USDT to INR Converter
How much Indian Rupee ( INR) is 0.059 Tether ( USDT)?
Tether
USDT
Indian Rupee
INR
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The Morpher currency calculator allows you to convert a currency from Tether (USDT)
to Indian Rupee (INR) in just a few clicks at live exchange rates.
Simply enter the amount of Tether you wish to convert to INR and the
conversion amount automatically populates. You can also use our Prices Calculator Table to calculate how much your currency is worth in other
denomination, i.e. 1 USDT, 5 USDT, 10 USDT, 50 USDT etc.
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Quick facts about Tether
Tether (USDT) is a cryptocurrency with a value meant to mirror the value of the U.S.
dollar.
The idea was to create a stable cryptocurrency that can be used like digital dollars.
Coins that serve this purpose of being a stable dollar substitute are called “stable coins.” Tether is the most popular stable coin and even acts as a dollar replacement on many popular exchanges! According to their site, Tether converts cash into digital currency, to anchor or “tether” the value of the coin to the price of national currencies like the US dollar, the Euro, and the Yen.
Like other cryptos it uses blockchain.
Unlike other cryptos, it is [according to the official Tether site] “100% backed by USD” (USD is held in reserve).
The primary use of Tether is that it offers some stability to the otherwise volatile crypto space and offers liquidity to exchanges who can’t deal in dollars and with banks (for example to the sometimes controversial but leading exchange Bitfinex). The digital coins are issued by a company called Tether Limited that is governed by the laws of the British Virgin Islands, according to the legal part of its website.
It is incorporated in Hong Kong.
It has emerged that Jan Ludovicus van der Velde is the CEO of cryptocurrency exchange Bitfinex, which has been accused of being involved in the price manipulation of bitcoin, as well as tether.
Many people trading on exchanges, including Bitfinex, will use tether to buy other cryptocurrencies like bitcoin.
Tether Limited argues that using this method to buy virtual currencies allows users to move fiat in and out of an exchange more quickly and cheaply.
Also, exchanges typically have rocky relationships with banks, and using Tether is a way to circumvent that. USDT is fairly simple to use.
Once on exchanges like Poloniex or Bittrex, it can be used to purchase Bitcoin and other cryptocurrencies.
It can be easily transferred from an exchange to any Omni Layer enabled wallet.
Tether has no transaction fees, although external wallets and exchanges may charge one.
In order to convert USDT to USD and vise versa through the Tether.to Platform, users must pay a small fee.
Buying and selling Tether for Bitcoin can be done through a variety of exchanges like the ones mentioned previously or through the Tether.to platform, which also allows the conversion between USD to and from your bank account.
dollar.
The idea was to create a stable cryptocurrency that can be used like digital dollars.
Coins that serve this purpose of being a stable dollar substitute are called “stable coins.” Tether is the most popular stable coin and even acts as a dollar replacement on many popular exchanges! According to their site, Tether converts cash into digital currency, to anchor or “tether” the value of the coin to the price of national currencies like the US dollar, the Euro, and the Yen.
Like other cryptos it uses blockchain.
Unlike other cryptos, it is [according to the official Tether site] “100% backed by USD” (USD is held in reserve).
The primary use of Tether is that it offers some stability to the otherwise volatile crypto space and offers liquidity to exchanges who can’t deal in dollars and with banks (for example to the sometimes controversial but leading exchange Bitfinex). The digital coins are issued by a company called Tether Limited that is governed by the laws of the British Virgin Islands, according to the legal part of its website.
It is incorporated in Hong Kong.
It has emerged that Jan Ludovicus van der Velde is the CEO of cryptocurrency exchange Bitfinex, which has been accused of being involved in the price manipulation of bitcoin, as well as tether.
Many people trading on exchanges, including Bitfinex, will use tether to buy other cryptocurrencies like bitcoin.
Tether Limited argues that using this method to buy virtual currencies allows users to move fiat in and out of an exchange more quickly and cheaply.
Also, exchanges typically have rocky relationships with banks, and using Tether is a way to circumvent that. USDT is fairly simple to use.
Once on exchanges like Poloniex or Bittrex, it can be used to purchase Bitcoin and other cryptocurrencies.
It can be easily transferred from an exchange to any Omni Layer enabled wallet.
Tether has no transaction fees, although external wallets and exchanges may charge one.
In order to convert USDT to USD and vise versa through the Tether.to Platform, users must pay a small fee.
Buying and selling Tether for Bitcoin can be done through a variety of exchanges like the ones mentioned previously or through the Tether.to platform, which also allows the conversion between USD to and from your bank account.
USDT Price Chart
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USDT to INR price stats
24hr
0.12% 
7d
0.12%
30d
0.24%
Over the past 30 days, Tether has gained 0.24% to INR. The trend and price charts for the past
week shows that USDT has gained 0.12% to INR and over the past 24 hours, USDT has gained 0.12% to
INR.