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Tether: Changing The Way We Look At Cryptocurrency — How To Buy Tether In Canada

Tether was initially found in 2014. Right from the beginning itself, tether has got massive attention. And the popularity remains the same because of its unique features.

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Tether: Changing The Way We Look At Cryptocurrency — How To Buy Tether In Canada

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  1. Tether: Changing The Way We Look At Cryptocurrency — How To Buy Tether In Canada?

  2. Tether was initially found in 2014. Right from the beginning itself, tether has got massive attention. And the popularity remains the same because of its unique features. If we look at the record of tether it is clearly evident that Tether has always been on the choice list of people who are investing in cryptocurrency. If you are looking forward to investing in cryptocurrency and wondering how to buy tether in Canada, here is your answer!

  3. Tether — Making Changes To Cryptocurrency Trading In today’s date, it is the most used stablecoin by traders and even investors. In the coming future, it is predicted that it is going to revolutionize the modes of exchanges, especially international transactions like every cryptocurrency. It will become the maximum used mode of making exchanges. As the fame and stability of tether become greatly famous, you will see how it becomes the best method to store gains from the world of cryptocurrency. The future of tether also depends on the future of cryptocurrency and its trade. Every country has different rules and regulations when it comes to buying or trading with cryptocurrency.

  4. However when you see the digital cryptocurrency market and research about the things, you may witness that, It is not bitcoin or ether, but tether which is the most traded cryptocurrency today. Commonly denominated as USDT, the tether is a stable currency, which can be redeemed for a dollar. In other words, if you hold 100 USDT, you can redeem it for $100. History Of Tether Founded in 2014 by Brock Pierce, Reeve Collins, and Craig Sellars, the tether has been called a ‘stablecoin’. The reason behind such a name is its value associated with the US dollar. The need for tether came in when it was difficult for exchanges and companies to hold global currency.

  5. To hold fiat money on behalf of the user, the exchange needed to have a license. The need was aggravated by the need for traders to be able to easily move between crypto and fiat. And thus tether was invented. Traders use tether as a substitute for dollars. It can easily be transferred between exchanges or people, instead of transferring money through banks. Tether is easy to buy and sell and is available at the place you buy your cryptocurrencies. Buying Tether is also often used as a way to hold money on exchanges when traders feel the market is extremely volatile.

  6. Tether And Its Acceptance Nevertheless, there is still a lot of criticism and scepticism when it comes to tether. You can never be sure if all the tether issued is backed 100% by the US dollar or not. However, Tether is still the most trusted and the oldest stablecoin in the crypto ecosystem. Today, there is over $19 billion worth of tether in circulation. While tether is the biggest and the oldest stablecoin, there are more than 40 stablecoins trading in the crypto market! How To Buy Tether In Canada? You can choose to buy tether with Netcoins. Even if you are wondering how to buy Bitcoin Cash in Canada

  7. you can start trading with Netcoins. It’s the easiest way to get started! Registration on Netcoins is free and users have the option to deposit Canadian dollars via e-transfers or online bill payments. There is also an option for investors to deposit using a bank wire transfer. However, you will see that the banks charge a fee for that.SOURCE CREDIT: https://medium.com/@netcoinscanada/tether-changing-the-way-we-look-at-cryptocurrency-how-to-buy-tether-in-canada-b6e0fefe8966

  8. THANK YOU FOR WATCHING

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