BTC micro trading platform ranking
China's top ten virtual currency trading platforms are bitcoin, okcoin, Huo coin, jucoin, yuncoin, BTCC, coin security, bitera and viabtc
Uddt and cnyt are both. There are also
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what is usdt
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usdt is a token of tether USD (hereinafter referred to as usdt) launched by tether company, which is based on the stable value currency USD. 1usdt = 1 USD. Users can exchange usdt with USD 1:1 at any time. Tether company strictly abides by the 1:1 reserve guarantee, that is, for every usdt token issued, its bank account will have a capital guarantee of $1. Users can query funds on the tether platform to ensure transparency. Users can transfer US dollars to the bank account provided by tether company through swift or exchange for usdt. When redeeming US dollars, reverse operation is enough. Users can also exchange bitcoin for usdt at the exchange
usdt is a digital asset based on Omni layer protocol released on bitcoin blockchain. The biggest feature of usdt is that it is equivalent to the same amount of US dollars. Usdt is designed as a replica of legal money on the digital network, making it a good hedge token in the volatile cryptocurrency market
2. Features
intuitive: usdt and US dollar are equivalent, 1 usdt = 1 US dollar. Each currency = usdt, which is equivalent to its unit price of US dollars
stable: because TEDA currency is supported by legal currency, users can still trade in the blockchain asset market without being affected by the price fluctuation of most blockchain assets
transparency: tether, the issuing company of TEDA coin, claims that its legal currency storage account is regularly audited to ensure that each TEDA coin in circulation is supported by a corresponding US dollar. The storage account status is public and can be queried at any time. In addition, all TEDA transaction records will be published on the public chain
small transaction costs: there is no service charge for transactions between tether accounts or between wallets with TEDA coins. A transaction service fee is required to convert TEDA currency into legal tender