In order to improve the using experience and convenience of our users, based on the international strategic layout and the desire to increase overall competitiveness of KEX, we enabled USDT deposit and DC/USDT trading pair on March 5, 2018, Singapore time (GTM+8). The USDT withdrawal service was enabled on March 6, 2018, Singapore time (GTM+8). Such arrangements have received positive feedbacks from users.
KEX hereby decides to gradually enable the USDT service:
1, Users may exchange their DC into USDT by trading in the DC/USDT pair;
2. KEX will gradually enable more USDT trading pairs and decrease the use of DC trading area.
USDT(Tether USD) is a token issued by Tether company on the basis of U.S. Dollar(USD), which is a fiat money of stable monetary value. One USDT equals to one US dollar, and users can exchange USDT with USD at any time. Tether company claims strict adherence to a 1: 1 reserve guarantee, that is, for the issuance of every 1 USDT, they will have 1 USD in the reserve account. Users can use SWIFT to transfer USD to a bank account provided by Tether or trade on virtual currency exchanges to get USDT. To exchange the USD back, users need to operate in reverse. Users can also exchange Bitcon for USDT through the above platforms.
Based on the Omni Layer protocol, USDT is a digital asset released on the Bitcoin blockchain. The biggest feature of USDT is that USDT is equivalent to the same amount of U.S. dollars and can be exchanged on trading platforms. USDT can be transferred, stored, spent, etc just like bitcoins or any other cryptocurrency. As a replica of the U.S. dollar on the digital network, USDT has become a well-preserved currency in the cryptocurrency market.
Official Website: https://tether.to/
Block Query: http://omnichest.info/lookupsp.aspx?sp=31
If any questions, please contact: email@example.com
If any complaints or suggestions, please contact: firstname.lastname@example.org
【RISK WARNING】Digital currency is a new social product that is still in its initial stage of development. There could be many risks in the market of digital currency trading (e.g. technical defects, price fluctuations etc.). Users should be fully aware of the investment risks. Established under the legal framework of the Republic of Singapore, KEX is a neutral trading platform aiming to satisfy the trading demands of digital currency fans and is not liable for any review, warranty or compensation liabilities of the currency value.
KEX Operation Team