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The oldest exchange in Europe, Bitstamp, announced the opening of deposit accounts for the Tether stablecoin, based on the euro, EURT. The company stated that it intends to provide "liquid, stable and reliable means of obtaining access to the single European currency." The reason for this decision was the client's request for the opportunity to carry out operations without using assets tied to the US dollar.
The EURT stablecoin is backed by the European currency in a ratio of 1:1. According to Chief Product Officer Micha Vidmar, the listing of the euro-based digital tokens will allow Bitstamp investors to transact with stablecoins while maintaining the same value and not losing funds due to Forex volatility. However, it is possible to exchange EURT on the exchange not only for the single currency of the European Union, but also for US dollars.
With the launch of an innovative stablecoin on the Bitstamp platform, Bitstamp aims to provide a higher level of confidence for digital token traders and stimulate innovation in the wider ecosystem. EURT can attract public attention, which will help the further distribution of digital tokens. In support of this idea, until the end of the year, clients of the bitcoin exchange will be given a 90% discount on trading commissions for operations with all "fiat-stablecoin" pairs, including EURT.
Invest on time
Since stablecoins are strengthening their position on the global market, now is the time buy a taser. Optimal conditions for investing in a cryptocurrency token are offered by the BUYBank company. The service carries out the exchange of digital coins online or in official offices located in Odessa and Kyiv. In the office, you can clarify information about the terms of the transaction and get advice from managers. Purchase and sale is carried out in cash dollars or hryvnias, and operations are carried out through the cash register.
In the near future, the Tether online exchange service will be available on the official website of the service. It won't take much time to exchange USDT online. Even a novice crypto investor will cope with the task. All you have to do is specify the amount in tokens or fiat, enter your phone number and bank card, then click the "Receive UAH" button. When buying on the site, you need to specify the number of coins, phone number and cryptocurrency wallet. After that, it is necessary to confirm the transaction twice in the network and receive the stablecoin in the account. All operations are performed automatically, without the involvement of the manager and the need for authorization and registration.
Contact BUYBank— we are always open for cooperation!
