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USDT virtual currency – also commonly known as U or USDT. USDT (Tether) is a stablecoin pegged to the US dollar. It is designed to maintain a 1:1 parity with the US dollar, which means that 1 USDT is always equal to 1 US dollar. It is primarily used as a means of transferring value between different digital asset exchanges, allowing traders and investors to easily transfer funds between platforms without converting them into different fiat currencies.
Today I used three completely different companies, Crypto.com , Ledger and WirexApps , to convert USDT into British pounds (fiat currency) at almost the same time. It turned out that Crypto.com was the darkest, charging 200 U more than WirexApp, and Ledger’s The exchange rate for the virtual card of the hardware wallet is between the two.
USDT Exchange Rate Comparison between WirexApp vs Crypto.com. It costs more on Crypto.com than WirexApp
Good guy, I have been using Crypto.com for a long time, and I used to exchange USDT directly into British pounds, to buy groceries and so on. I didn’t expect the exchange rate to be so bad. This is not the first time I noticed this problem. It was only after doing such a comparison today that I found out that the difference is so big.
Ledger is a well-known hardware wallet . They also launched this Crypto card, but currently only supports USDT on ETH, and the exchange ratio is slightly better than Crypto.com .
A friend said that P2P (Peer to Peer, Person to Person?) can be used to withdraw funds, and the conversion ratio obtained in this way is much better. I will try it next time!
The buying and selling prices of the virtual currency exchange Exchange are not the same, so generally speaking, you will lose money if you buy it and sell it immediately or buy it immediately after selling it.
Among the three “exchanges”, I like WirexApps the most, because its USDT supports the most networks, including TRON-TRC-20, while the other two basically only support Ethernet. In addition to ETH, Crypto.com also supports Polygons, USDT on Cronos.
Steem goes to the moon!
- You can exchange STEEM/SBD for TRON U – USDT (TRC-20) through Steem2USDT !
- Sign up for a free STEEM account on SteemYY !
English: The USDT to GBP Exchange Rate Comparison: Crypto.com, Ledger and Wirex
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Exchange rate comparison of virtual currency USDT to fiat currency GBP: Crypto.com, Ledger hardware wallet card and WirexApps . ( AMP mobile acceleration version )
The post Exchange Rate Comparison of Virtual Currency USDT to Fiat GBP: Crypto.com, Ledger Hardware Wallet Card and WirexApps first appeared on Little Laizi’s UK Life and Information .
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