Cryptocurrency Tether (USDT) Coin Explained For Dummies

In this fun animation we ask, is USDT and USD same thing? Can I receive cash for my USDT? And how does USDT work?


  1. I use coinbase. I converted $700 to tether from Ethereum when I checked the balance it took out like $16 from my ethereum balance… That's more than 0.01%. what am I missing???

  2. thanks for the explanation

    Yes, there are a lot of rumors around Tether, but I trust the company as it is Tether who is considered the founder of the stablecoin industry

  3. Are you interested in learning about investment? Investing $100 makes $15, $300 makes $45, $500 makes $80, and $1000 makes $200Interested in adding my whatsapp 85266340392, thank you

  4. I am trying to trade USDT from trust wallet to kucoin. The default fee is 30$ roughly 60gwei’s and I was wondering if I can make that lower manually. I see the option but what are the risks of it? How low can I make it go down? What’s the best time where the fees are low?


    Please be reminded that our minimal requirements for fiat withdrawals or deposits are 100,000 USD – as outlined on our platform – and we generally do not make exceptions to this. Accordingly, we require our customers to submit financial documents that support the aforementioned minimums and/or their stated expected activity, whichever is higher.

    Thank you very much, unfortunately I don't have that amount of money.

    I would ask if it is possible to close this account and return the amount available in this account, or what could I do to get my money back?

    Thank you very much for the answer.

    I wish you a good day

    Dear Customer,

    The 150 USDT verification fee is intended to ensure that only those who are serious about establishing an account will apply. Additionally, the fee helps offset a portion of the costs we incur through the verification process, a process which your account has already incurred. As is clear from the website, our Terms of Service, and during the application process, the fee is not refundable.

    Please let us know if you have any additional questions.

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