Tether (USDT) is a stablecoin whose price is supported by fiat, that is, ordinary money. This can be British Pounds, US Dollars or Euros. Hypothetically, the coin retains a value equal to one of these denominations. So the price of Tether should be predictable.
The lack of volatility is not the only advantage of USDT. Owners of the coin note the following advantages of Tether against popular analogues:
🪙 Tether is extremely stable and not prone to volatility. Differences in the rate can amount to tenths of a fraction.
🪙 USDT is a reliable cryptocurrency that is accepted by many exchanges around the world. It can be successfully converted into any local currency at a favourable rate.
🪙 Tether is insured against risk by Tether Limited’s own assets.
🪙 Tokens are backed by real currency, the reserves of which are kept in the bank. Auditors constantly make publicly available information about the availability of real reserves.
You can create a wallet on the Bemnex website and start using a secure and easy way to buy, sell and swap USDT.Â