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Tether USDT

Find out detailed information about the Tether (USDT) and easily buy or sell at the real-time exchange rate.

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Tether(USDT) price - exchange rate 10/6/2022 3:27 PM is 7.653851 HRK. In dollars the price is 1.010276 USD, and in euros the price is 1.017398 EUR.

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This is for informational purposes only
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How to buy Tether (USDT)?

Follow 4 easy steps to purchase USDT.

1

Create an account on Bitcoin Store

2

Make a deposit in Euros

3

Buy Tether with Euros

4

Tether is on your wallet

Create an account

Frequently asked questions

Learn how the Bitcoin Store platform works

What is Tether (USDT) and how does it work?

Tether (USDT) is a cryptocurrency based on a blockchain network. Its value is backed by the value of the US dollar.

Tether does not have its own blockchain network. It operates as a second-layer digital token based on other cryptocurrency blockchains like Bitcoin, Ethereum, Algorand, Tron, Bitcoin Cash.

It is also known as “stablecoin”. Stablecoins are basically blockchain instruments that have their value pegged to the value of traditional fiat currencies. That is why 1USDT should be the equivalent of $1. The goal of stablecoin is to keep the value of the cryptocurrency stable.

Because it’s stable, many crypto investors use Tether to avoid the volatility of other cryptocurrencies. For example, if investors fear that the crypto market prices may decrease, instead of withdrawing funds, they can transfer their funds to Tether (USDT).

At the moment, USDT is the most used stablecoin.

How many Tether (USDT) coins are in circulation?

As of September 2020, there are more than $14.4 billion of USDT tokens in circulation. They cover a total value of $14.6 billion.

Since each USDT coin is backed by the value of 1 US dollar, the total amount of the token depends on the actual cash reserves of the Tether founding company.

To remain completely transparent, Tether publishes daily reports on the value of their reserves. The value of the reserves should correspond to the value of USDT in circulation.

What are the benefits of Tether (USDT)?

A unique feature of Tether is that the value of the USDT token is tied to the value of the US dollar.

As the founders of Tether explained, once new USDT tokens are put into circulation, the same amount (in US dollars) is allocated to Tether’s own reserves to ensure that USDT has full coverage.

This feature provides a certain amount of security to crypto investors. Cryptocurrencies are highly volatile (their price can increase or decrease 10%-20% in one day) and this makes them unreliable as a stock of value.

Thanks to Tether, investors who think cryptocurrency prices could decrease can transfer a certain amount (for example of Ethereum) to Tether, instead of making a withdrawal.

Tether also provides an easy way to transfer values (equivalent to US dollar) between different countries via blockchain. Users will be able to avoid existing slow systems and costly third party fees (banks or other financial service providers).

How to mine Tether (USDT)?

Tether is a stablecoin which means that it can’t be mined like other cryptocurrencies with its own blockchain network. Stablecoins are issued in response to demand from users who plan to use them in crypto exchanges. Also, Tether’s value is tied to the value of the US dollar, so if USDT could be mined, it would be the opposite of Tether's function and purpose.

Who is the founder of Tether (USDT)?

The creators of Tether are Brock PierceReeve Collins and Craig Sellars. They founded Tether (USDT) in 2014 under the name “Realcoin” (the name Tether appeared at the end of 2014).

How to buy Tether (USDT)?

On the Bitcoin Store platform, you can easily buy Tether and more than 130 cryptocurrencies at the real-time exchange rate with the lowest fees.

First, you need to create and verify your account on the Bitcoin Store cryptocurrency trading platform to get full access.

After successful verification you can make a deposit (in HRK or EUR) to your Bitcoin Store Wallet.

Supported payment methods for deposit are:
  • internet or mobile banking
  • bank transfer
  • payment slip
  • cash payment in Bitcoin Store physical exchange office

Once we receive your payment, funds to purchase cryptocurrencies will be available on your Bitcoin Store Wallet and you can start purchasing cryptocurrencies.

How to sell Tether (USDT)?

On the Bitcoin Store platform, you can easily sell more than 130 cryptocurrencies from our offer at the current exchange rate.

You can instantly sell cryptocurrencies that are stored on your Bitcoin Store Wallet.

Cryptocurrency stored on personal wallets such as Exodus, TrustWallet, Ledger, Treasury, etc., or on various trading platforms must be transferred to your Bitcoin Store Wallet before selling.

Once the transfer is successful you can sell your cryptocurrency. You can withdraw the funds directly to your bank account or keep them on your Bitcoin Store Wallet and use them for future cryptocurrency purchases.

Can I buy or sell Tether (USDT) for cash?

You can buy and sell cryptocurrencies for cash in Bitcoin Store exchange offices in Zagreb and Split.

Verifying your identity via ID card is not required for all transactions up to HRK 15.000,00

In the exchange office, you can also make a deposit in cash directly to your Bitcoin Store account. The amount you deposit will be visible immediately and ready for your next cryptocurrency purchase.

Where can I store Tether (USDT)?

You can store Tether in your digital wallet. When it comes to cryptocurrencies, digital wallets can be divided into 2 groups - Hot Wallets and Cold Wallets.

Hot wallets include:
  • desktop wallet
  • mobile wallet
  • online wallet

Cold Wallets include:
  • hardware wallet
  • paper wallet

You can also store USDT on your own Bitcoin Store Wallet. The access and storage of cryptocurrency are free for all users who register on the Bitcoin Store Platform.

On Bitcoin Store Wallet you can:
  • store more than 130 cryptocurrencies
  • deposit and store of funds in HRK or EUR

What is the Tether (USDT) price - exchange rate today?

On 2022-10-06 the current Tether price/exchange rate is 1.017398 EUR.
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Bitcoin Store Wallet

Registered users have free access to the Bitcoin Store Wallet (digital wallet) on which you can safely store more than 130 cryptocurrencies. Simply make a deposit and withdraw funds or transfer crypto to other digital wallets.

Securely store Tether on Bitcoin Store Wallet
Withdraw Euros to your bank account
Monitor your investments in real-time
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Tether price, investment and fees

Real-time Tether price 10/6/2022 3:27 PM is €1.017398.

How often does the Tether (USDT) price change?

Cryptocurrency prices are updated every second according to the rates of global stock exchanges. The exchange rate list of the Bitcoin Store platform shows the middle exchange rate for cryptocurrencies. When buying or selling cryptocurrencies, the buying or selling rate (with the fee included) will be displayed.

What is the fee for buying or selling Tether USDT?

Bitcoin Store does not charge a commission when buying or selling cryptocurrencies. Cryptocurrencies are bought / sold exclusively at their buying or selling rate. Bitcoin Store exchange rate can vary by 1% to 5% compared to the rates of global exchanges. The exchange rate can be changed with respect to the requested amount when placing orders. Depositing and withdrawing funds from the Bitcoin Store Wallet is free of charge.

What payment methods do you support?

Bitcoin store supports buying / selling cryptocurrencies via: Bank transfer (SEPA), cash payment, Internet and mobile banking, Transferwise, Revolut (entering “Reference number” within the Reference field is mandatory)*.

How to trade cryptocurrencies?

Find out all the ways you can buy or sell cryptocurrencies in Croatia.

Web platform

Simply buy, sell or store cryptocurrencies via Bitcoin Store trading platform.

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Trade cryptocurrencies anywhere and anytime with the Bitcoin Store Wallet app.

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