It's consistently 1/10th of a cent below the peg.
That's not maintaining its peg. That being said, it has been stable at that price for several days now, but let's see what the next few weeks hold.
That's not maintaining its peg. That being said, it has been stable at that price for several days now, but let's see what the next few weeks hold.
> Tether charges a 0.1% fee for withdrawals up to a maximum of $1,000, which means Tether is redeemable at $0.99 for up to $1 million, and then $1 above $1million in terms of money in the bank.
I mean I get it, it's all a scam. But, this feels so...callous.
> Tether charges a 0.1% fee for withdrawals up to a maximum of $1,000, which means Tether is redeemable at $0.99 for up to $1 million, and then $1 above $1million in terms of money in the bank.
Plus a $100k minimum to withdraw and a $150 fee for KYC.
There are more than enough red flags with Tether already !