Dubai, United Arab Emirates - July 15, 2022 —
OTC Desk Coinsfera has made it easier for Dubai residents and visitors to purchase the cryptocurrency stablecoin Tether (USDT) locally and with cash.
Coinsfera, a trusted OTC Desk with locations in Dubai, Istanbul, London, and Kosovo, has now made it possible for people in Dubai to purchase Tether (also known as USDT) with cash.
Tether tokens are a cryptocurrency stablecoin anchored one-to-one to the value of a U.S. dollar. Its price stability offers traders a low-risk solution in the cryptocurrency market. Tether was the first stablecoin introduced and, as of 2021, is the most-traded cryptocurrency.
Cryptocurrency has been gaining popularity in recent years. Experts predict the global crypto market will reach nearly $5 billion by 2023, and 55 percent of people consider it a long-term way to build wealth. While Bitcoin has the most name recognition, more than 6,000 cryptocurrency options are now available.
As of May 2022, all outstanding Tether (USDT) tokens were worth $73 billion. Traders use USDT as digital currencies across the blockchain — a digital ledger of transactions — to buy or trade other cryptocurrencies with more liquidity and less volatility.
A less-volatile cryptocurrency option will be essential as more businesses start accepting crypto payments. Because the value of USDT tokens will always equal the U.S. dollar, USDT can be sold or traded for other cryptocurrencies like Bitcoin confidently and without guesswork. More than 15,000 businesses worldwide take cryptocurrency as payment, including giants like Microsoft, Wikipedia, and AT&T. In June, Emirates Airlines announced it would begin accepting digital currency this year.
Coinsfera guides crypto beginners through USDT transactions
Coinsfera aims to make cryptocurrency accessible to people around the world. Those wishing to buy Tether (USDT) in Dubai can bring their official ID or passport to the Coinsfera Dubai location and pay with U.S. dollars or Emirati Dirhams (AED). United Arab Emirates citizenship isn’t required, and the process takes only 10 to 15 minutes.
Purchasing USDT has several benefits:
- Its use is increasing as more blockchains adopt it as a currency option.
- Some stores across the world now accept it as payment.
- USDT is less volatile than other forms of cryptocurrency because of its fixed value.
- It’s a cheap and easy way to transfer money abroad.
- USDT is easily transferable to other cryptocurrencies.
Cryptocurrency can be confusing for those just getting started. Part of Coinsfera’s mission is to help its customers understand digital currency so they can buy, sell, and trade with confidence. In addition, the business has an exchange calculator for various cryptocurrencies on its website, so customers know exactly how much they’ll spend and get.
Coinsfera offers competitive pricing without trade limits, so people can buy as much or as little USDT as they want. Moreover, transactions are instant and secure.
Conclusion
As the most-traded digital currency on the market today, USDT offers a more liquid and less volatile option for those getting started in crypto and those who want to buy, sell, and trade more confidently. Coinsfera has made it easy for people to buy or sell USDT in Dubai safely and securely, and its crypto experts can guide customers through the process.
Contact Info:
Name: Saif Ahmed
Email: Send Email
Organization: Coinsfera
Address: Jumeirah Lake Towers, Cluster F, Indigo-Icon Tower, Office #501, 5th Floor, Dubai
Phone: +971585350505
Website: http://www.coinsfera.com
Release ID: 89078300
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