What is the point of USD tether?
USD Tether (USDT) is a stablecoin pegged to the US dollar, meaning its value is designed to remain stable and closely linked to the value of the dollar. The main point of USD Tether is to provide stability and liquidity in the cryptocurrency market, allowing investors and traders to avoid the volatility associated with other cryptocurrencies while still benefiting from the efficiency and global reach of blockchain technology.
What is the point of perpetual futures?
I've been thinking about perpetual futures and I'm just not sure I understand the concept fully. Why do we even have perpetual futures? What's the point of them and how do they work?
Does Coinbase have a market protection point?
I'm wondering if Coinbase, the cryptocurrency exchange platform, has any kind of market protection point or mechanism in place to safeguard its users and their transactions.
What is the point of the tethered?
I've been wondering about the purpose of the tethered. Why is it even there? What does it achieve or contribute? I'm trying to understand its significance.
What is the point of wrapped ether?
I'm curious about the purpose of wrapped ether. I've heard about it in the context of cryptocurrency and blockchain technology, but I'm not entirely sure why it exists or what its main function is.