Buy Tether USD (USDT), it’s easy!

Tether is a stablecoin pegged to the dollar. But how does it work in detail? Find out in our in-depth study

What is Tether USD ?

Tether was born in 2014 from an idea of JR Willet, recognised in the crypto world as ‘the man who created ICOs’. USDT is a stablecoin issued by the Tether company, whose value is in a 1:1 ratio with that of the US dollar. This means that 1 USDT will always be worth $1. The first exchange to introduce it was Bitfinex and USDT trading today accounts for 80% of all the global Bitcoin trading.

Why buy Tether USD ?

Tether is the most discussed stablecoin in the crypto world. Many doubt that the Tether company has – as it claims – dollar reserves at a 1:1 ratio with the cryptos it issues. However, it remains the most widely used stablecoin on the market. Its main function is to make it easier for traders and companies to protect their crypto funds in times of high market volatility. It also enables large amounts of capital to be transferred between exchanges quickly and cheaply.

How was it created?

Tether released its beta version in 2014, while its official version came out in 2015. The stablecoin was supported by Brock Pierce, philanthropist and entrepreneur. The first coins were minted on the Bitcoin blockchain, with the objective of offering a crypto in a 1:1 ratio with the US dollar.

Stay up to date with the price of Tether USD

Price 24H
Change 24H
Daily High
Circulating Supply
Market Cap

Unlimited access to +1000 free content items

Get inspired by those who have made their passion a profession. New content available directly in your account every day.

Young Platform Academy

Buy Tether USD in 3 steps on Young Platform

Register and complete identity verification
Create an account for free, all you need is a selfie and an ID.
Top up your account with a bank transfer
Make a deposit by bank transfer or credit card.
Redeem the €10 bonus and enter the market
Buy, convert and store over 30 cryptocurrencies on Young Platform.

What is Young Platform?

Young Platform is the simple and secure European exchange already used by thousands of people to buy and sell cryptocurrencies. How many times have you told yourself: “the crypto market is interesting but I wouldn’t know where to start”? Young Platform makes your life easier with an easy and intuitive interface, free educational courses, news and tools for everyone. Opening a profile on Young Platform is free and only takes a few minutes.

Check out the Top movers

Take a look at the prices of cryptocurrencies that have reached higher volatility in the last 24 hours and catch market trends.

Read our disclosure before buying, selling or trading cryptocurrencies

Buy Tether USD