What is USDT?

[Mike1515 2977]

well there are thousands of coins in the market, crypto coins and the problem with some is after they are launched they just die off , and we need to change that we also have others that are to volatile and not independent so the truth is we need to keep everything working perfectly we need to work and put together everything in a perspective and stable coin , which is the same as a United states dollar , do not have that huge of a change, if it gets to  much it only goes about 0.5%

[Jack764 1841]

The USDT currency is a cryptocurrency that is fixed in value and equals to about $ 1. Therefore, many investors want to own the USDT currency because its value is fixed and there is no fluctuation in its prices like other cryptocurrencies.  Therefore, most investment platforms and websites find the USDT currency in them.  Storing money in wallets using USDT is something that keeps the value of money safe from price fluctuations.

[williamjones 57]

This is a cryptocurrency introduced around the Bitcoin blockchain from the Omni Method. The swap fee benefit will be repaired or perhaps linked with the worth with the US dollar. It's got the spot between cryptocurrencies, completing a niche in which imbalances are not going to perform.

[Irungu 4299]

USDT is also a stable coin as any other and this are really good to work , its good to work with it, we have about 4 .

1. Dao

2. USDt

3.True dollar

4. Pax

They usually work as hard to make sure that the market is stable so we need to follow perfectly and we need to put together we have to work as hard and be sure about what we do

[Julay 2]

usdt crypto is usd stabilization

[iloveyobit 6599]

Usdt is a stable coin , thats means the price is stable almost no matter how the bitcoin price move , up or down the price of usdt will stay around 1.1 usd and traders use it to widthrawl theire profite from bitcoin .

[Cryptonas 1550]

On 10/9/2020 at 12:53 AM, Gsantana1967 said:

The USDT coin is part of a new “species” of cryptocurrencies called stable currencies that precisely seek the stability of cryptocurrencies, unlike the radical changes that have been seen in other cryptocurrencies such as Bitcoin or Ethereum. In this way, it would actually be possible to use them as a means of exchange and as a means of saving instead of using them as an instrument of speculation.

This refers to the fact that its value is always tied to the USD. USDT was originally announced under the name RealCoin, in July 2014 and appeared as a startup based in the United States. It was until November 2014 that the name change to Tether was announced.

I have no knowledge about this before, I guess this will help a lot of people even me to learn more about this topic. This is the reason why need post with high information.

[Sallujam 886]

USDT is a new species of cryptocurrency that is a stable currency and the value of USDT is approximately near to the value of united state dollor $. From USDT you can exchange your coins can invest in any trade and can withdraw for yourself and can store in your account. It is just according to my knowledge if I'm wrong guys must guide me.

[Ruhaa 1009]

USDT is one of the stable cryptocurrencies which value remains near to the real USD value. USDT is one of the best coin to invest if you are looking for long-term.

[Thekingcallme 1975]

USDT is a stable currency and its price is like the price of the dollar, and it is one of the currencies that the trader uses to keep his profits and money so that they are not affected by market fluctuations

[Simon London 1749]

On 11/9/2020 at 11:55 AM, Sallujam said:

USDT is a new species of cryptocurrency that is a stable currency and the value of USDT is approximately near to the value of united state dollor $. From USDT you can exchange your coins can invest in any trade and can withdraw for yourself and can store in your account. It is just according to my knowledge if I'm wrong guys must guide me.

I agree with your publication, in my opinion USDT is a stable cryptocurrency that maintains a fixed value with respect to a high value fiat currency, and in the event of a sharp drop in all cryptocurrencies one can momentarily take refuge in USDT (Tehter) if you are on Binance, hitBTC, Poloniex, OKEX or any other exchange.

[Sherrybhai 385]

Usdt is a stable crypto currency which is created by tether company . Its index is simply similer to gold and US dollars . We can say that they are same but usdt has close value to US dollars. Like other crypto currencies u can also be hold ,trade,exchange in USDT.

[Shaheer16 908]

On 10/9/2020 at 4:53 AM, Gsantana1967 said:

The USDT coin is part of a new “species” of cryptocurrencies called stable currencies that precisely seek the stability of cryptocurrencies, unlike the radical changes that have been seen in other cryptocurrencies such as Bitcoin or Ethereum. In this way, it would actually be possible to use them as a means of exchange and as a means of saving instead of using them as an instrument of speculation.

This refers to the fact that its value is always tied to the USD. USDT was originally announced under the name RealCoin, in July 2014 and appeared as a startup based in the United States. It was until November 2014 that the name change to Tether was announced.

It is a trading dollar (USDT), it is a stable coin in cryptocurrency and its value is same as of dollar. 1USD = 1USDT.

But its price fluctuate little bit like 0.99 to 1.1 dollar, not more then that. 

[Jermany 612]

It is a crypto currency whose exchange rate value is fixed or tied to the value of the US dollar. USDT can be spent, traded, or transferred, just like any other crypto currency

[Dianaana 184]

USDT it just a currency like btc but not high value. It has same value of usa usd dollar rate.

[Sofia Bravo 704]

the usdt is a stable cryptocurrency created by tether that maintains a fixed value, almost at the same value of the dollar

[Emma William 2399]

Many of us don't know what the staples of USDT are! Although they are heard daily by traders and senior analysts!
By using USDT we are withdrawing from the trading market and saving our profits! I believe that had it not been for fixed cryptocurrencies, there would have been major problems that traders would face in saving their profits with the price of cryptocurrencies constantly changing! It is our luck that these currencies were created that guarantee the stability of our capital and our profits

[scorpiali 5626]

Good to talk about the user, it's the first stable coin 8n the world of crypto currency they come with a new revolution to stable your coins with a crypto coin it's something new and now we can see a lot of stable coins, the usdt is backed with a real usd dollar 

[Smallingcane012 344]

I have no  much to say but , i feels Usdt is a currency that essential in some part of the world today,

[Culture58 338]

On 10/9/2020 at 12:53 AM, Gsantana1967 said:

The USDT coin is part of a new “species” of cryptocurrencies called stable currencies that precisely seek the stability of cryptocurrencies, unlike the radical changes that have been seen in other cryptocurrencies such as Bitcoin or Ethereum. In this way, it would actually be possible to use them as a means of exchange and as a means of saving instead of using them as an instrument of speculation.

This refers to the fact that its value is always tied to the USD. USDT was originally announced under the name RealCoin, in July 2014 and appeared as a startup based in the United States. It was until November 2014 that the name change to Tether was announced.

With this few explanation of yours based on USDT, i fully understand it value, function and use in the crypto market. Thank you

[Qainth 0]

Thank you for creating such an informative topic. As I am new on this forum. I didn't know about USDT. But I know after reading this topic discussion I got very good knowledge about the USDT ,USD and some other currencies. 

[Shraf2020 301]

Important information I did not know. I really thank you for that, but how does this currency relate to the US dollar?

[Tsadoyisa 86]

Learnt little of history from the post. It is good that the crypto world thought of having a stable coin that doesn't fluctuate all the time at least that will save the stress of changing from other coins to fiat because of stability issues. 

[kowkama111 694]

USDT is not a currency, but a digital asset in the form of a digital token (stablecoin) was issued by Tether and backed by the dollar

The advantages of USDT over any type of digital currency lies in the stability of the exchange rate, which will not decrease over the period of the transfer.

[CathyJohnson42 250]

There are difference between usd and usdt.Usd is a usa dollar which you keep on your paypal,perfect money,payeer or bank account.On the contrary, usdt is a tether usd which is a stable coin.You find it on your wallet.