The four most famous international exchanges:

Binance INTL	OKX INTL	Gate.io INTL	Huobi INTL
China Line　APP DL	China Line　APP DL	China Line　APP DL	China Line　APP DL

Note: The above exchange logo is the official website registration link, and the text is the APP download link.

The most important thing for people speculating in cryptocurrencies is the price. USDT is a token based on the stable value currency USD launched by Tether. Simply put, USDT is a virtual currency that links cryptocurrency to the legal currency USD. It is a virtual currency that is stored in a foreign exchange reserve account and supported by legal currency. The issuance and trading of USDT uses the Omni protocol, which is a 2.0 currency based on the Bitcoin blockchain. The number of USDT is not constant and will be increased according to market conditions, which means that the total amount will change, and its price will also fluctuate. The specific situation analysis will be described in detail below.

 Will the price of USDT fluctuate?

As we all know, the price of USDT is benchmarked against the US dollar, that is, 1 US dollar is 1 USDT, and in China, the exchange rate between the US dollar and the RMB will change, so the price of USDT will also change, but relatively speaking, the price of USDT is relatively stable.

1 USDT equals 1 US dollar only from Tether's promise, and Tether is suspected of overissuing USDT and faces compliance risks. Logically speaking, USDT should not be able to achieve a peg to the US dollar.

But the fact is just the opposite. In the market, USDT can still fluctuate slightly around the US dollar.

Imagine if you are going to sell a USDT, what will you do? Will you exchange it with Tether? Although Tether promises to exchange, it has set up a series of obstacles and the arrival time is also slow.

If you are a Chinese who does not have a US dollar bank card (you are most likely), you will not be able to exchange it with Tether. So you will most likely sell it in the over-the-counter market.

In this way, USDT is completely left to the market to price, and it is left to the most market-oriented market in the world, the digital currency market, where there is almost no intervention and externalities are not obvious.

Combined with the purpose of USDT, which is used to replace the US dollar to perform the function of trading with digital currencies, then it is natural for the market to price USDT at $1.

USDT has become a consensus currency. Although Tether's price will be affected every time it is accused and exposed, it can always return to around $1 through market adjustments.

 Tutorial on how to make a profit by speculating on USDT

There are still many exchanges that can speculate on USDT. The following editor of Coin Circle will introduce it to you by taking (you can create an account if you don’t have an account) as an example.

The first step is to open the mobile app:

1. Open the official website to download the Binance APP, enter the Binance homepage, and click the [] button in the upper left corner. (Note: Domestic users currently only support email registration!)

2. Click to jump to the login/registration page. If you have not registered yet, select [Register Now]--[Register with a mobile phone or email]--Select [Taiwan] for the country/region of residence according to the prompt below, and enter the email and password as required. After carefully reading the "Binance Terms of Service", check and click the [Register] button.

Security Tips:

For account security, please ensure that the account password is at least 8 characters long when setting it. It must contain uppercase letters and 1 digit

If you need to fill in the referrer ID, please confirm with the referrer and fill it in. After successful registration, the referral relationship cannot be changed.

3\. After clicking register, a puzzle verification code will pop up. Please drag the slider to complete the puzzle.

4. After the image verification is passed, the system will automatically send a verification email to the registered email address. Please log in to the email address to check the verification email and enter the verification code. After passing, the registration is completed.

5. After registration and login, please click on the head portrait in the upper left corner, complete the identity and authentication as required, click on the payment method settings, add the payment method and bind the mobile phone number.

6. Return to the homepage, click "Quick Buy Coins", then select the desired currency, price, payment method, and click on the merchant advertisement.

7. In the pop-up window, enter the purchase quantity/amount, select the payment method, confirm the transaction price again, and click "Buy" below.

8. Click "Go to Pay" in the lower right corner, and complete the payment according to the payment method provided by the seller within the specified time, and click "I have completed the payment" below.

Please note:

You need to transfer money to the seller yourself through online banking, mobile banking, Alipay, WeChat or other third-party payment platforms according to the payment method displayed by the seller. Binding the payment method on the platform does not mean clicking "Go to Pay" and "Paid" will automatically transfer the money to the seller

If you have not really paid, please do not click "I have completed the payment", which is not allowed by the transaction rules.

In the "Payment Confirmation" pop-up window, click "Confirm".

10. After the payment is confirmed, wait for the seller to release the currency. During the waiting process, you can contact the seller or the platform customer service, see the notes at the end of the article for details.

After the seller releases the currency, the transaction is successful. You can click "Transfer to Coin Account" to transfer the digital assets to the Coin Trading Account.

11. You can also see the newly purchased digital assets or transfer assets in the "Funds" in the lower right corner.

Note:

If you have not received the currency 2 minutes after clicking "I have completed the payment", you can click the phone icon in the upper right corner or chat to contact the seller.

If you have not received the coin after 10 minutes of clicking "I have completed the payment", you can click "Appeal" and submit the appeal as required. The platform customer service will intervene in time to help you process the order.

Note: The OTC trading area currently only provides the buying and selling of USDT/BTC/ETH/BNB/EOS/BUSD. If you need to trade other digital assets, please go to the coin trading area to purchase. If you have other questions or disputes, you can contact the platform official.

The above is the explanation of the relevant content of whether the price of USDT is constant. Finally, the editor of the currency circle wants to tell investors that in most of the exchanges, USDT is used as a legal digital currency, that is, if you want to buy other digital currencies, you must exchange your cash for the legal digital currency specified by the digital currency exchange. Therefore, investors must understand USDT clearly. In addition, no matter what digital currency, investors must pay attention to its market changes, especially the digital currency they invest in. Only in this way can investors be invincible.