CryptoVisionary
Fri Jun 07 2024
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5 answers
1062
Is it safe to leave money in USDT?｜Sufficient Reserves: . This means that for every USDT in circulation, Tether holds a corresponding amount of traditional currency or equivalent assets, ensuring the token's value is grounded in real-world assets.The cornerstone of USDT's safety is Tether's ability to back each token with equivalent reserves
Is it advisable to entrust our funds to USDT? | Could you elaborate on the sufficiency of its reserves? It seems that for each USDT token in circulation, Tether maintains a matching amount of traditional currency or comparable assets. Does this practice truly anchor the value of the token to real-world assets? Furthermore, what is the underlying foundation of USDT's purported safety? Is it solely reliant on Tether's capability to back each token with corresponding reserves?
Elena
Fri Jun 07 2024
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5 answers
1248
Is USDT legal in Singapore?
Could you please clarify for me the legality of USDT in Singapore? I've been hearing conflicting information and I'm not quite sure if it's allowed to be used or traded in the country. Could you provide some insights into this matter? Is there any regulation or policy governing the use of USDT in Singapore? It would be greatly appreciated if you could shed some light on this issue for me.
Raffaele
Fri Jun 07 2024
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6 answers
1537
How to get 100 USDT on Binance?
Could you kindly elaborate on the process of obtaining 100 USDT on Binance? I'm interested in understanding the steps involved, from creating an account to successfully depositing the desired amount. Would I need to verify my identity? Are there any specific payment methods supported? Also, could you provide any insights on the associated fees and potential risks involved in this transaction? Thank you for your assistance in clarifying this matter.
Giulia
Fri Jun 07 2024
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5 answers
880
Is USDT legal in Singapore?｜. In a pioneering decision in the common law, the Singapore High Court has held that Tether (a type of cryptocurrency known as fiat-backed stablecoin, pegged to the US dollar and also known as USDT) is property - specifically a chose in action.SINGAPORE COURT HOLDS THAT USDT IS PROPERTY CAPABLE OF BEING HELD ON TRUST
Could you please elaborate on the legality of USDT in Singapore? The Singapore High Court's recent ruling characterizes Tether, a fiat-backed stablecoin pegged to the US dollar, as property capable of being held on trust. Does this ruling imply that USDT is now considered legal tender in Singapore? Or does it simply classify it as a type of asset that can be held in trust? I'm curious to know how this decision affects the regulatory status of USDT in Singapore and whether it opens up new opportunities for cryptocurrency transactions within the country.
BlockchainLegend
Fri Jun 07 2024
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7 answers
1823
How to buy USDT in AUD?｜Instant Buy - You can buy USDT instantly with your Mastercard debit card, with only a 2% fee. You can also use Apple Pay or Google Pay with Instant Buy on the CoinJar mobile app. Bank transfer - You can buy USDT with your bank account using bank transfer. This method has no fees, but may take longer to process.
Could you please elaborate on the process of purchasing USDT using AUD? I'm particularly interested in the Instant Buy option. What are the exact steps I need to follow? Also, is there a minimum or maximum limit for purchasing USDT through this method? Moreover, how secure is the process and what measures are taken to protect my personal and financial information? Lastly, regarding the bank transfer option, could you provide more details about the timing involved? How long does it typically take for the transaction to be processed? Thank you for your assistance.
