Chico Poker Network moves BTC payments to USDT

Chico Poker Network poker rooms (BetOnline, TigerGaming, SportsBetting) announced their intent to move cryptocurrency payments from Bitcoin to Tether. For the moment, Bitcoin still works, but it can be suspended as a payment method anytime. This is justified as a way to protect against the high volatility of Bitcoin, replacing it with a stablecoin instead. Read the full article to know more.

Chico Poker Network moves BTC payments to USDT image

To assist mitigate the significant price fluctuations that BTC frequently experiences, BetOnline & Tigergaming declared that affiliate payments will soon only be made in Tether (USDT).

Regular users should anticipate that the move will affect them when the number of cryptocurrency options decreases over time and many other websites transition to using USDT ERC20 as the default currency.

Users of the site will continue to have access to a variety of cryptocurrencies for deposits and withdrawals for the time being.

Tether (USDT) is a stablecoin that is backed 1:1 by the US dollar. The most popular and trustworthy stablecoin on the market is Tether (USDT). BTC's daily volatility makes it possible for its market value to change at any time.

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BetOnline, together with Tiger Gaming and SportsBetting Poker, is one of the online poker rooms that are part of Chico Poker Network, a new favorite among professionals. It offers access to North American players (both US and Canada). On top of that, their network is significantly large, safe, and reliable, with many deposit and withdrawal options.
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Author:  Charles F Jr is a poker and crypto enthusiast who writes about online poker since 2020, also a translator for Portuguese & Spanish.