If this is the First time you’re hearing of True USD, you’re in for a true treat! What makes True USD unique to other top cryptocurrencies is that True USD is a stablecoin. Stablecoins are cryptocurrencies that are pegged to a commodity such as FIAT currency or Gold. Now gamblers around the world can enjoy the benefits of playing with True USD at some of the top crypto and True USD casinos the web has to offer!
True USD was first founded in 2018 by a company named TrustToken, part of True USD’s success is due to its transparency as well as stability. True USD is pegged to USD, this means that 1 True USD is equal to $1 USD. This value is fully backed by collateral held in escrow by multiple third-party trust companies, these companies are banks and fiduciaries that TrustToken has partnered with, these institutions hold the assets that back the True USD Tokens. True USD has settled it’s headquarters in San Francisco, California, USA. True USD has been labeled as the world’s first legally backed stablecoin, this has gathered a great amount of attention for both investors and gamblers alike due to its far less volatile nature as opposed to other top cryptocurrencies.
What is True USD Coin?
True USD is the next step in cryptocurrency, paying for day-to-day expenses with cryptocurrencies can become a rather tricky experience. Due to their volatile nature, traditional cryptocurrencies hold less functionality than stablecoins. This is because you cannot expect to buy a coffee with Bitcoin when its value changes by the hour. This is where True USD comes in, True USD’s value is pegged to USD, which makes True USD far less volatile than most cryptocurrencies. Additionally, True USD uses several escrow accounts to lower counterparty risk and provide holders with legal protection against theft. This together has made True USD a great option for those looking to enter crypto markets without buying into the more risky and volatile cryptos first! Currently, the value of 1 True USD Token is $0.9999, it’s the market cap is $1,486,053,691, and has a total circulating supply of 1.49 Billion True USD Tokens.
Benefits Of True USD Coin Gambling
One of the main concerns when it comes to not only investing in cryptocurrencies but also playing with them is the volatile nature of these cryptocurrencies. The value of most cryptocurrencies changes drastically by the day, this makes the general use of cryptocurrencies less logical as the price of the common goods or services you buy would be very inconsistent. Here True USD has made its claim to the market, True USD is fully backed by a FIAT currency, which is US Dollar $.
This has major benefits over traditional cryptocurrencies like Bitcoin or Ethereum, this is because True USD holds far more general functionality due to its stability. Meaning buying common goods or services such as playing at an online casino is far less detrimental as the value of the Token is not constantly changing. True USD is also one of the only stablecoins that can commit real-time audits. This further develops trust in the coin as there is transparency added to the stable nature of the Token.
- Stable: Due to the fact that True USD is pegged 1:1 to USD it makes it far more stable than other major cryptocurrencies like Bitcoin, Ethereum or Litecoin. The reason for this stability is also due to True USD’s assets being held as collateral in escrow by several third-party trust institutions. This provides assurance to inventors in the value of True USD on a long-term basis. Additionally with stablecoins, specifically for True USD, each new coin that is minted or created in the market, 1$ USD will have to be added to the assets in escrow in order to ensure the value of the Token is maintained.
- Safe: True USD has been labeled as the very first legally backed stablecoin, as mentioned this is due to True USD’s assets being held as collateral by third-party trust institutions. Not only is the value of the coin trusted due to its legal affiliation, but True USD is also so far the only stable coin that can offer real-time audits. This allows further confidence from investors within the coin as everything is fully transparent.
- Scalable: True USD is currently listed on both the Ethereum and Binance blockchains however, it has been announced that True USD will also be added natively to more blockchains within the near future. This means that though it was first listed on the Ethereum blockchain which can show rather high gas fees, True USD is in the process of moving to additional blockchains in order to add scalability solutions and combat the high gas fees associated with the Ethereum blockchain.
Best True USD Casinos
- BC.Game True USD Casino
BC.Game casino was founded in 2017 and is fully licensed by Curacao eGaming Authorities. BC.Game provides an array of 2700+ casino games including slots, table games, live casino, and 25+ provably fair in-house games. These games are brought to players by some of the top providers in the industry such as NetEnt, Evolution Gaming, and BetSoft. BC.Game features unique and interactive bonuses. Get a 240% Match Bonus up to $ 400 + 1 Free Luck Spin on your 4th deposit, with BC.Game deposit bonus! Players can engage in BC.Game’s live chat to amass Rain bonuses or players can even gather Task bonuses by completing chores on the BC.Game site, such as completing 2FA.
- FortuneJack True USD Casino
FortuneJack has been labeled as one of the first online casinos in the industry, this is quite the title. FortuneJack was first launched in 2014, FortuneJack is also fully licensed by Curacao eGaming Authorities. FortuneJack hosts a multitude of features from virtual games, live casinos games, sports betting options, all the way to binary trading options! Some of the popular games from FortuneJack are brought to players by well-known vendors in the industry such as Microgaming, NetEnt, Pragmatic Play, Betsoft, and iSoftBet. FortuneJack also features a provably fair gaming section, that offers fair games with amazing house-edges. At FortuneJack casino players are offered some truly enticing bonuses, the first bonus being a reward of 25 Free Spins for simply registering an account on the site.
- 1xBit True USD Casino
1xBit was established in 2016 so it is a more reputable online casino. 1xBit is a sports betting-focused website, however, don’t let that sway you. 1xBit has an extensive list of casino games which consists of slot games, table games, and of course live dealer games. With thousands of different slots, many different table games, live dealer games, and in terms of the sports betting section, 1xBit also has solid odds against other casinos and sportsbooks. 1xBit also offers features such as their cash-out option where players may pull their winnings out of a sporting event early. New players at 1xBit may receive an enticing welcome bonus, the first deposit will have a match bonus of 100%, up to a max bonus of 1 BTC!
- BitStarz True USD Casino
BitStarz was first founded in 2014, making it one of the longer-standing online casinos within the industry, BitStarz is owned by DAMA N.V. and is licensed by the Curacao eGaming Authorities. The fact that BitStarz has been in operation for so many years is impressive in itself, however, BitStarz seeks to further impress by adding a variety of over 4000 different table games, slot games, and live dealer games of the highest quality. Here players are truly offered one of the widest selections of high-class casino games. At BitStarz casino you can find your usual welcome deposit bonus which is more than satisfying, but BitStarz more interestingly offers players up to 20 free spins just for creating an account on their website!
- 7Bit True USD Casino
7Bit casino is another casino that has seen its fair share of the industry, established in 2014, 7Bit Casino is owned and operated by Direx N.V which is licensed by Curacao eGaming Authorities. 7Bit casino offers its players an outstanding number of modern and up-to-date online casino games including an instant play platform that is available on almost every device. New players signing up to 7Bit casino may make a minimum deposit of 2.5 mBTC/$20 receive a bonus of 200 Free Spins! In addition, new players will also be given 15% cashback. 7Bit casino not only makes True USD available for play at their casino, however they also host a wide selection of Alt-coins and other top cryptocurrencies. Here players may enjoy payment methods which include Neteller and Skrill, two of the most popular wallets in the online casino industry.
Best Games For True USD Casinos
True USD is a fantastic option to play casino games with, this is due to its fast processing times, as well as its high functionality. Players no longer have to be considered about depositing or withdrawing to and from their casino accounts at the perfect time to maximize their crypto at a casino. Now players have been assured the stability of a cryptocurrency, therefore, making playing games with sed currency far less stressful and more enjoyable as the value of your winnings or depositing is not constantly fluctuating. Now that we’ve cleared that out the way, let’s get into the best game True USD casinos offer!
Slots: Slot games can be dated as far back as the 19th century and is possibly the most simple game one may encounter at an online casino. The game is extremely luck orientated in that you press a button to make the symbols on the same reel appear on the machine, and the symbols on the reel will determine the prize you win. Slots used in casinos have a random number generator, these generators make random symbols appear on the reel. The fact there is little to no strategy with online slots, and that players are presented with a variety of slots that have great sound effects and designs as well as some amazing unique features together making slot games extremely popular.
Blackjack: Blackjack is one of the oldest and most famous card games in history, it can be dated as far back as the 18th century. Blackjack is easy to learn in that players simply have to reach the value of 21 and they win. In Blackjack, all cards from 2 to 10 have their face value, but Jacks, Queens, and Kings are valued 10, Aces count either as 1 or 11. The trick to Blackjack is beating the dealer by not going over the value of 21, but also by having a value higher than the dealer’s cards. If you go over 21, you have bust and you lose the bet. Players can either hit, split only if two cards that are dealt are the same value, or surrender.
Roulette: Roulette can be dated as far back as the 18th century and can easily be considered the most popular game at any casino. Roulette is also heavily based on luck, players may place bets on a specific number, or a group of numbers, each number is assigned a certain color, and can be either black or red. Once all bets have been placed, the croupier will spin the Roulette wheel and throw a small ball into the wheel in the opposite direction that the wheel is spinning. Players will only know if they have won once the wheel and the ball have finally stopped. If the ball has landed on the number the player had bet on, the player will then win!
Baccarat: Baccarat has become an extremely popular game amongst online casino players, however, it can be rather complicated at first. In Baccarat the dealer is called the “bank” and the player is called the “player”. Both player and banker are dealt two cards each hand, if the values of the cards that are first dealt are over 9 it is baccarat and more cards will be dealt. If the player or the banker has drawn a value of nine between the two cards when they are first dealt a hand, they will win! All cards are worth their face value. Players may place bets on whether the banker will win or if they will win, if the person you have placed a bet on reaches the highest score you win.
Dice: It is believed that Dice or Craps was first created by Roman soldiers when they had used pig knucklebones and their armor shields as a table. This is game is fairly straightforward, choose the amount of your bet and place a bet between 1 and 100, whilst also trying to guess if the outcome will be higher or lower than the estimated value. Dice is a very simple and easy to learn game that can also offer many variations allowing for any player to find the perfect option for their specific needs.
True USD Free Spins
Though many of the casinos listed may not offer Free Spins bonuses alone, BC.Game casino more than makes up for this in one shot. If you are a slot lover, BC.Game will provide you with 1 Free Spin upon the creation of a new account as well as 1 Free Spin on their Luck Spin Wheel Daily! The Luck Spin Wheel awards players with randomized prizes, players are able to earn up to 1 BTC, 0.15 ETH, 5 XRP, 25 USDT, and of course True USD!