Tether crypto is the creator of USDT, the first and most used stablecoin. The network now supports four stablecoins: USDT (pegged to the U.S. dollar), CNHT (pegged to the Chinese Yuan), EURT (pegged to the Euro), and XAUT (pegged to 1 oz. of gold).
Being pegged to an asset means that the cryptocurrency always aims to be the exact value of the physical asset; therefore, one USDT always tries to be the same value as one USD.
Stablecoins are widely used today to hold assets in a stable, non-volatile position on a blockchain. They are also being adopted for everyday payments, as businesses can know the exact amount of funds they are getting for a purchase.
How To Buy Tether or Add it to your strategy
The fastest, most convenient way to purchase Tether is to purchase it on ICONOMI. We check Tether live prices on 10+ crypto exchanges and buy it at the best market price.
You can buy Tether by adding it to your private Crypto Strategy (crypto portfolio). You can also use our recurring buy feature that tends to level out cryptocurrency price volatility effects. You can find out more about how to benefit from smaller investments at regular intervals on our blog article.
We recommend you do your own research and cryptocurrency analysis. Experienced crypto trades use fundamental and technical analysis to evaluate if Tether is a good buy/sell. Fundamental and technical analyses are the two most common types of analysis used in trading traditional assets (e.g. stocks and bonds).
If you are unfamiliar with analyzing cryptocurrency prices and want to buy Tether, we recommend you read the next section, as copying might be a better approach.
Add Tether to your portfolio by copying a Strategy
If you are not skilled at these, consider a different approach to investing in cryptocurrencies. You can learn from and copy seasoned crypto traders on ICONOMI who regularly share their insights and manage their public Crypto Strategies. Go to the strategies page and use the “ticker” filter to find out which public Crypto Strategies have Tether in their structure.
