There are many reasons you may want to exchange your Tether to WebMoney. Given WebMoney's breadth of services compared to Tether, it is more commonly used as a payment method. Also, it is not possible to perform a Tether to WebMoney exchange through WebMoney Exchanger, as the available exchange services are limited to a few cryptocurrencies. So you may use an online exchange such as ExPay 24 to exchange your Tether to WMZ. Follow us as we show you how to exchange Tether to WebMoney (WMZ), BTC to WebMoney, WebMoney to Bitcoin, PM to USDT and vice versa via ExPay 24.
Learn more about Tether (USDT)
Tether is a blockchain-based cryptocurrency whose crypto coins in circulation are backed by an equivalent amount of traditional fiat currencies, like the dollar, the euro, or the Japanese yen, which are held in a designated bank account. Tether tokens, the native tokens of the Tether network, trade under the USDT symbol.
Tether belongs to a new breed of cryptocurrencies called stablecoins that aims to keep cryptocurrency valuations stable, as opposed to the wide swings observed in the prices of other popular cryptocurrencies like Bitcoin and Ethereum. That would allow it to be used as a medium of exchange and a mode of storage of value, instead of being used as a medium of speculative investments.
Tether specifically belongs to the category of fiat collateralized stablecoins, that is – a fiat currency like the US dollar, the euro or the yen, backs each crypto coin in circulation. Other stablecoin categories include crypto-collateralized stablecoins, which use cryptocurrency reserves as collateral, or non-collateralized stablecoins, which don’t have any collateral but operate in a way similar to that of a reserve bank to maintain the necessary supply of tokens, depending on the economic situation.
Tether was specifically designed to build the necessary bridge between fiat currencies and cryptocurrencies and offer stability, transparency, and minimal transaction charges to users. It is pegged against the U.S. dollar and maintains a 1-to-1 ratio with the U.S. dollar in terms of value. However, there is no guarantee provided by Tether Ltd. for any right of redemption or exchange of Tethers for real money – that is, Tethers cannot be exchanged for U.S. dollars.
According to CryptoCompare data cited by The Wall Street Journal, 80% of all bitcoin trading is done in Tether, and the stablecoin is a major source of liquidity for the cryptocurrency market.
Tether was launched as RealCoin in July 2014 and was rebranded as Tether in November by Tether Ltd., the company that is responsible for maintaining the reserve amounts of fiat currency. It started trading in February 2015.
Learn More about WebMoney Payment System
WebMoney Transfer is a global settlement system and environment for online business activities, established in 1998. Since then, over 40 million people from all over the world have joined the system.
WebMoney offers services that will allow you to keep track of your funds, attract funding, resolve disputes, and make secure transactions.
The technology offered by WebMoney is based on a set of standardized interfaces, which system participants can use for managing their valuables property rights, kept safe by specialized companies known as Guarantors. System users can register any number of WM purses with any Guarantor. All purses belong to a single user are conveniently kept in a Keeper which is assigned to the user`s WMID registration number. Valuables within the system are measured in the WebMoney units (WM). To interact internally, all system participants are required to provide personal information verified by the Certification service.
Each system participant is automatically assigned with the internal system parameter available for public viewing, called Business Level, which is based upon the number of transactions exchanged with other system users.
How can I Exchange Tether to WebMoney (WMZ)?
It is a big question for all people who want to exchange Tether to WebMoney. There are a wide variety of options you can choose. Based on the analyzed internet resources, you should choose the online exchange with the best and easiest functionality, user-friendly design, quick operations, and positive customer reviews. Willing to exchange your Tether to WMZ? With just a few clicks, exchange your Tether to WebMoney. Please note that the best and fastest way to make a Tether exchange is through online conversion.
Tether Exchange Service Features and Benefits
Your Tether exchanges will be done within 20 minutes to 1 hour.
There is no need for registration or verification to place your orders.
Our fee rates can be viewed online at the time of order registration.
ExPay 24 conversion fees are very fair.
Your orders are registered and processed 100% automatically.
How to Exchange Tether to WebMoney (WMZ) via Expay 24
To make your Tether exchanges on ExPay 24, you need to take a few simple steps.
Fill in all the fields of the submitted form (including your E-mail, Tether wallet address, and your WMID).
Read the terms of the agreement on exchange services, if accepted, please tick the appropriate field and press the «Place Order» button.
In the end, the system will redirect you to the «status» page, where the status of your transfer will be shown.
Note: This operation is performed completely automatic.
Tether Exchange Services Available on ExPay 24
It’s worth mentioning that besides Tether to WebMoney (WMZ), there are a variety of other Tether exchange services available on ExPay 24, listed below.
WebMoney to PayPal
WebMoney to Perfect Money
WebMoney to iTunes
WebMoney to Google Play
WebMoney to Ethereum
WebMoney to Dogecoin
WebMoney to Tether
WebMoney to Bitcoin cash
WebMoney to Litecoin
WebMoney to Tron
WebMoney to Amazon
WebMoney to Monero
WebMoney to Dash
WebMoney to Ripple
WebMoney to Ethereum Classic
WebMoney to Tether
Also, you can find the instruction of other services including how WebMoney to Bitcoin, how to buy crypto with WebMoney, how to exchange BTC to WebMoney, how to exchange PM to USDT, etc. on our website. To submit an order on ExPay 24, enter the home page of the website and, select your desired service provided on the home page. Please contact us through online chat or via e-mail if there are any questions.