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Introduction
How to buy Tether ? This is the question of many new investors in the field of digital currencies. Tether has many applications in the digital currency trading market, and with this in mind, in this article from Farhad Moghadam Salimi’s Crypto School, we will learn more about this attractive currency and its importance.

Why is it important to buy Tether?

Examining why to buy Tether takes precedence over how to buy Tether. Due to the inherent volatility of the crypto market, many investors try to protect the value of their digital assets by investing in stablecoins like Tether. At the same time, with the help of Tether, these assets are always kept in the form of a digital currency and ready to use. Tether has found great use for investment, especially in Iran, due to its close price to the dollar.

Learn more about Tether

Tether (USDT) was first introduced in 2014 and is a major player in the crypto market and digital currency trading. It can be considered a kind of unofficial dollar, but it is not issued by the US government, but by the private company Tether, which is responsible for producing and issuing this currency.

Use of Tether cryptocurrency

Tether is a fiat currency. Fiat currencies are types of stablecoins that are backed by official government currencies such as the US dollar (USD), Canadian dollar (CAD), Australian dollar (AUD), or even the yen (JYP). Tether was created to be a bridge between fiat currencies and the blockchain space. With the help of this stablecoin, it is possible to buy and sell digital currencies with minimal fees , while maintaining the transparency of transactions and the stability of the value of assets.

How Tether is doing in the cryptocurrency markets

Tether is ranked third in the list of the top cryptocurrencies in the crypto market by market cap. It has been accepted in the cryptocurrency market for many years and is currently one of the most reputable currencies in the crypto market. Of course, there are currently projects that may be considered worthy competitors to it, but Tether has a strong position in the market. Tether is accepted as a payment method by many vendors and protocols in the blockchain ecosystem. This means that, given its wide scope of use in the cryptocurrency market, it can safely overcome market risks and the emergence of competitors.

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Why is buying Tether a priority?

The most important advantage of Tether is its price stability in the global market. Tether plays an effective role in providing liquidity to the market and protecting digital assets from fluctuations because its value does not increase or decrease significantly. Given this, if your investment goals are in line with Tether’s performance, it is a good choice.

How to buy Tether?

The first step in answering the question of how to buy Tether is choosing a reputable cryptocurrency exchange. Tether is tradable on all exchanges due to its great popularity. You can choose both Iranian and foreign exchanges to buy Tether. Make sure that the exchange you choose is reputable. Also, keep in mind that some of them do not cooperate with Iranian users. As a result, using Iranian exchanges can be easier.
Among the best exchanges for buying Tether in Iran is Afex Pro. This exchange is one of the most reputable Iranian exchanges where not only Tether but also many other cryptocurrencies can be traded.

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How to buy Tether from Afex Pro

How to buy Tether from Afex Pro? All you need to do is open an account on this exchange and go through the verification process. Then, you can use the website’s features to buy and sell Tether and any other digital currency. The process of transferring digital currency from Afex to your wallet is also clear and easy. Especially if you use the exchange’s own wallet called Fax Wallet.

Tether online price

At the time of writing, Tether is trading at 93,742 thousand Tomans. The dollar is trading at 92,520 thousand Tomans, which means that each Tether is worth approximately one dollar. This indicates a 1:1 ratio between the dollar and Tether.

Is Tether a stablecoin?

Yes, Tether is a stablecoin. This means that it continually tries to maintain its value in the market. As long as the Tether to US dollar ratio is 1:1, each Tether will trade for one dollar.

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The importance of using a wallet to store Tether

Part of the journey of how to buy Tether depends on choosing a good wallet. The wallet you choose for Tether depends on what you want to use it for. It also matters a lot how much Tether you want to keep in your wallet.
Hardware and offline wallets are the best Tether wallets in terms of security, but they are more expensive. These wallets are especially recommended for situations where the number of currencies you intend to store is relatively large.
The next option is software wallets. These wallets are free and easier to use. You can install different versions of software wallets on your computer or mobile phone. There are centralized and decentralized types of software wallets. In centralized wallets, the service provider can monitor your account and has access to your private keys. While in decentralized wallets, you have complete control over your account.
Each of these types of wallets can have their own advantages and disadvantages. Learning how to buy Tether is important because, for example, in decentralized wallets, you are fully responsible for your assets. In these wallets, if you lose your wallet’s private keys, you will have no way to access your wallet.

final word

Before we dive into how to buy Tether, it’s important to first consider whether this cryptocurrency is a good fit for your investment goals. Tether offers unique benefits to investors looking for stability, but you need to be careful.

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