Tether (USDT) Price Chart

If you have decided to buy any cryptocurrency, the first step you need to take is to study its price trend on the chart. The Tether token price chart shows the changes in the USDT price. This is an essential step for all cryptocurrencies to determine the current value of the asset, examine past price changes over time, and speculate future rises or falls. Thus, you can understand whether it is a suitable time for you to buy now.

Tether (USDT) is a cryptocurrency designed to serve as a kind of equivalent to the US dollar in a digital money form. This means that USDT token price fluctuations are fully dependent on USD. All relevant information about the asset is located directly above the chart. There you can find the following numbers - Tether's last price and daily change. 

Be aware of the current market situation! For this, we have placed the top-10 most traded pairs on our crypto trading platform alongside their current values above the chart as well. If you see a pair in this list, it indicates that it is currently being actively traded on CEX.IO.

We understand how important ease of use and transaction speed are on the platform. That is why you can trade directly on this page. Start trading in a few simple steps: choose the type of order according to your preferred strategy, specify the amount you want to buy or sell, and place your order — that's all!

About Tether coin (USDT)

USDT is the most recognized cryptocurrency stablecoin. Moreover, USDT ranks third in terms of capitalization and first in trading volume among all existing stable cryptocurrencies.

Stablecoins are cryptocurrencies designed to minimize volatile price fluctuations in the market by linking such tokens or coins to a fiat currency. Tether is directly linked to USD in a 1:1 ratio. Hence, you can store your funds in USDT just like people store dollar savings, but in the case of USDT, your money will be stored online. When you need your money back in fiat form, you can convert USDT to USD on the exchange.

Current Tether (USDT) price index

The fact that USDT is linked to the fiat US dollar rate helps preserve capital value despite the high volatility of the cryptocurrency market overall. This makes Tether one of the stable cryptocurrencies. For instance, the USDT rate almost always equals the US dollar price.

The presence of Tether on trading platforms facilitates more convenient transactions for users. USDT pairs are known to be among the most traded in the market. Sometimes, converting fiat money to cryptocurrency requires many actions. There are also instances when such operations take longer than expected. 

Let’s take pairs with Bitcoin as an example. On the CEX.IO cryptocurrency platform, you can buy Bitcoin and trade them in various currency pairs, as well as with Tether or USD. Trading Bitcoin to Dollar is almost the same as trading the BTC/USDT pair. The difference lies in that the first case is a crypto/fiat operation, while in the second, it is a crypto/crypto.

There are also platforms that do not feature fiat currencies at all. In such cases, USDT and other stablecoins act as the most closely-linked assets to traditional finance. 
Among traders, the most utilized pairs with Tether are BTC to USDT and ETH to USDT.

Tether (USDT) price history

Since the value of USDT consistently corresponds to that of the US dollar, there have not been historically sharp and significant fluctuations. Tether was launched in 2014, and since then it has always approximated the rate of 1 USDT = 1 USD. Since its inception, the price of Tether has never dropped below 0.92 USD per token, although such a dip occurred only once in April 2017. Therefore, Tether's historical price can also be regarded as stable, and USDT price analysis confirms this.

How can I use USDT with CEX.IO services?

To use the services of the CEX.IO ecosystem, you need to create a trading account and undergo the identity verification procedure. All operations including trading, deposits, and withdrawals will be available immediately afterward. Various options for working with the platform are available depending on your trading objectives. More on this below.

Instant Buy

All CEX.IO users can purchase cryptocurrencies (including USDT) using their debit or credit cards. It is possible to buy crypto for USD, EUR, and GBP. If your card is issued in a different currency, it's not an issue - the amount will be automatically converted. This method of crypto purchase is the quickest and takes only a few seconds.

Spot trading

On the Spot Trading platform, you can conduct buy/sell operations between market players. You can choose between Market, Limit, and Stop Limits orders based on your requirements.

CEX.IO Mobile app

The CEX.IO mobile application is a cryptocurrency platform in your pocket. All the functions available on the platform are included in the app. Thus, trading is at your fingertips 24/7.