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Tether (USDT) is a cryptocurrency that claims to be the best of both worlds, as it features open blockchain technology and traditional currency. The platform is based on the Litecoin blockchain which is simply a digital ledger that records transactions. Unlike many other cryptocurrencies, Tether is backed by their reserve system, so whatever is in the market is also held in reserves on a 1-to-1 basis. It also means that the value of Tether will always equal the value of the dollar.
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Tether actually converts cash into digital currency and anchors, or tethers the value to the price of national currencies. The Tether platform was built on top of open blockchain technologies. What that means is that Tether is secure and also decentralized. People can use Tether as an alternative to traditional currency.
Tether was founded in 2015 but has really not gained a huge following. It is currently only traded on two exchanges, Kraken and Exmo. None of the other exchanges are currently offering Tether trading options. One of the reasons for that is that Tether is simply equivalent to the U.S. dollar, so there is no real incentive to trade it.
How do I buy Tether?
You can buy Tether by using one of the currency exchanges such as Kraken or Exmo. These exchanges allow you to use a credit or debit card or bank transfer to buy Bitcoin and then you can exchange it for Tether. You can then send Tether to your sportsbook account and you can withdraw Tether from your sportsbook account to your digital wallet.
BookMaker.eu offers cryptocurrency as an easier, cheaper, safer and more reliable option for deposits and withdrawals. BookMaker Sportsbook is now accepting more than 60 cryptocurrencies for daily transactions. Cash in on the crypto craze while taking advantage of BookMaker’s great Bitcoin bonuses!
Along with Bitcoin, the cryptocurrency list that BookMaker.eu now accepts includes Bitcoin Cash, Ether, Litecoin, Monero, Dash, FirstBlood, Aragon, Basic Attention Token, Bancor, Blackcoin, Bitchares, Civic, Clams, Decred, Digibyte, Dogecoin, Edgeless, EOS, Ether Classic, Factoids, FunFair, GameCredits, Gnosis, Golem, Matchpool, Komodo, LBRY Credits, Namecoin, NEM, Numeraire, Nxt, OmiseGo, Potcoin, Augur, Reddcoin, IExec, SALT, Siacoin, Status, Startcoin, SingularDTV, Swarm City, WeTrust, VeriCoin, Vertcoin, Waves, Wings, Ripple, Zcash, 0x, BitcoinDark, DigixDAO, district0x, Emercoin, Iconomi, Lisk, MaidSafe, Omnicoin, NuBits, Novacoin, TenX, Peercoin, Qtum, StorjX, Steem, TokenCard, Tether, Voxels and Counterparty.
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