What is USDT payment?

USDT (Tether) working on ERC20 and TRC20 is a stablecoin. It is a type of cryptocurrency designed to maintain a stable value relative to a specific asset or currency. In the case of Tether, each coin is worth approximately one US dollar, although the actual value may fluctuate slightly due to market forces.

This coin can be used for various purposes. They include making transactions and transferring value between individuals or businesses. It is often used as a substitute for traditional fiat currencies. It helps when there may be volatility or instability in the value of those currencies.

Accept USDT payments

If you consider your business needs to accept Tether transactions, it’s time to employ a crypto payment gateway. Selecting one, pay attention to the solution's anonymity, reliability, and convenience characteristics. BitHide, for example, embraces all of them.

How does Tether payment work?

How does Tether payment work?

If, like a business, you want to accept Tether transactions, first, you need to have a cryptocurrency merchant wallet that supports USDT.

To let your customers make Tether transactions to your merchant’s wallet, you must incorporate the crypto payment gateway into your website, platform, or application. For instance, you can choose BitHide to issue multiple invoices or even manage unlimited corporate transactions in multiple wallets.

Once you receive Tether, choose to either hold it onto the appropriate wallet or convert it into a different currency. Many exchanges and online wallets offer the option to convert Tether into other coins or fiat currencies like US dollars, euros, or pounds.

    When it comes to BitHide, this solution provides several options for withdrawing funds in the automatic mode, including:

  • Withdrawing funds every time a new transaction is made
  • Withdrawing funds once a certain budget has been collected
  • Postponing withdrawal until a time when blockchain fees are lower
  • Diversifying withdrawals by merchant or cryptocurrency risk level

Overall, BitHide allows users to customize their withdrawal options to meet their specific needs and preferences.

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How USDT Payment Gateway is useful for your business

USDT processing solution allows businesses to accept Tether. Overall, this option can be a useful way for businesses to streamline their transaction processes, reduce costs, and reach a wider audience in a secure way.

If you understand that you need a Tether processing solution but is vague about what out-of-the-box solution to choose, consider BitHide as one of the leaders. Below, we’ve combined its major advantages that allow this payment gateway to outperform its competitors.

USDT payment method

What is USDT payment method? It’s a transaction option like a card or cash but when ERC20 or TRC20 cryptocurrency is transferred. Some merchants may prefer to accept Tether because it is pegged to the value of the US dollar, which can provide some stability and predictability for transactions.

Benefits of using USDT payments on Bithide

Among other crypto options, BitHide accepts Tether. Meanwhile, BitHide’s privileges remain the same:

BitHide allows merchants to accept crypto coins including Tether.

BitHide efficiently combines VPN and TOR technologies. This way, it hides the real IP address of your wallet, so it remains impeccable forever.

Being installed on your servers, BitHide doesn’t store any data on third-party resources, so you have full control over this data and your funds.

With BitHide, you can create balance sheets, analyze transactions and merchant accounts’ efficiency. This functionality works regardless of the number of merchants connected.

BitHide enables establishing different wallets for various merchants and managing them separately.

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How to accept USDT payment?

To accept Tether, you need to register a crypto wallet supporting this coin and incorporate a USDT payment gateway into your product.

What is USDT payment method?

USDT payment method is an option to pay for goods or services by using Tether.

How do I receive payment in USDT?

To receive income in Tether, you, like a business, need to have a USDT processing tool and Tether wallet where these transactions will be stored.

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