Tether (USDT) is an Ethereum token that is pegged to the value of a U.S. dollar (also known as a stablecoin).
Read moreHow does Tether coin work?
Tether is a blockchain-based cryptocurrency that is backed by the U.S. dollar . This means there are actual dollars in reserves at financial institutions to serve as collateral. Stablecoins, when fully backed by the dollar, have a 1:1 relationship with USD.
Read moreHow do I Tether cryptocurrency?
How to buy Tether
Read moreHow do you mine tethering?
Tether (USDT) cryptocurrency cannot be mined . The only way to buy them is through Tether Limited or through cryptocurrency exchanges that support Tether.
Read moreIs Tether coin a good investment?
While Tether is not necessarily a long-term investment that will grow your money by itself because it stays pegged to the U.S. dollar , there are lending platforms, exchanges and wallets that will pay you high interest rates to store USDT on their platform.
Read moreCan you sell Tether for USD?
Step by Step Guide to Sell Tether Most users who sell USDT do so for Bitcoin (BTC) or Ethereum (ETH). While you unfortunately cannot sell USDT directly on Coinsquare, you can sell it on an altcoin exchange for Bitcoin or Ethereum and then use Coinsquare cash out to fiat currency like Euro or Canadian dollar .
Read moreCan you make money on Tether Crypto?
Most will pay anywhere from 6% to 12% in interest just for storing Tether on their platform. Tether will typically earn more interest than other popular stablecoins like GUSD, USDC and DAI because of its high demand in trading and cryptocurrency loans.
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