Tether (USDT) is a stablecoin. This is a cryptocurrency whose value is always equal to an underlying product. Tether is a Hong Kong based company who mirrors the price of the American dollar with the USDT coin. Thus, one USDC token is equal to one US dollar.
MoreUSDT is a stablecoin mirroring the price of the American dollar, issued by Tether. Initially this was known under the name of Realcoin. All Tether tokens (USD₮) are pegged at 1-to-1 with a matching fiat currency and are backed 100% by Tether’s reserves, which in USD-value is equally worth the amount of available USDT coins.
MoreDo you want to buy Tether (USDT)? You can do this easily with iDeal, SEPA, Bancontact, MyBank, Giropay, EPS and Sofort, on a crypto exchange such as Coinmerce. Within a few clicks you can buy Tether without any additional deposit fees.
MoreDo you want to buy Tether? At Coinmerce it is possible to buy Tether with iDeal. This is possible if you are affiliated with Rabobank, ING, ABN AMRO or another Dutch bank. When you are logged in, you will see “Coins” in the top menu. If you click on this, you will be taken to the page with all crypto coins that Coinmerce offers. You can also use the search function to find and click on Tether. In the right window you can indicate how many euros you want to buy Tether. Below that you will see how much Tether you get for that amount. Have you entered the correct amount? Then click on “Buy”. It is also possible to execute a 'Stop limit order'. When you activate it, our system automatically buys Tether when the price of Tether reaches your entered value. You can also execute a repeating order. Do you want to buy Tether with another cryptocurrency? Then go to the crypto coin you want to pay with and select 'Swap' in the right window to indicate that you want to receive Tether.
Do you want to earn a passive income on your Tether? Then you can use your Tether Coin for Earn. This is comparable to Tether staking. You receive Tether rewards for the USDT Coins you wager for Earn. However, with Earn you do not contribute to the security of the network, like you would with staking. Within a Proof-of-Stake blockchain you receive Tether staking proceeds. At Earn, experts will use the Tether tokens to generate a revenue. You will then receive Tether coins as a reward for the contribution. The return you earn with Tether is immediately redeployed into Earn. Your income is therefore increasing. Therefore, Coinmerce Earn is an attractive way to earn rewards with Tether coins. Do you want to use your USDT crypto coins again? Then you can immediately disable Earn and you will find your tokens in your wallet.
Tether was launched in 2014, originally under the name RealCoin, with the aim of facilitating the use of fiat currencies in a digital way. Tether aims to provide the ability to transact with traditional currencies across the entire blockchain, without the typical volatility and complexity of a digital currency. USDT does not have its own blockchain. It works as a second-layer token on other blockchains: Bitcoin, Ethereum, EOS, Tron, Algorand, Bitcoin Cash and OMG. These transport protocols consist of open source software linked to blockchains to enable the exchange of Tether tokens. Each Tether token is 100% backed by its reserves, which include traditional currencies and cash equivalents.