Tether USD Price - USDT/NZD : $1.63527

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Order book USDT / NZD

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USDT: NZD 1.63215
Nzd
Nzd
Usdt
Usdt
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USDT: NZD 1.62992
Usdt
Usdt
Nzd
Nzd
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Sell USDT with Bank transferSell USDT with PayIDSell USDT with SWIFT

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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 crypto assets.

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

Audited

Our books are balanced and we carry no debt on our balance sheet. We engage external auditors to undertake an annual audit of our financial statements in accordance with Australian Accounting Standards. 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.

Sole custodian

Independent Reserve is the sole custodian of all crypto assets held on our platform. Custody is managed in Australia and we do not use any third party custodians.

We adhere to industry best practices and never lend, trade or reinvest your assets.