You can’t redeem Tether — that’s a core part of the fraud, they have “banking issues” and had them for years. You can sell it on an exchange but the Tether organisation have prevented any redemption of USD from USDT for years. Anybody turning USDT into USD is selling their USDT.
Read moreHow does a Tether wallet work?
Tether is a stablecoin pegged to the United States dollar. At any moment, you can quickly exchange other cryptocurrencies for Tether to remake your cryptocurrency holdings or send Tether to other cryptocurrency wallets anywhere in the world .
Read moreWhat is Tether and how does it work?
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 does Tether maintain its peg?
Tethers are redeemable and exchangeable pursuant to Tether Limited’s terms of service . The conversion rate is 1 tether USD₮ equals 1 USD.” So basically when you buy $1 worth of tether they put that $1 in a bank account to ensure you can always trade your tether back !:! with USD.
Read moreCan I redeem Tether for USD?
You can’t redeem Tether — that’s a core part of the fraud, they have “banking issues” and had them for years. You can sell it on an exchange but the Tether organisation have prevented any redemption of USD from USDT for years. Anybody turning USDT into USD is selling their USDT.
Read moreHow do I sell my Tether for USD Binance?
Click [Buy with cash] on the app homepage, choose [P2P]. Click [Sell] on the top of the P2P trading page, select a coin (taking USDT as an example here), then select an advertisement and click “Sell”. Enter the quantity you want to sell, select a payment method, and click “Sell USDT” to place an order.
Read moreIs tether coin safe?
Tether could potentially be viewed as one of the riskier cryptocurrencies due mainly to its issues with transparency, but it’s still very important in the cryptocurrency world.19 Oca 2022
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