Can Tether be used as collateral in decentralized finance (DeFi)?
A post by William Parvez
To buy 404Aliens using Tether, first, find a cryptocurrency exchange that supports the 404A/USDT trading pair, such as MEXC Global. Create an account, verify your identity, and deposit your USDT into your exchange wallet. Locate the 404A/USDT pair on the trading platform and place an order to exchange your Tether for 404Aliens. If the 404A/USDT pair is unavailable, you can first exchange Tether for a stablecoin like USDC (USDC) or a fiat currency, then trade that for 404Aliens. Be mindful of potential exchange fees, which vary by platform and can affect the total cost of your transaction.
To sell 404Aliens for Tether, first, find a cryptocurrency exchange that supports the 404A/USDT trading pair, such as MEXC Global. Create an account, verify your identity, and deposit your 404A into your exchange wallet. Locate the 404A/USDT pair on the trading platform and place a sell order to exchange your 404Aliens for Tether. If the 404A/USDT pair is unavailable, you can first sell 404Aliens for a stablecoin like USDC (USDC) or a fiat currency, then trade that for Tether. Be mindful of potential exchange fees, which vary by platform and can affect the total amount you receive.
A post by William Parvez
A post by William Parvez