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JPYCan Tether be used as collateral in decentralized finance (DeFi)?
A post by William Parvez
USDT to 1EX: Convert and Swap Tether (USDT) to 1ex (1EX)
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How to Buy Tether (USDT) with 1ex (1EX)
To buy Tether using 1ex, first, find a cryptocurrency exchange that supports the USDT/1EX trading pair, such as MEXC Global or BingX. Create an account, verify your identity, and deposit your 1EX into your exchange wallet. Locate the USDT/1EX pair on the trading platform and place an order to exchange your 1ex for Tether. If the USDT/1EX pair is unavailable, you can first exchange 1ex for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Tether. Be mindful of potential exchange fees, which vary by platform and can affect the total cost of your transaction.
How to Sell Tether (USDT) for 1ex (1EX)
To sell Tether for 1ex, first, find a cryptocurrency exchange that supports the USDT/1EX trading pair, such as MEXC Global or BingX. Create an account, verify your identity, and deposit your USDT into your exchange wallet. Locate the USDT/1EX pair on the trading platform and place a sell order to exchange your Tether for 1ex. If the USDT/1EX pair is unavailable, you can first sell Tether for a stablecoin like Tether (USDT) or a fiat currency, then trade that for 1ex. Be mindful of potential exchange fees, which vary by platform and can affect the total amount you receive.
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