Tether (USDT) Price Chart

If you have decided to buy any cryptocurrency - the first step you need to do is to study its price trend on the chart. Tether token price chart shows the USDT price changes. This is a necessary step for all cryptocurrencies in order to find out the current value of the asset, study past price changes over time and assume future rises or falls. Thus, you can understand whether it is a suitable time for you to buy now.

Tether (USDT) is a cryptocurrency that is designed to be a kind of equivalent for the US dollar but in a digital money form. It means that USDT token price fluctuations fully depend on USD. All important information about the asset is located right above the chart. There you can find the next numbers - Tether's last price and daily change. 

Be aware of the current market situation! For it, we have placed top-10 mostly traded pairs on our crypto trading platform and their current values above the chart too. If you see a pair in this list, it means that it is now actively traded on CEX.IO.

We understand how important the ease of use of the platform and the speed of making transactions are. 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, indicate the amount you want to buy or sell, and place your order — that's all!

About Tether coin (USDT)

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

Stablecoins are cryptocurrencies designed to minimize volatile price fluctuations on the market by linking such a token or coin to a fiat currency. Tether is directly linked to USD in a ratio of 1:1. Thus, you can store your funds in USDT similarly to how people store dollar savings, but in case with 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, let's preserve the value of capital, despite the high volatility of the cryptocurrency market in general. It makes Tether one of the stable cryptocurrencies. For example, the USDT rate almost always equals the US dollar price.

The presence of Tether on trading platforms provides more convenient transactions for users. USDT pairs are known to be one of the most traded on the market. Sometimes, in order to convert fiat money to cryptocurrency, you need to perform many actions. There are also situations when such operations take longer than you expect. 

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

There are also platforms where fiat currencies are not represented at all. USDT and other stablecoins in this case act as the most closely-linked assets to traditional finance. 
Among traders the most used pairs with Tether are BTC to USDT, and ETH to USDT.

Tether (USDT) price history

Since the value of USDT always corresponds to the value of the US dollar, there have not been any historically sharp and significant jumps. 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, but such a drop happened only once in April 2017. Thus, Tether historical price can also be considered stable, and USDT price analysis proves it.

How can I use USDT with CEX.IO services?

In order to use the services of the CEX.IO ecosystem, you need to create a trading account and go through the identity verification procedure. All operations including trading and deposits/withdrawals will be available right after. Different options for working with the platform are available depending on your trading goals. More on this below.

Instant Buy

All CEX.IO users can buy cryptocurrencies (including USDT) via their debit or credit cards. It is possible to buy crypto for USD, EUR, and GPB. If your card is issued in a different currency it’s not a problem - the sum will be automatically converted. This way of crypto purchase is the fastest and takes a few seconds.

Spot trading

On the Spot Trading platform, you can make buy/sell operations between market players. You can choose between Market, Limit and Stop Limits orders according to your needs.

CEX.IO Mobile app

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