USD Tether

[EpicGord]

Stake currently don't have USDT as playing coin but I think it should be also an option to be play with.

We know that we can deposit USDT by exchanging to supported coins here but It should be separate playing coin.

Because it's value is close to USD and therefore it's more easy to keep track of your betting and therefore it's fun to play with and also USDT volume is close to BTC and therefore it will also increase player base of stake.

So what you guys think about this ?

 

[sproop]

this the good decision for stakers....

[Ali saher]

I think so many users talk about this before stake must interduce this type coin in stake. I think if this is possible for stake then they must add maybe in future stake add this type coin.

[Mahdirakib87]

A stable coin would be better. USDT is a stable coin and it's price remains almost same always. Many user discussed about it before. It's a crypto gambling site. But playing with the coins which price remains same always will be interesting. 

[Aiza824]

This would be a great coin to add on the list so players could get a pristine foresight on how much they have already been betting in terms of monetary value because some people has that problem where they no longer realize how much they are putting at stake until they convert their cryptos with "real coins".

[niki014]

nah there is so much better coins i would like to see but tether 
what about ada or eos i would like to gamble eos  or maybe some cheap coin in which we would bet million of coins to bet 50$  

[marcos225]

Yes it would be cool to have a solid amount to play with like I know when I'm playing with $1 rather than googling conversions I think it could work really well and instant transfer is a plus

[evet]

I would love to have this in here. I'm on the idea of having lots of option is better. Especially if they add a stable coin option to play with at stake. 

[wyj1306]

Certainly the addition of a Stablecoin here would be great, and as usdt is the most used and would be very welcome here, we have seen many people commenting on it, they have been asking for this currency for a long time, I hope that one day this happen here.

[sproop]

USD Tether is a stable currency..i like that.

[ultimate]

The original idea of Tether was great, a cryptocurrency that is 'backed' by the dollar. Investors loved Tether as it was a safe haven for storing profits. Really great one.

[algy]

usdt is also good to add because this coin is stable coin and the price will not go up and down significantly which can make players and owners experience losses due to having a large amount but the price goes down.

[Aiza824]

On 4/10/2020 at 5:13 AM, niki014 said:

nah there is so much better coins i would like to see but tether 
what about ada or eos i would like to gamble eos  or maybe some cheap coin in which we would bet million of coins to bet 50$  

The business is considering how popular a coin is and its potential as an investing asset. If Eddie would just toss tons of coins to use, not just the site would become too messy, it would also attract more people that might use the site for "laundering" purposes.

[Kariuki]

And I guess the reason why you are saying this is because USDT is a stable coin and can be used well when it comes to maintaining your balance perfect, bitcoin price is unpredictable and it becomes very difficult to hold long, so its important to really keep everything in perspective and keep on working as hard and realizing everything perfectly as we know

[Warchief]

Yeah that would really  helpful and guide insight to the crypto coins worth

[BidaManEris]

Your name reminds me of a mobile game but... meh... Going to your point, yes it would be great to have one here especially for those people who wants to grab a real image of a dollar being actually played around here.

[reebox]

It seems that the existing coins are sufficient because the most important thing is that there is an exchange feature so I can change BTC coins to doge or vice versa with other coins too, don't add too many coins that are not good.

[rstvv]

Interesting idea, stable coin will be good if added to stake. I agree with comment above me, dont add too many coins but this one is important, we can play like with USD and minimize price drop so much in exchange when we playing and hold coin in stake account.

[sahil777]

yeah we need tether now because of current scenario of world we dont know what is the future of crypto, so we need a stable coin at stake to store our money in better way and without of fear of crashing, that will be great to have a tether here.

[StackGod]

I can't believe that nobody mentioned that iFinex and USDT have pretty stringent anti-gambling regulations in place. That's likely the only reason why stablecoins like USDC and USDT haven't entered the gambling sphere in a mainstream fashion yet.

[EpicGord]

3 hours ago, StackGod said:

I can't believe that nobody mentioned that iFinex and USDT have pretty stringent anti-gambling regulations in place. That's likely the only reason why stablecoins like USDC and USDT haven't entered the gambling sphere in a mainstream fashion yet.

Thanks for pointing that out, I didnt know about about this. So this could be the reason for not using USDT in any gambling site despite having large amount of tether voulme.

[Aiza824]

 

16 hours ago, StackGod said:

I can't believe that nobody mentioned that iFinex and USDT have pretty stringent anti-gambling regulations in place. That's likely the only reason why stablecoins like USDC and USDT haven't entered the gambling sphere in a mainstream fashion yet.

While this is true in their rules, just like how some of our wallet providers impose restrictions against gambling, it is only a matter of time before this becomes bent because of lucrative profit that the gambling industry could promise them. Plus, there are other stablecoins out there that can be used such as PAX.