What is Tether (USDT)?

Tether is the first stable coin in the cryptocurrency market. Its coin USDT was designed to have similar usage features to fiat, but with the properties of a digital currency by utilizing blockchain technology. Tether belongs to a section of cryptocurrencies called stablecoins that aim to keep crypto valuations stable

Who created Tether (USDT)?

Tether, initially named “Realcoin”, was created by Brock Pierce, Reever Collins, and Craig Stellars in 2014.

How does Tether keep its value?

Because the stablecoin is “tethered” to real-world currencies, they hold and keep their value at a 1:1 to the underlying fiat asset (or at least try to).

How does Tether stay at $1?

Since USDT is anchored or ‘tethered’ to real-world currencies on a 1-to-1 basis and backed by reserves, this allows it to stay close to $1.

What is the point of Tether?

The main point of Tether is to provide liquidity and additional protection against volatility. Since the coin is “tethered” to a fiat, this makes the stablecoin less risky than many other cryptocurrencies.

Tether, much like other cryptocurrencies, has its fair share of risk. However, since it is connected to a fiat, it is less vulnerable to volatility and allows for a more stable price.

How much is Tether worth?

Over the past month, Tether has performed with a price as high of CA $1.3646, dipping to a CA $1.3275 and rebounding to a current price of CA $1.3424. For the most part, this means that Tether has performed fairly consistently. *past performance is not indicative of future performance*

Where can I trade Tether in Canada?

Trading Tether is made affordable, safe, and fast through cryptocurrency exchanges such as NDAX.

Is USDT a Stablecoin?

Yes, a stable coin is a class of crypto that is backed by a reserve asset. Since USDT was designed to be backed by the US dollar, it classifies as a stablecoin.

What is the advantage of using USDT as a pair?

USDT opens up the possibility for investors to purchase digital assets that hold a stable value like USD, this offers liquidity and stability to exchanges, users, and banks. Tether also assists countries where converting crypto to fiat is difficult.

What is the difference between USDC and USDT?

Both USDT and USDC are stablecoins that are pegged to the US dollar, in fact they are probably the two biggest players in the stablecoin market. Tether (USDT) was one of the first companies to put a stablecoin on the market and was created as a solution for investors to transfer assets from one exchange to another without experiencing extremely large fees. USD Coin (USDC) was created through a joint-deal between Coinbase and Circle in 2018 and emphasizes transparency.

How do I buy Tether in Canada (USDT/CAD)?

Tether is now available to buy and sell on NDAX. This will allow for affordable, safe, and fast transactions. Canadians can buy Tether (USDT) on NDAX by following these steps: o Login to NDAX o Once you log in you will be redirected to your dashboard o On the right side of the screen, you can find our Quick Buy/Sell widget o Click the small GREY ARROW in the upper left corner of the screen to pick the USDT/CAD pair o Input the amount in USDT that you want to buy o Click BUY (Green button) o Click BUY (Green button) again within 5 seconds to confirm your order

How do I sell Tether in Canada (USDT/CAD)?

Tether is now available to buy and sell on NDAX. This will allow for affordable, safe, and fast transactions. Canadians can sell Tether (USDT) on NDAX by following these steps: o Login to NDAX o Once you log in you will be redirected to your dashboard o On the right side of the screen, you can find our Quick Buy/Sell widget o Click the small GREY ARROW in the upper left corner of the screen to pick the USDT/CAD pair o Input the amount in USDT that you want to sell o Click SELL (Red button) o Click SELL (Red button) again within 5 seconds to confirm your order

How do I trade Tether in Canada (USDT/CAD)?

Trading Tether is made affordable, safe, and fast through cryptocurrency exchanges such as NDAX. NDAX’s trading fee is 0.2%. Canadians can buy USDT by following these steps: o Login or sign up to NDAX o Once you log in you will be redirected to your dashboard o On the right side of the screen, you can find our Quick Buy/Sell widget o Click the small GREY ARROW in the upper left corner of the screen to pick the USDT/CAD pair o Input the amount in USDT that you want to sell o Click BUY (Green button) o Click BUY (Green button) again within 5 seconds to confirm your order

How do I convert Tether to cash in Canada (USDT/CAD)?

Converting Tether to fiat in Canada is made affordable, safe, and fast with platforms such as NDAX. Step 1: Sell your USDT for CAD o Login or sign up to NDAX o Once you log in you will be redirected to your dashboard o On the right side of the screen, you can find our Quick Buy/Sell widget o Click the small GREY ARROW in the upper left corner of the screen to pick the USDT/CAD pair o Input the amount in USDT that you want to sell o Click SELL (Red button) o Click SELL (Red button) again within 5 seconds to confirm your order Step 2: Send a withdrawal to any Canadian bank or Financial institution o Click WITHDRAW at the top of the screen o Select the FIAT TAB on the left side of the screen o Ensure CAD is selected and click the WITHDRAW button o Choose the method of withdrawal: EFT or WIRE TRANSFER o Select BANK ACCOUNT or ADD ACCOUNT if this is your first time. Type in the amount you’d like to withdraw or click MAX o Click WITHDRAW NOW o Your Tether funds have now been converted to CAD and sent to a bank or financial institution to be cashed out.

How do I store Tether (USDT/CAD)?

It is highly recommended that you always store USDT in a cryptocurrency hardware wallet. Check out Ledger or Trezor for your hardware wallet needs.

How do I withdraw Tether (USDT/CAD)?

Withdrawing Tether can be done through a cryptocurrency exchange such as NDAX that makes the process affordable, safe, and fast. The following steps will help you withdraw cryptocurrency: o Login NDAX o Once you log in you will be redirected to your dashboard o Click WITHDRAW at the top of the screen o Click the CRYPTOCURRENCY TAB on the left side of the screen o Select Tether o Click the WITHDRAW BUTTON o ENTER THE DESTINATION ADDRESS you’d like to send the cryptocurrency to. o ENTER the DESTINATION TAG or MEMO ID if applicable. o Click the green WITHDRAW NOW button

Tether Price
(USDT/CAD)

USDT Market Data

volume 24h

535060.54

supply

73.14B

market cap

52.11B

supply limit

bid

1.3720

ask

1.3801

USDT to CAD converter:

convert

USDT

CAD

1 USDT = ~1.3801 CAD

1 CAD = ~0.72 USDT

Ready to buy Tether with your CAD? Use this USDT to CAD converter to see how much Tether you can purchase. Convert USDT to CAD or CAD to USDT.

what is TetherTether was the first stable coin in the cryptocurrency market. Its native coin, USDT, was designed to have similar features to fiat but with a digital currency's properties, providing the crypto community with a safer alternative for holding their funds and making crypto trades. USDT gained rapid adoption in 2017 and has since become the fourth-largest cryptocurrency by market capitalization.

author3 founders

official websitehttps://tether.to

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USDT	CAD
0.1 USDT	0.13801 CAD
1 USDT	1.3801 CAD
5 USDT	6.9005 CAD
10 USDT	13.801 CAD
25 USDT	34.5025 CAD
50 USDT	69.005 CAD
100 USDT	138.01 CAD
250 USDT	345.025 CAD
500 USDT	690.05 CAD
1000 USDT	1380.1 CAD

CAD	USDT
1 CAD	0.72 USDT
10 CAD	7.24 USDT
20 CAD	14.49 USDT
50 CAD	36.22 USDT
100 CAD	72.45 USDT
500 CAD	362.29 USDT
1000 CAD	724.58 USDT
5000 CAD	3622.92 USDT
10000 CAD	7245.85 USDT
50000 CAD	36229.25 USDT

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Tether Price(USDT/CAD)