USD are dollars that are held directly in a bank account. USDT are coins that issued by Tether which some exchanges will accept, but the money doesn’t go into the exchange’s bank account and to the exchange, it’s just another coin. Some exchanges prefer USDT.
Read moreIs USDT or USDC better?
While USDT is used more frequently for trading and payments, USDC is often described as a safer stablecoin since Centre makes a greater effort to comply with audits and governmental regulation, and has more transparent, fully-backed reserves.
Read moreIs USDT always $1?
Tether (USDT) is a blockchain-based cryptocurrency whose tokens in circulation are backed by an equivalent amount of U.S. dollars, making it a stablecoin with a price pegged to USD $1.00 .
Read moreHow do I cash out USDT?
Go to SETTINGS and select “Withdraw” menu. 2) Enter the correct address in “Recipient’s USDT Address” slot, where the withdrawn asset will be deposited. 3) Enter the withdrawal amount. If you want to withdraw all, please click “ALL” in orange.
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