What is USDT?
USDT is a token launched by Tether based on the stable value currency US dollar, that is, 1USDT = 1 US dollar. Tether promises that for every published USDT, the bank account will have a 1 US dollar fund guarantee, so that users can use USDT to exchange 1:1 with USD at any time, and can make fund inquiries on the Tether platform to ensure transparency.
Since publishing, not only all virtual currencies can be traded with USDT, but also USDT can be used to exchange legal currency. Its borderless and free liquidity has driven the development of the virtual currency market faster and faster. In just a few years, the circulating market capitalization It is more than 100 billion US dollars, ranking third in the world in Cryptocurrency assets, second only to Bitcoin and Ethereum.
USDT is also known as “stable currency”, which includes the advantages of stability, security, and transparency. It is also a good exchange channel for exchange through encrypted digital currency. As a new thing, encrypted digital currency has gradually expanded to investment, insurance, asset trading and other fields, so as to achieve barrier-free global flow.
BiyaPay is a global multi-asset transaction wallet mediated by USDT. It supports the mutual exchange of more than 20 legal currencies and more than ten digital currencies, and is committed to providing users with safer and faster international remittances.
How to exchange USDT for USD and send money internationally through the BiyaPay App?
How to purchase USDT?
Introduce two trading platforms that can purchase USDT. You can purchase USDT by registering with your mobile phone number and email, and operating according to the platform’s process.
- OKEX Trading Platform
- Binance Trading Platform
Taking OKEX as an example, the process of purchasing USDT:
Open the homepage of Ouyi App, click Buy Coin – Quick Buying and Selling – Select the currency to buy – Enter the purchase amount or the amount of currency to buy – Buy USDT – Select the payment method
Second, how to exchange USDT USD for international remittance?
Process of converting USDT to USD:
1.Download the BiyaPay app and register online with your email. It only takes three steps to complete
2.Enter the personal center and start identity verification.
3.Select a bank account in the personal center and bind it to an overseas bank account.
4.App homepage, click “Transfer”, select “Recharge on chain” and recharge USDT.
5.Select the App “Flash Exchange” page to exchange USDT to USD (US Dollar)
6.Click “Transfer Out” on the homepage and “Withdraw from Bank Account” to withdraw USD to the bound bank account.
The introduction of USDT to US dollars is here! If you want to know more about exchange, remittance, and currency circles, please discuss together~
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