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What does it mean for the off-market price of USDT to be low (low-price off-market trading of USDT)?{

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}What does it mean for the off-market price of USDT to be low? According to Bitc

What does it mean for the off-market price of USDT to be low (low-price off-market trading of USDT)?{

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What does it mean for the off-market price of USDT to be low? According to Bitcoinist, the off-market price of Bitcoin was zero on February 1, 2019. But what is the meaning of the low off-market price of USDT? There are two words here, “us” and “b”. One refers to the market circulation of USDT on the Bitfinex platform. The second word is called the U-shield trading market, and the third letter represents the number of digital currencies (e.g. US dollars) exchanged between buyers and sellers on the exchange, so the literal meaning is “USDT”. That’s why no one would use it, right?

Low-price off-market trading of USDT

Editor’s note: This article is from Bitcointer (ID: bitcoin8btc), written by Kyle, and authorized by Star Daily.

According to Bloomberg, cryptocurrency traders have bought USDT tokens at extremely low prices in off-market trading – this is the first cash transaction conducted using Bitcoin as the settlement method. “We are supporting a new alternative asset.”

“If someone is willing to pay $1,000 or more in fiat currency to exchange the value of 1 BTC (currently $1,500) and one USDT token, they will accept this new product,” said an anonymous person named “Dave”, “I think this is what they call the USDT trading market.”

This individual named “DAVE.eth” is a private banking service company based in Canada that allows investors to buy and sell various digital assets, including stocks, bonds, and commodities such as gold.

The company claims to be a cryptocurrency exchange that sells futures contracts of Bitcoin and other cryptocurrencies to customers, and then transfers their funds to Bitfinex. According to their statement, this money is not obtained through off-market trading platforms, but through BitMEX. The exchange has not publicly stated that it has any other counterparties, but it has revealed that it has started working with institutional investors and has obtained liquidity.

Brian Armstrong, CEO of Coinbase, commented on this: “Our team is very smart and actively working on this.”

He continued, “We have been studying this issue because people know what Bitcoin is and whether it can be used for daily business activities. When you are interested in buying Bitcoin, you can send your funds to another person or buy it in another way.” He also added that despite the recent surge in transactions, most off-market transactions have failed.

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