Tether is a USD-pegged stablecoin that can be traded on supported cryptocurrency exchanges. Trading pairs include digital currencies such as Bitcoin and Ethereum, and are subject to transaction fees, usually a percentage. Trades typically settle within minutes, and exchanges may set trading limits to prevent market manipulation. Tether is not regulated, but exchanges may have their own compliance procedures.
Tether trading rules
Tether introduction
Tether USDT is a stablecoin pegged to the U.S. dollar, designed to provide a stable value storage and settlement medium for digital currency transactions.
Trading Rules
1. Trading Platform
- Tether can be traded on cryptocurrencies that support its trading Transactions such as Binance, Huobi and Coinbase.
2. Trading Pairs
- Tether is often paired with other digital currencies such as Bitcoin (BTC), Ethereum (ETH) and Litecoin (LTC).
3. Minimum trading volume
- Different exchanges may have different minimum trading volume requirements, usually between US$10 and US$100 between.
4. Transaction Fees
- Exchanges charge transaction fees, which are usually a small percentage and are based on trading volume and market conditions And different.
5. Settlement Time
- The settlement time for Tether transactions is usually fast, usually completed within a few minutes.
6. Transaction Limits
- Some exchanges may set daily or monthly limits on Tether transactions to prevent market manipulation .
7. Regulation
- Tether is not regulated by any central authority, but some exchanges may have their own compliance procedures.
Detailed Description
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Trading Pairs: Tether is often paired with other digital currencies because it is a stablecoin , providing a relatively stable anchor point for other volatile digital assets.
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Transaction Fees: Transaction fees vary by exchange, but are usually a small percentage to incentivize liquidity and prevent abuse.
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Settlement Time: Tether transactions have fast settlement times as they are settled on the blockchain, providing fast and secure transfers.
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Transaction Limits: Transaction limits are designed to prevent individuals or groups from manipulating the price of Tether by manipulating the market.
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