Review on Tether by Özgün A
The legal currency of the future
Tether is a project that works with blockchain technology.
Tether's goal is to serve as a bridge between the cryptocurrency world and fiat money. Transfer operations are very fast. It has its own blockchain network.
Tether is pegged at 1: 1 USD. It is not affected by price fluctuations. It is very popular and widely used.
Today it is the most used currency pegged to the American dollar. It can be spent on many e-commerce sites. An unknown feature of Tether is that it can be traded anonymously. You can hide your transactions against third parties.
I want to talk about something misunderstood about Tether. Many people say Tether's transaction and transfer fees are high, but by comparison, Tether's transaction fees appear to be cheaper than other cryptocurrencies.
The most important feature of Tether is that it is legally traded in several legal United States banks. Tether is guaranteed in physical US dollars.
It is one of the three safest currencies in the entire cryptocurrency world. Bitcoin, Ethereum and Tether.
Pros
- Not affected by price fluctuations
- One of the most advanced cryptocurrencies
- Tether backed by physical dollars and approved by legal banks
- One of the most secure cryptocurrencies
Cons
- little or no
