Why does USDT not fluctuate?

USDT, unlike cryptocurrencies such as Bitcoin (BTCUSD), is designed to maintain a stable price.

Its primary function is to serve as a digital equivalent of cash in the cryptocurrency market. This allows traders to use it as a medium of exchange for various transactions.

Crypto traders frequently utilize USDT to move funds between different exchanges. This is because it provides a reliable and stable way to transfer value without being exposed to the volatility of other cryptocurrencies.

Additionally, USDT is often used as a hedging tool against the volatility of the cryptocurrency market. Traders can hold USDT during times of market uncertainty to protect their investments from potential losses.

BTCC, a top cryptocurrency exchange, offers a range of services that cater to the needs of crypto traders. Among these services are spot trading, futures trading, and a digital wallet. The spot trading platform allows traders to buy and sell cryptocurrencies at current market prices, while the futures trading platform offers Leveraged trading options for more experienced traders. The digital wallet provided by BTCC allows users to securely store their cryptocurrencies offline.