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Definition and Core Features of USDT
USDT (Tether) is the most widely used stablecoin globally, issued by Tether, and pegged to the US dollar at a 1:1 ratio, aimed at providing price stability in the cryptocurrency market. Its core features include:
- Basic Attributes
Anchoring Mechanism: Each USDT is backed by 1 US dollar (or equivalent assets) held in reserve by Tether, and the reserve audit reports can be checked on the official website.
Circulation: As of 2025, the total circulation of USDT has surpassed 20 billion, accounting for over 65% of the stablecoin market share.
Blockchain Type: Supports multi-chain protocols such as ERC-20 (Ethereum), TRC-20 (Tron), with transfer fees and speeds varying by chain.
- Application Scenarios
Trading Hedging: Exchange USDT to preserve value during cryptocurrency market volatility.
Cross-Border Transfers: Bypass traditional banking systems for low-cost international remittances.
DeFi Participation: Serves as a foundational asset for decentralized finance (such as lending and liquidity mining).
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Comparison of USDT with Other Stablecoins
Stablecoin Issuer Audit Transparency Main Use Cases USDT Tether Monthly reserve reports Exchange trading, cross-border transfers USDC Circle Real-time on-chain reserve verification DeFi protocols, corporate payments DAI MakerDAO Over-collateralized asset guarantee Decentralized finance applications -
How to Buy and Trade USDT (2025 Latest Tutorial)
Step 1: Register and Download the OKX App
Visit the official website: Enter https://ouyijoin.com (real-time synchronization with global nodes) using Chrome/Safari browser.
Register an Account:
Copy the registration link to open in the browser, register through the link provided by the official site, download the OKX APP as instructed, and complete the registration. After successful registration, you will enjoy high-quality trading services and rich user benefits provided by OKX.
Download the Client:
After registration is complete, click the top right corner to find the download page. Android users can directly download and install the package, then log in with the registered account to start using. Apple users need to complete registration first, then download the app from the Apple Store using an overseas ID and log in with the registered account (overseas IDs are available for purchase). Only those who register through the web link can enjoy fee discounts and receive a mystery box gift in the APP! The mystery box may contain fee discounts or direct cryptocurrency gifts, with a maximum value of 60,000 yuan in digital currency.
Step 2: Exchange Fiat for USDT
Quick Purchase:
Log in to the App → Enter the "Quick Buy" page → Choose Alipay/Bank Card payment.
USDT funds will be automatically credited to your account at the real-time exchange rate.
C2C Trading:
In the "Fiat Trading Zone," select quality merchants, compare quotes, and place an order to purchase.
Step 3: Trade USDT for Other Cryptocurrencies
Spot Trading:
Search for trading pairs like BTC/USDT, ETH/USDT → Enter the purchase amount → Use "Limit Order" to control costs.
Contract Trading (High Risk):
Choose USDT-based contracts, set leverage from 1-125 times, and enable "Take Profit and Stop Loss" to reduce risk.
Step 4: Withdraw and Store USDT
Withdraw to Wallet:
Generate a compatible on-chain address (such as ERC-20 or TRC-20) → Pay miner fees to complete the transfer.
Wealth Management:
Deposit into OKX "Yubi Treasure" to enjoy an annualized yield of 3%-8% on demand.
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Precautions for USDT Trading
- Safety Risk Prevention
Chain Selection: Preferably use the TRC-20 chain (with fees as low as 1 USDT), and for large transfers, choose the ERC-20 chain (for higher security).
Address Verification: Always verify the first and last characters of the address before withdrawal to avoid asset loss due to transferring to the wrong chain.
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Frequently Asked Questions (2025 Latest Version)
Q1: Will USDT lose its peg?
→ Tether regularly publishes reserve reports (including cash, government bonds, etc.), with historical volatility below 0.5%, but market extremes should still be monitored.
Q2: Are USDT on different chains interchangeable?
→ No, ERC-20 and TRC-20 USDT are different assets on different chains, and transfers must ensure the recipient supports the same protocol.
Q3: How to exchange USDT for RMB?
→ Sell USDT for Alipay/Bank Card in the OKX "Fiat Trading Zone."
Conclusion
By downloading the OKX App from https://ouyijoin.com, you can conveniently complete USDT purchases, trading, and asset management. Whether avoiding market volatility or participating in the DeFi ecosystem, USDT is a core tool for cryptocurrency investment.