Overview

While TrueUSD works like the majority of other digital currencies, there are some unique aspects to it. As suggested by its name, it is backed up by the US dollar which allows easy redemption at all times. What is even more, TrueUSD is available on more than seventy exchanges across five continents which makes it a global player in the world of digital currencies. Furthermore, as a stablecoin, you can redeem one TrueUSD coin for one US dollar which means greater stability.

TrueUSD Online Casinos

Those who want to use TrueUSD for online gaming will need to purchase their TrueUSD coins and for this, they can use many different trust companies. Here, the player must pass a mandatory KYC/AML after that he or she can send funds in US dollars to a chosen trust company. Once the sent funds are verified by the company, the currency’s smart contract issues the specific TrustUSD to the player’s Ethereum address.

Banking

Potcoin online casinos have incorporated the perks of using blockchain technology to speed up transfers without inflating the costs. The deposit and speedy cash outs are a match made in heaven for players who want to gain access to their funds instantly. The best part is that there are no hidden fees to worry about.

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FAQ

Players first have to pass a verification check, then send the currency’s smart contract and their purchased TrustUSD coins to their Ethereum address after which their banks send their funds in US dollars.

The current fee to buy and redeem TrueUSD for US dollars is $75 or ten basis points on transactions of TrueUSD coins on an Ethereum wallet.

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