Live crypto prices >> Tether
Tether price refreshes every 10 seconds.
Convert AUD to Tether.
What is Tether’s price today?
Today’s USDT price is AU$ 1.44 and it is currently ranked #3 with a volume of AU$ 90,021,103,734.
On this page you will find the latest Tether prices and market volume. We have included charts at the bottom of the page and you can see an updated price of Tether that refreshes every 10 seconds.
You can view the price in different currencies such as AUD, USD and GBP.
Where to buy Tether?
For people who live in Australia, the best place to buy Tether is from a trusted exchange like Swyftx.
Swyftx are one of the most reputable cryptocurrency exchanges in Australia. They have very low fees, over 310+ crypto assets and they take security serious.
You can also check out other great alternatives such as CoinSpot, Digital Surge and Independent Reserve. However, if you are new to crypto we strongly recommend Swyftx because their platform is very easy to use and they are based in Brisbane, Australia.
Swyftx do have a special sign up bonus which gives you $20 worth of BTC absolutely free. Hurry while it’s still available.
What is Tether?
Tether is a token issued by Tether Limited on the trading platform Bitfinex. It is built on top of the Omni Layer digital currency protocol, which uses the Bitcoin blockchain.
The main purpose is to provide stability to the market because Tethers are claimed to be backed by US dollars on Tether Ltd bank accounts, so they aren’t as volatile as prices of other cryptocurrencies.
It’s not yet proven and it’s the reason why the US Commodity Futures Trading Commission issued subpoenas to both Tether and Bitfinex.
Tether Ltd stresses that the Tether token is not a security or any other type of financial instrument which entitles owners to any rights. There are no warrants for claims or guarantees against losses, either direct or indirect.
Although Tether is a very popular token and has been used by some exchanges as their main stablecoin, it’s popularity has decreased. Over the course of this summer, its share of BTC trading ranged from 60 to 80%.