What is USDT?

[daveontario07 92]

Tether (USDT) is a cryptocurrency with  value meant to mirror the value of the U.S. dollar . The idea was to create stable digital cash. Tether converts cash into digital currency, to anchor or tether the value of the coin to the price of national currencies like the US dollar ,the Euro , and the Yen.

[soytiplok 126]

usdt is like the dollar of cryptocurrencies since it will always be worth one dollar for their reserve they have, also it has no cost in their transactions.

[Franklin Guerrero 66]

Hello, regarding USDT I can narrow that it is one of the favorite cryptocurrencies which I usually use whenever I can, it is essential to protect your capital a little and avoid certain losses by the volatile market and its congratulations day by day.

[Melodyc75 56]

Of course, this cryptocurrency was created for this purpose, so that its value is constant equal to the dollar, I know it as tether and it is the safest way to save your savings in the exhange, for example if you know that a cryptocurrency will go down, before Go change them to tether with this you ensure that your capital is affected and then you can buy your cryptocurrencies at a low price and when they go up, you sell them, I hope you understand me. This is the simplest way to increase your income but a bit complicated since the market is very volatile for cryptocurrencies.

[Josephine Benson 29]

Tether is a controversial cryptocurrency with tokens issued by Tether Limited. It formerly claimed that each token was backed by one United States dollar, but on 14 March 2019 changed the backing to include loans to affiliate companies. Tether is called a stablecoin because it was originally designed to always be worth $1.00, maintaining $1.00 in reserves for each tether issued. 

[elhabashy 84]

Tether is a controversial cryptocurrency with tokens issued by Tether Limited. It formerly claimed that each token was backed by one United States dollar, but on 14 March 2019 changed the backing to include loans to affiliate companies.The Bitfinex exchange was accused by the New York Attorney General of using Tether's funds to cover up $850 million in funds missing since mid-2018.

Tether is called a stablecoin because it was originally designed to always be worth $1.00, maintaining $1.00 in reserves for each tether issued.

Nevertheless, Tether Limited states that owners of tethers have no contractual right, other legal claims, or guarantee that tethers will be redeemed or exchanged for dollars.

On 30 April 2019 Tether Limited's lawyer claimed that each tether was backed by only $0.74 in cash and cash equivalents

 

[DanielJay 37]

USDT is A stable Coin, it does not change at price 1$.

USDT is use in almost every exchange and I love to trade with USDT pair.

[RumelChakma 117]

Usdt is a stable cryptocurrency. Its called Tether USD.  

There are two types of USDT in the crypto currency markets.

One is ERC20 (Ethereum based) USDT and another is TRC20 (Tron network based) USDT. Both coins value is similar as real USD coin. 

 

[Badboyalexa 65]

I searched USDT in Google and get that result Tether (USDT) is a cryptocurrency issued in bitcoin blockchain. USDT is a stable currency, a cryptocurrency designed to maintain a stable market value compared to assets. ... According to tether platform, each USDT unit is supported by a US dollar.  

[ShiNorton 906]

USDT is stablecoin and its value plugged to one dollar in the markets. USDT helps the trading more easier at the places where USD  is required. 

[SuperCrypto 7193]

Tether currency is a currency linked to internationally recognized real currencies, and that currency is designed to protect traders and investors from the dangers that result from the volatility of digital currencies.

[Sachin Thakur 110]

Yes , Usdt is now a popular digital currency which is stable. It can be used in many ways. We can use it in exchanging or investing . And i think it will be spread all over the world . 

[cryptolover45 1187]

Hey mate, thanks for your informative post about USDT coin, yes usdt is a stable coin, in market their are lot alt coin and those coin price go up and down very quickly but usdt coin stable . So if any person want to store coin they can buy USDT coin.

[edgeosmar romano 67]

USDT is a Tether, which is a cryptocurrency that is tied to a fiat currency for stability. Read on to understand what it's used for, why it was created, and why you'd want to get it.

[GalaxyGuard 352]

United States Dollar Tether(USDT) is a cryptocurrency version of the United States Dollar (USD).

[Russel 017 506]

Usdt is cryptocurrency and it is the vertual form of us doller.It is equal to the dollar and equal to 1 us dollar.It is used freezing funds of cryptocurrency. It provide stable bitcoin and also provide verification option

[titobest 23]

USDT es una criptomoneda emitida en la cadena de bloques de Bitcoin a través del protocolo Omni Layer. Cada unidad de USDT está respaldada por un dólar estadounidense que se mantiene en las reservas de Tether Limited y se puede canjear a través de la plataforma Tether.

To start investing in cryptocurrencies, it is necessary to choose an investment style: manual or automatic. Each approach has its strengths and weaknesses. In this style, the investor has to do everything on his own: analyze the market, find the opportunities, buy the cryptocurrencies, stay on top of investments, and sell for profit.

[Digital 387]

USDT is a controversial crypto currency coin backed by the value of USdollar each token represent a dollar and the price of this coin is stable except bon rare cases opposite to other crypto currency where the prices are highly volatile in nature.

[ramonn22 731]

From what I understand the Tether (USDT) is a cryptocurrency of the stablecoin calls that will always have a fixed price in the market that is one dollar for my part, I am not very interested in this cryptocurrency for people who are interest do not use to freeze your money when there are large losses
Good luck to all and a big greeting

[Ponnnu 962]

USDT is known as tether. It is cryptocurrency which has the same value of US Dollar. It is one of the safest stable coin. Tether tokens are issued by tether limited. It is a good investment which will give you good returns within approximately 5 years. 

[Nicole018 4548]

This is just another coin in the different coins of cryptocurrencies. but this post do contain some new information for me. I had no idea that usdt was related to USD and later it came to be known as tether. From the information offered by the  other users it is noted that this is a more stable currency that can be chosen by the users.

[mohamedpc1 2213]

Yes, you have  right .usdt, it has a relationship with the US dollar, as it almost has the same price with it. It was created in order to facilitate the transfer of your currencies using a fixed currency and also because of the difficulty of trading in the normal US dollar because many platforms did not activate the feature of withdrawals in dollars. usdt solved that problem.

[Mariakayal 76]

The USDT currency is equivalent to 1 dollar which can be recommended to save your dollars in this currency because USDT is not characterized by being high and low but remains stable. 

[Edwin john 649]

USDT is a different type of cryptocoin. It is one of the most safest coin in the crypto market. It claimed that each token was backed up by one United States dollar, but on 14 march 2019 changed the backing up to include loans to affiliate companies. Tether is a blockchain based cryptocurrency. 

[Ryken8 545]

This is very useful information, USDT has a value that is always equal to USD which makes for a good refuge coin to convert other crypto coins when their prices are dropping, this saves the trader the trouble to go through converting or selling off their coins to fiat currencies.