Tether (USDT), a blockchain equivalent of the dollar which price is derived from US dollar, which fluctuates with it, is very underrated cryptocurrency. It’s one of the few dollar dominated cryptocurrency which tasting success lately. Not all exchanges offer Tether in their home but I’m here to give all information about Tether. So, hold your horses.
But first, for those who were living under some alien rock, here are my 2 cents on what Tether is all about.
Tether is a cryptocurrency derived from US dollar and is expressed as USDT (T is for Tether). There are other coins based on Euro (EURT) and another one coming soon JPT based on Japanese Yen.
First, you will need a wallet before using Tether.
Sign up and welcome Tether wallet.
Now you are ready to invest and trade with Tether.
But, the question of the day is where to use Tether (USDT)?
When I say Tether is underrated is because it is present on very few exchanges.
Poloniex has a whole market dedicated to USDT apart from Bitcoin, Ethereum, and Monero.
You can buy any cryptocurrency with USDT on Poloniex.
Bitfinex is another famous exchange who offers USDT trading in its platform. But for that, you need to have a verified Bitfinex account.
That’s it for today. I will share more information about Tether in upcoming posts.