Tether (USDT) is a cryptocurrency produced in the Bitcoin blockchain through the Omni Layer protocol. It was released as RealCoin in July 2014 and renamed as tether in November by Tether Ltd. which is responsible for maintaining the cryptocurrencies reserve amounts.
The protocols used in the Tether network make the cryptocurrency more secure and protect it from cyber attacks. Tether is a cryptocurrency with low risk and volatility and applies one-to-one exchange for exchange rate transactions.
According to data from The Wall Street Journal, 80% of all Bitcoin trading is realized with Tether. Accordingly, it can be said that Tether is an important liquidity source for the cryptocurrency market.
Tether is specially designed to create the necessary connection between fiat currencies and cryptocurrencies and offer users stability, transparency and minimum transaction fees. It is fixed to the US dollar and maintains a 1 to 1 ratio with the US dollar in value.
With its volatility and the price evolution it has gone through since its creation, Tether, which is frequently mentioned, attracts the attention of investment circles day by day. With its increased availability and being seen as an alternative to traditional financial assets, investability becomes equally meaningful.
To perform your Tether buying and selling transactions on the ICRYPEX Crypto Exchange:
ICRYPEX allows you a quick and secure Tether trading with its 24/7 Customer Representatives appointed to every user and its daily and weekly analysis support.