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