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Course Introduction:Tether: A stablecoin pegged to the U.S. dollar Tether (USDT) is a stablecoin issued by Tether Limited with its value pegged to the U.S. dollar. Its original design is to provide the cryptocurrency market with an asset with stable value to help traders and investors avoid the risk of price fluctuations in the cryptocurrency market. How It Works Tether is a stablecoin that works by maintaining a 1:1 reserve ratio to the U.S. dollar. This means that Tether Limited, the company that issues Tether, holds U.S. dollar reserves equal to the value of the Tether it issues. When the market price of Tether is higher than $1, TetherLimited will increase the amount of Tether issued to meet market demand, which will cause the price of Tether to fall.
2024-03-16 comment 0 1243
Course Introduction:The Tether trading process consists of the following five steps: Account opening and deposit: Open an exchange account and deposit funds. Buy Tether: Select the trading pair on the exchange, enter the purchase quantity and price, and click "Buy". Safeguard Tether: Transfer Tether to a personal wallet or escrow service and keep the private key and mnemonic phrase safe. Sell Tether: Select the trading pair, enter the sale quantity and price, and click "Sell". Withdraw: Find the Tether withdrawal page, enter the withdrawal amount and receiving address, and click "Withdraw".
2024-04-25 comment 0 1061
Course Introduction:USDT is called Tether because it is issued by the company Tether as a stablecoin pegged to the U.S. dollar and always maintains a 1:1 value with the U.S. dollar. Tether is located in the British Virgin Islands, and the name "Tether" represents the connection between USDT and the issuer Tether.
2024-07-10 comment 0 322