What is the smallest unit of Tether (USDT)

zasad@

legendary

Activity: 1932

Merit: 4602

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On the ETH blockchain, it is very easy to see the minimum value for the token

https://etherscan.io/token/0xdac17f958d2ee523a2206206994597c13d831ec7

we see that after the decimal point there can be 6 digits

USD Coin
https://etherscan.io/token/0xa0b86991c6218b36c1d19d4a2e9eb0ce3606eb48
Decimals: 6

Paxos Standard
https://etherscan.io/token/0x8e870d67f660d95d5be530380d0ec0bd388289e1
Decimals: 18

TrueUSD
https://etherscan.io/token/0x0000000000085d4780B73119b644AE5ecd22b376
Decimals: 18

StableUSD
https://etherscan.io/token/0xa4bdb11dc0a2bec88d24a3aa1e6bb17201112ebe
Decimals: 6

You can find information about other stablecoins in my article.
https://bitcointalksearch.org/topic/2019-5198239

bluebit25

sr. member

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https://bitlist.co

USDT is a stablecoin. It's quite similar to USD so I think you can deposit as much as you like, as long as you have money to pay the transaction fee. I have never deposited less than 10 USDT, so I don't know for sure when you make a trade of $ 0.10 it will work.

zasad@

legendary

Activity: 1932

Merit: 4602

Buy on Amazon with Crypto

let's see the eth blockchain for this token

https://etherscan.io/token/0xdac17f958d2ee523a2206206994597c13d831ec7

I see the minimum value of 0.000001
You can also easily look at other blockchains and find the answer to your question.

X-ray

hero member

Activity: 3038

Merit: 526

Leading Crypto Sports Betting & Casino Platform

Quote from: Jannyh on March 03, 2020, 09:40:08 AM

This is an interesting question, for example when we have up to one usdt we say we have $1 or more but when it is in it's minutest amount it is called or measured in cent,an example is $0.50 ,this is called 50cent because it isn't upto 1 usdt. So cent is the smallest unit of USDT.

That's true and it has called penny in the past when it was not yet changed into the cent as the smallest unit of dollar. USDT is totally pegged with the dollar and that makes sense to take it as the best answer for OP
https://www.quora.com/What-is-the-smallest-currency-in-USA#:~:text=What%20is%20the%20smallest%20currency%20in%20USA%20is%20a%20penny,been%20in%20existence%20since%201793.
That link is also giving a really good answer too.

Metall303

full member

Activity: 891

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Oikos.cash | Decentralized Finance on Tron

I have not tried sending less than 1 USDT, but such a possibility exists. I have projects in which I receive dividends from my investments in USDT and there I receive daily 0.02 USDT, but the minimum withdrawal from the platform is 10 $

Jannyh

copper member

Activity: 994

Merit: 4

This is an interesting question, for example when we have up to one usdt we say we have $1 or more but when it is in it's minutest amount it is called or measured in cent,an example is $0.50 ,this is called 50cent because it isn't upto 1 usdt. So cent is the smallest unit of USDT.

Harkorede

copper member

Activity: 2044

Merit: 793

Quote from: atomicoblivion on March 03, 2020, 08:59:20 AM

Hello everyone,

I was looking into the divisibility of a few cryptocurrencies and found no information on whether USDT has a smallest sub-unit.

Is it possible to send someone $0.01 USDT? What about $0.001 USDT? Does it depend on the blockchain?

Any information would be appreciated.

There is no specific sub unit for USDT, but you can regard to it as the US $ since that's its pegged value, so it's only logical to presume it's smallest subunit is the Cent.

And yes, it is possible to send 0.01 or 0.001 USDT or their equivalent in USD (which would almost be the same value because it's stable coin).

If you're trying to deposit/withdraw from an exchange, be sure to check the minimum deposit/withdraw allowed, some exchange restrict USDT transactions to round figures.

atomicoblivion

newbie

Activity: 1

Merit: 0

Hello everyone,

I was looking into the divisibility of a few cryptocurrencies and found no information on whether USDT has a smallest sub-unit.

Is it possible to send someone $0.01 USDT? What about $0.001 USDT? Does it depend on the blockchain?

Any information would be appreciated.

Topic: What is the smallest unit of Tether (USDT) (Read 132 times)