Can Tether be used as collateral in decentralized finance (DeFi)?
A post by William Parvez
To buy Tether using 2MOON, first, find a cryptocurrency exchange that supports the USDT/MOON trading pair, such as MEXC Global. Create an account, verify your identity, and deposit your MOON into your exchange wallet. Locate the USDT/MOON pair on the trading platform and place an order to exchange your 2MOON for Tether. If the USDT/MOON pair is unavailable, you can first exchange 2MOON 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 2MOON, first, find a cryptocurrency exchange that supports the USDT/MOON trading pair, such as MEXC Global. Create an account, verify your identity, and deposit your USDT into your exchange wallet. Locate the USDT/MOON pair on the trading platform and place a sell order to exchange your Tether for 2MOON. If the USDT/MOON pair is unavailable, you can first sell Tether for a stablecoin like Tether (USDT) or a fiat currency, then trade that for 2MOON. 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