Buy USDT in a few steps
Bitcoin, Ethereum, Tether, Solana, and more popular cryptoHow to buy Tether (USDT)
What is Tether (USDT)?
Initially called Realcoin, Tether (USDT) was launched in 2014 by Brock Pierce, Reeve Collins, and Craig Sellars. USDT is an Ethereum-based stablecoin that is supposed to be pegged and backed to the U.S. dollar.
USDT tokens enable users to transact with fiat-like stability in the volatile crypto market. Users can buy USDT and sell or trade cryptocurrencies using it without worrying about the price fluctuations of a typical crypto asset.
Furthermore, USDT is a multi-blockchain asset. It is available on leading blockchains like Ethereum, Solana, Tron, Algorand, Avalanche, Bitcoin Cash’s Simple Ledger Protocol (SLP), EOS, Liquid Network, Omni, and more.
USDT's price stability mechanism makes it a popular stablecoin choice among crypto traders who have a convenient way to conduct digital transactions without the worry of price and value fluctuations. All major cryptocurrencies have trading pairs with USDT. Therefore, you can access high liquidity transactions if you buy USDT.
Tether FAQ
- Cryptocurrencies, such as Tether, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
- Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as Tether have been created as well.
- Check out our Tether price prediction page to forecast future prices and determine your price targets.