The difference between usdt and btc

What is the relationship between “one” btc and usdt

USDT is a stable digital currency based on the value of the US dollar, and acts as a general equivalent between legal currency and digital currency such as bitcoin. Bitcoin investors usually need to exchange fiat currency for USDT before buying digital currency. btc/usdt
usually means the real-time exchange price between the two. Contributor: Bitewang

『細』What is the relationship between USDT, BTC and ETH on the 58coin platform?

The price of BTC and ETH you see is not the real price against the US dollar , but the price is priced in USDT currency, and USDT is priced in OTC fiat currency transactions. The ups and downs here are all calculated in USDT, which are just currency transactions, not the real US dollar price. The king of 58coin contracts, really good, no overnight fees, no flattening, no pins. USDT perpetual contracts have an advantage that I think is very good. The same contract currency can be long and short in the same account at the same time.

『三』What is btc/usdt

btc/usdt
is the exchange rate of bitcoin relative to Tether

『4』bit What do the three currencies BTC, ETH, and USDT on Blue Whale mean?

BTC is Bitcoin, ETH is Ethereum, and USDT is a token issued by the American Tether Company for the equivalent of the US dollar. Coins

『Wu』 What do BTC, USDT, ETH, BCH, LTC on CoinEase mean

BTC, USDT, ETH, BCH, and LTC mean respectively:

『Wu』 h2>

1, BTC

Bitcoin, the concept was originally proposed by Satoshi Nakamoto in 2009, the open source software designed and released according to Satoshi Nakamoto’s ideas and the P2P network built on it . Bitcoin is a P2P form of digital currency. Peer-to-peer transmission means a decentralized payment system.

2, USDT

Tether is a virtual currency that links the cryptocurrency to the legal currency U.S. dollar, and is a kind of currency kept in the foreign exchange reserve account , obtain virtual currency backed by fiat currency.

3, ETH

Ethereum is an open source public blockchain platform with smart contract functions, which provides decentralized Ethereum Virtual Machine to process peer-to-peer contracts.

4, BCH

Bitcoin Cash is a new version of Bitcoin with different configurations launched by a small group of Bitcoin developers.

At 20:20 on August 1, 2017, Bitcoin Cash began to be mined, and an amount of Bitcoin Cash (BCH) equal to the number of Bitcoins will appear in the account of each Bitcoin investor.

5, LTC

Litecoin, abbreviation: LTC, currency symbol: Ł; is a network currency based on “peer-to-peer” technology , also an open source software project under the MIT/X11 license. It helps users make instant payments to anyone in the world.

Reference Source: Network-Bitcoin

Reference Source: Network-Tether

Reference Source: Network-Ethereum

Reference source: Network-Bitcoin Cash

Reference source: Network-Litecoin

『Lu』What is the relationship between BTC and USDT on OKEX

Mainstream currency, there are trading pairs on OKEX.

『柒』The difference between usd and usdt

usd and usdt have the following differences
1. Different status: usd is legal tender in the United States; usdt is P2P digital virtual currency;
2. Different exchange forms: usd circulates all over the world and can be exchanged for the currency of any country; while usdt can only be exchanged into US dollars, and then US dollars can be exchanged for other forms of currency;
3. The exchange price is different: usd is in Different countries exchange, its dollar value is different; and a usdt currency is exchanged for 1 US dollar.
Extension information
1. The US dollar (United States dollar currency abbreviation: USD; ISO 4217 currency code: USD; symbol: USA$) is the legal currency of the United States of America. The current U.S. dollar bills in circulation are the various banknotes issued since 1929. Appeared after the passage of the United States Coinage Act of 1792. The current issuance of U.S. dollars is controlled by the U.S. Federal Reserve System. Since 1913, the United States has established the Federal Reserve System and issued Federal Reserve Notes. More than 99% of the banknotes in circulation are Federal Reserve Notes. After World War II, continental European countries and the United States reached an agreement to use the U.S. dollar for international payments. Since then, the U.S. dollar has been widely used as a reserve currency in countries outside the United States and eventually became an international currency.
2. The main scene pattern on the front of the US dollar banknote is the portrait of a character, and the main color is black. The main scene pattern on the back is a building, and the main color is green, but there are few differences in the colors of different editions. For example, the back of the 1934 edition is dark green, the back of the 1950 edition is grass green, and the back of the 1963 edition is dark green. The signature above is the signature of the Minister of Finance, and different Ministers of Finance are issued in different years.
3. USDT, also known as Tether (USDT), is a token issued by the American company Tether in order to be equivalent to the US dollar, that is, 1USDT=1 US dollar. Users can use USDT and USD to trade at any time.Line 1:1 redemption. In order to strictly abide by the 1:1 margin promised by the company, every time it adds 1 new USDT, it will increase the account funds of 1 USD in its bank account, thus ensuring the security of investors’ use and withdrawal. At the same time, users can conduct fund inquiries on the Tether official website platform to monitor the security of their funds at any time to ensure transparency. USDT is a cryptocurrency asset issued on the Bitcoin blockchain through the Omni layer protocol. Each USDT unit can be exchanged for one dollar. USD is held in reserves of Tether Limited and can be redeemed through the Tether platform. USDT can be transferred, stored, spent just like Bitcoin or any other cryptocurrency, and users can transact and store through any Omni layer supported wallet such as Ambisafe, Holy Transaction or Omni Wallet.

『渌』 What is the relationship between USDT, BTC and ETH on Huobi.com

1. The prices of BTC and ETH you see on this platform are not real The price against the US dollar, but the price in USDT currency, USDT is priced in over-the-counter legal currency transactions. Their ups and downs are calculated in USDT, and all three of them are virtual currencies, which are just currency transactions, not real US dollar prices.

2. USDT is a completely domestic altcoin. It used to be called realcoin, but it just changed its name. Realcoin is the second generation of domestic altcoins. The first generation is called realcoin. CHNcoin Chinese currency, both of which crashed and ran away in 2013 and 2014.

3, and the actual value of USDT can be said to be equal to 0, TEDA, which issued USDT, stopped providing any services to American citizens, that is to say, TEDA cannot provide USDT to USD exchange and withdrawal.

(8) The difference between usdt and btc Extended reading:

1. Huobi.com is a safe and reliable bitcoin trading platform in China. Funds, Dai Zhikang, Sequoia Capital (shareholders of many world-renowned companies such as Apple, Alibaba, etc.) have invested tens of millions of RMB in the A round of capital investment. Huobi implements strict risk control management and operates stably. As of the end of 2016, Huobi’s cumulative turnover reached 2 trillion yuan.

2. Huobi will mainly focus on overseas transactions in the future. Founder Li Lin said in an open letter that he is currently developing 5 major businesses around the world, including Huobi Global Professional Station, Huobi Korea, Huobi China, Huobi Wallet, and Huobi Global USD Station. Among them, Huobi China focuses on blockchain technology research and development and application information, while Huobi Korea and Huobi Global Dollar Station will continue to provide digital asset trading services between local fiat currencies and digital currencies.

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