I would be interested in buying 30k USDT so i could use it to buy bitcoins
...
Why would you buy USDT instead of buying Bitcoins directly?
This seems like an unnecessary counterparty risk by using Tether
as an intermediary.
What am I missing here? After all it is possible that Tether is going to be shutdown,
which would leave you exposed to a lot of downside risk if your USDT suddenly become
worthless / lose a lot of their value.
Hi, the main reason i was interested in buying USDT was because many exchanges offering BTC at good values do not accept USD, if i have USDT i could use it to buy Bitcoin and then sell
I was also thinking of checking out alt coins like Litecoin, Ripple to see if i can find some OTC brokers i can sell them to in my country so i was planning to use USDT for that, its been hard to find sellers of Bitcoin lately