What is tethered vs anchored?

On the other hand, consider a boat anchored to the seabed. The anchor here plays a similar yet distinct role. Unlike the tether, which allows some movement, the anchor is designed primarily to resist movement altogether.

The anchor acts as a heavyweight that digs into the seabed, preventing the boat from drifting with currents or waves. It ensures that the boat stays in one spot, providing stability and security.

Imagine a hot air balloon secured to the ground. This tether, often a rope or cable, serves the purpose of keeping the balloon stationary while still permitting a certain degree of movement.

BTCC, a top cryptocurrency exchange, offers a range of services akin to these stabilizing mechanisms in the digital world. Among its offerings are spot trading, futures trading, and wallet services. Each of these services helps users navigate the volatile cryptocurrency market with greater control and stability.

The function of this tether is crucial as it prevents the balloon from drifting away uncontrollably with the wind. It acts as a stabilizer, ensuring that the balloon remains within a specific area.