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Kusama supports USDT transactions for Bitfinex users

Tether Tokens, or USDT, can now be deposited and withdrawn on Kusama, expanding Tether Tokens’ access to ten different chains, including Ethereum, the largest stablecoin by market value.

Tether Tokens are supported by two key industries. These are eCommerce platforms and payment gateways, and USDT is notable for processing payments more quickly than traditional methods such as debit and credit cards. Kusama is a scalable network of specialised blockchains that is ideal for companies looking for speed and creativity. The Kusama protocol is based on Pariti Technologies’ blockchain solution.
Bitfinex published an announcement on its official website announcing the availability of deposits and withdrawals of Tether Tokens on Kusama. Bitfinex is known for being the most trustworthy crypto trading platform, in addition to fostering speed and innovation. The 2016 crypto breach is what solidifies this assertion, and Bitfinex responded by returning stolen funds to their individual users.
A quick sign-up process, safety precautions in place, advanced charts, advanced order types, and professional connectivity are all features of Bitfinex that draw consumers in. iFinex Inc is in charge of Bitfinex’s management. UNUS SED LEO is the platform’s native token. Bitfinex has over 100 crypto currencies available, with over 300 trading pairings. Before attempting to use the platform, crypto aficionados should read this Bitfinex exchange review.
Bitfinex is based in Hong Kong and was formed in 2012. Bitfinex is the largest crypto exchange platform in terms of volume, and it was one of the first crypto exchange platforms in the world.

Read more: USDT is used in 80 percent of China’s crypto-fraud schemes

Kunal Krishan
Kunal Krishan
Kunal is an investment space writer who firmly believes investment is something which should not be a choice but a part of everyone's life.
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