Tether (USDT) is a stablecoin — a cryptocurrency designed to maintain a stable value, pegged to the US dollar (USD). The idea is to offer the stability of a fiat currency with the flexibility of cryptocurrencies.
Launched in 2014, Tether is widely used for:
Hedge against volatility: in times of downturn in the crypto market, traders convert volatile assets into USDT to preserve value.
Ease of transfer: allows moving funds quickly between exchanges without relying on traditional banking systems.
Arbitrage and trading: essential for strategies involving multiple trading platforms.
🔍 Key features
Pegged 1:1 to the dollar: each USDT is supposedly backed by one dollar or an equivalent asset.
High liquidity: it is the most traded stablecoin, with billions of dollars in daily volume.
Available on multiple blockchains: including Ethereum (ERC-20), Tron (TRC-20), BNB Smart Chain (BEP-20), and Omni.
💱 How to buy USDT on Binance (Brazil)
Binance offers various ways to acquire USDT:
Credit/debit card: direct payment in USD or BRL.
Google Pay or Apple Pay: convenient methods for mobile device users.
P2P (Peer-to-Peer): buy directly from other users using methods like PIX, Mercado Pago, or PicPay.
⚠️ Attention to regulations
Starting March 31, 2025, Binance will remove support for USDT for users in the European Economic Area (EEA) due to new MiCA (Markets in Crypto-Assets) regulations. This means that, in these countries, USDT will no longer be accepted for deposits, withdrawals, or trading.
🔐 How to store USDT
You can keep your USDT directly on Binance or transfer them to external wallets:
Mobile wallets: like Trust Wallet.
Hardware wallets: like Ledger or Trezor.
Other exchanges: like KuCoin or Kraken.
Remember to always check the network compatibility (e.g., ERC-20, TRC-20) when transferring USDT to avoid losses.
💡 Useful tips
Trading fees: on Binance, the standard fee is 0.1% per transaction.
Identity verification (KYC): required to increase deposit and withdrawal limits.
Security: use two-factor authentication (2FA) and never share your private keys.