How to Convert BTG to USDT
When converting cryptocurrencies, such as BTG to USDT, you have two options. You can go through the long laborious process of searching for a specific individual selling BTG for USDT and strike a deal. Alternatively, you can make the process much easier by using a cryptocurrency exchange such as Rubix. With Rubix, trading cryptocurrencies is fast, simple and secure.
About BTG & USDT
What is Bitcoin Gold?
Bitcoin Gold (BTG) is a hard-fork of the Bitcoin cryptocurrency which took place on October 24th 2017. The stated goal of the fork was to “make Bitcoin decentralized again” by adopting a new algorithm for the mining process which would not favor the big miners so much. The original Bitcoin mining setup was now only really working for big setups with vast computing systems and the creators of Bitcoin Gold claimed they would address this with a new Proof-of-Work algorithm, known as Equihash-BTG.
As well as enhancing the mining process, BTG’s developers wanted to improve anonymity on the network by not publishing transaction details or wallet addresses. BTG is now used for smart contracts, open-source bridges for computing technology and payments and is listed on over 40 exchanges in 11 national currencies.
What is Tether?
Tether was originally conceived as a token backed entirely by USD, making it a stablecoin. However, in 2019 Tether was dogged by some controversy over exactly how much USD it had in reserve. After this, the company made the announcement that it would now be backed by other assets, which would include traditional currency and cash equivalents and, occasionally, other assets and receivables from loans made by Tether to third parties.
Tether tokens were developed by Brock Pierce, Craig Sellars and Reeve Collins who initially named it “Realcoin”. Tether was one of the first cryptocurrencies to be pegged to a real-world asset, making this venture a pioneer in the stablecoin concept.
Convert BTG to USDT using Rubix
Using the trading tools built into Rubix, you will find acquiring BTG a straightforward process, and you can trade directly from your Rubix wallet. Besides BTG and USDT trading, the app supports a vast range of other cryptocurrencies, which you can easily purchase and trade. It is easy to exchange your USDT and BTG tokens directly for fiat currencies, such as USD, EUR or GBP. Additionally, Rubix makes it simple to manage your cryptocurrency assets. Paying for products and services and sending funds to friends and family are also straightforward and you have the confidence of knowing your funds are safe. Keep your BTG to USDT transactions secure with Rubix.