What is Dether? Dether (DTH) is a peer-to-peer (P2P) blockchain project that allows trading cryptocurrencies for cash. Koindeks.com In this article, we answered the questions of what is Dether, what it offers, what is DTH coin, what it does and how to get it. Let’s examine together this project, which makes it possible to spend cryptocurrencies for cash.
What is Dether?
Dether is a blockchain network that operates on a global scale and enables peer-to-peer asset trading. This network makes it possible to buy and sell cryptocurrency for cash. It also allows users to spend cryptocurrencies at nearby physical stores. The community of the decentralized project consists of investors who support this purpose. Dether is designed to be a bridge between crypto and fiat all over the world.
The Dether project was inspired by Bitcoin. Created by Satoshi Nakamoto, Bitcoin is designed to be a peer-to-peer (P2P) electronic cash system. Inspired by this, the project created Dether with the goal of changing the state of the existing, unfair remittance market. The team aims to create a financial affiliate system that also includes the vast potential of Blockchain. They have released a decentralized application (dApp), a cryptocurrency and a protocol for this.
What does Dether offer?
Dether dApp is cash app for crypto on/off ramp. It allows individuals in over 140 countries to buy crypto for cash locally. It also encourages users to sell their purchased assets. It is a cryptocurrency trading app after all. It can be downloaded to devices with Android and IOS operating systems. However, it is also possible to use the application through the website.
Dether Protocol, on the other hand, works as a basic bridge for dApp and cryptocurrency. It is built on the Ethereum Blockchain. This provides users with a set of decentralized tools. Accordingly, the tools make it possible for developers to bridge the gap between cash and cryptocurrency.
What is DTH? What’s the use?
DTH is an ERC-20 token with various use cases within the Dether network. This caters to traders who want to do E-commerce within the app. Users who want to operate as a seller or shop in Dether must purchase a certain amount of DTH for entry. This need helps Dether only attract real users willing to participate in real processes in the marketplace and on the Dether map.
What is Dether? How to take DTH?
Dether coin is a cryptocurrency currently traded only on the Hotbit exchange. Interested investors are required to become a member of this exchange and subsequently verify their membership in order to purchase DTH. Investors who do this should deposit an asset that is suitable for DTH parities in the account they have created. Thus, they can place a purchase order for the cryptocurrency over the DTH parity.