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).
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:
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:
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.
Key Takeaways: Identify your learning style (auditory, visual, kinesthetic) to tailor study strategies effectively. Implement…
In the world of storage and organization, boltless shelving has emerged as a popular and…
TelcoVAS, a leading provider of telecommunications value-added services, has introduced its 5G Core solution, a…
Science slot has always been a genre that challenges our understanding of reality, exploring the…
The digital world is a significant part of modern society, therefore, managing one’s online reputation…
Relocating can be a complex and stressful process, whether you’re moving across town or across…
This website uses cookies.