Tether (USDT) Trading Up 0% This Week

Tether (USDT) traded up 0% against the US dollar during the 24 hour period ending at 11:00 AM ET on June 18th. During the last seven days, Tether has traded up 0% against the US dollar. One Tether token can now be purchased for $1.00 or 0.00001544 BTC on major exchanges. Tether has a total market capitalization of $112.51 billion and $78.42 billion worth of Tether was traded on exchanges in the last 24 hours.

Here is how similar cryptocurrencies have performed during the last 24 hours:

  • KILT Protocol (KILT) traded 6.4% lower against the dollar and now trades at $0.21 or 0.00000322 BTC.
  • Aidi Finance (BSC) (AIDI) traded down 2.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Zoo Token (ZOOT) traded 2.2% lower against the dollar and now trades at $0.0652 or 0.00000239 BTC.
  • CareCoin (CARES) traded 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
  • Kitty Inu (KITTY) traded 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 BTC.
  • Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
  • Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
  • Lumi Credits (LUMI) traded down 2% against the dollar and now trades at $0.0102 or 0.00000016 BTC.
  • AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

Tether Profile

Tether was first traded on October 6th, 2014. Tether’s total supply is 116,084,537,291 tokens and its circulating supply is 112,552,589,019 tokens. Tether’s official website is tether.to. Tether’s official Twitter account is @tether_to and its Facebook page is accessible here.

According to CryptoCompare, “Tether (USDT) is a stablecoin, a digital currency that is pegged to the value of US dollar. It is issued by a centralized company called Tether and is used to minimize volatility in an investor’s portfolio. It is also widely accepted as a payment method and is supported on multiple blockchains. USDT is often used in conjunction with cryptocurrency debit cards and is popular in the decentralized finance (DeFi) space for lending and borrowing. It is the third-largest cryptocurrency by market capitalization and is backed by reserves in cash and cash equivalents, allowing token holders to redeem their USDT for USD. Tether has also issued other stablecoins pegged to the value of other fiat currencies and commodities, such as the Chinese Yuan, the Euro, and gold.”

Tether Token Trading

It is usually not presently possible to buy alternative cryptocurrencies such as Tether directly using US dollars. Investors seeking to trade Tether should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, GDAX or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Tether using one of the aforementioned exchanges.

Receive News & Updates for Tether Daily - Enter your email address below to receive a concise daily summary of the latest news and updates for Tether and related cryptocurrencies with MarketBeat.com's FREE CryptoBeat newsletter.