Can Tether be used as collateral in decentralized finance (DeFi)?
A post by William Parvez
1 IOI Token equals $0.01 USDT
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Platform | IOI Token | Tether |
---|---|---|
Kucoin | 1 IOI | 0.01 USDT |
Gate.io | 1 IOI | 0.01 USDT |
To buy IOI Token using Tether, first, find a cryptocurrency exchange that supports the IOI/USDT trading pair, such as Kucoin. Create an account, verify your identity, and deposit your USDT into your exchange wallet. Locate the IOI/USDT pair on the trading platform and place an order to exchange your Tether for IOI Token. If the IOI/USDT pair is unavailable, you can first exchange Tether for a stablecoin like USDC (USDC) or a fiat currency, then trade that for IOI Token. Be mindful of potential exchange fees, which vary by platform and can affect the total cost of your transaction.
To sell IOI Token for Tether, first, find a cryptocurrency exchange that supports the IOI/USDT trading pair, such as Kucoin. Create an account, verify your identity, and deposit your IOI into your exchange wallet. Locate the IOI/USDT pair on the trading platform and place a sell order to exchange your IOI Token for Tether. If the IOI/USDT pair is unavailable, you can first sell IOI Token for a stablecoin like USDC (USDC) or a fiat currency, then trade that for Tether. 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