What is Tether (USDT)?

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.
 

How to Buy Tether?

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:

• You can become a member of our site by filling in the name-surname, phone, and e-mail address sections from the “New Account” button.
   
• After completing all required fields of the membership, you can deposit TRY from your bank account by clicking "Deposit" or you can start your investment by transferring your Tether to your Tether wallet you have created in "My Assets".
   
• In the investments you will make through the bank transfer, ICRYPEX Bilişim AŞ should be written. Transfers sent with different, incorrect, or incomplete recipient names are rejected by the bank.
   
• The transaction description code in the deposit section should be noted to be written on the receipt. Your transfers are made through current TRY accounts registered in your name.
   
• After the TRY balance is loaded into the wallet, you can enter the "Easy Buy-Sell" page and select the "Easy Buy" button, enter the Tether amount you want to buy and select the exchange price and buy Tether by placing a purchase order.

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.

How Does Tether (USDT) Work?

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.