The question remains unclear for many users: why is such a digital currency needed if it has a fixed price, does not bring any profit, and an equivalent exchange Cash to Tether TRC20 (USDT) is difficult to implement in practice? More information can be found at https://www.bestchange.com/dollar-cash-to-tether-trc20.html. Let’s try to figure out what determines the popularity of stablecoin.
Why you should buy Tether ERC20 (USDT)
An alternative to fiat money is of interest to investors and traders, and its benefits are due to the following:
- high speed of financial transactions – depositing and withdrawing USD to foreign exchanges can take a lot of time, while transactions with USDT occur within a few minutes. As we know, for currency traders, every second is valuable;
- an opportunity to avoid unnecessary costs – international transfers often require a high commission, including for conversion, so the exchange is not particularly profitable. Transactions in online wallets are free;
- stable value – traders, when buying/selling one cryptocurrency for another, must take into account the exchange rate of both while buying/selling with the participation of a stablecoin will reduce the likelihood of losses;
- full transparency – the balance is publicly available, the data is constantly updated, and all transactions are registered in the blockchain;
- the minimum commission when transferring to cash depends mainly on the exchange office where the transaction is carried out. For example, if you need to buy Tether ERC20 (USDT) for cash on any other service, you can familiarize yourself with the possibilities in advance using the listing of cryptocurrency exchanger services;
- complete security – the system is protected from fraudsters and hackers;
- maximum stability and zero probability of depreciation – the American dollar is considered one of the most stable and used currencies. Hence, a peg to it provides the value of the Tether USDT stablecoin in the TRC-20 network.
Token generation is carried out only after depositing real money, so standard mining methods will not work. The only way to obtain Tether is to purchase it.
How to buy Tether with cash
The most common way to purchase digital coins is to use the services of exchange offices. Moreover, the time spent searching for a reliable and profitable exchanger can be reduced as much as possible by using special services that constantly monitor them. Using online exchangers will allow you to carry out financial transactions in the shortest possible time, at any time convenient for you, and the most favourable rate. In addition, despite the lack of opportunity to earn money on stablecoins, you can profit from participating in the affiliate program of the monitoring service; you can read the conditions in detail at the bestchange.
Another way to purchase coins is on specialized exchanges engaged in crypto trading. However, if you have Dollar cash, you won’t be able to make a purchase easily because exchanges accept fiat money only through terminals, which are prohibited in some countries. First, you must get another cryptocurrency and then carry out an exchange with its participation. This option is much inferior to the previous one in terms of convenience.
