Feb 26 / 2019
Latest News / Blockchain news/ Crypto
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Posted by: Jools Moore

Bitsane adds Tether to Paypal withdrawals

Bitsane platform adds USDT to PayPal withdrawal method

Bitsane cryptocurrency exchange platform has launched a new option for withdrawal of Tether (USDT) to PayPal. It allows users to withdraw USDT from their Bitsane account and receive USD to PayPal account at 1 USDT: 1 USD exchange rate. Users can test the new feature by logging to their user account and click Balances→Wallets→Tether→Withdrawal.

The team works constantly on expanding the range of deposit and the withdrawal methods. In fact, Tether has become the first coin available for crypto to Paypal withdrawal on Bitsane.

Tether to PayPal withdrawals

Tether cryptocurrency is an asset issued on the Bitcoin blockchain via the Omni Layer Protocol. Each USDT unit is backed by USD. The fiat currency equivalent is kept in the reserves of the Tether Limited and can be redeemed through the Tether Platform. USDT can be transferred, spent and stored just like any other cryptocurrency.

The popularity of USDT comes from its simplicity, convenience, security and exclusivity.  Therefore, Tether does not show huge price fluctuations and is very stable in the digital currency market.

Tether coin was added to the list of cryptocurrencies traded on Bitsane in November 2018. In fact, Bitsane was the first exchange to launch USDT/EUR pair. Tether (USDT) is also available for trading on Bitsane in pairs with the following currencies: BTC, ETH, LTC, XRP, DASH, BCH, DOGE, ETC, REP.

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