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How to buy Tether

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About Tether

Tether (USDT) is the most popular stablecoin in terms of volume. Unlike cryptocurrencies, whose prices fluctuate, a stablecoin such as Tether (USDT) tries to hold its value around a specific asset. In this case, the value of 1 USDT is supposed to stay at around 1 US-Dollar. Tether was created as a utility token to represent fiat currency and to use blockchain technology to simplify cross-border payments. As a stable coin, Tether is pegged or “tethered” to the US dollar, as the coin’s name suggests, in order to minimise price volatility.

  • Tether value mirrors the value of the US dollar
  • One of the top-10 altcoins
  • Tether is a stablecoin designed to minimise price volatility relative to the US dollar
  • Each unit of Tether is allegedly backed by one US dollar in reserve
  • High-speed transfer rates
  • Successor to Realcoin

Why you should choose Bitpanda

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Over 30 digital assets, including Bitcoin, Ethereum, Ripple and more

European company, founded in 2014 in Vienna, Austria

Multiple fiat currencies, including Euro, Swiss Franc, British Pound and US Dollar

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