USDT refers to TetherUSD, a token based on the stable value currency U.S. dollar (USD) launched by Tether. 1USDT=1 U.S. dollar. Users can use USDT to exchange 1:1 with USD at any time. Tether strictly abides by the 1:1 reserve guarantee, that is, for every USDT token issued, its bank account will have 1 USD fund guarantee. Users can inquire about funds on the Tether platform to ensure transparency. Users can use SWIFT to wire USD to the bank account provided by Tether, or exchange USDT through the exchange; when redeeming USD, the reverse operation is sufficient. Users can also exchange bitcoins for USDT on the trading platform.