Tether (USDT)

Last Updated: February 13th, 2023
Tether USD
Tether USD
USDT
1.00$   -0.03%
Tether USD price
1.00 $
Price change (24h)
-0.03%
0.00 $
Trading volume (24h)
19.57B $
Market Dominance
4.40%
Market rank
#3
All Time High
May 25 2017 (6 years ago)
-14.66%
1.17 $
Market Cap
111.23B $
Circulating Supply
111.21B USDT

USD to USDT converter

USD
United States Dollar
Tether USD
USDT
Tether USD

Tether (USDT) is a fiat-collateralized stablecoin, which is a type of stablecoin that is backed by a fiat currency like USD, CAD, AUD, or even Yen (JPY). In this article you can answer all your questions about Tether, learn its history, future and much more.

What Is Tether (USDT)?

Tether (USDT) is a stablecoin, and a cryptographic version of the US dollar. This token is 3rd in the ranking of cryptocurrencies by market capitalization. The total value of all tokens exceeds $80 billion. The emission is currently about the same, but a little higher. The fact is that Tether has an approximate value of 1 US dollar, so in reality the USDT/USD rate is not constant and can be traded around this mark.

an icon of tether coin, an icon of dollar, an icon of 3rd place, an icon of total value, an icon of blockchains

ATH of the Tether cryptocurrency to the dollar is $1.32 (Jul 24, 2018), and ATL is $0.57 (Mar 2, 2015).

The stablecoin is often used to make payments on various online services, for peer-to-peer transfers and transfer funds between exchanges. One of the most important ways to use Tether is to buy cryptocurrencies on services that do not accept fiat funds.

Due to the high demand for stablecoin, it is regularly expanded into other blockchain networks besides the original one. This gives users the opportunity to save on commissions and speed up work with the token. For example, when the Ethereum network is overloaded, transactions are too expensive.

Today, USDT is available on over 20 networks, some of them are:

  • Binance Smart Chain – BEP-20
  • Ethereum – ERC-20
  • Tron – TRC-20
  • Heco – HRC-20
  • Algorand
  • Solana
  • EOS
  • Liquid
  • Avalanche

Overview of the Tether Project

The Tether project was created to enable the use of traditional currency in the form of tokens. The developers created a coin based on the blockchain, which combined the advantages of cryptocurrency and fiat money. The platform ensures the transparency of USDT transactions.

Tether is a stablecoin. In other words, it is a special kind of cryptocurrency that has real reinforcement in the form of assets. This solves the problem of volatility, which is typical for the digital currency market, because the rate of stablecoins is more stable. This is an important feature of the coin, since most cryptocurrencies are unsecured.

The company behind the development has issued several types of tokens equal to different basic units of fiat or precious metal, for example:

  • USDT – pegged to the US dollar
  • EURT – digital euro
  • XAUT – troy ounce of gold bullion from London Good Delivery
  • Etc.

The platform’s cryptocurrencies are designated using the symbol ₮ + USD, EUR, CNH.

The most popular coin of the project is USDT, so by default it is called Tether.

The main facts about the Tether project are:

Security. Unlike other altcoins, the developers emphasize the 100% security of the tokens issued with fiat currency. On the official website of the Tether cryptocurrency, you can find confirmed data on the amount of fiat currency in the accounts of the project.

No Blockchain. The Tether project does not have its own blockchain. Tokens are generated in several networks. Because of this, they have different standards: ERC-20, TRC-20, and so on.

Token Availability. Despite the fact that the owner of Tether tokens is Tether Limited, which can generate tokens and destroy them, users have the right to make transactions outside the platform. For example, users can purchase the USDT token on many exchanges or wallets, such as Binance, ByBit, Huobi, and so on.

What Is a USDT Token?

USDT token is the first and most popular stablecoin on the crypto market, which is pegged to the US dollar. In fact, USDT is a blockchain-based digitized version of the dollar that can be used to complete transactions, store digital assets on exchanges, and store digital assets in wallets.

USDT uses the “Proof of Reserves” process instead of “Proof of Solvency”, an alternative method that is used by other platforms. Proof of Reserves makes it easy to check the volume of USDT held in Tether reserves using the tools at Omnichest.info.

Moreover, the turnover of USDT should always be backed up by the corresponding amount of US dollars on the accounts of the Tether Limited platform, a report on the amount of which is published on the pages of Transparency. This information is periodically checked by professional auditors, so users have an absolutely transparent system.

So, the key features and benefits that USDT provides are:

  • An alternative to unstable cryptocurrencies, protection from sharp price fluctuations in the crypto market.
  • Facilitating transactions in the crypto industry reduces costs and delays.
  • The link between fiat and cryptocurrencies.

USDT helps to increase the number of available trading pairs. Moreover, it facilitates trading in regions where the use of fiat for such purposes is not available.

The Tether cryptocurrency is very different from other altcoins, at least in that the value of the token will never grow. It is because of this that it will never become popular among speculators, whose goal is to buy cheaper and sell more expensively. This token will be interesting to those who want to transfer money around the globe without any problems.

What Is the Difference Between Tether and USDT?

Tether is a cryptocurrency that is backed by fiat money, such as EUR, USD and JPY. The Tether rate applies to any type of fiat money 1:1. In addition, the cryptocurrency is directly related to the company Tether Limited, which has reserved a certain amount in fiat currency on its accounts.

USDT is the first and largest cryptocurrency, the rate of which is pegged to the dollar. USDT is called Tether in another way, because it is the most popular token of this project.

History of Tether

Tether was created by Tether Limited and is closely linked to the Bitfinex exchange. The launch of this cryptocurrency took place in 2014. Its authors have created an innovative platform that many users and traders around the world have been looking forward to.

Initially, the coin was called Realcoin. It was an ordinary cryptocurrency that could not compete with popular altcoins at that time. However, during the subsequent rebranding, it changed not only the name, but also the underlying technology. In order to survive in the highly competitive world of digital money, its developers had to look for ways to offer something new to the market.

The main tokens of the project were issued in the following order:

  • January 2018 — tokenized euros and dollars based on the Ethereum network were released.
  • September 2019 — a token linked to the Chinese yuan is released.
  • January 2020 — Launch of the gold-backed coin (XAUT).

Who Is the Founder of Tether (USDT)?

The founders of the Tether project are Brock Pierce, Craig Sellars, and Reeve Collins.

Who Created USDT?

Tether was created by the first Bitcoin adopters who wanted to simplify the use of fiat funds in the digital world. It was launched as a Real coin by Brock Pierce, Reeve Collins, and Craig Sellars.

Who Owns Tether (USDT)?

There are more than 4 million Tether holders in total, and here is a list of the top 5 owners of this token:

HolderPercentageValue
Binance: Binance-Peg Tokens4.1%$1.250B
Tether: Treasury2.5%$752M
Polygon (Matic)2.4%$720M
0xA7A93fd0a276fc1C0197a5B5623eD117786eeD062.06%$624M
KuCoin 61.7%$517M

It is worth noting that the top 10 holders own approximately 21.5% of the total supply of USDT tokens.

Tether (USDT) Roadmap

history and roadmap of tether USDT

The project developers have not published the Roadmap on their website or other resources. In brief, project roadmap is following:

  • July 8, 2014 – Realcoin Was Launched in California
  • Nov 20, 2014 – Realcoin Rebranded to Tether
  • Jan 15, 2015 – Bitfinex Enabled USDT Deposits and Withdrawals
  • Aug 16, 2016 – Tether Launched a Euro-Based Stablecoin, Tether Euro (EURT)
  • Jan, 2018 – Tokenized Euros and Dollars Based on the Ethereum Network Were Released
  • Dec 21, 2018 – Bitfinex Added USDT/USD as a Fiat-Denominated Trading Pair
  • Jan 24, 2020 – Launch of the Gold-Backed Coin (XAUt)
  • Mar 11, 2021 – Launch of Tether Tokens on Solana
  • Nov 8, 2021 – Launch of a New ERC20 Contract Address for Tether Gold
  • Sep 23, 2022 – Launch of Tether Tokens on Polkadot

When Did Tether (USDT) Appear?

Tether stablecoin (USDT) appeared on the exchanges in 2014 as a “Realcoin”. Since then it has occupied a leading position among all cryptocurrencies equated to fiat money.

Why Is Tether (USDT) So Popular?

five reasons why tether is so popular, usd, euro icons, tether icon

Tether (USDT) gives you the opportunity to store cryptocurrencies by analogy with fiat money linked to the dollar and other currencies. Thanks to this, you may not be afraid of surges in the value of cryptocurrencies and send transfers in dollars.

The primary characteristic of USDT is the relative stability of its price, which tends to mirror that of fiat currency exchange rates. This attribute enables you to utilize tokens for convenient transfers where the transfer amount is always fixed and does not vary with the value of the cryptocurrency or to fix gains while trading cryptocurrencies.

USDT tokens are so popular that many well-known exchanges use them as an underlying asset (for example, Binance, ByBit, and so on). Indeed, the underlying asset of USDT is now in high demand, because transactions with Tether reduce the cost of trading fees.

Tether owners also have options for passive earnings using token staking in smart contracts of decentralized finance platforms.

Tether Communities

Tether has a large community that follows the news in the social networks of the project. Users support Tether developers, write positive comments and wait for new updates or extensions of the project. The most popular social network of the project is Twitter, which has more than 300 thousand readers.

Twitter – https://twitter.com/Tether_to

Facebook – https://www.facebook.com/tether.to/

Tether Reviews

Here’s what the USDT holders say about the token:

“Tether has always been the most popular stablecoin. This trend continues at the beginning of 2023. The popularity of the project is explained by 2 factors. The first is that the USDT cryptocurrency was the first stablecoin in the world. The second factor is the rapid expansion of Tether. Since 2018, developers have started generating cryptocurrencies in several blockchains in parallel. Already 4 years later, USDT began circulating in 9 blockchains: Bitcoin, Ethereum, Tron, Algorand and other popular networks”.

“The main advantage of the token is a stable exchange rate. Pegging to the main world currency has made this crypto a safe haven to protect capital from the volatility of the crypto market. It is worth noting that the exchange rate of this coin remains stable even at a time when other coins are collapsing.  At first, the team assured everyone that the tokens were 100% backed by the dollar, which eventually turned out to be a beautiful fairy tale. As the trial showed, the collateral was only 75% in the form of securities and loans. But Bitcoin and Ethereum have no collateral at all. Therefore, the positions of this coin are much preferable. Despite the obvious deception of the team, many traders and investors continue to use this product, thereby strengthening its position”.

“Many traders and investors use USDT. In my opinion, this is a rather bold decision, since the project is not in order with the law. We all remember situations when developers lied about the security of the token and other incidents with the Bitfenix exchange. This may be a bad signal. After all, most transactions are carried out through this crypt. If law enforcement agencies ban it due to serious violations, then the entire system of the cryptocurrency economy may collapse. Maybe I’m exaggerating, but many experts assume so”.

How to Contact Tether?

Like many other projects, Tether has its own website, where you can find all the necessary information about the owners and developers. Here is a step by step guide on how to contact Tether:

  1. Go to the official Tether website.
  2. Scroll down the main page and in the “Company” section, select the “Contact us” section.
  3. Select the topic of your appeal and describe your problem in detail. Technical support can help you with these issues:
  • Account access
  • Account settings
  • Verification
  • Acquisitions and redemptions
  • Bug reporting
  • Security concern
  • Token recoveries
  • Collaborations
  • Other issues

Enter your name and email address.  The answer from the support service will come no later than 3 days later.

Tether Chat

Will be available soon

How Long Does It Take to Transfer USDT?

The execution time of the transfer depends on its place in the queue. As a rule, the transfer is performed within 1-3 minutes. After the transfer is sent, the speed of its processing and confirmation depends on the cryptocurrency protocols and networks.

Tether Jobs

In the “Careers” section on the main Tether website, you can find detailed information about the availability of jobs in the company. The project guarantees its future employees a high salary, a flexible schedule, and a large number of career opportunities. It is worth noting that most vacancies are for remote work, which requires the availability of communication tools and a computer.

There are no available jobs posted on the website yet, but information about working in the company can be updated at any time.

Tether Blockchain

Unlike other cryptocurrencies, Tether does not have its own blockchain. Despite this, the USDT token is available on many networks, so you can buy it in any way you like:

  • Ethereum – ERC20;
  • Bitcoin
  • Tron;
  • Solana;
  • Binance Smart Chain – BEP20;
  • Polygon;
  • OKEx Chain;
  • Fantom;
  • Omni;
  • Algorand;
  • EOS.

And this is not a complete list. Today, USDT is available on over 20 networks.

How Do I Mine Tether?

The only issuer of the token is its owner, Tether Limited. This means that the mining of USDT is impossible. Passive income can be obtained using decentralized finance services that pay 7–10% per year on investments in this coin.

How Many USDT Coins Are There?

USDT is the third-largest cryptocurrency by capitalization, ahead of only BTC and ETH. Its cost is equal to one USD. In total, more than 66.8 billion coins have been minted, the real capitalization of which is identical to this amount, but their total value is slightly higher than the amount of USDT.

How Many USDT Coins Are Left?

Today, 66,854,376,800 USDT tokens have been issued. Sometimes a company burns tokens, so their number may vary.

USDT Rating

Tether (USDT) is the 3rd in the ranking of cryptocurrencies by market capitalization, which is headed by Bitcoin and Ethereum.

Tether (USDT) Stocks

Tether does not have its own stocks because it is a non-public entity. The only way to invest in a project is to buy USDT tokens. Today, their price is $1 per token.

Tether (USDT) Tokenomics

Tether is a digital coin backed by fiat assets such as USD, EUR and JPY. The token rate correlates with the base currency one to one. The reserved amount in fiat currency is stored on the accounts of Tether Limited and is equal to or exceeds the number of tokens issued. The system is based on many blockchains, and assets are moved using Omni technology. In addition, the Omni protocol is responsible for issuing and burning tokens, tracking transactions, and so on.

Tether cannot be mined, so the issue of USDT can only be carried out after depositing fiat funds. This contradiction to the nature of digital assets is explained by the main purpose — mediation between real and virtual assets.

The maximum issue of coins is limited only by the amount of fiat funds deposited to the accounts of the issuing company. Total amount of USDT is 66,854,376,800 coins, but these figures may change as the owner company burns tokens.

How to Get USDT for Free? Airdrop Tether

Tether Limited does not distribute its tokens. Despite this, various exchanges, wallets and crypto projects can do this. For example, such popular exchanges as Binance and Bybit often hold sweepstakes or competitions, the main prize of which are USDT tokens. Additionally, a lot of cryptocurrency exchanges provide marketing incentives like bonus coins for deposits or trades over a specific amount.

Performing tasks on various websites that reward participants with cryptocurrency in exchange for completing surveys, viewing movies, and other activities is another way to earn USDT.

USDT Price to USD

The current rate of the USDT token to US Dollars: $1

USDT Price History

Yesterday USDT price was 1.00 $. For 24 hours it decreased for 0.02%

A week ago USDT price was 1.00 $. For 7 days it increased for 0.02%

A month ago USDT price was 1.00 $. For 30 days it decreased for 0.03%

A year ago USDT price was 1.00 $. For 365 days it decreased for 0.01%

Сколько USDT стоил в 2024?

В 2024 году максимальная цена USDT составила 1.00 $, минимальмальная цена – 1.00 $, средняя цена – 1.00 $. В начале года USDT стоил 1.00 $, а в конце года – 1.00 $. За весь 2024 год цена USDT decreased на 0.08%.

Сколько USDT стоил в 2023?

В 2023 году максимальная цена USDT составила 1.01 $, минимальмальная цена – 1.00 $, средняя цена – 1.00 $. В начале года USDT стоил 1.00 $, а в конце года – 1.00 $. За весь 2023 год цена USDT increased на 0.12%.

Сколько USDT стоил в 2022?

В 2022 году максимальная цена USDT составила 1.01 $, минимальмальная цена – 0.99 $, средняя цена – 1.00 $. В начале года USDT стоил 1.00 $, а в конце года – 1.00 $. За весь 2022 год цена USDT decreased на 0.08%.

Сколько USDT стоил в 2021?

В 2021 году максимальная цена USDT составила 1.04 $, минимальмальная цена – 0.97 $, средняя цена – 1.00 $. В начале года USDT стоил 1.00 $, а в конце года – 1.00 $. За весь 2021 год цена USDT decreased на 0.04%.

Сколько USDT стоил в 2020?

В 2020 году максимальная цена USDT составила 1.04 $, минимальмальная цена – 0.98 $, средняя цена – 1.00 $. В начале года USDT стоил 1.00 $, а в конце года – 1.00 $. За весь 2020 год цена USDT increased на 0.44%.

Сколько USDT стоил в 2019?

В 2019 году максимальная цена USDT составила 1.03 $, минимальмальная цена – 0.98 $, средняя цена – 1.00 $. В начале года USDT стоил 1.02 $, а в конце года – 1.00 $. За весь 2019 год цена USDT decreased на 2.15%.

Сколько USDT стоил в 2018?

В 2018 году максимальная цена USDT составила 1.04 $, минимальмальная цена – 0.97 $, средняя цена – 1.00 $. В начале года USDT стоил 1.02 $, а в конце года – 1.02 $. За весь 2018 год цена USDT decreased на 0.04%.

Сколько USDT стоил в 2017?

В 2017 году максимальная цена USDT составила 1.13 $, минимальмальная цена – 0.93 $, средняя цена – 1.00 $. В начале года USDT стоил 1.01 $, а в конце года – 1.02 $. За весь 2017 год цена USDT increased на 1.36%.

Сколько USDT стоил в 2016?

В 2016 году максимальная цена USDT составила 1.12 $, минимальмальная цена – 0.95 $, средняя цена – 1.00 $. В начале года USDT стоил 1.01 $, а в конце года – 1.01 $. За весь 2016 год цена USDT decreased на 0.29%.

Сколько USDT стоил в 2015?

В 2015 году максимальная цена USDT составила 24.94 $, минимальмальная цена – 0.80 $, средняя цена – 1.20 $. В начале года USDT стоил 24.94 $, а в конце года – 1.01 $. За весь 2015 год цена USDT decreased на 95.96%.

USDT All-time high is $1,32 (Jul 24, 2018)

USDT All-time low is: $0,57 (Mar 2, 2015)

A change in the USDT price is an exceptional and short-term situation. The average volatility is 1-2%, therefore, any deviations from the course are not critical and temporary.

How Much Is USDT Today?

The current price of Tether (USDT) is $1.00. 

This is 0,10% lower than the price 24 hours ago.

USDT Price Forecast

What Will Tether Coin Price Be Tomorrow?

The cost of USDT cannot change much in a short period, so it is most likely that the exchange rate will not change tomorrow.

What Will Tether Coin Price Be in a Week?

Big changes may occur in the market during the week, but this will not affect the stablecoins in any way. That is why the cost of USDT will not change in a week.

What Will Tether Coin Price Be in a Month?

Despite the rumors in the media and strong fluctuations in the market, the value of USDT will not change in a month and will remain equal to 1 dollar, because it is the most reliable stablecoin on the crypto market.

What Will Tether Coin Price Be in a Year?

The value of USDT has not changed over the past few years, so even strong market volatility will not be able to destroy the stablecoin. The cost of the token will remain at the level of $1.

What Will Tether Coin Price Be in 5 Years?

Today there is no news that global changes in the cryptocurrency market may occur in the near future, so the value of USDT in 5 years will also be equal to $1.

What Will Tether Coin Price Be in 10 Years?

In 10 years, big changes may occur in the world of cryptocurrencies, so the forecast can be both positive and negative. Despite this, many experts claim that the price of USDT will remain unchanged and users will be able to buy a token for $1 even after 10 years.

What Will Tether Coin Price Be in 2024?

In 2024, there will be no big changes in the market, so USDT can be bought for $1.

What Will Tether Coin Price Be in 2025?

USDT is the most popular stablecoin with a large capitalization, so in 2025 its price will not change in any way (1 dollar).

What Will Tether Coin Price Be in 2026?

In 2026, the cost of USDT will be $1. The token continues to gain popularity, so the owner company is trying to prove its stability.

What Will Tether Coin Price Be in 2027?

By 2027, serious changes may occur in the market, but the value of USDT will not change (1 dollar) due to reliable security.

What Will Tether Coin Price Be in 2028?

Experts believe that USDT will remain the most popular and reliable stablecoin, so in 2028 its cost will be $1.

What Will Tether Coin Price Be in 2029?

In 2029, the cost of USDT will be equal to $1. This token will remain the most reliable stablecoin, so its price will not change.

What Will Tether Coin Price Be in 2030?

Despite the fact that many users are talking about the impending collapse of USDT, experts predict a constant token price of $1 in 2030.

What Will Tether Coin Price Be in 2040?

In 2040, the crypto market will change beyond recognition, so the price of USDT can both rise and fall. Some users predict the collapse of the stablecoin, but most people believe that the price will remain at $1.

What Will Tether Coin Price Be in 2050?

It is very difficult to make a forecast for such a long time, but some experts are sure that the crypto market will see the collapse of the USDT token. Despite this, many users believe that the value of the coin will not change and will remain equal to $1.

What Will Tether Coin Price Be in 2055?

In 2055, the price of USDT may drop significantly, but users continue to believe in the stability of the token and the immutability of its price (1 dollar).

Can the USDT Price Reach $5?

No, an increase in the USDT price to 5$ is impossible because it is a stablecoin that guarantees the safety of assets and the immutability of the token price.

Can the USDT Price Reach $50?

No, the price of USDT will not reach $ 50, because it is a stablecoin with a constant market rate.

Can the USDT Price Reach $100?

The price of USDT will never reach $100, because it is a stablecoin that cannot grow to such values in any way.

Tether (USDT) News

In 2023, the Japanese Financial Services Agency (FSA) may lift the ban on the circulation of stablecoins issued abroad. This will affect such stable coins as USD Coin (SC), Tether (USDT) and others. The limit of money transfers will be set at 1 million yen ($7.5 thousand) per transaction.

Tether Holdings Limited, the issuer of the world’s largest USDT stablecoin, has published a quarterly audit report prepared by an independent firm BDO. The certification confirmed the reliability of the Tether Reserves Report (CRR) as of September 30, 2022. The document reflected the strength of the balance sheets, revealing a significant reduction in investments in commercial securities and a total increase in injections into US Treasury bills.

According to the Mendoza City Tax Office (ATM), the fifth most populous province of Argentina has integrated USDT, USDC and DAI stablecoins for paying taxes. The leadership of the region allowed 2 million local residents to pay fees using cryptocurrency assets.

Tether Operations Limited has announced that the USDT stablecoin will soon start functioning in the Tezos ecosystem. This means that the asset will be available on 12 blockchains at once.

The total offer of the Tether USDT stablecoin exceeded the $80 billion mark. The issuer of the digital currency announced that another 1 billion tokens were minted. This virtual coin is the leader among this asset class.

How to Buy USDT?

Here is a step-by-step instruction on how to buy USDT:

1. Find a place to buy USDT

Centralized and decentralized exchanges and payment systems are examples of possible methods. Some people prefer to meet with the seller in person because they don’t trust internet marketplaces, although this is not a common method of purchasing.

The most suitable exchanges for buying USDT are Binance, ByBit and OKX.

2. Choose a payment method

You can buy USDT using fiat or cryptocurrency.

To pay with fiat, many exchanges ask users to pass verification. After confirming your identity, all the functions of the platform will be available to you, including the purchase of USDT using a bank card, bank transfer, and so on.

If you already have a cryptocurrency, you can exchange the available tokens for USDT. For example, if you have Bitcoin in your account, you should find a BTC/USDT pair and buy the right amount of tokens.

3. Transfer and store USDT

After buying USDT, you need to decide where you will store the tokens. You can keep coins on the exchange or transfer them to a decentralized wallet, such as Metamask, Trust Wallet, Cropty and so on.

Where to Buy USDT?

Tether (USDT) is available on almost all cryptocurrency exchanges. Stablecoins are used as a base asset that helps to fix profits and protect funds from market volatility. Here is a list of exchanges where you can buy USDT by Cropty.com:

The Best Exchange to Buy USDT

The most convenient and reliable exchange for buying USDT is Binance. This is the world’s largest cryptocurrency trading platform, with millions of traders from all over the world using it.

Every year, the exchange expands opportunities for buying and selling tokens. For example:

  • In February 2020, Binance added an opportunity for direct purchase of cryptocurrencies using Visa and MasterCard cards through the Simplex payment processor.
  • In October 2020, Binance gave the opportunity to exchange cryptocurrencies for cash at a personal meeting.

It is worth noting that there are 1,382 trading pairs on the exchange, more than 200 of which are associated with USDT.

Besides, you can use Trust Wallet to buy USDT.  It is a user-friendly mobile app that is wholly owned by Binance, so you can find the same trading pairs and networks as on the exchange.

Is It Possible to Buy USDT on Coinbase?

Yes, you can buy USDT on Coinbase, current USDT price on Coinbase is $1. Tether tokens can also be purchased on other exchanges. On the Coinbase exchange, users have the opportunity to trade and exchange USDT for other tokens.

How Do I Buy USDT on Coinbase?

1. Download the Coinbase Wallet

The Coinbase Wallet is available as a mobile application and browser extension.

2. Save the recovery secret phrase

The phrase consists of 12 randomly generated words. With this key, anyone can access the assets, so keep it in a safe place.

3. Transfer ETH to your wallet and buy USDT

After replenishing your wallet, you will be able to trade freely on the market. You can exchange the available ETH on your balance for USDT in the mobile application or browser.

Is It Possible to Buy USDT on KuCoin?

Yes, you can buy USDT on KuCoin, current USDT price on KuCoin is $1. Tether tokens can also be purchased on other exchanges. On the KuCoin exchange, users have the opportunity to trade and exchange USDT for other tokens.

How to Buy USDT on KuCoin?

1. Go to KuCoin and register an account.

Create your own account and verify your identity. Without this, you will not be able to buy cryptocurrency.

2. Go to the “Buy crypto” section and click on “Fast trade”

3. Next, in the first line, choose which cryptocurrency you want to purchase: Tether (USDT). In the second line, enter the amount for which you want to purchase cryptocurrency and the fiat currency that you will pay. The exchange offers more than 30 fiat currencies to choose from.

4. Choose a payment method

Here you can choose a payment method: payment from the balance of your personal account on the exchange, VISA or MasterCard bank card, Bank transfer, transfer from card to card, PAYEER wallet or other wallets.

Depending on the payment method, you need to enter your card details or send a screenshot of the money transfer to a P2P agent. The funds will be transferred to your account no later than 15 minutes.

Is It Possible to Buy USDT on Bitmart?

Yes, you can buy USDT on Bitmart, current USDT price on Bitmart is $1. Tether tokens can also be purchased on other exchanges. On the Bitmart exchange, users have the opportunity to trade and exchange USDT for other tokens.

How to Buy USDT on Bitmart?

  1. Go to Bitmart and create an account
  2. Link your email and confirm your email.
  3. Go to the “Buy/sell” section
  4. Click “Buy”; select the token you want to buy (USDT); select fiat; enter the amount you want to buy for fiat
  5. Choose a convenient payment method
  6. Complete the payment
  7. After the payment is completed, the funds will be credited to the account no later than 15 minutes.

Is It Possible to Buy USDT on Binance?

Yes, you can buy USDT on Binance, current USDT price on Binance is $1. Tether tokens can also be purchased on other exchanges. On the Binance exchange, users have the opportunity to trade and exchange USDT for other tokens.

How to buy USDT on Binance, with BTC, with GBP, with EUR?

1. Go to Binance and register an account.

2. You need to link your email, phone number and confirm your identity.

3. Choose the USDT purchase method.

The exchange offers several purchase options: bank card, bank transfer, P2P and third-party partners.

4. Enter the required amount of USDT and choose your fiat.

The exchange allows you to buy USDT using fiat such as dollars, euros, pounds and so on.

5. Complete the purchase.

6. Depending on the chosen payment method, the system will ask you to confirm the transaction using an SMS code and other methods. The funds will be transferred to your account within 5-10 minutes.

Is It Possible to Buy USDT on Bitforex?

Yes, you can buy USDT on Bitforex, current USDT price on Bitforex is $1. Tether tokens can also be purchased on other exchanges. On the Bitforex exchange, users have the opportunity to trade and exchange USDT for other tokens.

How to buy USDT on Bitforex?

  1. In the “Deposits” section, select the desired cryptocurrency (USDT).
  2. Copy the generated wallet address.
  3. Transfer USDT to it from your main wallet.

Is It Possible to Buy USDT on Gate.io?

Yes, you can buy USDT on Gate.io, current USDT price on Gate.io is $1. Tether tokens can also be purchased on other exchanges. On the Gate.io exchange, users have the opportunity to trade and exchange USDT for other tokens.

How to Buy USDT on Gate.io?

  1. Go to Gate.io.
  2. Go to the “Wallets” section.
  3. Select the desired token (USDT) and click the “Deposit” button.
  4. The system will generate an address to which you need to transfer funds from your cryptocurrency wallet or another exchange.

Is It Possible to Buy USDT on Binance P2P?

Yes, you can buy USDT on Binance P2P, current USDT price on Binance P2P is $1. Tether tokens can also be purchased on other exchanges. On the Binance P2P exchange, users have the opportunity to trade and exchange USDT for other tokens.

How to Buy USDT on Binance P2P?

  1. Go to Binance.
  2. In the upper menu on the left, click on the “Buy cryptocurrency” section and select “P2P”.
  3. Next, configure the parameters for the purchase of tokens. Choose the most suitable of all the options for proposals.
  4. After you have decided – click “Buy USDT”.
  5. Enter the card details and confirm the payment.

Is It Possible to Buy USDT on Whitebit?

Yes, you can buy USDT on Whitebit, current USDT price on Whitebit is $1. Tether tokens can also be purchased on other exchanges. On the Whitebit exchange, users have the opportunity to trade and exchange USDT for other tokens.

How to Buy USDT on Whitebit?

  1. Go to Whitebit.
  2. On the main page, go to the “Spot” section.
  3. Select USDT with the desired network and click “Deposit”.
  4. Copy the received address and send USDT to it.

Is It Possible to Buy USDT on Huobi?

Yes, you can buy USDT on Huobi, current USDT price on Huobi is $1. Tether tokens can also be purchased on other exchanges. On the Huobi exchange, users have the opportunity to trade and exchange USDT for other tokens.

How to Buy USDT on Huobi?

  1. In your personal account, go to the “Balance” section and select the type of account to replenish (currency, margin, and so on).
  2. Select the desired token (USDT), network and click on the “Deposit” button.
  3. Copy the received address and transfer USDT to it.
  4. It is worth noting that the deposit address may come to your mail. Don’t forget to check it out!

Is It Possible to Buy USDT on Hoo?

Yes, you can buy USDT on Hoo, current USDT price on Hoo is $1. Tether tokens can also be purchased on other exchanges. On the Hoo exchange, users have the opportunity to trade and exchange USDT for other tokens.

How to Buy USDT on Hoo?

To make deposits, withdrawals or get acquainted with the payment history, click on the “Asset” button in the upper main menu.

To replenish the wallet, you need to:

  1. Select the desired cryptocurrency or stablecoin on the left.
  2. A QR code will appear on the right side of the screen.
  3. You need to scan it and make a transaction on it from any token source.

Is It Possible to Buy USDT on MEXC?

Yes, you can buy USDT on MEXC, current USDT price on MEXC is $1. Tether tokens can also be purchased on other exchanges. On the MEXC exchange, users have the opportunity to trade and exchange USDT for other tokens.

How to Buy USDT on MEXC?

  1. Go to the “Assets” section.
  2. Find USDT and select the desired token network.
  3. Click on “Deposit” to replenish your balance.
  4. Click on “Get an address” and send USDt to it.

How to Buy USDT with USD?

There are different ways to buy USDT for dollars, but the most popular is P2P trading. It is carried out according to the following scheme:

  1. On the exchange, in the “P2P trading” section, click on “Buy” and select USDT.
  2. Choose USD as the purchase currency.
  3. Choose a suitable offer and payment method.
  4. Complete the transaction together with the P2P agent.

How to Buy USDT TRC-20?

You can buy USDT TRC-20 in your Trust Wallet. To do this you need:

  1. Find USDT TRC-20 in your wallet.
  2. Click “Buy” and choose a convenient payment method.
  3. Complete the transaction.

How to Buy USDT BEP-20?

You can buy USDT BEP-20 on many exchanges or wallets. To do this, follow a simple instruction:

  1. Find USDT in the “Assets” section on the exchange or in the wallet.
  2. Select the BEP-20 network.
  3. Copy the received address and transfer USDT to it.

How to Buy USDT with Credit Card?

Today, many exchanges and crypto wallets support many bank cards, so you just need to enter the card details during payment and the transaction will be successful.

How to Buy USDT with Debit Card?

  1. Link your debit card to your exchange account
  2. Select the desired pair, for example, USDT-USD.
  3. Specify the purchase amount
  4. Confirm the purchase and wait for the transaction to complete.

How to Buy USDT with Cash?

  1. Deposit your cash to the exchange.
  2. Confirm your identity.
  3. Create an order to buy USDT.
  4. Follow the instructions and confirm the transaction.

Should I Buy USDT?

USDT is certainly a reliable stablecoin, the price of which has not changed over the past few years. Despite all the advantages, experts say that in the future the coin may be devalued since the owner company hides some information from users. Tether has already stated that only 74% is backed by dollars and the rest is “other assets”. That is why many people are afraid to buy tokens in large quantities.

USDT, or Tether, is the leader among all stablecoins. The coin is available in the networks of several blockchains, and the crypto community has seen a significant increase in its trading volume over the past few years. This is a profitable asset for trading cryptocurrencies, as it gives traders protection from the market volatility characteristic of BTC and other cryptocurrencies.

For many traders, the USDT cryptocurrency is a way of fixing profits and making convenient transfers without changing the value of assets. Owners of stablecoins have many opportunities and options for passive earnings, which is why people are so actively buying Tether.

How to Invest in USDT?

Investing in Tether means buying one or more USDT tokens, so everyone can easily become a full-fledged investor. There are a huge number of ways to purchase this token, for example:

  • Buy USDT on the crypto exchange.
  • Buy USDT on the P2P platform.
  • Buy USDT on a cryptowallet, and so on.

Where to Buy Tether All over the World?

Where to Buy Tether in USA?

You can buy Tether (USDT) on such exchanges as Binance, Kraken, Crypto.com and so on. It is worth noting that in order to purchase a token, you need to confirm your identity.

How to Buy USDT in New York?

You can buy USDT in New York on Kraken, Coinbase, Binance US, and other exchanges. To do this, you need:

  1. Go to the exchange.
  2. Find USDT and click on the “Deposit” button.
  3. Copy the received address and transfer USDT to it.

How to Buy USDT on Binance in Nigeria?

If you want to purchase tokens in Nigeria, you need to:

  1. Log in to the exchange.
  2. Go to the “P2P trading” section.
  3. Click “Buy” and select the appropriate token value in the USDT/NGN pair.

How to Buy USDT on Binance in India?

  1. Log in your Binance account.
  2. Go to the “P2P trading” section.
  3. Select INR as a payment currency.
  4. Buy tokens in the USDT/INR pair at a suitable rate.

How to Buy USDT in Pakistan?

  1. Register an account and confirm your identity on the exchange.
  2. Go to the “P2P trading” section.
  3. Use PKR as a payment currency.
  4. Choose the most convenient supply of PKR/USDT pairs.
  5. Confirm the transaction with your P2P-agent.

How to Buy USDT in Canada?

In Canada, you can buy USDT on NDAX, Binance, Coinbase, and other exchanges. To do this, you need to follow the rule below:

  1. Log in/register an exchange account.
  2. Confirm your identity.
  3. Go to the “P2P trading” section.
  4. Click on the “Buy” button and choose the best offer among CAD/USDT pairs.
  5. Your P2P agent will help you complete the transaction.

How to Buy USDT in Binance Philippines?

  1. Go to Binance homepage.
  2. Log in your account or create a new one.
  3. Confirm your identity.
  4. In the “P2P trading” section use PHP as a payment currency.
  5. Choose the most convenient supply among PHP/pairs and complete the transaction.

How to Buy USDT in Australia?

There are a lot of ways to buy Tether (USDT) in Australia. To make the transaction easier, many users follow the rule below:

  1. Register on the exchange, such as Coinbase, Binance, ByBit, and so on.
  2. Verify your identity.
  3. Go to the “P2P trading” section.
  4. Choose a P2P-agent based on the proposed exchange conditions.
  5. Complete the purchase of USDT for AUD.

How to Get USDT on the Polygon Blockchain?

To send USDT to the Polygon network, you need to follow the instructions below:

1. Buy USDT on any exchange.

Exchanges like Binance, ByBit, OKX, and other offer a wide variety of ways to buy USDT, so it shouldn’t be a problem.

2. Add USDT Token on Your Metamask

Make sure you’ve added the token on the BSC network. To do this, import USDT using the contract address – 0xdac17f958d2ee523a2206206994597c13d831ec7

3. Withdraw USDT from the exchange to your Metamask

Bridge Your USDT Tokens to Polygon

To do this, you need to use the xPollinate service.

Buy USDT with PayPal

To buy USDT with PayPal follow the next steps:

  1. Sign up for an account or sign in to your PayPal account.
  2. In the line cryptocurrency select USDT .
  3. Select “Buy” and enter the amount of USDT you want to get.
  4. Select the payment method and click on “Buy” button.

Buy USDT with Credit Card

To buy USDT with a credit card follow the next steps:

  1. Visit a cryptocurrency exchange.
  2. Create an account.
  3. Verify your identity.
  4. Select the amount of USDT you want to buy.
  5. Enter your credit card information.
  6. Confirm the transaction.

Buy USDT with Debit Card

To buy USDT with a debit card follow the next steps:

  1. Visit a cryptocurrency exchange.
  2. Create an account.
  3. Verify your identity.
  4. Select the amount of USDT you want to buy.
  5. Enter your debit card information.
  6. Confirm the transaction.

How to Sell USDT in USA?

The best way to sell USDT in the USA is through a cryptocurrency exchange. Select a suitable trading pair, and place a sell order. Once the order is filled, you will receive the funds in the local currency.

Do I Need to Sell USDT Tokens?

1) USDT is an absolutely unpredictable and strange token. Despite the stability in recent years, the media has increasingly begun to say that the project developers are hiding information about the coin. If all the rumors turn out to be true, the token will inevitably collapse and users’ funds will be completely devalued.

2) USDT is a reliable and promising token that is 100% backed by US dollars and other assets. The market capitalization of Tether has tripled over the year, which indicates the prospects for price growth in the future.

3) Tether (USDT) continues to grow in capitalization and occupies a confident third place in the list of the most popular tokens. USDT can be a great example of the transition from a stablecoin to an altcoin, so users try to invest as much money as possible.

Tether Staking

Staking is the process of blocking crypto assets in order to receive a reward. This method of passive income is compared with a traditional bank deposit, because the remuneration system in both variants is very similar.

There are several ways for users to participate in staking. These include staking on a cryptocurrency exchange and joining a betting pool.

The best exchanges for staking and passive earning of USDT are characterized by a variety of offers and high profitability. Here is a list of crypto exchanges that provide the possibility of USDT staking:

ExchangeKYCAPYPeriod
ByBit+up to 10 %Fixed/flexible
Binance+up to 8 %Flexible
Crypto.com+up to 8 %Fixed/flexible
Gate.io+up to 7,5%Fixed/flexible
KuCoin+up to 10%Fixed/flexible

Tether Farming

Farming in crypto is a process by which people can earn rewards for providing liquidity to decentralized networks and applications. It involves staking or locking up tokens in a specific protocol and receiving a percentage of all fees generated in the network as rewards.

This process is done on various DeFi platforms and protocols, such as Uniswap, Compound, and Synthetix, among others. It is an especially attractive option for people looking to earn passive income, as it requires minimal effort and offers a steady stream of income.

Additionally, the rewards earned through farming can be quite lucrative, depending on the specific network and the amount of tokens locked up.

Unfortunatelly, there is no Tether farming. The main reason why there is no Tether farming is because the Tether project does not enable users to earn rewards in exchange for holding Tether tokens. Instead, Tether is a stablecoin that is pegged to the US dollar and is intended to be used as a safe-haven asset and a medium of exchange. As such, it is a digital currency that is not designed to generate returns for holders, hence the lack of Tether farming.

Although many will pay you interest just for storing Tether on their platform. Tether will typically earn more interest than other popular stablecoins like GUSD, USDC and DAI because of its high demand in trading and cryptocurrency loans.

Tether Bridge

Today there are many different ways to transfer USDT from one network to another. To do this, people use special bridges that connect isolated blockchains.

To use cross-bridges, you need to connect to them a Web 3-wallet, for example MetaMask. After sending funds through a decentralized application, they will be credited to the user’s account in another blockchain.

Examples of such bridges are Cbridge, Connext and Sideshift. The principle of operation of cross-chain bridges is as follows:

  1. On the main page of the platform, select the token (USDT) that you want to transfer to another network.
  2. Select the network to which you want to transfer USDT.
  3. Enter the address to which you are transferring tokens.
  4. Complete the transaction.

It is worth noting that such platforms charge a commission for transfers, so there should be BNB tokens at the first address.

How to Borrow USDT?

This is the process of obtaining a USDT loan:

  1. Choose the appropriate platform and register.
  2. Confirm your identity.
  3. Set up loan conditions:
  4. Loan amount
  5. Desired token (USDT)
  6. Loan terms
  7. The size and type of collateral
  8. Send the required amount of collateral.
  9. The borrowed funds will be credited to your account.

The best platforms for USDT lending are:

PlatformLoan TermLTVMinimum AmountARP
Nexo1 year20-50%$1.00012%
CoinLoan1 yearup to 70%$5011.95%
Unchained Capital60 monthsup to 50%$10015.65%
SALT Lending1 year30-50%$5.0009.99%
Croptyflexibleup to 80%$19%

Best USDT Wallets

Like any other digital assets, Tether (USDT) needs to be stored somewhere. To do this, you will need to create a crypto wallet that will allow you to carry out operations with Tether, exchange it for other cryptocurrencies or fiat.

Here is a list of the most popular and reliable wallets for storing USDT:

EtherWallet

This is a web wallet for storing cryptocurrency on the ERC-20 network. The main advantages of the wallet are:

  • Availability of a mobile application
  • Possibility of replenishment from a bank card
  • Software and hardware access to funds

MetaMask

MetaMask is a non–custodial (over-the-counter) crypto wallet that allows you to receive, store, and send cryptocurrency assets. The main features of the wallet are:

  • Exists as an extension for Google Chrome and a mobile app.
  • USDT can be stored in different networks (BEP-20, ERC-20, TRC-20, and so on).
  • User-friendly modern interface.

Trust Wallet

One of the most popular crypto wallets has the following features:

  • Decentralized application for mobile devices.
  • High security level.
  • Convenient operation and configuration. It is very easy to add new tokens in various networks to the Trust Wallet.
  • Huge selection of tokens.

Exodus

Exodus is a wallet for storing USDT and many other popular cryptocurrencies. Its popularity is determined by the following factors:

  • A large selection of tokens.
  • There are versions for PC and mobile devices.
  • High level of anonymity and security.
  • The support service works around the clock.

SafePal

SafePal is a very young project that was shown at the Binance presentation in February 2021. Users are attracted by the following advantages:

  • Both hot and cold cryptowallet formats.
  • Availability of a mobile application.
  • The hardware version of the wallet is a tablet with a small screen.
  • 32 popular blockchains and many tokens, including USDT.

Cropty

Cropty is a brand new custodial crypto wallet that helps you to store, send and receive your crypto easily. The wallet has many attractive features:

  • Supports both EVM and non-EVM chains.
  • Available for iOSAndroid mobile phones and any browser.
  • If you’re sending crypto via e-mail, phone number or nickname, fee will not be charged.
  • Receive, send and store your cryptocurrency anonymously, it is not required any identity verification.
  • Convenient and intuitive interface.
  • Holds and stores your credentials safely under end-to-end encryption.

How to Add USDT to MetaMask?

Here is a step-by-step instruction on how to add Tether (USDT) to your MetaMask:

  1. Go to your MetaMask and click on the “Import tokens” button at the very bottom.
  2. Next, you will be taken to the token search page, where you must select “Custom token”.
  3. In the “Token Address” field, enter the address of the USDT token contract – 0xdac17f958d2ee523a2206206994597c13d831ec7. Then click on the “Import” button.
  4. Congratulations! The USDT token is now available on your Metamask.

How to Add USDT to Bitmart?

To put USDT on Bitmart you need:

  1. Go to Bitmart and log in to your account.
  2. If you don’t have an account, create a new one and confirm your identity.
  3. In the “Spot” section, select the desired coin (USDT) and click “Deposit”.
  4. Also, don’t forget to choose the right network (ERC-20, BEP-20, and so on), otherwise you may send money to the wrong address.
  5. Get the address of your wallet.
  6. After selecting a token, the system will automatically generate your USDT address.
  7. Transfer USDT to your account.
  8. Enter the received address to the sender’s wallet and transfer USDT.

How to Add USDT to KuCoin?

  1. Go to KuCoin and log in to your account.
  2. On the main page, go to the “Asset” section and click on the “Deposit” button.
  3. Select the desired token (USDT) and network.
  4. Copy the received deposit address.
  5. Deposit USDT to the relevant KuCoin account.

How to Add USDT TRC-20 to Trust Wallet?

  1. Go to the Trust Wallet.
  2. At the bottom, click on “Add Token”.
  3. Find USDT TRC20 in the search and turn it on.
  4. USDT with the desired network displayed on the main screen.
  5. Click on Tether and get your deposit address for USDT TRC-20.

NFT Tether

The creators of the USDT token did not issue the NFT, but virtual images began to appear on the market more and more often on behalf of users. For example, At the Open Sea site, you can find an NFT that combines the Tether logo and a character from the CryptoPunks collection. Moreover, there is an NFT called “Tethereum” on the same site. The picture shows the letter “T” with the author’s design, which resembles a USDT token.

It is worth noting that you will not be able to buy NFT for USDT because many blockchain networks do not support such transactions. Most often, the token is used as a measure of value.


Not an individual investment recommendation