If you’re looking for WMZ, you can instantly exchange Tether to Webmoney on HiExchange. Webmoney is an online system based in Russia and is a favorite among Forex traders. The transactions are quick and cheap. Furthermore, numerous online merchants accept WMZ for online purchases. In this article, we will go over how to exchange Webmoney to Tether on HiExchange with full anonymity.
What Do I Need to Exchange Tether to Webmoney?
For this exchange direction, you will need a Webmoney account and a crypto wallet. Make sure that your WMZ account is verified in order to receive the deposit. Bear in mind that HiExchange platform does not require KYC or sign up but there are many benefits for those who sign up on HiExchange.
What is Webmoney WMZ?
WebMoney is an online payment system and a comprehensive tool for online business operations. It was originally developed as a money transfer system for US dollars in Russia in 1998 and since then, nearly 40 million people from all over the globe have joined the program.
WebMoney provides digital currency purses that can hold popular national currencies. The payment platform provides a P2P credit purse, global payment solutions, retail services, local payment products, online billing, and direct integration with other global financial service providers. On top of that, a number of countries worldwide are currently working on WebMoney and consumers pay WebMoney for the services of different companies from Spain, Poland, and Belgium.
Continue reading “What is Webmoney”.
What is Tether Used for?
To answer this question, we must first talk about what Tether is. To put it simply, Tether is a stablecoin. The term stablecoin refers to the stable value of the currency. To make that happen, the value of a stablecoin like Tether is pegged to a fiat currency which it represents. In case of Tether, it is pegged to US dollar. For every 1 Tether that is out there, there is $1 USD held by the company.
This stable value gives investors the opportunity to benefit from a blockchain based coin that does not fluctuate in value.
Furthermore, Tether simultaneously operates on two blockchains. ERC20 which is on Ethereum network and TRC20 that is on Tron network. Generally speaking, TRC20 Tether is much faster in transactions and maintains much lower transaction fees. We recommend you to use TRC20 as much as possible due to better performance.
Every exchange platform must maintain three important characteristics. Anonymity, affordability and reliability. We pride ourselves as a professional platform that offers all three.
For anonymity, HiExchange requires no KYC or even a sign up process. The best way to protect your information is to not share them with anyone. And for that, we respect our customers and do not ask for their personal info.
As for affordability, HiExchange utilizes an automated system to determine the best exchange rates at any moment. By doing so, we have managed to stay on top of the ranks on websites such as Bestchange and OkChanger.
Lastly, reliability is ensured for our customers with 24/7 online support. In case anything goes wrong, you will have our immediate support until the issue is resolved.
How to Exchange Tether to Webmoney WMZ?
- Enter the homepage first, then select Tether (either TRC20 or ERC20) on the left field and Webmoney WMZ on the right. Enter the amount you want to exchange and wait for the exchange rate to apply.
- Press Exchange and you will go to the next stage where you will enter your Webmoney address details and email address.
- One more time, click on the “Exchange” button and you will go to the next step where you will review your order.
- Complete the captcha and click on “exchange” to go to the next step where you will obtain a tracking ID. At this point, you will have the HiExchange wallet address to send the Tether to. After you have transferred your USDT, click on Pay Order button. Don’t forget to attach the screenshot for the Tether payment. your order will process swiftly.
- By finishing all the steps above, our team of professionals will send the Webmoney to your wallet ASAP.
Just like that, you have now exchanged Tether to Webmoney. In general, Webmoney payments don’t take very long to process. Give it a few minutes and the WMZ will be in your wallet quickly. In the meantime, you can follow up on your order using the Track ID provided for you. Simply enter the track id in the required section on homepage to see at which point your order is. Remember not to share your Track ID with anyone else.