Tether (CURRENCY:USDT) traded up 0.6% against the US dollar during the 1-day period ending at 13:00 PM Eastern on January 29th. Over the last seven days, Tether has traded 1.1% lower against the US dollar. Tether has a total market capitalization of $2.26 billion and $2.07 billion worth of Tether was traded on exchanges in the last day.
One Tether token can currently be bought for approximately $0.
99 or 0.00008827 BTC on popular cryptocurrency exchanges including Coinbene, Bittrex, ZB.COM and Bitfinex.
Here is how similar cryptocurrencies have performed over the last day: Get Tether alerts: Ripple (XRP) traded up 2.
4% against the dollar and now trades at $1.35 or 0.00011973 BTC. Stellar (XLM) traded down 6.
8% against the dollar and now trades at $0.59 or 0.00005229 BTC. NEO (NEO) traded up 7.6% against the dollar and now trades at $160.64 or 0.01428270 BTC. IOTA (MIOTA) traded up 1% against the dollar and now trades at $2.
51 or 0.00022289 BTC. TRON (TRX) traded 1.5% lower against the dollar and now trades at $0.0650 or 0. 578 BTC.
VeChain (VEN) traded down 2.7% against the dollar and now trades at $6.
57 or 0.00058447 BTC. Populous (PPT) traded 2.
4% lower against the dollar and now trades at $68.31 or 0.00607379 BTC. Binance Coin (BNB) traded 3.8% lower against the dollar and now trades at $12.
94 or 0.00115084 BTC.
Status (SNT) traded down 1.6% against the dollar and now trades at $0.30 or 0.00002670 BTC. Walton (WTC) traded 9.9% higher against the dollar and now trades at $39.
49 or 0.
Tether Token Profile Tether was first traded on June 10th, 2014. Tether’s total supply is 2,250,000,000 tokens and its circulating supply is 2,278,090,824 tokens.
Tether’s official Twitter account is @Tether_to . Tether’s official website is tether.to .
According to CryptoCompare, “USDT is a cryptocurrency asset issued on the Bitcoin blockchain via the Omni Layer Protocol.
Each USDT unit is backed by a U.S Dollar held in the reserves of the Tether Limited and can be redeemed through the Tether Platform. USDT can be transferred, stored, spent, just like bitcoins or any other cryptocurrency. USDT and other Tether currencies were created to facilitate the transfer of national currencies, to provide users with a stable alternative to Bitcoin and to provide an alternative for exchange and wallet audits which are currently unreliable.
USDT provides an alternative to Proof of Solvency methods by introducing a Proof of Reserves Process. In the Tether Proof of Reserves system, the amount of USDT in circulations can be easily checked on the Bitcoin blockchain via the tools provided at Omnichest.info, while the corresponding total amount of USD held reserves is proved by publishing the bank balance and undergoing periodic audits by professionals.
Tether Token Trading
Tether can be traded on the following cryptocurrency exchanges: Poloniex, OKEx, ZB.
COM, Coinbene, Kucoin, Liqui, Gate.io, Bibox, HitBTC, Bittrex, Kraken, Bitfinex, EXX, Cryptopia, Coinut, Huobi, Tidex, Upbit, Exmo and Binance.
It is not currently possible to buy Tether directly using US dollars. Investors seeking to acquire Tether must first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, GDAX or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Tether using one of the aforementioned exchanges. Receive News & Updates for Tether updates for Tether and related cryptocurrencies CryptoBeat newsletter .