Can Tether be used as collateral in decentralized finance (DeFi)?
A post by William Parvez
To buy Tether using Belarusian Ruble, first, find a cryptocurrency exchange that supports the USDT/BYN trading pair, such as LBank. Create an account, verify your identity, and deposit your BYN into your exchange wallet. Locate the USDT/BYN pair on the trading platform and place an order to exchange your Belarusian Ruble for Tether. If the USDT/BYN pair is unavailable, you can first exchange Belarusian Ruble 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.
To sell Tether for Belarusian Ruble, first, find a cryptocurrency exchange that supports the USDT/BYN trading pair, such as LBank. Create an account, verify your identity, and deposit your USDT into your exchange wallet. Locate the USDT/BYN pair on the trading platform and place a sell order to exchange your Tether for Belarusian Ruble. If the USDT/BYN pair is unavailable, you can first sell Tether for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Belarusian Ruble. 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