Tether price, charts, marketcap and other stats

Tether
USDT
$ 1.00
0.00004915 BTC
Marketcap
$ 68,227,980,862
Volume (24h)
$ 36,096,815,889
Circulating Supply
68,212,574,446 USDT
Total Supply
68,212,574,446 USDT

Disclaimer: Crytpo’s Community content is meant to be informational in nature and should not be interpreted as investment advice. Trading, buying or selling cryptocurrencies should be considered a high-risk investment and every reader is advised to do their own research before making any decisions.

Tether Converter (Tether to USD converter)
USDT

What is Tether?

Tether is a tocken issued by Tether Limited company which belongs to the Bitfinex trading platform. It was built on top of Omni Layer digital currency protocol, which works on the Bitcoin blockchain.

The main purpose of this token is to provide stability to traders and members of cryptocurrency market, because Tether is claimed to be backed by US dollars on Tether Ltd bank accounts, so its price is not as volatile as prices of other cryptocurrencies. However, that remains yet to be proven and is is the reason why the U.S. Commodity Futures Trading Commission issued subpoenas to both Tether and Bitfinex. Also Tether Ltd underlines that the Tether token is not a financial instrument, and the owners of Tethers have no rights for legal claims or guarantees against losses.

Nevertheless, tether is a very popular token and is used by a number of exchanges (mostly the crypto to crypto only ones) as their main stablecoin. The amount of Tethers grew up to $2.8 billion. During summer 2018 around 80% of Bitcoin volume was traded in Tethers.

Tether price today USD


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* Currency in USD
Historical Price for Tether
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Tether Markets
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Buying Tether or other cryptocurrencies is much easier and faster than you might think. In addition, more than 90% of deposits are recognized within 1 hour.

What is current Tether price?

Tether price today $ 1.00

How does Tether price determined today?


It is supply and demand that determines the value of Tether. It can only be made in a certain number. Increasing demand for Tether will lead to a rise in its value. He’s been bought out for a lot of money in order to spread out his investments, acquisitions, and transfers to other countries.

How does Tether work?


After purchasing Tether and storing them in your virtual wallet, you may transfer them to another wallet, corporation, or shop. This transfer is made possible using Blockchain technology, which is a data structure that provides financial accounting or transaction records. To guarantee authenticity and manipulation, each transaction is digitally signed.

Why buy Tether?


There are various benefits to utilising Tether, including: The ability to send any amount of money to any location in the globe at any time. You pay a fee of your choosing to miners, who prioritise the transfer according on the fee amount. If you pay more, the transfer may be completed in a matter of minutes; if you spend less, it may take many hours. The transfer confirmation is trackable online. Possibility of expansion. Tether is exploding, as are several altcoins, or alternative virtual currencies. It is a fantastic investment choice for both saving and waiting for growth, as well as carrying out day trades, which are short-term operations of buying and selling or selling and purchasing in order to profit from price changes caused by cryptocurrency swings. The benefit of stock trading over day trading is that it can be done at any time of day.

How to buy Tether?


To purchase Tether, sign up with a virtual exchange, make a bank transfer to the firm, and then purchase Tether online using the exchange’s website. It is possible to purchase a whole Tether or a part of a Tether (for example: 0.541 Tether). It is also possible to make P2P purchases (buying from someone else). We recommend that you ask for references from the seller before purchasing their Bitcoins and other currencies.

How to sell Tether in USA?


One method is to trade your Tether for real money and have her deposit the money to your bank account. It is also feasible to sell P2P (to another person) and have them transfer funds to your bank account or send you pay slips. Remember to get references from the vendor. Most have Facebook accounts or group postings with testimonials from previous customers.

How to safely store your Tether?


Tether is an extremely secure money. To be extra cautious, avoid leaving your Tether on exchanges, learn how to make the best paper wallet, and put your private key in a safe or something similar so that it is not readily found or comes into touch with water or anything else that might harm it.

What is Tether mining and how does it work?


Mining Tether means creating new Tether. To mine Tether, one tends to use computers with high processing power in the pool. They are on 24/7 to mine blocks. The pool that forms a block earns a reward in Tether.

What is the total Marketcap of Tether?


As of today, total marketcap of Tether $ 993,036,848,238

What is the total  volume of Tether?


As of today, the Total volume ofTether $ 59,239,448,532