The token was created as a stable and reliable digital substitute for US dollars. It was first issued on the Ethereum blockchain in the ERC20 format. It allowed many cryptocurrency exchanges and users to integrate it into their transactions.
Later on, the Tether token expanded to different blockchains, making it even more accessible to a wider audience of users than bitcoin. Today, USDT is a reliable tool for fast and transparent conversion of cryptocurrency to stablecoin and vice versa.
In Ukraine, the USDT token is also very popular, which means that you can already produce USDT exchange today. The popularity of these coins is due to their stability and availability on many cryptocurrency exchanges in the country. Given the dynamic development of the sphere of digital currency transactions in Ukraine, it is expected that the popularity of Tether will continue to grow in the future.
The main difference between various Tether formats is the blockchain on which they operate. For example, the ERC20 token runs on the Ethereum blockchain, TRC20 runs on TRON, and BEP2 runs on the Binance Chain. Each of these formats has its own advantages and features, and choosing one, the second or the third depends on your needs. There are numerous pairs on the world's crypto exchanges that include the Tether token. The most popular ones are:
- USDT/BTC;
- USDT/ETH;
- USDT/USDT (exchange between different token formats).
If you need to know the current rate of cryptoassets to swap usdt, you can use a popular crypto exchange Swapsphera, which is characterized by a number of advantages.
Features of a popular online exchanger
Swapsphera is a popular resource for tether exchange and converting other coins. Registration is not required for this. You should only choose a pair for exchange and familiarize yourself with the terms of operations on the platform.
The company cooperates with many world-renowned cryptocurrency exchanges and allows you to convert over 50 different digital currencies. There is also a special calculator on the site, using which you can quickly calculate the amount of your asset after the exchange. You can buy the right amount of coins at your discretion. Using this tool, you can accumulate and multiply your funds on a permanent basis.
Benefits of Swapsphera
The choice of platform is explained by certain benefits, and users emphasize the following among them:
- high level of security;
- 50+ cryptocurrencies and pairs with favorable quotes;
- ease of conducting of the transaction;
- 24/7 technical support.
If you are looking for a platform with the most favorable price, pay attention to Swapsphera. It is the best service for USDT exchange and trade. It provides customers with favorable quotes, simple exchange process and security of each financial transaction. User reviews speak about the value of this exchanger and the fact that you can turn to this company to convert token to other digital currencies or to USDT of another format.