What Is Tether (USDT)?
Tether (USDT) is a blockchain-based stablecoin operating on the Ethereum network. As a stablecoin, its value is pegged 1:1 to the US dollar, minimizing market volatility. With a market cap exceeding $80 billion, USDT ranks among the top crypto assets globally.
Key Features:
- Launched in 2014 (originally as Realcoin).
- Uses proof of reserves to ensure transparency.
- ERC-20 tokens are minted/burned based on fiat deposits/withdrawals.
Why Buy USDT?
- Portfolio Stability: Hedge against crypto volatility.
- Liquidity: Facilitates 50%+ of Bitcoin trades.
- Passive Income: Earn interest via staking/lending.
How to Buy USDT with a Credit Card
Step-by-Step Process:
- Sign Up: Register on a crypto exchange (e.g., Bittime).
- Verify Wallet: Receive a free USDT wallet.
- Select Payment: Choose credit card and enter amount.
- Review Offers: Check seller reputation/terms.
- Execute Trade: Confirm payment via live chat.
- Receive USDT: Seller releases tokens post-validation.
👉 Best platform to buy USDT securely
Buying USDT on Bittime
- Log In: Access your Bittime account.
- Navigate to Market: Select "IDR/USDT" pair.
- Place Order: Choose limit/market/stop order.
- Enter Amount: Minimum IDR 10,000 (~$0.70).
- Confirm: Authenticate with Transaction PIN.
Post-Purchase:
- Check Assets menu for USDT balance.
- Trade or hold as desired.
FAQs
1. Is USDT safer than other cryptos?
Yes—its USD peg reduces volatility risks.
2. Can I earn interest on USDT?
Absolutely! Use DeFi platforms or exchange lending.
3. Are there fees for credit card purchases?
Typically 3%-5%, varying by exchange.
👉 Compare USDT purchase fees here
Conclusion
USDT bridges fiat and crypto economies, offering stability for trading, lending, and hedging. Platforms like Bittime simplify purchases with credit cards, ensuring accessibility for beginners and experts alike.
Pro Tip: Diversify with USDT to balance high-risk crypto investments.
Disclaimer: This guide is informational only. Conduct independent research before investing.