SIMEX Digital Exchange is excited to inform about the USDT trading pair launch. Tether (USDT), a so-called "stablecoin", is now traded against Bitcoin (BTC). SIMEX is constantly working to increase the number of trading pairs to provide more trading options for it's users.
Earlier, on SIMEX Exchange Bitcoin (BTC) was traded against seven different cryptocurrencies and one fiat currency (USD). Tether (USDT) is the eighth trading option against Bitcoin.
Thether is a cryptocurrency launched in 2014. It is called a "stablecoin" as far as it is backed by fiat currency (US Dollar). At the time of writing, the market capitalisation of USDT is more than $2.04B.