Exchange instructions can be found here
Sell Tether (USDT) in Lutsk
- The top-rated company that offers safe withdrawal of digital assets.We provide the possibility of offline exchange in any major city of Ukraine.
- Partnership.95% of users who have effected a transaction through BUYBank for the first time become our regular customers.
- Transparent terms of cooperation.We have a sufficient reserve of fiat currency and do not ask to send coins in advance.
How to Sell USDT in Lutsk: Instructions from BUYBank
Stablecoins remain a key element of the cryptocurrency system, maintaining parity with traditional fiat currencies. They are usually used as an alternative to real money: stablecoin tokens are convenient for trading on exchanges. In addition, they are invested in when you want to have stable capital protected from market volatility.
USDT (Tether) is a stablecoin that is among the top three leaders in the cryptocurrency market by capitalization level. Each token is backed by US dollars. If you have purchased this asset and want to withdraw it to fiat, BUYBank, an all-Ukrainian exchange service, can help you sell USDT in Lutsk.
Briefly about the USDT token
USDT is a stable token fully backed by the US dollar, which makes it possible to buy and sell it at a 1:1 ratio. The idea of creating a stablecoin belongs to Tether Limited, which launched this project in 2015. Initially, it was used to simplify the transfer of assets between cryptocurrency exchanges. Users do not need to convert coins to fiat when making transactions.
In the early stages of its history, Tether worked on the basis of the Bitcoin blockchain, using Colored Coins technology. But later, a proprietary Omni Layer protocol was created for stablecoin. In addition, USDT works on two leading blockchains. As of August 2022, the issuer's reserves of the stablecoin amounted to $66.4 billion. The company keeps part of these assets in US dollars in accounts of reliable banks.
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