Tether (USDT) has become one of the most popular payment methods at Australian online casinos in 2025. As a stablecoin pegged to the US dollar, USDT protects your bankroll from cryptocurrency volatility that affects Bitcoin and Ethereum.
| Name | Tether (USDT) |
| Issuer | Tether Limited (a subsidiary of iFinex Inc., which also owns Bitfinex) |
| Type | Fiat-backed stablecoin |
| Deposit/withdrawal speed | Instant/minutes |
| Transaction Fees | Vary by network |
In the simplest words, Tether is the crypto-equivalent of the US dollar. The digital currency is a stablecoin, so its value is based on assets. In this instance, the value is supported by the fiat US dollar. The ideal exchange rate is one Tether token (1 USDT) for one US dollar (1 USD).
Tether Limited Inc, an affiliate of Hong Kong-based iFinex Inc, launched Tether in 2014. iFinex also owns the cryptocurrency exchange Bitfinex.
Its creation sought to protect traders from the ever-fluctuating and volatile crypto market. Transactions are faster and safer, and there are fewer risks when trading. You can buy and sell your USDT on exchanges like Binance, HitBTC, and OKEx.
Over the years, online merchants, including AU casinos, have been accepting payments in USDT. This has grown steadily, and now we have dozens of Tether casinos in Australia.
Any casino accepting Tether tokens (USDT) as a payment method qualifies as a Tether casino. While they don’t need to be USDT-exclusive, Tether must rank among their main payment options. In Australia, such casinos include Quickwin, Monsterwin, and Joker8 Casino.
Australian players prefer Tether casinos for obvious reasons – you can withdraw winnings without losing value to price fluctuations. Plus, USDT’s stable peg to the US dollar means minimal forex charges when converting your funds.
The gaming variety at USDT casinos is impressive, too. You’ll find extensive card games, roulette variants, and slot collections. Live dealer options cover blackjack, video poker, and other table games with real-time streaming.
Safety remains the biggest concern with online gambling since the internet’s packed with fraudsters targeting innocent players.
Tether tokens are built on the Bitcoin Omni Layer Protocol and the Ethereum smart contract model. What this means is that all transactions are encrypted and cannot be altered. So when transacting, your funds go where you direct them.
USDT gambling sites also take precautions to ensure transactions are vetted before initiating them. Collaborations with banks confirm the identities of the transaction beneficiary, unmasking fraudsters. Following this, always provide your true identity to avoid delays in withdrawals.
Accepting USDT and other crypto deposits
Licensed by Anjouan Gaming, Quickwin is a USDT casino that accepts Aussie players. It’s available in over 25 languages, including Australian English.
The operator accepts 3 USDT versions: ERC‑20, TRC‑20, and BEP‑20. You can use any for deposits and withdrawals.
The minimum deposit amount is AUD 20, and the maximum is AUD 8940 per transaction. As for withdrawals, the minimum is AUD 55. Like deposits, the highest payout amount is AUD 8940 per transaction.
With a Tether deposit, you can play 10,000+ games. Top categories include jackpots, instant games, slots, and table games.
There’s also a live dealer section with over 10 subdivisions. They include game shows, international tables, and gold saloon.
All titles are mobile-compatible. You can play them via any browser or install the casino’s progressive web app.
New players using Tether are eligible for a welcome bonus. It’s a one-time offer with reasonable wagering requirements.
Meanwhile, returning players can claim reload bonuses, which may include cashback and free spins. There’s also a 5-tier VIP program that ranges from Beginner to Champion, with exclusive perks
If you need help with Tether transactions or anything else, check the casino’s FAQs page. Alternatively, you can contact customer support via email ([email protected]) and live chat.
Online since: 2023
License: N/A
Website: quickwin3.com/au/
Dedicated Australian version
Players from United Kingdom accepted.
Monaco is a small state well-known for its luxurious status. From the name, you can tell the inspiration for this USDT gambling site came from this city.
Operated by NovaForge Ltd., Wonaco is an Anjouan-licensed gambling platform. It runs in 20 languages, including Australian English.
There are over 15 banking options to choose from, including Tether. This payment method comes in 3 versions: TRC20, ERC20, and BEP20.
The minimum deposit amount for all USDT variants is AUD 20. Meanwhile, the maximum amount is AUD 8935 per transaction. This maximum limit also applies to withdrawals.
Game categories include pokies, hot jackpots, instant games, and table games. A live dealer games section is also available with over 700 classic titles such as baccarat, poker, and blackjack.
All 12,500+ games are mobile-friendly. You can play them via any popular browser or the casino’s progressive web app.
Away from games, the casino features generous offers for new and returning players. Loyal USDT players can also take part in weekly tournaments and join the casino’s VIP program.
Check the FAQs page if you have any queries. Alternatively, you can contact customer support via email or live chat.
Online since: 2024
License: Anjouan Offshore Finance Authority
Website: wonaco.com/au/
Lots of games
Good bonuses
Sportsbook
Players from United Kingdom accepted.
Founded in 2024, Wildsino is a Wild West-themed USDT online casino. It operates with a valid permit from Anjouan Gaming.
This gambling platform is available in over 25 languages, including Australian English. So, navigation and browsing shouldn’t be a problem.
The payments section is region-based. Australian players can choose from 15+ banking options, including USDT.
The minimum amount you can deposit with Tether is AUD 40, and the maximum is AUD 8935. These limits apply per transaction.
When it comes to withdrawals, the lowest deposit amount is AUD 55. Meanwhile, the highest is AUD 8935 for each transaction.
The operator processes Tether deposits instantly. Withdrawals take less than 3 business days.
With USDT deposits, you can play 11,300+ pokies, 200+ hot jackpots, and 60+ game shows. Classic live dealer titles such as blackjack, roulette, baccarat, and poker are also available.
Most games, especially slots, are available for free play. All you have to do is press a title’s thumbnail and tap ‘Demo’. You don’t have to log in to play for free, and you can play for as long as you wish.
To boost your USDT deposits, the operator offers worthwhile bonuses for new and returning players. These include a welcome package, free spins, cashback, and a VIP program.
Online since: 2025
License: Anjouan Offshore Finance Authority
Website: wildsino.com
Dedicated Australian version with support for AU$
Loads and loads of great pokies
Fantastic welcome package
Players from United Kingdom accepted.
From the name, you can be sure of girly vibes at Divaspin. This 2019-founded gambling site is available in 20+ languages, including Australian English.
The casino has a user-friendly progressive web application. It functions smoothly on Android and iOS devices.
The minimum amount you can deposit with Tether is AUD 40. Meanwhile, the maximum is AUD 8940.
As for withdrawals, the minimum is AUD 55. Like deposits, you can only withdraw a maximum of AUD 8940 per transaction.
Getting started at Divaspin is pretty straightforward. Registration is a 2-step process that takes less than 2 minutes to complete. No verification is required.
Over 120 software providers power the games section. They’ve powered up over 12,500 games, including pokies, which take the largest share of the games library.
There’s a live dealer games section with classics such as roulette, blackjack, and poker. You can also play popular game shows such as Crazy Time and Mega Wheel.
If you’re a new player, you can boost your USDT deposit with a sizable welcome bonus. Returning players are eligible for reload offers.
Customer support is available 24/7 via email ([email protected]) and live chat. We recommend the live chat function for near-instant feedback.
Online since: 2025
License: Anjouan Offshore Finance Authority
Website: divaspin.com
Fully licensed
Generous welcome package with a high percentage match
Competitive weekly cashback
Excellent tournament selection
230+ live dealer games
Players from United Kingdom accepted.
Launched in 2025, Monsterwin is a new online casino accepting USDT. It’s available in over 25 languages, including Australian English.
The lowest amount you can deposit at this adventure-themed casino is AUD 20. Meanwhile, the highest is AUD 8940 per transaction.
Like deposits, the maximum amount you can withdraw is AUD 8940. Meanwhile, the minimum is AUD 55.
The finance team processes deposits instantly. Withdrawals are pretty fast too, taking less than 72 hours.
The games department comprises 10,900+ pokies, 180+ instant games, and 440+ megaways titles. With a USDT deposit, you can also play over 780 live dealer games for real money.
A progressive web application is available. You don’t have to install it, though, if you’re not into apps. Any popular browser, including Chrome and Safari, will get the job done.
Tether players are eligible for a welcome bonus and reload offers. There’s also a VIP club with generous perks across all levels.
If you need help, customer care reps are available 24/7. We tried the live chat function and we were served promptly by Jeff, a professional representative.
Online since: 2025
License: Costa Rica
Website: monsterwin.com
Massive selection of 4,000+ casino games
Impressive live dealer section with 400+ tables
Competitive weekly cashback of up to 15%
Excellent tournament variety with substantial prize pools
Comprehensive banking options including cryptocurrencies
Players from United Kingdom accepted.
As the name implies, Joker8 is a Joker-themed USDT casino in Australia. It has an active license from Anjouan Gaming.
Tether is among the 15+ banking options you can use for deposits and withdrawals. The minimum deposit amount is AUD 20, and the maximum is AUD 8945.
When it comes to payouts, the lowest withdrawal amount is AUD 55. This is low compared to some cryptocurrencies like BTC and Litecoin.
Navigating the games section is simple thanks to several game categories. They include cabaret night, jackpots, megaways, and instant games.
There’s also a live dealer section. It features top classics such as baccarat, roulette, and poker.
All titles are mobile-compatible. You can play them for free or for real money on your iOS or Android device.
All Tether players are eligible for the casino’s bonuses. New players, for example, can claim a first deposit bonus. We went through the terms and conditions; they’re pretty reasonable.
The operator also features weekly tournaments that Aussie USDT players can take part in. They come with sizable prize pools.
If you get stuck, contact customer care reps. They respond almost immediately, especially via live chat. You can also use email ([email protected]).
Online since: 2023
License: Curacao
Website: joker8.com/au/
Loads and LOADS of bonuses!
Great selection of games
Very involved VIP program
Players from United Kingdom accepted.
When selecting a Tether online casino in Australia, there are a few factors to consider. These include:
Time needed
00:10
Tools needed
Smartphone
Software needed
Web browser
Licensing
Is the Tether casino licensed? If so, is the license still valid? A legitimate USDT casino should be licensed by reputable bodies. Tether casinos do list this on their websites for transparency. You should check that they have a license and that it’s still valid.
Payment methods available
Your chosen online casino must have Tether as a payment option. Check on their payment method page to see which options are on offer. Due diligence saves you from sites known to swindle winnings from their players. Also, ensure you check more than one Tether casino to compare benefits.
Fees eat into your winnings and deposit balances. Ensure that your Tether casino option has minimal fees on withdrawals. This ensures you get more of your winnings into your Tether wallet.
Security of the online casino
Most Australian Tether casinos have state-of-the-art security systems. They shield your personal info and winnings from fraudsters. Your login information and KYC details are vaulted to shut out leaks. A good Tether casino will be thorough in keeping your details and account secure.
Online reviews
Research online to check what other users say about the Tether casino. Honest feedback from real users helps to determine which casino is best. After all, you can’t expect a casino to serve you any better than it served its previous customers.
Available games and platform usability
Your selection of a Tether casino should have popular games, but most importantly, it should have all your favourites. Make sure to check that. Further, the platform should be easy to use and responsive for the best gaming experience.
Customer support
A trusted online Tether casino should have round-the-clock support for its players. This is beneficial to fast-track registration, deposit, or withdrawal problems. Active support will ensure that players are always comfortable when using the platform.
Casino bonuses and promotions
Different USDT casinos have differing bonuses. Check which brand has the best promotions, but above all, make sure the terms are in your favour. You don’t want to struggle in meeting the wagering requirements.
Good Payout Time
Super Fast Payout Time
Welcome bonus
100% Match up to AU$2,500 + 50 Free Spins
18+ | T&C applies
Fast Payout Time
Making a Tether casino deposit is easy. The process is similar to doing so using any other cryptocurrency. The only difference is the payment method, which is Tether in this case. Follow these simple steps to successfully open a Tether casino account and make a deposit:
Your casino selection has to be informed by whether they accept Tether. A suitable Tether casino will, of course, accept USDT as a currency and also accept players in Australia.
Fortunately, most casinos have collaborations with popular wallets and exchanges. Players will only have to join the two and start playing for real money. You can also add a wallet to your casino account, provided it’s accepted.
Connect your Tether wallet with the online casino account to play. You do this by signing up for a casino account and setting up the Tether wallet of your choice.
Normally, you’ll fill out a KYC document and then integrate your Tether wallet. The process takes minutes and you can play after successful verification.
Load your Tether wallet with enough USDT to meet the casino’s minimum deposit requirement. This makes the fund transfer easier and faster. If you have no or little balance, buy more USDT from an exchange.
From the casino’s cashier section, choose Tether as your deposit method. After that, enter the coins you want to transfer and your network identifier. Confirm the transfer and, once the amount reflects in your casino wallet, you can start gambling.
Table of contents
Tether, as a stablecoin, isn’t affected by blockchain fluctuations like Bitcoin, which can fluctuate with rates of 10%-20% daily. Its value is pegged to the USD, one of the strongest currencies globally. So, your Tether tokens are as valuable as the US dollar.
Another benefit of using Tether is its security. USDT exists on multiple blockchain networks. Your tokens benefit from the secure nature of individual blockchains.
Each Tether token is protected by the Omni Layer Protocol on the Bitcoin blockchain. Your tokens also benefit from the highly encrypted Ethereum smart contracts. The integration secures all transactions from fraud.
As mentioned, Tether shields your winnings from crypto market volatility. However, it does not protect against inflation in the US dollar itself. What it can do is reduce exposure to foreign exchange swings if your local currency is weaker than USD.
And did we mention how easy it is to get Tether tokens?
Tether has been in circulation since 2014. It can be bought in major crypto exchanges such as Binance and Kraken. All you need is an active crypto wallet that supports Tether.
Tether tokens can be purchased in three steps:
While Tether isn’t as volatile as other cryptos, you could lose money. That said, it still is one of the safest cryptocurrencies today.
We’ve been talking about Tether wallets, but what are they? A Tether wallet is storage for your Tether tokens. It’s high-grade software provided to keep your USDT safe and allow withdrawals as needed.
You can access the software to use your USDT using encrypted keys. The public key functions as your account number while the private key is like a password to allow access to your Tether wallet.
You should never share your private key to avoid hacking. While the wallet is highly secure, sharing a private key exposes it to harm.
But how do you get a Tether wallet? Just register with a provider and that’s it.
Tether wallets can be classified into two groups.
Popular Tether wallets include the following:
You need to look at a few factors in your selection of a Tether wallet. Your chosen wallet should function in your favour. What do we mean?
Different wallets have varying fees, and this plays into your selection. Choose a wallet with affordable fees on fiat deposits and withdrawals. Wallets with cheap transaction fees also play a part.
Security is big with online wallets. Do due diligence on the history of the wallet provider. It’s safe to be careful and avoid online hype on controversial wallets.
Some wallets support multi-currency Tether variations. They allow you to swap USDT for other currencies easily. You can also consider that if it interests you.
Buying Tether in Australia is dead simple and takes maybe ten minutes if you know what you’re doing. You can grab USDT through popular Aussie crypto exchanges mentioned above. These platforms accept AUD deposits via bank transfer or POLi payments.
Next, create an account with your chosen exchange and complete the ID verification step. This usually takes about 24 hours, though some providers process it instantly if you’re lucky.
After that, deposit your Australian dollars using whatever method works best. Once your funds hit the exchange, navigate to the USDT trading section and swap your AUD for Tether tokens. Most exchanges charge between 0.1% to 1% per transaction, which is reasonable.
Binance and Kraken also welcome Australian players and offer competitive rates if you’re trading larger amounts.
After purchasing USDT, transfer it to your personal wallet for safekeeping. From there, you can deposit directly to Tether casinos like Wildcoins, Skycrown, or 1red within minutes.
Tether casinos are high in security and convenience. They pack state-of-the-art technology available today so they are more secure and convenient.
Unlike traditional casinos, Tether casinos safeguard your winnings with high-level cryptography. This means only you can initiate the transfer of funds.
The encryption shields transactions actuated on the network. Only you can access the funds using specialised private keys. With this, fraudsters cannot access your details, nor that of any transaction. USDT casinos also comply with recommended global security systems for fraud protection.
Some gambling regulators are yet to accept Tether casinos. However, Curacao has fully accepted and licensed them. This licensing means you can confidently gamble on Tether gambling sites.
However, not all casinos are safe, as you may think. Our list of recommended casinos has been vetted and they’re secure. Play in these casinos and get paid to your Tether wallet.
What’s more, these casinos have irresistible bonuses for new players.
Talking of bonuses…
Bonuses are one of the makers of casinos’ popularity in Australia. But do Tether casinos have them? Below are three common bonuses Aussies can land in Tether casinos:
Tether casinos award new sign-ups with welcome bonuses. You can receive up to 100% of your first deposit.
Let’s assume you deposit 100 USDT from your Tether wallet. Your casino account will receive an additional 100 Tether tokens. In effect, your bankroll will read 200 USDT.
Welcome bonuses come attached with many wagering requirements. For instance, you may be required to wager the bonus amount up to 30 times.
High wagering requirements on new players’ bonuses make this reward unattractive. All the same, the reward helps you increase your bankroll.
The casinos also run campaigns to market themselves by giving free play time. This method is popular with slot games where players get extra spins.
A promotional bonus is popular among existing players as an incentive to play more. Tether casinos award free spins with deposits. For example, you may qualify for 50 spins on select slots after you deposit a certain minimum amount.
Unfortunately, promotions on table games are rare. This is because most card game players are high rollers. For a poker fan, free spins may not be the best gift after all. Nonetheless, casinos are different and you might find one with promotions usable on table games.
Specialised bonuses are reserved for high rollers. These include poker, baccarat and blackjack players who spend more gambling.
Tether casinos offer VIP bonuses in several ways. One is through a reward system, where gamblers earn points on spending, say a point for each 10 USDT.
This system creates loyalty in gamblers as they chase reward points. Players can redeem these points for more bankroll in the casino.
Another common high roller bonus is deposit matching or a percentage of it. A player may get 10% of their spending, which translates to 10 USDT for every 100 USDT deposit.
Table of contents
Often, you’ll find casinos with a dedicated section of crypto games. What are these games? Are they different from the others? We’ll tell you; they are like other games only that you can wager on them using cryptocurrencies like Tether.
Australian gamblers have a wide range of casino games in Tether casinos. You can access these games right on your computer or mobile.
Some of the games to expect include:
This casino game involves spinning a ball on a wheel to land on a winning number. The player chooses a number between 0 and 37 or 38. They win if the dice falls on the selected number.
There are two popular types of roulette wheels. One is the European wheel, which has numbers 0-37 and has the highest winning odds. The second one is the American wheel,l which has numbers 0-38 and two zeros.
In roulette, a player has one in 37 chances to win, making it a game of luck, not skill.
Baccarat was first played in the 9th century in France. Since then, it has gained popularity in many traditional and Tether casinos.
A player and a baker face off and the higher score wins. It’s simple and requires not much knowledge of the game. Actually, this is the easiest to play of all card games.
Australian Tether casinos offer several variations of Baccarat:
Tip: Casinos charge up to 5% commission on winnings to guarantee their profits.
One of the most popular games in any casino is Blackjack. It gained popularity in the 1700s in France, just like baccarat. Since then, it has evolved to be played online in Tether casinos.
Here, the player aims to beat the dealer without going beyond the 21 blackjack score. You have to prompt in when playing as the rules go. This mainly is to avoid card counting, common with many blackjack players.
Unfortunately, card counting is close to impossible in Tether casinos. The casinos use an automated shuffler with a 52-card deck or shoe. This also makes sure that a player has 5% to hit Blackjack.
William Red introduced video poker in 1970. Like traditional poker, you face off with other players until someone attains the winning hand.
Tether casinos allow you to face off against a computerised player. You can also choose to gamble with other players online.
All players decide on the winning hand before the game, and the rules to follow. The game is pretty lax, and your skill takes the day. The more skilled you are, the better your chances of winning.
Slots are the most common and popular casino games online. That’s why USDT casinos in Australia have loads of them.
Aussies can choose between progressive jackpot slots, video slots, or classic slots. Your wins are mainly based on luck. What to check is the slot RTP, which gives you a better chance of winning.
Today, game developers continue to create new products for online casinos. Tether casinos stock these games to give you more gambling options. Such newer
Tether casino games are:
As mentioned, Tether (USDT) is one of the first stablecoins. It debuted in 2014, founded by Brock Pierce, Reeve Collins, and Craig Sellars.
The goal of this digital coin was to provide a cryptocurrency pegged to the U.S. dollar. This would reduce exposure to the extreme volatility of coins like Bitcoin.
Despite its popularity, Tether’s journey has been controversial. Regulators have repeatedly questioned whether USDT is fully backed by reserves.
In 2021, the U.S. Commodity Futures Trading Commission fined Tether $41 million. The reason was that there were misleading statements about its reserves. Meanwhile, Bitfinex, a crypto exchange, faced separate penalties for violating US trading rules.
USDT has occasionally deviated from its $1 peg during market stress. For example, it dipped to around $0.90 in 2015 and spiked above $1.05 in other periods.
However, these fluctuations are usually short-lived. Remarkably, the token has remained close to $1 for most of its history.
Tether has expanded beyond USD-pegged tokens. It has launched stablecoins tied to other currencies. These include the euro (EUR₮), Chinese yuan (CNH₮), and Mexican peso (MXN₮) in 2022.
Adoption of these variants is growing. However, USD₮ remains the dominant stablecoin worldwide.
Today, Tether is the largest stablecoin by market capitalisation. It’s backed primarily by U.S. Treasuries and other assets.
The stability and liquidity of this digital coin make it widely used across industries, including online gambling. As an Australian player, you can be sure of predictable conversions to fiat currency.
Table of contents
Tether casinos are some of the cheapest casinos for Australian gamblers. They use a blockchain model and are therefore cheaper. Here are some of the costs you can expect in USDT AU casinos:
Deposit fees
Most Tether deposits are free. However, don’t assume that there are no fees unless it’s indicated by the casino. You can check for fees on deposits on the casino’s payment page.
Note that Tether itself does not charge deposit fees. Costs depend on the exchange or casino you use, and blockchain network fees vary by chain. For example, Ethereum gas fees can be high, while Tron fees are usually minimal.
Withdrawal fees
Withdrawals in Tether casinos vary according to the individual casino fees. You can access this information on casino withdrawal charges on their website. Mainly, this will be equated to a percentage of your withdrawal amount.
Another thing to note is the required minimum and maximum withdrawal amounts. The amount has to cover both the casino fee and the minimum limit. Lack of either will result in a failed withdrawal attempt.
When withdrawing USDT to fiat, fees are set by the casino or exchange, not by Tether. You may also pay blockchain transaction fees, which differ depending on the network used.
Exchange rates vary across Tether casinos. The variation makes it difficult to note the cheaper casino. This is especially true if you’re purchasing Tether tokens with a local unsupported currency.
This would mean you have to buy a currency accepted by USDT, like the US dollar. Transaction costs and the value of your local currency affect your bank balance.
It, therefore, goes that you need a better understanding of all fees payable. You can then decide with ease which Tether casino favours you. A good point is to visit each casino’s payment page to get an idea of their rates.
Notably, there is no universal markup rate. Each casino or exchange sets its own transaction fees, which may be flat or percentage-based.
Since its inception, Tether has had its fair share of valuation fluctuations. Although still a stablecoin, its pricing hasn’t always been stable.
In theory, the value of USDT is capped at 1:1 to the US dollar. So, what would lead to this valuation change?
Let’s look at some factors that cause the Tether token price fluctuation:
Using Tether for gambling doesn’t mean avoiding taxes. In reality, the Australian Taxation Office (ATO) treats crypto gambling winnings much the same way as fiat winnings. The rules can even be more complex than many expect.
Any winnings earned in USDT are considered assessable income. We’re talking about winnings from casino play, sports betting, or other forms of gambling.
Even if the casino is offshore, ATO requires Australian residents to declare their earnings. The anonymity of crypto does not exempt players from taxation. In fact, exchanges and wallets often report activity, and blockchain transactions are transparent by design.
Beyond winnings, the way you handle your USDT can also trigger tax events. For example, converting USDT back into Australian dollars is classified as a disposal event under tax law. The same applies when swapping it for another cryptocurrency or even using it to place bets.
Now, let’s say the value of USDT changes between the time you win and the time you cash out. That difference may be subject to capital gains tax. For example, if you win 1,000 USDT and its AUD value rises before you withdraw, the increase is taxable.
Because USDT is pegged to the U.S. dollar, you must calculate the AUD equivalent at the time of each transaction. This makes accurate record-keeping essential.
The ATO expects players to keep detailed logs of deposits, withdrawals, conversions, and even bonuses received in USDT. Without proper records, it becomes difficult to prove compliance, and penalties can apply.
For casual players, the tax impact may be minimal. However, regular players or those dealing with large sums need to consult a tax professional. Using crypto tax software can also help automate AUD conversions and reporting, reducing the risk of mistakes.
In short, gambling with USDT in Australia is not tax-free. The stability of the coin may protect you from crypto volatility, but it does not shield you from the obligations of the tax system.
As a responsible player, you should treat USDT winnings just like fiat earnings. That means declaring them, keeping records, and staying compliant with the law.
Pros
Cons
| Tether (USDT) | Traditional Payment Methods |
| Operates on the blockchain | Fiat currency |
| Secured with Bitcoin Omni Protocol Layer and Ethereum smart contracts | Prone to fraud and tracking |
| Fast payments because of reduced processing times. | Slowed payments due to bank bureaucracy and paperwork |
| USDT stablecoin protects its value. It’s pegged on the US dollar value. | Currencies suffer from inflation and foreign exchange rates. |
If you don’t like Tether, you can use Bitcoin, Ethereum or Dogecoin. Here’s how they compare:
| Crypto name | Year of creation | Highest High | Highest low |
| Bitcoin | 2009 | 189,151 AUD on October 6, 2025 | 94.13 AUD on July 05, 2013 |
| Dogecoin | 2013 | 0.2135 AUD on September 13, 2025 | 0.00096 AUD on September 15, 2017 |
| Ethereum | 2015 | 7,424 AUD on August 22, 2025 | 8.42 AUD on December 6, 2016 |
Choosing between Tether and Bitcoin for online gambling comes down to your risk tolerance and what you prioritise. Tether offers price stability since one USDT always equals roughly one US dollar. Your 100 USDT deposit today stays 100 USDT when you withdraw tomorrow, protecting your bankroll from wild value swings.
Bitcoin can fluctuate 10-20% daily, which creates uncertainty. If you deposit 0.01 BTC worth AU$500 today, it might only be worth AU$450 next week – or potentially AU$550 if prices rise. This volatility makes bankroll management unpredictable.
Transaction speed differs significantly too. Tether on the Tron network processes in under two minutes with fees below 1 USDT. Bitcoin transactions take 10-60 minutes and incur fees of AU$2-20, depending on network congestion.
Both cryptocurrencies work at Australian-friendly casinos like Wildcoins, BetNinja, and Millioner Casino. For stable bankroll management and predictable winnings, Tether wins hands down. However, if you believe Bitcoin’s price will rise long-term, holding BTC winnings could potentially boost your profits beyond gambling gains.
Tether casinos are not only safe and legit. They have a large palette of games and thousands of slots. You can find live games also to stake in.
The casinos also have various bonuses for their new and return gamblers. Get awesome welcome and cashback bonuses on deposits and extra spins to use in slot games.
Paying via Tether adds the benefit of security in gambling. USDT allows players to enjoy the stability of stable coins. You also get the convenience of a currency operating on the blockchain.
Should you pay in Tether casino? Absolutely.
As an Aussie gambler, you can enjoy high bonuses and enrich your bankroll. Tether casinos also have low fees on deposits and withdrawals. You get more of your winnings than in traditional casinos.
At Casino Australia Online, we have lessened the load of selecting the best Tether casinos. All our recommendations are vetted for security and legitimacy. Play in one of them for greater chances of winning.
Happy gambling, and may the jackpot be yours!
Most Australian Tether casinos accept both TRC20 (Tron network) and ERC20 (Ethereum network) USDT. TRC20 is faster with lower fees (usually under 1 USDT), while ERC20 offers wider compatibility. Casinos like Wildcoins and Skycrown support both networks. Your choice will depend on what you want, but always check which network your casino accepts before sending USDT to avoid losing funds.
Yes, some casinos tailor promotions specifically for crypto users. They offer higher match percentages or exclusive free spins when depositing in USDT. However, wagering requirements can differ, so crypto bonuses aren’t always better, but just structured differently.
Most AU casinos automatically convert USDT into their base currency (often USD or EUR). If AUD isn’t supported, your balance will show in another currency, but you can still transact in USDT. This means your winnings aren’t exposed to AUD exchange rate swings until you cash out.
Some crypto casinos let you play anonymously with USDT. However, many licensed sites (like those under Curacao or Malta) require KYC checks for withdrawals above certain limits.
Yes, but very few casinos integrate DeFi-style features. This allows players to stake unused USDT balances for yield.
Yes, even if a casino accepts USDT, it must comply with Australia’s Interactive Gambling Act. Offshore casinos may operate in a grey area. However, you should know that local regulators don’t license crypto casinos directly.
Reputable USDT casinos like Wildsino and Wonaco offer deposit limits, loss limits, session time reminders, and self-exclusion options. You can set weekly deposit caps (e.g., 100 USDT per week) or temporarily block your account. Many casinos also provide links to support organizations like Gambling Help Online and Lifeline Australia for free counselling and assistance.
Amelia is huge fan of online casinos and Pokies. She was born in Sydney, Australia and spent last few years as an iGaming copywritter.
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