Tether (USDT) - Stable Digital Cash
Tether (USDT) is also called a Stablecoin because it is stable and pegged to a real-world currency to maintain cryptocurrency stability.
At the beginning of Tether launching, it was said 1 Tether = USD 1 and it is expected to maintain the peg no matter what.
With occasional minor blips, Tether has sat very stably compared to other cryptocurrencies.
Source: Tradingview.com
If you are looking for a stable cryptocurrency to lower your investment risk then you can purchase Tether (USDT) or another stable coin linked to your local currency. Other currencies may include AUD, GBP ,HKD and CAD. It is also easy to change to another more volatile cryptocurrency such as Bitcoin, Ripple, Ethereum, etc if you wish to have more growth.
Another reason to purchase Tether is that the coins are actually backed by an actual USD as collateral. Tether is one of the tokens which is a stabilized cryptocurrency with a large market and the flexibility of decentralized trading.
One platform to purchase Tether (USDT) is Crypto.com. In this platform, you can earn interest on a wide variety of coins, as well as apply for a crypto debit card. This operates similar to a pre-paid Visa card, where you top up before use; either with cash or crypto. We also have rewards up to $50 for new investors when using the above link to create a new account.
Coinbase is another platform to purchase Tether (USDT) using a credit card or even your Bank Account. You only need to follow the steps and link your Bank Account or Credit Card for purchasing your cryptocurrency. Use this link and you can get AUD 13.84 in free Bitcoin when you buy or sell AUD 138.41 or more.
Another platform called Celsius is a platform that works like a bank. You can deposit your crypto and earn interest in crypto, or borrow against an asset to receive cash or coins. The interest rate may vary from 2% up to 10% or more depending on how stable the coin is seen to be. A new investor may receive up to $20 when using the above link to create a new account.
For any other questions, please do not hesitate to get in touch with us via the "Contact Us" section of the homepage and we will do our best to assist you.