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TETHER .. Digital Dollar .. What is the method of buying USDT

2018-05-23 09:00 pm | Resource: Crypto Section | No Views : 584

TETHER .. Digital Dollar .. What is the method of buying USDT TETHER .. A new digital currency symbolized by the USDT, which allows to store, send and receive digital symbols associated with the dollar, euro and yen at all levels, very quickly and safely, in exchange for a small part of the cost, it is a currency that converts the digital currency To the price of the conventional currencies, and we will know through this report what the currency, and the most important features, and how to make their own purchase, and the current price in the market.

What is the currency of Tether?

It raises a digital currency that benefits from the blockchain technique, which converts the currency to the price of the conventional currencies such as the Euro, the Dollar, the Yen and other currencies, turning the dollar into a digital currency.
It is considered to be a vertical currency or is linked to recognized global currency currencies and therefore protects investors from the risk of currency volatility and is designed to be fully transparent at all times.

How does Tether work?

 Tether
Tether is found on the blockchain through the Omni protocol, an open-source program that interacts with the blockchain, to allow the release and retrieval of the therapeutic cues.
Tether currencies are backed up 100% by the actual currency assets of the reserve account and are interchangeable and disbursed according to the Tether Limited Terms of Service. The conversion rate is US $ 1 ₮ equals US $ 1.
The Tether platform is fully booked when the sum of all traded currencies is greater than or equal to the balance of the paper currency in the reserve account, and anyone can access the Transparency page to display these numbers in real time.

Support traditional currencies

Tether initially supports the US Dollar (USD), the Euro (EUR), and soon the Japanese Yen (JPY). The pegs of the peg are US $ ₮, Euro ₮, and Yen ₮.

Security

Tether was built on the top of the open and revolutionary blockchain technology, which is securely encrypted and adheres to strict government security and protection laws and regulations.
All currencies are linked in one-to-one with a matching Fiat currency (for example, US $ 1 = US $ 1) and are backed by 100% of the actual assets in the reserve account.
The currency can be stored securely, sent and received through the blockbuster, and can be redeemed in cash (principal asset) according to the Tether Limited Terms of Service.
If you use Poloniex or Bittrex, you may have seen the UDST code a few times and may use it regularly. However, some may not quite realize what USDT really is and how it works.
USDT is one of the originals of digital currencies exported on the blockchain bitcoin via the Omni Layer Protocol. Each USDT unit is supported by the USD currency stored in the Tether Limited reserve and can be redeemed through the Tether platform.
USDT can be moved, stored or spent, just like bitcoin or any other currency, users can handle and store with any available Omni Layer wallet such as Ambisafe, Holy Transaction or Omni Wallet.
Tether
USDT was created to facilitate the transfer of national currencies, to provide users with a static alternative to bitcoin, and to provide an alternative to stock checks and portfolio that is currently unreliable. USDT provides an alternative to solvency proofing methods by providing a verification process for reserves.
In the inventory verification system, the amount of USDT can be easily examined on blockchain Bitcoin through the tools available at Omnichest.info, while the total amount corresponding to the US Dollar Reserve proves to be published by the bank balance and is subject to periodic scrutiny by specialists.
One can check USDT in trading here. The total number of USDT rolling at any time is defined as TUSD. The USDT must always be in line with the USD amount in the bank account that Tether Limited uses to receive and send paper currency to users who buy / retrieve TETER directly on the TETER platform.
To prove that the USD amount in the bank account is the same or more than USDT in circulation, Tether Limited publishes the balance of the bank account on the Transparency page on its website. Professional auditors regularly check, record and publish the bank's balance sheet and financial transfer statement.

Features of Tether?

USDT
  • Stable currency: Tether converts money into a digital currency, consolidating or linking value to the price of national currencies such as the US dollar, the euro and the yen.
  • 100% backed up: Each currency is always backed by 1 to 1, in the traditional currency in the reserve, so $ 1 is always US $ 1.
  • Transparency: Backup holdings are published daily and subject to frequent professional audits, as all of the digitized coins are always in line with the reserves.
  • Blockchain Technology: The Tether platform is built on the top of open blockchain technologies, taking advantage of the security and transparency it provides.
  • Widely integrated: Tether is the most widely integrated digital currency today. Buy, sell and use in Bitfinex, Shapeshift, GoCoin, and other exchanges.
  • Safe: Tether technology, which supports blockchain technology, provides global safety while adhering to international compliance standards and regulations.

Reasons for using Tether

Whatever you can do with digital currencies, you can do now. 
TETER USE

BLOCKCHAIN COMPANIES

  • Offer your services in a variety of digital currencies.
  • Select prices for goods and services in a currency familiar to your customers.
  • Reduce operating costs and periods by bypassing financial institutions.

Exchange platforms

  • Tether was used as an alternative to deposit and withdrawal methods in the traditional currency.
  • Secure and manage client assets purely through encryption.
  • Reconcile balances between exchanges in a much easier way at the moment.

Individuals / Traders

  • Around the currency between platforms and portfolios smoothly.
  • Strengthen the currency exchange strategy.
  • Be the guardian of your own money and eliminate the risks of exchange.

How to buy Tether?

USDT is very simple to use, once on exchange exchanges such as Poloniex or Bittrex, it can be used to buy bitcoin or any other digital currency and can be easily transferred from exchange to any possible Omni Layer wallet.
Tether does not share any transaction fees, although external portfolios and external exchanges may charge a single fee, convert USDT to USD and vice versa through the Tether.to platform, users must pay a small fee.
Tether can be sold and bought by a variety of exchanges such as those already mentioned or through the Tether.to platform, which also allows the conversion of the US dollar to and from your bank account.
We will show you how to use the Tether.to platform as follows:

Part One Create an account with Tether.io

Step 1: Click here to go to Tether.to.
Step 2: Click "Register" to create an account.
The second step
Step 3: Fill in your personal information and click "Create account."
The third step
Step 4: Create your account. To use it, you must enable dual authentication, which will also add an extra layer of security to your account. Click the Security Page.
The fourth step
Step 5: Choose the method to activate 2-FA, we will choose "Google Authenticator".
Step Five
Step 6: Clear the QR code (1) or type the code (2) in Google Authenticator.
Step 6
Step 7: You will be given a symbol (which changes each time). Type the code in and click "Enable."
Step Seven
2-FA is now active. You'll need to access your phone to your account, so make sure it's not lost.
Step Eight
Step 8: Now go to your email address and click on the activation link sent by Tether.
Your email will be confirmed

Part Two: Verify Your Identity

To deposit or withdraw the USD, you must first pass the verification process
Step 1: Click "yourusername" in the top right corner.
The first step
Step 2: Click "Verify."
The second step
Step 3: Choose Individual Verification.
The third step
Step 4: Now scroll down. Take some time to read the information displayed as it will help in the verification process.
Step 5: Click "Continue to Individual Verification."
Step Five
Step 6: Complete all the sections presented for your complete analysis. Click "Start" to start each partition.
Step 6

Part three: Send / Receive / Withdraw

Sending and receiving USDT is very simple. You will be given the title of the Bitcoin wallet that you can use to receive USDT funds. All you need to do is go to "Add money."
The first step
You'll see a wallet address that can be used to receive USDT or Bitcoin.
The second step
To receive funds from your bank account, click on "Bank Box" and follow the instructions.
The third step
To send USDT or bitcoin, simply go to "Send Money".
The fourth step
Then simply enter the address of the bitcoin and the amount of USDT you wish to send.
Step Five
To transfer and send USDT to your bank account, click on "Withdraw" and follow the instructions shown.
Step sex
Finally, you can also convert bitcoin to USDT and vice versa. Simply click "Convert" and follow the displayed instructions.
That's it! You can now use USDT freely. Remember that to convert USDT to USD and vice versa, you need to verify your account.

Mining

You cannot mine to tether coin, because the mining process runs counter to currency targets, and their nature is always linked to the value of the US dollar.

The value of tether

The USDT is equal to one US dollar, which is equivalent to 0.00012208 bitcoin, and OMNI 0.03358920.
The march of Tether in 2018 so far
As for the market value of the currency, the Coinmarketcap website notes that the currency, which ranked 15th in the order of the digital currency, has a price tag of $ 2,510,801,239, which is equivalent to 306,069 bitcoin and OMNI 84,212,854.

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