Sell Tether (USDT) in Ternopil

How to exchange USDT for hryvnias or dollars in Ternopil: a simple algorithm from BUYBank

In the volatile cryptocurrency ecosystem, which is characterized by constant fluctuations in exchange rates, USDT (Tether) plays the role of a kind of "oasis of stability". The stablecoin, tied to the US dollar, is often used to hedge investment risks during periods of high volatility in other coins.

If you have previously purchased USDT and now intend to sell it for cash and are looking for a reliable exchange in Ternopil, contact BUYBank. We offer a simple offline exchange algorithm that allows for a quick and secure transaction.

Key features of the stablecoin

Tether is a cryptocurrency that is one of the most popular in the world (along with bitcoin and ethereum). The token acts as an intermediary between virtual and real money. Unlike other types of electronic coins, Tether is backed by tangible assets or fiat. Tether Limited, the token issuer, issues 4 types of stablecoins, which differ in types of collateral:

• USDT - the US dollar;
• EURT - euro;
• CNT - the Chinese yuan;
• XAUT - 1 troy ounce of gold.

USDT is the most popular among these coins, the rate of which relative to the dollar is maintained at a 1:1 level. Exchange rate fluctuations are insignificant and are usually measured in a few cents.

Unlike other cryptocurrencies, the stablecoin rate does not depend on market supply and demand, but on the issuer's reserve assets. Information on the volume of funds available to support USDT is publicly available on the Tether Limited website. At the same time, support for the cryptocurrency implies not only cash dollars but also funds issued by the company and its partners on credit.