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