Buy Tether (USDT) – In addition to classic cryptocurrencies such as Bitcoin, Ethereum and Litecoin, stablecoins are now also enjoying great popularity. While crypto beginners appreciate the low price fluctuations, the connoisseurs of the industry use Tether as a recognition sign for upcoming market fluctuations. You too want to invest in cryptocurrencies as financial investments alongside real estate stocks and the like? You want to learn currency trading – even with digital money? Then Tether is the perfect introduction for you! Find out everything about Tether, its value and price history here!
Among the top ten most popular cryptocurrencies is Tether. And not without reason! Compared to Bitcoin, Ethereum and Co. it is a stablecoin. The value of Tether is therefore tied to a fiat currency and thus replicates the value of fiat money 1:1. This means that the price of Tether always remains stable and hardly fluctuates, except for a few slight fluctuations.
So why invest in Tether if it is not a completely independent cryptocurrency? It’s simple: due to its low risk, Tether allows previous crypto novices to enter the world of the blockchain and is considered a good indicator for short-term forecasts.
Here are all the facts and figures about Tether (USDT):
Cryptocurrency: Tether (USDT)
Inventor: Brock Pierce
Publication: 2014
Consensus Algorithm: Proof of Work & Proof of Stake
Intraday (current daily price during the course)
The current Tether rate during the day.
Month: 30 days review of USDT
Here you can see the tether rate for the last 30 days.
Year in progress: 12 months
Here you can see the Tether rate for the last 12 months.
Total runtime
Here you can see the tether rate for the entire term.
Crypto alternatives: Litecoin, Ripple and EOS
There are now over 4,500 cryptocurrencies. While that sounds like a large amount, only just under 100 of them reach a daily trading turnover of $1,000 or more. Other popular crypto alternatives to Tether include Litecoin, Ripple and EOS! You can find out more about the individual cryptocurrencies here.
Litecoin (LTC): Fast hashing thanks to Skrypt
As a digital currency, you can use Litecoin to pay for services and goods. The cryptocurrency is also very popular as an investment and in currency trading. The special feature of Litecoin: The hash algorithm Scrypt allows an increased transaction speed – while the integrity of the blockchain is still guaranteed!
Ripple (RXP): Open-source protocol for international payment transactions
With the XRP Coin, Ripple is also considered a digital currency, but compared to other cryptocurrencies, it is not based on the blockchain. Ripple sees itself more as an open-source protocol for a payment network. The goal: to make international payments cheaper, faster and more efficient.
EOS is rightly enjoying its popularity. After all, it is not only a cryptocurrency, but also a complete platform for blockchain-based applications. Thus, smart contracts and dApps can also be created with EOS. Compared to Ethereum, transactions are free and in case of a hacking attack, the blockchain is restored to its previous intact state. The makers of EOS.IO have also abandoned the previously popular Proof of Work consensus algorithm.
BitCoin, BitCoin Cash, Ethereum, Litecoin, Dash, Ripple, Zcash or Binarcy Coin: they are considered the answer to traditional means of payment. The digitization and decentralization of money makes banks superfluous. Only buyers and sellers are responsible for the control and security of their digital money. You too want to invest in Bitcoin & Co? We have an overview of the most popular cryptocurrencies here.
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