The difference between Bitcoin and Tether is that Bitcoin is the most important cryptocurrency of the highest value and a store of value, so to speak. Bitcoin is also highly volatile. Tether is the third-biggest cryptocurrency by market capitalization and a ‘’gateway coin’’ that enables people to invest in cryptocurrencies, but it isn’t volatile at all as it is pegged to the United States Dollar. For this reason, we call Tether or USDT a stablecoin. You can see Tether tokens as digital dollars that are worth a dollar each and are in digital form, just “not yet invested” (some might say that they have invested in the USDT token) into any cryptocurrency yet. 

Most major cryptocurrencies can be traded directly for both Bitcoin and Tether, but most lesser-known altcoins can only be traded for either Bitcoin or Tether. Often staking platforms allow users to lock up their Tether tokens for a fixed amount of time to earn interest – a way of generating passive income with crypto. Another key difference is that Bitcoin uses a Proof-of-Work consensus mechanism and can be mined. On the other hand, Tether uses a Proof-of-Stake consensus mechanism and cannot be mined. Instead, new Tether tokens are minted whenever traders or investors have a demand for them.

This means that you sell your Bitcoin and receive Tether in return via Zengo’s integrated cryptocurrency swapping feature. You may want to do this because you prefer to hold onto one cryptocurrency over the other. 

Yes, you will need a safe and reliable cryptocurrency platform such as Zengo to trade Bitcoin for Tether and vice versa. The Zengo wallet app is the ideal solution for this. Once you have downloaded, installed, and set up your Zengo wallet, you can trade Bitcoin, Tether, and other cryptocurrencies, such as MATIC, Voyager, and Decentraland, against low, competitive fees. 

Yes, but the required trading amounts are dynamic and are changing based on current market conditions. Log into your Zengo wallet app and navigate to the trade screen to find out the current minimum trading amounts between Bitcoin and Tether.

For more information about Zengo minimum trading amounts, fees and limits, click here.

With Zengo, you can trade BTC, ETH, SHIB, DOGE, XTZ, USDC, MATIC, ALPHA, SAND, MANA, and EUROC. These tokens, as well as many others, can be swapped for both Bitcoin and Tether. 

Yes, when you have Bitcoin and/or Tether in your Zengo wallet, you can send it to other wallets whenever you want to.

To do this, launch the app, navigate to the Bitcoin or Tether screen from the main menu, specify how much you want to send, paste the destination address, follow the on-screen instructions, and tap ‘’Send.’’ Now the only thing left to do is to wait until the transaction has been processed. 

You know when your Bitcoin to Tether trade is completed when the status of the trade changes from ‘’Trade Pending’’ to ‘’Trade Received’’ within the transaction history screen of Zengo. You will also receive a push notification when this happens.

Why wouldn’t you store your Bitcoin and Tether in your Zengo wallet? Zengo is the most secure and Web3-ready non-custodial wallet that allows you to store both digital assets safely. Furthermore, only you can access the private keys to your Bitcoin and Tether via Zengo’s built-in biometric facial recognition 3FA system. 

Yes, you can buy both Bitcoin and Tether with Zengo. To do so, launch the app, tap the ‘’Buy’’ button in the main menu, and select either Bitcoin or Tether. It is also possible to buy other cryptocurrencies through Zengo, such as Ethereum, Dogecoin, Tezos, Shiba Inu, and Polygon. The following types of payments are accepted: Visa, MasterCard, Apple Pay, and Bank Wire Transfer.