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Author Topic: Why do people buy tether?  (Read 86 times)

SohyunPark

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Why do people buy tether?
« on: October 31, 2019, 08:05:28 AM »
Tether, as of today, is the most popular stablecoin on the market.

As such, it receives a lot of attention and news media coverage. One thing to consider. When a stablecoin declares that it is pegged to a Fiat currency, investors expect that for every $ they invest in, a $ is stored in a bank. Even though it is a great usage of blockchain technology, it complicates things. We can’t be sure if Tether is a scam or not at this point.

Ana_crypto

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Re: Why do people buy tether?
« Reply #1 on: November 04, 2019, 11:17:06 AM »
Hold it for long term & If you willing to sell your Tether coin then go to one of the exchanges that support tether coin, exchanges your Tether coin with bitcoin market or any other coin, i think now so many exchange is supported tether (USDT ) market. So you can convert usdt to btc at good market rates.
1 USDT will give 0.00010894 BTC and you can check the exact amount of BTC that you will get by selling 1 USDT in the USDT to BTC converter. The maximum USDT to BTC exchange rate in the last 24 hours is recorded at 0.00010826 and the least exchange rate stands at 0.00010948. BTC price fallen by -0.16% in the last 24 hours.

 

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