Tether (USDT) Market Cap Makes It to $1,822,931,764 as Price Reaches $0.998089 – Up 0.47% Since Yesterday

Tether (USDT) traded up 0.47% against dollar in the last 24h interval closing 21:15 on October 30th EST. Tether at the moment has a market cap of $1,822,931,764 and its 24 hour trading volume is about $1,987,134,464. Within the interval covering the past 7 days, Tether is 1.18% against the dollar along with a change of 0.05% inside the past hour.

Now take a look at how similar coins have performed since this time yesterday:

• Metaverse ETP (ETP) is currently trading at $3.13 against the US dollar, a 1.72% change since yesterday. The Bitcoin price for ETP is currently 0.00049496 BTC.
• Waltonchain (WTC) is currently trading at $3.31 against the US dollar, a -0.17% change since yesterday. The Bitcoin price for WTC is currently 0.00052414 BTC.
• Bitcoin Private (BTCP) is currently trading at $2.03 against the US dollar, a -1.61% change since yesterday. The Bitcoin price for BTCP is currently 0.00032071 BTC.
• Einsteinium (EMC2) is currently trading at $0.09 against the US dollar, a 0.17% change since yesterday. The Bitcoin price for EMC2 is currently 0.00001372 BTC.

Tether Report

Tether has a max supply of 1,826,421,736 coins. It was created on 10th June, 2014.

cryptocompare reveals that: “USDT is a cryptocurrency badet issued on the Bitcoin blockchain via the Omni Layer Protocol. Each USDT unit is backed by a U.S Dollar held in the reserves of the Tether Limited and can be redeemed through the Tether Platform. USDT can be transferred, stored, spent, just like bitcoins or any other cryptocurrency.USDT and other Tether currencies were created to facilitate the transfer of national currencies, to provide users with a stable alternative to Bitcoin and to provide an alternative for exchange and wallet audits which are currently unreliable. USDT provides an alternative to Proof of Solvency methods by introducing a Proof of Reserves Process.In the Tether Proof of Reserves system, the amount of USDT in circulations can be easily checked on the Bitcoin blockchain via the tools provided at Omnichest.info, while the corresponding total amount of USD held reserves is proved by publishing the bank balance and undergoing periodic audits by professionals.”

Listed here are a few helpful links for those who want to read more about Tether:

USDT: Info for Traders

Investors can find USDT at trading exchanges such as CCEX, Zecoex, Braziliex, Exmo, Poloniex, and LBank.

It’s not necessarily always viable to buy coins such as Tether right away using American dollars. Investors planning to buy USDT may well have to firstly buy Bitcoin or ETH using an exchange that provides US dollar currency trading pairs like Coinbase and GDAX. Investors will then use this Bitcoin or ETH to pay for Tether using one of the trading exchanges we outlined previously.

Tags: tether-usdt