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Gsantana1967

What is USDT?

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Dear Friend! It is the stable currency that does not change its value, so we have savings in that currency. USD is the most important coins. 

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USDT is a stablecoins and is backed by the USD, this types of currencies are ideal to save because their value will always be the same and they do not have large movements. It may have movements but they are minimal and do not modify its value much.

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From what I know or have information, usdt is a km coin like the others but that this currency is stable, it means that it does not go down or rise, it stays in a price and if it goes down it does not go down much, almost nothing, that is usdt, a stable currency to buy when you have other currencies and you think those currencies are going to go down you put everything in usdt.

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On 9‏/10‏/2020 at 02:53, Gsantana1967 said:

عملة USDT هي جزء من "نوع" جديد من العملات المشفرة يسمى العملات المستقرة التي تسعى بدقة إلى استقرار العملات المشفرة ، على عكس التغييرات الجذرية التي شوهدت في العملات المشفرة الأخرى مثل Bitcoin أو Ethereum. بهذه الطريقة ، سيكون من الممكن بالفعل استخدامها كوسيلة للتبادل وكوسيلة للادخار بدلاً من استخدامها كأداة للمضاربة.

يشير هذا إلى حقيقة أن قيمته مرتبطة دائمًا بالدولار الأمريكي. تم الإعلان عن USDT في الأصل تحت اسم RealCoin ، في يوليو 2014 وظهرت كشركة ناشئة مقرها الولايات المتحدة. حتى نوفمبر 2014 تم الإعلان عن تغيير الاسم إلى Tether.

usdt.jpg

Thank you for this explanation

Some people today talk about Usdt. Unfortunately, I could not ask them about its meaning or some information about it, but thanks to you I was able to know what it means

This forum deserves the title of the best educational site in the world 🖌️❤️

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I have seen this post that is trying to describe the stable coins before and honestly speaking I do not find anything that I love about this because there's no fun in it the value will just remain constant.

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I work by investing. We make good income by investing. We collect different tokens and sell them if prices go up. BTC is the most popular currency. BTC LTC, ETH are the ones everyone likes when they work on crypto currencies

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We all know that USDT is a stable coin which also serves as US Dollar. USDT is a stable coin and has no volatility or the prices doesn't change like other cryptocurrencies such as bitcoin, ethereum, litecoin etc.

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For the little knowledge that I have about the world of cryptocurrencies since there is much to learn, USDT is a stable currency, which means that its value will always oscillate over the same ranges.
A big greeting to the whole community

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USDT is the most important stablecoin in the crypto market, in addition to being the most used, we all know that it is anchored to the dollar, and it is very useful to maintain the value of money when the market is very volatile or unstable, although a worrying news is that in the market there are millions of USDT that do not have any type of support, we can say that they are false USDT, therefore we could also consider other stablecoins such as BUSD, USDC or DAI.

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This is really important information, but I am wondering that this currency is stable and linked to the US dollar.

Why was it not dealt with on the ground outside of trading and platforms?

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Tether currency and its symbol (USDT) is a digital currency based on converting common fiat currencies such as the euro or dollar and others into digital currency, and it is available in the currency basket of cryptocurrency trading platforms.

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My dear mate, Usdt is stable currency that does not change it value. It value reset any time be careful. It price depend on us dollar. You can use for trading. I hope you agree. Best of luck

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The USDT or Tether is a digital currency as well, but this currency always seeks to be of a fixed value equal to the US dollar and is considered a currency for savings and not for speculation like other currencies that are constantly changing  .. Please benefit everyone

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Thank you, my friend, for this useful information. I did not know what it means, and now I am aware and I am always striving to gain new information and experiences.

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This is true, my friend, I am a beginner here. I am still a great beginner in the forum. I do not have much knowledge about all cryptocurrencies, but I think this currency is the dollar itself, but it is digital and not paper.

We have to search well

All the best for everyone

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There are some separate currencies that have a fixed currency like the USDT and they are being used as coins as opposed to cryptographic money which is not moving towards respect as they are expected to improve the understanding experience.🤔🤔🤔

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USDT is a stable coin. It can be very useful if you can’t easily sell or if the price of BTC falls and you want to protect your capital. I spend 2018!watching my BTC fall. There were no stablecoin at the time . It was very frustrating. 

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Your post is really amazing,I'm sure it will useful to if not all but most of the forum members especially the beginner's who are yet to know more about digital currencies, thanks for the post friend

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hello friend thanks a lot your valuable information this is very informative for us because we are beginner and just start working on this platform number of things you don't know about that so thanks a lot for sharing your information your information is very valuable for us

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It is a digital currency whose value doesn't change and same as the real price of dollar and all the traders want to deal with it due to the stable price of it.

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I agree with you, my friend, for me when I want to withdraw my cryptocurrencies from wallet to another wallet I convert them into USDT. And that is because of its permanent stability.

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For me one of the best cryptocurrencies since it depends directly on the value of the USD, also this crypto strengthens the continuous and accelerated development that the world of cryptocurrencies is having to be the currencies of the future.

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In fact, I learn 3 things in this post of yours, first is the meaning of fiat currency and the second is how they can support the already exesting paper currency and the third thing i learn is that that can actually be among the stables coins.

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It is the dollar Tether, a stablecoin that is used as if it were the dollar, the USDT always traded at a dollar and always will (theoretically), it is used a lot to make trade and to have dollars ready to do some operation. 

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I know a little about it because it is a currency that we use when transferring our balance. It is distinguished from other currencies by being a stable currency. But when withdrawing it is high fees.

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