What is the exchange rate of the API USDT? (2024)

What is the exchange rate of the API USDT?

The current API to USDT exchange rate is 0.000148 USDT and has increased by 0.09% over the past 30 days.

What is the official rate of USDT?

How much is true USD to USDT?

Current TUSD to USDT exchange rate

1 TUSD equals 1.00 USDT. The current value of 1 True USD is +4.87% against the exchange rate to USDT in the last 24 hours. The current True USD market cap is $1.29B and the Tether market cap is $98.59B.

What is the rate of digital USDT?

Price of USDT today

The live price of Tether USDt is $ 1.001237 per (USDT / USD) with a current market cap of $ 98.92B USD. 24-hour trading volume is $ 79.16B USD. USDT to USD price is updated in real-time. Tether USDt is +0.07% in the last 24 hours with a circulating supply of 98.80B.

What is the selling rate of USDT today?

Tether (USDT) is worth Rs310. 20 today, which is a 0.0% increase from an hour ago and a 0.0% decline since yesterday. The value of USDT today is 0.4% lower compared to its value 7 days ago.

Is USDT the same price as USD?

The exchange rate of Tether is increasing. The current value of 1 USDT is $1.00 USD. In other words, to buy 5 Tether, it would cost you $5.00 USD. Inversely, $1.00 USD would allow you to trade for 1.00 USDT while $50.00 USD would convert to 49.96 USDT, not including platform or gas fees.

How much is $5000 USDT in USD?

How do I convert USDT to cash?

Can you sell USDT to USD?

At the current Tether price, one USDT is worth $1. Kraken makes it easy to sell Tether for USD in minutes. How do I get my money after selling Tether? After you sell your Tether using Kraken, you can use our flexible funding options to withdraw your cash to your bank account in as little as 0-5 business days.

How to sell USDT for real money?

You may find multiple ways of selling USDT. However, the fastest way to do this is via a cryptocurrency exchange. CEX.IO is a secure and reputable platform available 24/7/365, so you may do any procedure when you need it. The platform offers multiple trading options, crypto staking, savings account, loans, etc.

What is the cheapest network to deposit USDT?

Binance offers one of the lowest USDT transaction fees at 0.29 USDT when using the BEP-20 network. Coinbase charges a percentage-based fee that scales with the transaction amount. Kraken and KuCoin have higher fees for certain network options.

How do I transfer USDT to bank account?

Go to 'Fiat and Spot' on Binance and sell USDT for USD or another available fiat money. Once sold, go to the 'Withdraw' section and select the fiat option. Choose the bank account you want to transfer, enter the amount, and confirm.

Who owns USDT?

This means USDT is a stablecoin, fluctuating in value with the U.S. dollar and backed by Tether's dollar reserves. USDT is issued by Tether, a company owned by iFinex, the Hong Kong-registered company that also owns the crypto exchange BitFinex.

How much is $500 USD in USDT?

The current 500 USD to USDT exchange rate is 498.96 USDT and has decreased by -0.09% over the past 30 days.

What is USDT backed by?

USDT is backed by real-world assets such as fiat currency and U.S. Treasurys so that it is always one to one redeemable with the U.S. dollar. Stablecoins are used by traders to move in and out of different cryptocurrencies without the need to convert money back into fiat currencies.

How do I withdraw USDT?

Is USDT legal in USA?

The U.S. cryptocurrency market is regulated by various financial authorities, including the Financial Crimes Enforcement Network (FinCEN), which ensures the legality and security of crypto transactions, including those involving USDT.

Why buy USDT instead of USD?

USDT is pegged to the US dollar. As a result, it makes it resistant to market volatility, which can have a significant impact on the valuation of other cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH).

Why buy Tether instead of USD?

From exchanges and digital wallet apps to decentralised finance (DeFi) protocols and payment services, Tether tokens offer a smart alternative to fiat gateways. All Tether tokens are pegged at 1-to-1 with a matching fiat currency (e.g., 1 USD₮ = 1 USD) and are backed 100% by Tether's reserves.

How much is 1million USDT?

Current value of 1000000 USDT in NGN is 1,584,330,000 NGN

This is the real-time data fetched from our partnered price aggregators. At the moment, you are looking at the conversion of 1000000 USDT when 1 USDT is valued at 1,584.33 NGN.

How much is $1 USDT in BTC?

1 USDT equals 0.000015 BTC. The current value of 1 Tether is -2.16% against the exchange rate to BTC in the last 24 hours. The current Tether market cap is $100.59B and the Bitcoin market cap is $1.28T.

How is USDT pegged to the dollar?

Tether tokens are pegged to a fiat currency at a 1-to-1 ratio, meaning that, in theory, 1 token equals 1 unit of that currency. A user can exchange fiat currency for Tether tokens by depositing the desired amount into Tether's reserve and receiving the equivalent in Tether (USDT).

What banks accept USDT dollars?

Xapo Bank is currently the only regulated bank in the world that allows sending and receiving USDT. When Xapo Bank members send or receive USDT, it is instantly converted to US Dollars. The converted USD then automatically starts to earn 4.6% annual interest that's paid daily.

Can you withdraw USDT to your bank account?

To withdraw USDT to a bank account, one can use an exchange that supports the withdrawal of USDT to a bank account. The process usually involves transferring USDT to the exchange, initiating a withdrawal request, and providing the necessary information such as the bank account name.

Is converting USDT to USD taxable?

Yes. Stablecoin income and stablecoin disposals are subject to tax. Can USDT be taxed? Like other cryptocurrencies, stablecoins like USDT are subject to ordinary income and capital gains tax.