The popularity of cryptocurrencies is growing rapidly, and with it, the volume of the digital asset market. Financial analysts agree that this is the future. Modern technologies have opened up almost limitless opportunities for people in doing business, making instant mutual settlements, regardless of the participants’ location. Investor interest is also growing, but high risks are holding them back. Conventional cryptocurrencies are too subject to volatility.
Stablecoins were created to increase reliability and ensure stability. The most popular among them is Tether. Those interested in this crypto investment tool can acquire it by transferring BYN from Visa and MasterCard to Tether TRC20 (USDT).
More about the attractiveness of Tether and investing in it
Stablecoins are digital assets backed by fiat money. The Tether USDT stablecoin in the TRC-20 network is collateralized by US dollars. It is a digital version of the American national currency, which possesses the unique capabilities of virtual funds but is not susceptible to sharp price changes.
After analyzing the dynamics of the USDT rate over the past year, we note a real desire for a 1:1 ratio with the dollar. The price of the token ranged from 0.98 to 1.012 USD. Due to the minor deviations, the advantage of investing in Tether becomes obvious.
Stablecoins are excellent for use in trading operations. It is cheaper to work with them than with Bitcoins or Ethereums. Tether is convenient for financial transfers as they are easier and faster. Some of the advantages include:
- Significant savings on commissions charged for transactions.
- The ability to circumvent restrictions imposed by the banking system on unregulated trading platforms.
Buying a stablecoin with a bank card
Due to the high popularity of Tether TRC-20 (USDT) as an investment instrument and predictably the most reliable digital asset in 2022, many exchanges and exchangers offer it for purchase.
For beginners entering funds into the system for the first time or purchasing USDT to make mutual settlements with a foreign partner, it is better to use exchangers. They specialize in converting all types of currencies and accept payments through Visa, MasterCard, debit, and credit cards.
Buying crypto from an online exchange is a simple procedure that can be done in a few clicks. You need to:
- Go to the exchanger.
- Fill out an application and provide the details for the token transfer.
- Pay for it (transfer money from a ruble bank card to an exchanger’s credit card).
- Receive USDT in your wallet.
Important! When investing, you should take care of the wallet by choosing the optimal type of storage. It should be convenient, reliable, confidential, and secure.
