Home  >  Article  >  What is the Tether exchange rate conversion formula?

What is the Tether exchange rate conversion formula?

DDD
DDDOriginal
2024-04-23 14:03:121210browse

Tether currency exchange rate conversion formula: 1USDT=1 US dollar, the exchange rate remains stable regardless of market fluctuations. Conversion method: 1. Multiply the amount of Tether coins by 1 to convert to US dollars; 2. Divide the amount of US dollars by 1 to convert to Tether coins.

What is the Tether exchange rate conversion formula?

Tether currency exchange rate conversion formula

Tether currency (USDT) is a stable currency pegged to the US dollar. Its exchange rate always remains at 1 USDT = 1 US dollar. Therefore, the Tether exchange rate conversion formula is very simple:

1 USDT = 1 USD

This formula means that, regardless of market fluctuations, 1 Tether is always equal to 1 Dollar.

How to convert Tether exchange rate?

Converting the Tether exchange rate is very simple, just multiply the amount of Tether by 1. For example:

  • 100 USDT = 100 USD
  • 1,000 USDT = 1,000 USD

Conversely, to convert USD to Tether, just convert USD Just divide the amount by 1. For example:

  • 100 USD = 100 USDT
  • 1,000 USD = 1,000 USDT

Since Tether is pegged to the US dollar, its exchange rate remains stable. This means you can rest assured that no matter how the market fluctuates, you can always exchange 1 Tether for 1 USD and vice versa.

The above is the detailed content of What is the Tether exchange rate conversion formula?. For more information, please follow other related articles on the PHP Chinese website!

Statement:
The content of this article is voluntarily contributed by netizens, and the copyright belongs to the original author. This site does not assume corresponding legal responsibility. If you find any content suspected of plagiarism or infringement, please contact admin@php.cn
Previous article:When will Tether be sold?Next article:When will Tether be sold?