Tether (USDT) is a stablecoin designed to maintain a 1:1 value with the US dollar. This means each USDT token is intended to be equivalent to one US dollar, providing a stable value for users.
Fully Backed by Assets
USDT is backed by reserves that include traditional currency, cash equivalents, and other assets held by Tether Limited. These reserves ensure the stability and trustworthiness of USDT. The reserves are published and updated regularly to maintain transparency.
Blockchain Compatibility
Initially launched on the Bitcoin blockchain via the Omni Layer, USDT is now available on multiple blockchains including Ethereum, Tron, Algorand, Solana, and more. This wide compatibility makes USDT versatile and accessible across different blockchain platforms.
Widely Accepted and Trusted
USDT is one of the most widely used stablecoins, trusted by many for its consistent value and extensive use in trading and transactions. It is a preferred choice for traders to move funds between cryptocurrencies and fiat currencies without exposure to volatility.
For the most current information on our pricing, including crypto processing fees, swaps, and fiat on/off-ramping, please refer to our detailed pricing page here. We ensure transparent and up-to-date details to help you make informed decisions.
How quickly does KYC verification happen?
KYC verification for on/off ramp is quick, taking only a few minutes. You’ll need to provide personal information, ID documents, and a selfie.
How long does it take to receive money in my bank when I sell crypto?
The processing time varies by location. In Europe and the UK, it typically takes 1-2 working days. For transactions outside these regions, international bank transfers can take up to 3-5 working days.
Is there a limit on how much I can buy or sell?
You can purchase crypto using a card up to a limit of around $10,000. There is no minimum amount required, but there will be a minimum fee specified in the quotation.
Besides card payments, are there other ways to buy crypto?
Initially, only card payments are accepted, but soon Apple Pay, Google Pay, Bank Transfer, and more methods will be available.
