the bank.