USDT is either ERC 20 (ethereum) based or TRC 20 (Tron) based token for its practical implementation. When USDT is ERC 20 token, it means such USDT is running on ethereum blockchain and it needs gas fees in eth (ethers) to some extent to transfer from one ERC wallet to another ERC wallet.
Read moreWhat is USDT and ETH?
Tether (USDT) is an Ethereum token that is pegged to the value of a U.S. dollar (also known as a stablecoin). Tether’s issuer claims that USDT is backed by bank reserves and loans which match or exceed the value of USDT in circulation.
Read moreWhat is rate of USDT in Binance?
The live price of USDT is $ 1.0004879 per (USDT / USD) today with a current market cap of $ 81.37B USD. 24-hour trading volume is $ 41.67B USD.
Read moreCan you trade USDT on Binance?
You can trade USDT for 300+ cryptocurrencies on Binance’s industry-leading, fast, and secure trading platform . Binance offers many trading pairs for USDT trading to meet your needs.
Read moreHow do I trade USDT in Binance?
How to buy USDT
Read moreWhat is the use of USDT in Binance?
Tether (USDT) is a stablecoin, a type of cryptocurrency which aims to keep cryptocurrency valuations stable . Tether is used by crypto investors who want to avoid the extreme volatility of other cryptocurrencies while keeping value within the crypto market.
Read moreShould I use USDT or Busd?
Since USDT is more available, it supports more trading pairs and is easier to complete trades . However, BUSD will likely become more visible as people see its qualities and the demand for such stablecoins increase.
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