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Kwara, Ilorin
4 Level
410 Review
3227.25 Karma

Review on Tether by Killer Bean

Revainrating 5 out of 5

Tether- the breakthrough project

Initially known as Real coin, tether was launched in 2014 by Van Dee Velde, Tether has a stable token, USDT which has values close to a dollar. Hence it's in a 1:1 ratio with the USD. Through tether, you can make online transactions, at a very fast, secure and cheap manner. Tether is not as volatile as other top cryptocurrencies, hence it provides room for liquidity. The token, USDT, was developed by BitFinex. This token wasnt built entirely on a single blockchain but makes use of various block chains which consisted of Bitcoin's Omni Protocol. It is generally a fiat based stable coin. Tether can be stored on various wallets especially Exodus Tether wallet which can be downloaded.
Tether can even be exchanged with other assets at a low rate. To be candid, going to invest in Tether will eventually turn out to be a great idea because it can make users understand their transactions and prevent your investment from fluctuations in price. Its popularity is based on the fact that Tether is traded on alot of exchange platforms.



Pros
  • It is has a great potential for the future
  • It has a 1:1 value with USD
  • It has fast transaction rate
Cons
  • none

Comments (1)

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February 14, 2021
Thank you very much for your evaluation. It was very informative content. Reviews based on such unique experiences shed light on new users. I will follow this practice. With the hope that such comments continue.

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