What is Tether (USDT)?
Tether (USDT), introduced in 2014, is a blockchain-based stablecoin tied to the value of the US Dollar. Created by Tether Limited, USDT was among the first stablecoins, designed to combine the unrestricted nature of cryptocurrencies with the stable value of the US dollar. It operates on several blockchains, including Bitcoin, Ethereum, and Tron, allowing users to transact in a cryptocurrency without the high volatility typically associated with digital currencies.
This makes USDT a preferred medium for transactions, trading pairs, and preserving value in times of market volatility. USDT has played a critical role in the crypto ecosystem, providing a bridge between traditional finance and the digital currency world, and has been a key player in the rise of decentralized finance (DeFi).
This makes USDT a preferred medium for transactions, trading pairs, and preserving value in times of market volatility. USDT has played a critical role in the crypto ecosystem, providing a bridge between traditional finance and the digital currency world, and has been a key player in the rise of decentralized finance (DeFi).
Why choose Rabbit Wallet for Tether?
Whether you're a total crypto newbie or a seasoned pro, Rabbit Wallet's got your back for
handling your USDT with ease. Check out some cool features that make Rabbit stand out:
Exchange Tether (USDT)
With the Rabbit's built-in coin swap feature, you can exchange your Tether for
any other coin at the best rates without ever leaving the cozy confines of your
wallet.
Self-Custodial
With a self-custodial wallet, you control the keys to your Tether, meaning that
nobody, not even Rabbit, can ever access your coins. This also leads to faster
transactions with no third-party fees except for miners and increased flexibility.
Optimal Fees
The unique fee calculation algorithms provide you with various options when
available, allowing you to choose the most optimal one to ensure your transaction is
confirmed both swiftly and cost-effectively.
User-Friendly
We've worked hard to make Rabbit Wallet user-friendly for everyone. Packed with
features, it suits users at all levels, and our developers respond directly when
help is needed.
How to use Rabbit Wallet?
Creating a new wallet takes just a few clicks, and requires no information from you.
Here is a short brief on how you can create your new wallet:
Here is a short brief on how you can create your new wallet:
Save your phrase
You will be given a phrase, which will act as a primary key to your wallet. Save it
securely.
Set your password
Password is required to both open your wallet, and to perform any transactions.
You are in!
Now you are all set to explore the crypto world! Welcome to freedom!
Friendly tip: Having your passphrase on a sticky note under a keyboard might not be the best way to
store it.