Tether TRC-20, a risk for VISA and Mastercard
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Quickly breaking into the world of electronic money and online payments, Tether quickly wowed users with its convenience, capabilities, and reliability.
The Tether TRC-20 cryptocurrency is actually a stable coin, i.e. it is backed by real US dollars. This makes it stable and independent from Bitcoin, as is the case with all other cryptocurrencies.
Almost any money can be exchanged for USDT today, which will allow you to transact as quickly as possible, bypassing state lines and banking difficulties.
The most convenient option to pay for stablecoins is to use the largest international systems: VISA International and MasterCard Worldwide. You can use different types of cards: debit, credit card.
How to change money from Visa/MasterCard to Tether TRC-20?
These cryptocurrencies are backed by USD and are a digital asset, so if you decide to buy them by paying with a bank card, this procedure involves a conversion; exchange with recalculation at the established rate.
Currency conversion is carried out by specialized exchange services (exchangers). According to the principle of operation, they are identical to ordinary bank ones, but only work online.
Tether is backed by USD and is a digital asset, so if you decide to buy it by paying with a bank card, this procedure involves a conversion
Using trading resources is not difficult, in fact, trading through them is a matter of a couple of clicks. First of all, you need to choose an exchanger that is currently ready to exchange Visa and MasterCard and crypto.
When making a choice, you should pay attention to: the fee set for the conversion; marks about the features of cooperation with a particular exchanger; the presence of additional commissions; foreign exchange reserve; and opinions of other clients.
After studying the conditions and making a comparison, the optimal exchange service is selected. After switching to the selected resource, you will need to fill out an exchange request, indicating: exchange address (currency); amount exchanged; information necessary for the transaction (address to which USDT should be sent, telephone, email, etc.).
It is not necessary to indicate anything extra in the request, only that without which the transfer is impossible. Next, the exchanger will send the instructions to make the payment of the request. You need to make sure in advance that the required amount is on the Visa / MasterCard.
The moneychangers accept payments with both debit and credit cards, but keep in mind that the interests of the latter make the transaction unprofitable. Most financial transactions conducted on the Internet are accompanied by the risk of fraud.
Therefore, it is worth cooperating only with proven and 100% reliable services. In order not to get to a phishing site, it is better to choose an exchanger through the monitoring portal, and also pay attention to its reputation, confirmed by independent reviews.