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