Tether itself doesn’t make money , on the contrary it loses money. (buying or selling crypto at a loss, paying banks the interest rate) It was created by Bitfinex with intent of manipulatively increasing trading volume and profits made by the fees.16 Eki 2018
Read moreHow does USDT make money?
The USDT peg is managed by using a collateral . Tether Limited claims that for every 1 USDT that exists, there is 1 USD worth of currency kept at the reserve. In order for the price of 1 USDT to equal 1 USD, it has to be redeemable for 1 USD fiat currency at any time.
Read moreIs buying and selling USDT profitable?
Based on market predictions, the Tether (USDT) is a profitable investment . Most forecasts indicate USDT will offer a good return in 3 to 5 years, which makes it a strong long-term investment. If you are after a stable asset to store value in, this is one of the best in the cryptocurrency market.
Read moreHow is Tether profitable?
Tether is a cryptocurrency that is pegged to a given fiat currency, for example, the USD, as well as physical assets such as gold. Tether makes money from various fees, by issuing loans to other institutions, as well as through investments .18 Şub 2022
Read moreHow do you make money from Usdt?
How Traders Can Use USDT
Read moreIs Tether crypto a good investment?
Tether can be bought on most major cryptocurrency exchanges, but should you invest, considering its history and outlook? Tether, despite having many issues in the past, continues to be a very stable cryptocurrency that is stronger for having gotten past its problems mostly unscathed — thus far, at least.19 Oca 2022
Read moreHow do you earn on Usdt?
Earn Free USDT (Tether) in 2022
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