Buy Tether | How to Buy USDT

What is Tether?

Launched in 2014, Tether was the world’s first cryptographic ‘stablecoin.’ It’s still the most widely used stablecoin today, and is the third-biggest crypto (after Bitcoin and Ethereum).

What is a ‘stablecoin’?

A ‘stablecoin’ is a crypto whose value is tied to another asset. For example, Tether’s value is pegged in a 1 to 1 ratio to the US Dollar, and is 100% backed by Tether’s reserves. The actual value of a Tether token, on a daily basis, can be a little above or below one USD.

What is Tether used for?

Tether tokens let businesses – including exchanges, wallets, payment processors, financial services and ATMs – easily use fiat currencies on blockchains. That makes Tether ideal for making on-blockchain purchases, daily transactions, and swaps between cryptocurrencies.

Why should you buy Tether?

Avoid volatility

Because it’s pegged to the USD, Tether avoids the volatility of other cryptocurrencies, while still maintaining value and liquidity in the crypto market.

Less conversion hassle

Tether gives you the ability to transact with traditional currencies across a blockchain, without having to convert back and forth between cash and a crypto like Bitcoin.

Safety and security with Wealth99

Cold storage

98% of assets on Wealth99 are kept offline in ‘cold storage’ – safe from hackers and cyber-security threats.

Insurance

Our assets are insured with Bitgo, one of the world’s largest institutional custody providers.

2FA

Your account is kept secure with compulsory Two-Factor Authentication (2FA) plus email notifications whenever your account is logged into.

Extra measures

We also hash all passwords, use AES-256 encryption for wallets, secure all private keys with Bitgo, and help prevent CSRF attacks by using SQL injections to verify requests.