Posted In: Digital Currencies Posted On: 2021/04/24 08:56 AM Posted By: ituglobal
Understanding Tether (USDT)
Tether allows you to store, send and receive 1-to-1 pegged digital currency across exchanges, platforms, and wallets.
Tether is a blockchain-based cryptocurrency whose cryptocoins in circulation are backed by an equivalent amount of traditional fiat currencies, like the dollar, the euro, or the Japanese yen, which are held in a designated bank account. Tether tokens, the native tokens of the Tether network, trade under the USDT symbol.
Tether belongs to a breed of cryptocurrencies called stablecoins which aim to keep cryptocurrency valuations stable, as opposed to the wide swings observed in the prices of other popular cryptocurrencies like Bitcoin and Ethereum. That would allow it to be used as a medium of exchange and a mode of storage of value, instead of being used as a medium of speculative investments.
Tether (USDT) is a stablecoin, a type of cryptocurrency which aims to keep cryptocurrency valuations stable.
Tether is used by crypto investors who want to avoid the extreme volatility of other cryptocurrencies while keeping value within the crypto market.
Tether tokens trade under the USDT symbol. (Source: Investopedia)
How to get Tether (USDT) from us
You can get Tether directly by providing us with your valid USDT wallet address, and we will send Tether to it, any amount you need.
Another way to get Tether is to buy Bitcoin (BTC) or Ethereum (ETH). You will order us to send it to you, you will then provide us with your BTC or ETH wallet address. Once we send BTC or ETH to you, and it is confirmed, you can then simply convert the BTC or the ETH to USDT.
This feature of instant cryptos conversion is possible on popular and reliable crypto exhanges like Binance, Bittrex, Coinbase, etc.
Do you want to get Tether directly, or do you want to get it as BTC or ETH and then convert to USDT? Please contact us when you are ready to do that.
To fund and withdraw with Neteller, please visit: www.instantforex.com.ng