On April 7th, Tether’s Euro Tether (EUR ₮) and Tether Gold (XAU ₮) Get Listed on SimpleSwap

04/07/2023 13:46 • Digital Disruptors • 368 views

On April 7th, Tether Operations Limited (Tether) announced that Euro Tether (EUR ₮) and Tether Gold (XAU ₮) have been listed on SimpleSwap, a real-time trading platform with a user-friendly interface that allows for unlimited trading or purchasing on supported exchanges.

Euro Tether (EUR T) and Tether Gold (XAUT) will be launched on SimpleSwap

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Introduction

This article discusses Tether’s recent announcement that Euro Tether (EUR ₮) and Tether Gold (XAU ₮) have been listed on SimpleSwap, a popular trading platform. This news is significant as it provides numerous benefits for traders and investors looking for a user-friendly interface to allow unlimited trading or purchasing on supported exchanges.

Tether’s Overview

Tether is a cryptocurrency company that provides stable coins that are pegged to the US dollar. Tether has recently expanded its portfolio to include other stable coins that are pegged to other fiat currencies (such as Euro Tether) and gold (such as Tether Gold). The company has a significant presence in the cryptocurrency market as a result of its unique stable coin offerings.

What is SimpleSwap?

SimpleSwap is a real-time trading platform that provides a user-friendly interface for traders and users. It allows trading or purchasing on supported exchanges with no need for registration or verification of identity. SimpleSwap supports a vast range of cryptocurrencies, including Bitcoin, Ethereum, Bitcoin Cash, Litecoin, Dash, Dogecoin, and more.

Benefits of Listing Euro Tether and Tether Gold on SimpleSwap

The listing of Euro Tether and Tether Gold on SimpleSwap offers numerous benefits for traders and investors.

1. Increased Accessibility

SimpleSwap’s user-friendly interface makes it possible for Traders to effortlessly trade Euro Tether and Tether Gold. Traders with minimal tech skills and knowledge of the cryptocurrency market can now access Tether’s products, which were previously out of reach for many.

2. Lower Transaction Fees

SimpleSwap charges a very modest transaction fee, making it a cost-effective choice for traders looking to maximize their profits when investing or trading in digital assets. Adhering to its name ‘Simple’ Swap, the platform operates on both Simple and reasonable Fee Structures.

3. Enhanced Trading Speed

Another significant benefit of listing Euro Tether and Tether Gold on SimpleSwap is the quick trading speed. Traders can now buy or sell digital assets almost instantly, helping them take advantage of fast-moving markets and conditions.

FAQs on Tether and SimpleSwap

Q. What are stable coins?

A. Stable coins are cryptocurrencies that are pegged to other assets to reduce their volatility. For instance, Tether’s stable coins are pegged to the US dollar, Euro Tether is pegged to the Euro, and Tether Gold is pegged to gold.

Q. Can I use SimpleSwap to trade other cryptocurrencies besides Tether’s stable coins?

A. Yes, SimpleSwap supports a wide range of cryptocurrencies besides Tether’s stable coins.

Q. Can I avoid the transaction fees on SimpleSwap?

A. No, the platform charges a transaction fee for every trading operation, albeit at a minimal fee.

Conclusion

Tether’s listing of Euro Tether and Tether Gold on SimpleSwap is a significant development for traders and investors looking for a user-friendly platform to buy or sell digital assets. The move aims to further increase accessibility, reduce transaction fees, and improve trading speeds.

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