At cryptocurrency exchanges can often be found marking USDT. This token is confusing to many because it is clear that the coin is related to the dollar, but what is not quite clear. In this article, we will analyze what is tether cryptocurrency, where to buy it and how to use it.
Tether (USDT) — what's the currency? Currency USDT appeared in early 2015 and it is issued by the company Tether Limited. To combine the advantages of blockchain technology with traditional money is the goal set by the developers. They convert the national currency, particularly dollars and euros, in the digital currency. And the price, in their opinion, should be tied 1 to 1. That is, 1 value USD is equal to 1 USDT. Tether from English and translated "to bind". How to buy Tether coin? To buy or sell USDT both from the official platform tether.to and through capability exchange. Today, with the Tether tokens are used by many famous sites. The chart can be analyzed and the USDT price graph gives us an opportunity to understand the coin. The stock market accepts this currency well.
Cryptomnesia needs different options for a stable cryptocurrency. Some investors may find additional peace of mind knowing that their dollar tokens correspond to a fixed currency on a verified Bank account. In the long term, there will be roles of both stable cryptocurrencies based on the Protocol and assets.