Direction for use
Direction for use
About USDT (Tether):
Launched in 2014, Tether (USDT) is one of the most popular stablecoins in terms of volume. Unlike other cryptocurrencies such as Bitcoin, whose price tends to fluctuate more unpredictably, Tether tries to hold its value around a specific asset. As a stablecoin, Tether is pegged or “tethered” to the US dollar, as the coin’s name suggests, in order to minimise price volatility.
Tether was created as a digital token that can be used across blockchains. As one of the pioneers of the stablecoin concept, Tether offers stablecoins tied to several different fiat currencies, including the US dollar (USDT), Euro (EURT), Mexican pesos (MXNT) and Chinese renminbi (CNHT), as well as gold (XAUT). This digital currency technology simplifies cross-border payments, as value isn’t necessarily lost in currency exchanges.
Tether tokens are digital stablecoin assets that are pegged to real-world currencies on a 1:1 basis. This is meant to reduce the volatility and, according to Tether, make their tokens a safer, more stable form of currency for individual traders and businesses, like crypto exchanges, wallets, and payment processors, to move value across markets. Tether tokens can also be used as a transaction currency on some platforms.
Tether tokens can be used as digital currency on many leading blockchains, including but not limited to: Algorand, Avalanche, Bitcoin Cash’s Simple Ledger Protocol (SLP), Ethereum, EOS, Liquid Network, Omni, Polygon, Tezos, Tron, Solana and Statemine.
You can go to any exchange that supports USDT, register an account first, then use (Coindcx, Coinbase, Wazirx, Buyucoin, Zebpay, Coinswitch, Binance).
The profit of this platform is open and transparent:
1. Transfers and electronic checks will be charged 1% of the amount as a handling fee
2. The unused funds deposited by members in the platform will be put into the market as financial funds for interest income
The platform allows you to withdraw the amount to any other account, you can do the following operations:
1. First you need to register your account
2. Click on account transfer to transfer funds and then withdraw
3. Or circle the funds you want to transfer, and send the exchange code to the other party.