The rapidly developing blockchain technology leaves no doubt that the future belongs to it. The absence of a single transaction tracking center, low fees, and no delays during transfers suggest that cryptocurrencies will first become an alternative to the banking system and then completely replace it.
Today, there are many services on the market that allow you to profitably invest in cryptocurrencies. One of them is the Cryptex cryptocurrency exchange. Along with the trading platform, Cryptex also has an exchange where you can convert between 6 different types of electronic currencies, including bitcoin.
USDT20 is now available on the Tron blockchain
Good news for Cryptex users who prefer to use secured cryptocurrencies for settlements. Now on our cryptocurrency exchange, the exchange of USDT20 on the Tron distributed ledger. Currently, direct exchanges of Perfect Money and US dollars are available in USDTRX / PM and USDTRX / USD, respectively.
Why exactly Throne
The difference between US dollar-backed tokens issued on different platforms can be found in detail in the articles on USDT. However, let’s take a look at the distributed ledger of Tron.
The USDTRX token is most often used for small, ongoing settlements. It is on the Tron network that transfers can be made with minimal fees. Although Tether issues most of its tokens on Ethereum, Tron is also gaining its place in the community. This cryptocurrency has every chance to take the place of a native means of payment on the Internet with a constant and predictable rate.
For transferring from an account from the Cryptex cryptocurrency exchange to your own wallet. For example, for cold storage, the user will have to pay only $ 1. At the same time, the transfer process itself will not take much time, and most often, it takes 10-20 seconds, which can be called a real-time operation, comparable to a regular bank card.
Also, do not be afraid of the reliability of storage of the secured cryptocurrency and its stability. The first is implemented on the principle of digital distributed assets, and the second Tehter provides secure storage of its reserves. While some have criticized the company’s approach in this matter for its relatively low liquidity, the large selected digital securities are not questionable. Perhaps this is what allows the first stablecoin to take 60% of the market share with a capitalization of more than $ 120 billion.
How to anonymously exchange a throne for cash on the exchange
To buy USDTRX for cash, you just need to top up your account on the exchange in any convenient way with cash dollars, after which you can make transactions. The buying process is very simple and similar to transactions with other assets.
On the main page of the exchange, in the “Market” section, select the USD section and select USDTRX / USD from the list of trading pairs. In the trading section, you can either select an existing order from another user and create a reply request. Relevant proposals for volume or price
The withdrawal of purchased secured cryptocurrency coins is also carried out in a few clicks. To do this, you need to go to the balance section of your account and the token in the list of available ones. After that, you can choose the method of transferring to your own wallet or transfer USDT to Tron to another exchange user without commission using Cryptex-code funds.
USDT provides ample opportunities in the cryptocurrency world. By using a secured cryptocurrency, many companies may no longer have to enter banks and exchange digital assets for an analogue of fiat funds and back at any convenient time. Also, USDT20 has played a significant role in the polarization of the cryptocurrency world. If Bitcoin and other free cryptocurrencies cannot be fully accepted and understood by the general public, then the quick transfer of USDT to TRX-20 for a minimal fee has resonated in many areas of digital business.
Overview of the Cryptex Exchange features
After registration on the exchange, you can already top up your balance, participate in trading, withdraw the money you have earned, and change the security settings.
Before making a deal, review the situation on the market. For this purpose, the site has handy “candlestick” charts, information on recent transactions, buy and sell orders for the currency pair of your choice.