Tether USD Price - USDT/SGD : $1.34927

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Order book USDT / SGD

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USDT: SGD 1.35111
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Sgd
Usdt
Usdt
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USDT: SGD 1.34844
Usdt
Usdt
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Sgd
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What is USDT (Tether USD)?

USDT (Tether USD) is a cryptocurrency designed to mirror the value of the U.S dollar. The idea was to create a stable digital currency that can be used like digital dollars. Cryptocurrencies created to be a stable dollar substitute of any currency are generally referred to as “stable coins”.

Frequently asked questions

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How we treat client assets

No commingling of customer funds: we keep client assets completely separate from our own.

1:1 reserves

We maintain a full 1:1 reserve of all client fiat and digital assets.

We hold the vast majority of digital assets in secure offline cold storage protected in underground vaults with maximum security.

Audited and licensed

We are the first crypto exchange to be licensed by MAS.

Our books are balanced and we carry no debt on our balance sheet. We engage external auditors to verify our holdings with annual audits of our financial statements. This includes verification of all fiat and crypto balances held in custody on behalf of clients.

Segregated funds

We do not commingle customer funds. We maintain complete segregation of all client assets to ensure that when you need to make a withdrawal, you can.

We keep your assets safe. That is our promise.

Single purpose asset utilisation

We do not engage in any lending, borrowing or rehypothecation of assets (i.e. pledging assets as collateral for debt). Your assets are used solely for the purpose of enabling you to transact on our platform.