The primary purpose of Tether is to provide liquidity and a hedge against market volatility. The tokens are pegged to a fiat, which means there should be no loss of value or volatility as with other tokens. This also makes the stablecoin less risky than typical cryptocurrencies.
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In the overall, is Usdt Safe 2020?
Tether is a confidence game and if confidence was lost, USDT could quickly become worthless. Still, getting out of Bitcoin and into Tether for a few days probably poses minimal risks. If you want to use Tether to move money between exchanges or to hold dollars for a week or two, that's probably fine.
In spite of that, will tether go up? Tether (USDT) Price Prediction for 2020 & 2025 USDT is a not so good long-term (1-year) investment. The Tether price can go up from 0.999 USD to 1.020 USD in one year. The long-term earning potential is +2.14% in one year. The Tether (USDT ) future price will be 1.039 USD.
Quite so, is tether worth investing?
Based on market predictions, the Tether (USDT) is a profitable investment. Most forecasts indicate USDT will offer a good return in 3 to 5 years, which makes it a strong long-term investment. If you are after a stable asset to store value in, this is one of the best in the cryptocurrency market.
Can you make money with tether?
Along with its use as a medium of payment for crypto investors and companies, Tether is popular as a tool for traders. Due to the fact that the cryptocurrency has effectively zero volatility, USDT is often used as a way to profit by those traders expecting a downturn in the value of Bitcoin or other cryptocurrencies.
High 24H | $1.00 |
Low 24H | $1.00 |
Last Price | $1.00 |