Buy RMB usdtWhat is the process ?usdtDetailed introduction

three 、usdtTypes of usdtThere are three types ,At the beginning USDTThe issuance and transactions are used Omni(Original Mastercoin)protocol ,It is a Bitcoin blockchain based 2.0Currency
Market trading model ,Have come from fiat currency trading to coin trading 。usdtAs the core currency of currency transaction ,It has great significance ,How can we buy it in RMB usdt?usdtWhat kind of existence ?Let's learn about it together below 。
one 、Buy RMB usdt
usdtIt is the most popular stablecoin ,Because their prices are tied to stable assets ,Widely used by traders 。2014 Year ,First issued on the Bitcoin network ,Used to help investors transfer fiat currencies on the blockchain 。Since then ,usdtPopularity soars ,Now it has become a currency transaction “Franchise currency ”。
We can buy it through RMB usdt,The method is very simple 。Login to register on the exchange ,You can complete registration and identity authentication by providing relevant information according to the system prompts 。Select fiat currency trading in the exchange ,You can see that there is BTCTransactions and USDTtrade ,Buy directly USDT,Click “I want to buy ”,When purchasing, you can find a certified merchant and make transactions online. ,This kind of merchant will release coins faster 。Get the seller's account information in the transaction information ,Make offline transfers ,After the transfer is completed ,Click on I have transferred the money and can wait for the coins to be released 。
two 、usdtintroduce
USDTyes TetherThe company launched a stable value currency based on the US dollar (USD)Tokens Tether USD(Next USDT),1USDT=1Dollar ,Users can use it at any time USDTand USDconduct 1:1exchange 。TetherThe company strictly abides by it 1:1Reserve guarantee ,That is, every release 1indivual USDTTokens ,The bank account will have 1US dollar funding guarantee 。Users can TetherThe platform conducts fund inquiry ,To ensure transparency 。Users can pass SWIFTWire USD to TetherBank accounts provided by the company ,Or exchange it for USDT;When redeeming the dollar ,Just reverse operation 。Users can also exchange Bitcoin on the trading platform USDT。
three 、usdtTypes of
usdtThere are three types ,At the beginning USDTThe issuance and transactions are used Omni(Original Mastercoin)protocol ,It is a Bitcoin blockchain based 2.0Currency 。USDTThe transaction confirmation and other parameters are consistent with Bitcoin 。Later, Ethereum-based ERC20Protocol and trough-based TRC20The agreement USDT。
1、Omni-USDT
This is usdtInitial Issuance and Transaction Use Types ,2014Year 11moon,Born on the Bitcoin Network ,exist 2015Several major mainstream exchanges officially launched in the year 。Omni-USDTStored on a Bitcoin address ,Therefore, every time you transfer money ,Bitcoin needs to be paid as a miner's handling fee 。Omni-USDTOn the link of the Bitcoin network ,The cost of hacking is very high ,Therefore, the assets are relatively safer 。Due to the rapid development of the money market ,To the later stage ,Omni-USDTThe transaction speed can no longer meet the needs of today's crypto trading market ,But many bulk transactions still tend to Omni-USDT,Because it is more complete and safe 。
2、ERC20-USDT
With the popularity of Ethereum ,usdtSmart contracts have also been popularized ,2018Year is born ERC20-USDT。ERC20-USDTand Omni-USDTSame ,Absenteeism fees are also required during use ,But the transfer speed has improved significantly 。Due to good safety 、Fast transfer speed ,ERC20-USDTWidely accepted by the market ,USDTTEDA, the issuer, has also begun to give up on Bitcoin Omni,Instead, support more efficient Ethereum ERC20。With TEDA's recent additions on Ethereum USDT,ERC20-USDTThe number of ,It has exceeded Omni-USDTTotal amount 50%。Except for the official abandonment OmniBeyond the agreement ,Mainstream exchanges are also beginning to turn to support ERC20-USDT。7moon3day ,Binance Exchange announced that it will be OMNISwitch to ERC20network ,Although OMNIInternet USDTYou can continue to recharge and pay ,But it will not be withdrawn OMNIInternet USDT。
3、TRC20-USDT
Due to the above two types usdtThe transaction speed is still too slow ,TEDA also issued TRC20-USDT,This is based TRC-20The agreement USDT,Use Tron Distribution ,With zero transfer fee ,Characteristics of instant account arrival ,
But for now TRC20-USDTNot very mature yet ,No security guaranteed 。
Four 、usdtOperation and circulation
Tether The cryptocurrency belongs to a special subset of digital assets called stablecoins ,This means their prices are anchored or tied to less volatile assets 。Stablecoins are an important link between the real world and cryptocurrencies 。Because their prices are tied to stable assets ,For example, a central bank like the US dollar issued (legal )currency ,Stablecoins promise to protect cryptocurrency holders from volatility ,And it is very suitable for transactions and transactions on and between blockchains 。Tether Several fiat stablecoins have been issued ,The most common of these are stablecoins pegged to the US dollar USDT,The circulation volume is approximately 730Millions of 。
Tether Don't have your own blockchain 。on the contrary ,Users can use it on some larger blockchain platforms USDT Conduct a transaction ,include :Ethereum 、Tron、Algorand、Solana、Avalanche、Polygon。
USDT Not mined ,Not decentralized ,It has a central entity ,Tether company ,issued (coin )and destroy (destroy )USDT Tokens ,Adjust token supply according to user needs 。
five 、summary
about usdtThat's all for the introduction ,As the mainstream intermediary currency in the market ,Widely loved by all investors ,But as we said above ,Although it is a virtual currency ,But it does not have the characteristics of decentralization ,This is both an advantage and a disadvantage 。There are certain risks to rely on enterprises ,It is recommended not to stock up on a large amount of coins during the investment process ,Rational investment 。
Original title : Buy RMB usdtWhat is the process ?usdtDetailed introduction
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