Tether (USDT) is a token TetherUSD (hereinafter referred to as USDT) based on the stable value currency US dollar (USD) launched by Tether. 1USDT=1 USD, and users can use USDT to exchange 1:1 with USD at any time. Tether strictly abides by the 1:1 reserve guarantee, that is, for every USDT token issued, its bank account will be guaranteed with 1 USD of funds. Users can conduct fund inquiries on the Tether platform to ensure transparency.
Tether is a virtual currency pegged to the fiat currency U.S. dollar. Each Tether will be symbolically tied to a government-backed fiat currency. Tether is a virtual currency kept in a foreign exchange reserve account and backed by fiat currency. This method can effectively prevent large price fluctuations of cryptocurrencies. Basically, the value of one Tether is equivalent to 1 USD.
Investors in the currency circle often need to buy some USDT before conducting currency transactions. Many exchanges can buy USDT. 8V exchange is one of them. 8V exchange is one of the digital currency exchanges with the largest trading volume. First, 8V supports fast transactions of Tether (USDT), Bitcoin, etc., you can buy coins with credit cards, and even support OTC transactions over the counter. It is very convenient for beginners to use RMB to buy digital currencies such as Bitcoin, Ethereum, and USDT. So how to buy USDT? Let Xiaobian bring you a full tutorial on buying and selling USDT on the 8V exchange.
How does 8V buy USDT?
1. Open the 8V official website, if you don't have an account, you can click here to register a new account, click to buy coins and then complete the follow-up instructions.
2. Click buy, select the merchant you want to trade, (pay attention to the USDT unit price, the USDT unit price of different merchants will be different)
3. Fill in the amount you want to buy and you will get the corresponding amount of USDT, click the "Buy USDT" button, and enter the next "Order Payment" page.
Fourth, you only need to pay the seller according to the payment method on the page. After payment, click "I have paid successfully" to wait for the seller to release the coins. If you have any questions, you can also consult the platform customer service.
To sum up, this is the editor's detailed recommendation on how to buy USDT on 8V and an introduction to the entire tutorial on how to buy and sell USDT on the 8V exchange. As a stable currency, USDT's main function is that it can avoid the overall downside risk. In addition, you can also withdraw digital currency in reverse. The USDT company said that investors can wire US dollars to Tether's bank account through SWIFT, or through Bitfinex Exchange for USDT. If you make a lot of money and want to withdraw money, you can first convert the currency in your hand to USDT, and then convert it to US dollars through Tether or other platforms.