What is the USDT?
The Tether dollar (USDT) is Tether USD (USD) based on the stable value of USD (USD). The USDT is USDT, USDT=1 USD, and the user can use USDT to make 1:1 exchange with USD at any time. Tether strictly abides by a 1:1 reserve guarantee that every one USDT is issued with $1 guarantee for its bank account.
The biggest feature of the USDT is that it is equivalent to the same amount of dollars, and one USDT= $1. Make it a good hedge currency in volatile cryptocurrency markets.
Advantage 1: real stable currency, safe haven
Every time you run into the extreme of a big correction in the digital asset market, all traders and investors are looking for a stable currency, and the USDT is just such a stable currency.
Digital assets is a market return and risk is extremely high, played the currency and the Wright, etheric fang these currency investors, such as stocks, funds, P2P investments within it is difficult to have so big fluctuations. In coin trading, there are three common situations in which the ETH/BTC transaction is taken as an example:
After buying ETH with BTC, both BTC and RTH are up and you enjoy two benefits.
With BTC to buy ETH, BTC and ETH go up and down, and your income depends on the fluctuation of two currencies, which is bigger. If any one of these gains is greater than the other, it is earned. Anyway, it's a loss. If the rise or fall is equal, you will not earn nothing.
After buying ETH with BTC, the extreme situation, both currencies are falling, you need to take two losses. This is often the most unkind.
Advantage 2: make the coin more intuitive
Because the USDT is equivalent to the dollar, 1USDT=1 dollar. Each currency = how much USDT, which is how much the unit price is. Currently, the major international support for the USDT transaction includes: Poloniex, bit-z, Bitfinex, Kraken, etc.
Official website: https://tether.to/