The USDT cryptocurrency, which can be purchased on the platform redot.com has a number of important advantages that deserve attention.
Full transparency of calculations. The creators of the asset claim that they are constantly analyzing the correspondence between the money in the company's vault and the overall balance of client accounts. Information on both indicators is publicly available and is regularly updated.
High speed of transactions. Sending and receiving coins takes a minimum amount of time. This payment format is much faster and more convenient than transfers in dollars. Especially if the participants in the transaction are located in different countries.
Low volatility. An advantage that is important for those who are looking for a capital preservation tool. The token rate does not fluctuate as much as the BTC price, there are practically no fluctuations.
Low commission. Conducting transactions between two Tether accounts is quite cheap.
The use of different blockchains. USDT is transferred to any wallets that support this token. Using this method of transferring funds is more convenient than transferring even fiat currency (in particular, the dollar).
High level of stability in the market. This cryptocurrency is backed by the most demanded fiat currency in the world.
Good protection against attacks by scammers and hackers. The coin has received all the benefits of the highest protection from blockchain technologies.
Popularity. Tether is used by many traders. And on the Internet you can find many crypto platforms that accept it as a trading asset or payment unit.
It is not necessary to open a bank account to buy and sell USDT. On the Binance exchange, it can be bought for cryptocurrency or fiat.
For those who trade on the crypto market, fixing profits in Tether is a profitable and convenient solution. When a trader withdraws a profit in cryptocurrency, he risks losing part of his income due to a depreciation. But, if you exchange the coins received after the closing of the transaction for USDT, then there will be no losses, since the rate of this token has minimal fluctuations.
The Teaser also eliminates the need to constantly work with fiat currency - exchange dollars for digital coins or withdraw them to a bank account. Using USDT, you can simply withdraw it to a crypto wallet and back. It's easier and faster than a bank transfer.
When using fiat money, the commission can vary between 1-5%. But, for example, the Binance exchange does not take anything for replenishing an account in Tether. And when withdrawing, the commission is minimal ($ 1, regardless of the amount of the transaction).