Millions choose OVEX to buy USDT.

What is Tether (USDT)?

Tether (USDT) is a type of cryptocurrency known as a stablecoin. These are cryptocurrencies whose price is tied to that of real world assets. Like the name suggests, stablecoins attempt to keep cryptocurrency prices stable by backing an equivalent amount of digital coins to assets in the real world. This unique characteristic makes Tether a popular choice for traders, merchants, and funds seeking a low-volatility alternative within the cryptocurrency market, offering a hedge against the price fluctuations often experienced with other digital assets (like Bitcoin).

Tether's versatility extends beyond price stability. It functions as a convenient trading pair or fiat gateway, facilitating various financial activities such as remittances/cross border payments as well as participation in DeFi applications. As the largest stablecoin by market capitalization, Tether boasts significant adoption and trust within the crypto space.

Maintaining its stability is Tether's top priority. Each Tether token is fully backed by Tether's reserves, consisting of a mix of cash, bonds, loans, commodities, and digital tokens. To ensure transparency, Tether publishes daily reports on these reserves, providing users with confidence in its ability to function as a reliable digital dollar equivalent.

How to Buy Tether (USDT):

STEP 1: Create your free OVEX account

Create and verify your OVEX account in minutes.

STEP 2: Connect a funding method

Fund your account with your local currency.

STEP 3: Complete your Tether purchase

Buy USDT with as little as $10.

STEP 4: Store or use your Tether on OVEX

Now that you have bought USDT you can store it in your OVEX wallet indefinitely. Alternatively you can trade it for a plethora of other currencies available on the OVEX exchange.