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Cryptocurrency profile · USDT

Tether

Tether

$0.9993 USD

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Market cap rank
3
Market cap
183,331,971,523
Circulating supply
183,442,587,855
Max supply
—

About Tether

Tether (USDT) is a cryptocurrency designed to maintain a value equivalent to the U.S. dollar, functioning as a stablecoin. It aims to provide stability in the volatile cryptocurrency market and offer liquidity to exchanges that face challenges with traditional banking. Tether converts cash into digital currency, tethering its value to national currencies like the USD, Euro, and Yen. It operates on blockchain technology and claims to be 100% backed by USD held in reserves. The primary use of Tether is to facilitate trading and transfers on exchanges, allowing users to move fiat in and out more quickly and cheaply, and to circumvent banking issues. Tether is issued by Tether Limited, a company incorporated in Hong Kong and governed by British Virgin Islands law. It is widely used on exchanges like Bitfinex, Poloniex, and Bittrex to purchase other cryptocurrencies. Tether can be transferred to Omni Layer enabled wallets, and conversions between USDT and USD are possible through the Tether.to platform, with fees for such conversions.

  • Tether is the most popular stablecoin and acts as a dollar replacement on many exchanges.
  • Tether Limited is incorporated in Hong Kong and governed by the laws of the British Virgin Islands.
  • The CEO of Tether Limited, Jan Ludovicus van der Velde, is also the CEO of Bitfinex, an exchange accused of price manipulation.
  • Tether claims to be 100% backed by USD held in reserve.
  • Tether has no transaction fees, though external wallets and exchanges may charge fees.

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Mid-market rate 1 USDT = 0.9993 USD via coingecko · 30s ago Offers updated 30s ago

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Exchange Price
Kraken Best rate CEX · 30s · Bank transfer · SWIFT Transfer · SWIFT (Bank Frick) · Bank Frick 0.9991 USD Buy
Kraken CEX · 30s · Bank transfer · SWIFT Transfer · SWIFT (Customers Bank) · Customers Bank 0.9991 USD Buy
CEX.IO CEX · 30s · Card · Mastercard
Funding conditions
  • CARD DEPOSITS Countries where card payments aren’t available: Afghanistan, Algeria, Bangladesh, Bolivia, Bosnia and Herzegovina, British Virgin Islands, Burundi, Cambodia, Central African Republic, China, Cuba, Democratic People's Republic of Korea (DPRK), Democratic Republic of the Congo, Ethiopia, Guam, Guinea Bissau, Guyana, Iran, Iraq, Japan, Lao People's Democratic Republic, Lebanon, Libya, Mali, Morocco, Nepal, Pakistan, Puerto Rico, Somalia, South Sudan, Sudan, Syria, Trinidad and Tobago, Tunisia, Uganda, United States Virgin Islands, Vanuatu, Venezuela, Yemen, Zimbabwe.
  • New customers (under 3 months from the identity verification) have a maximum daily limit of $1,000 and a maximum monthly limit of $3,000. After 3 months applied standard payment method limits.
  • Varies by provider and country, please check before a transaction.
 1.00 USD Buy
CEX.IO CEX · 30s · Card · Visa
Funding conditions
  • CARD DEPOSITS Countries where card payments aren’t available: Afghanistan, Algeria, Bangladesh, Bolivia, Bosnia and Herzegovina, British Virgin Islands, Burundi, Cambodia, Central African Republic, China, Cuba, Democratic People's Republic of Korea (DPRK), Democratic Republic of the Congo, Ethiopia, Guam, Guinea Bissau, Guyana, Iran, Iraq, Japan, Lao People's Democratic Republic, Lebanon, Libya, Mali, Morocco, Nepal, Pakistan, Puerto Rico, Somalia, South Sudan, Sudan, Syria, Trinidad and Tobago, Tunisia, Uganda, United States Virgin Islands, Vanuatu, Venezuela, Yemen, Zimbabwe.
  • New customers (under 3 months from the identity verification) have a maximum daily limit of $1,000 and a maximum monthly limit of $3,000. After 3 months applied standard payment method limits.
  • Varies by provider and country, please check before a transaction.
 1.00 USD Buy

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