RE: Poloniex Adds ETC/USD Pair

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Poloniex Adds ETC/USD Pair

in introduceyourself •  8 years ago 

Not quite it's not US dollars it's Tether Dollars which is currency which pegs the dollar. I got caught out by that once.

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it kinda gives the investor the overall value of the currency

Yes but it is more accurate to just look on Kraken or somewhere where they have an actual dollar pairing. The USDt doesn't always follow the USD very well.