What is the daily profit (Tether) and USDT profit rate?

Stablecoin Tether (USDT) is widely used by traders and investors to protect against the extreme volatility of the cryptocurrency market. Apart from maintaining the value, in periods when the market enters Descending It has been seen that Tether has a much better performance in terms of Rials, compared to Bitcoin and altcoins had.

What is the profit of investing in Tether and when is the right time to buy and hold Tether, are among the key questions of digital currency investors, as well as people who are looking for a safe alternative to paper dollars.

Also read: What is Stablecoin or stable digital currency?

How much is Tether profit?

about Tether daily profit It should also be said that during the past year, on some days, it has been seen that the price of Riyal Tether within 24 hours More than 5 percent to grow So gain 5% interest From the increase in the price of Tether in one day, on paper and in Ideal conditions It is possible, but the risk must be taken into accountSalah 5 or 6 percent Tether against Rial is available around the clock, and people who are looking for short-term profit in the Tether/Toman markets of domestic exchanges should be careful about their trading positions and use methods such as Determining the limit of lossreduce the risk of their transactions.

Read more: What is Tether (USDT)?

Apart from the Fixed dollar valueFor Iranian traders and investors, the rial value of each Tether unit is also important. Considering the price link between the dollar and Tether, any event that causes volatility in the dollar market will naturally affect Tether as well. AThe difference between the price of Tether In Iranian exchanges, digital currency and paper dollars in the foreign exchange market are usually not so much that there is a need to analyze them separately.

Factors affecting Tether profit

To answer the question thatHow much is the daily profit and profitability of Tether?We need to know factors like swelling, Monetary policies of the central bank, Internal issues And Iran’s foreign policiesdirectly on Dollar and Tether price affect the domestic market. Therefore, it is not possible to accurately predict how much profit buying Tether can have on a daily basis or for the future, and only by analyzing news and important events, one can partially predict the possible trend of the price of Tether and, of course, its profitability in different time frames.

How much has Tether profit been in the past year?

Statistics related to USDT price fluctuations can be found on the page The current price of Tether on the website or Digital currency application view According to the statistics available on this page, the Tether price trend against the Rial has been mostly upward during the past year (12 months). In other words, if someone buys Tether exactly 12 months ago 41,000 Tomani did then, now and including the price 52,851 Tomani today (January 23, 1402) is close to 29% was in profit.

What is the profit of Tether arbitrage?

Arbitrage means profiting from the price difference of an asset in two or more separate markets. The high volume of transactions and the difference in the Toman price of Tether in domestic exchanges can also be an opportunity to make profit from Tether on paper. Of course, the amount of profit of traders in the arbitrage method, due to the not so large price difference of Tether between different exchanges and transaction costs, often very little and it can be said that this method is only in Very large sums It is worth doing.

Conclusion

Over the past years, Tether has established itself as a safe way to avoid market fluctuations among short-term traders and long-term digital currency investors. For Iranian digital currency investors, converting assets to Tether has become a popular strategy during bear markets. Because while maintaining the dollar value of the assets, there is a possibility that the Riyal value will also increase in the long term.

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