Why the exchange rate is not exactly 1:1 when converting USD to USDT
Nominally 1 USDT = 1 USD. But in an actual exchange, you will receive slightly less USDT for each dollar - or pay slightly more dollars for each USDT. The reason is the exchanger's spread: the difference between the buy and sell rate. Additionally, there may be transaction fees on the blockchain network (gas fee). For TRC-20 (Tron), the network fee is low; for ERC-20 (Ethereum), it is higher and depends on network congestion. Who exactly pays the network fee and how it is factored into the final amount depends on the provider - clarify this when submitting your order. The final amount of USDT in the wallet after the exchange will be less than the nominal dollar amount: keep this in mind when planning the transaction, especially for small amounts.
TRC-20 or ERC-20: which network to choose when receiving USDT
This is arguably the most practically important question when working with USDT. TRC-20 (Tron network) - cheap and fast transactions; widely used for P2P exchanges and payments in Asia and other regions. ERC-20 (Ethereum network) - higher in fees, but more widely supported by major centralized exchanges. If you send USDT via TRC-20 and the recipient expects ERC-20, the funds will not arrive and may be lost. Before any transaction, confirm with the recipient which network they expect the transfer on. When submitting an order through ATM24, the network is agreed before the transaction begins - this eliminates the risk of error. In addition to network risk, consider regulatory risk: USDT can be frozen by the issuer at the regulator's request, and the legal framework for crypto asset transactions depends on jurisdiction; stablecoins do not have banking deposit protection.
Buying USDT for dollars: when and why it is needed
Typical reasons for buying USDT for USD: storing dollar value in the blockchain without a bank account; paying for services or goods to counterparties that accept only crypto; preparing for further conversion into another cryptocurrency; transfers to countries where banking channels are closed. USDT does not generate interest income on its own (unlike a bank deposit); it allows you to move dollar value across borders quickly without a banking intermediary, but such transfers may be subject to sanctions and currency restrictions, depend on jurisdiction, and do not have banking protection - verify the legality of a specific transaction in advance. ATM24 arranges the purchase of USDT for cash USD or non-cash transfer - submit your order in WhatsApp, the manager will agree on the details and the transfer network.
The scope of identification (KYC) and source-of-funds verification (AML) is determined by applicable law and the transaction amount; specific requirements are communicated by the manager before payment.
Transactions with crypto assets involve regulatory risks; their permissibility depends on the jurisdiction of the parties and may change. Before the transaction, independently assess the applicable restrictions; the manager confirms the possibility and terms of the specific transaction before payment.