What is Tether (USDT)?

in #tether4 years ago

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Tether operates on the blockchain connected to the cryptocurrency ERC-20 protocol (USDT). Tether (USDT) cryptocurrency was launched by Tether Limited in 2015.

Tether (USDT) is a stable coin that is the virtual version of the US dollar. Its value is always fixed as 1 USDT = 1 $. The company claims that for each Tether (USDT) coin available on the market, it has $ 1 in its safe.

Users can transfer their Tether (USDT) balances with the blockchain system and store them in virtual wallets suitable for the ERC-20 blockchain system.

What are the Advantages of Tether (USDT)?

Tether (USDT) real money-backed cryptocurrency is tied to the US dollar. The price is fixed and there is a dollar equivalent in the company's safe.
The ability to transfer real currency at low costs is one of its most important advantages. It was supported by Omni Layer, which is a separation in the Bitcoin blockchain system, but the transition to the ERC-20 system began when the Omni Layer blockchain network could not meet the desired.

It offers the opportunity to trade in dollars on crypto money exchanges.

How to Mining Tether (USDT) ?

Tether (USDT) cryptocurrency cannot be mined. It is released by the Tether company for $ 1 for each Tether.

How To Buy Tether (USDT)?

In Turkey, the Turkish lira Tether (USDT) Contrary to what is supposed to buy a quick and easy process. You can buy Tether (USDT) without any technical knowledge. You can easily buy Tether (USDT) in three steps on our Buy Tether (USDT) page.

Source: Bitlo.com