Buy USDT on Bittime: Complete Tutorial for Beginners

Bittime - Tether USDT (USDT) is a stablecoin whose value is always equal to the US dollar, created by Brock Pierce, Craig Sellars, and Reeve Collins. This article explains how Tether works, as well as a guide to purchasing through platforms like Bittime.

What is Tether USDT (USDT)?

Tether USDT (USDT) is a stablecoin whose value reflects a fiat currency, such as the US dollar. This means, the value of 1 USDT should always be equal to 1 dollar.

Who is the Creator of Tether USDT (USDT)?

USDT was created in July 2014 by Brock Pierce, Craig Sellars, and Reeve Collins. Initially this crypto asset was called Realcoin, but in 2015 the company changed its name to Tether.

How Does Tether USDT (USDT) Work?

Tether operates on different blockchains, including Ethereum and Tron. Each USDT issued is backed by one US Dollar or equivalent asset held by Tether Limited, the company behind Tether.

How to Buy Tether USDT (USDT) on Bittime?

Steps to Buy Tether (USDT IDR):

• Open your Bittime account.
• Select the Market menu or click the graphic icon.
• Select the currency pair to use. Choose IDR if you want to buy Tether (USDT) with Rupiah.
• Click 'Buy'.
• Select the order type to use. Limit orders, market orders and stop orders are available.
• Enter the nominal rupiah to buy USDT. Minimum purchase of crypto assets on Bittime IDR 10,000.
• Click the 'Buy USDT' button.
• A notification pop up will appear. Read it carefully and click 'Confirm'.
• Enter the six digit Transaction PIN.
• The application will display a successful order notification.
• Your order will appear in the open orders section if you select limit orders.
• Then if the purchase is successful, you can check it in the order history.
• As soon as the order is successfully executed, you can see Tether (USDT) available in the Assets menu or the wallet icon.

Conclusion

Brock Pierce, Craig Sellars, and Reeve Collins created Tether USDT (USDT), a stablecoin whose value is always equal to the US dollar. Each USDT, which operates on blockchains such as Ethereum and Tron, is fully backed by United States dollars or an equivalent asset. With special procedures, USDT purchases can be made through platforms such as Bittime. These stablecoins are very important for maintaining value stability in the crypto ecosystem.

How To Buy Crypto With Bittime

You can buy and sell crypto assets in an easy and safe way via Bittime . Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti.

To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application.

Monitor price chart movements of Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.