How to deposit and withdraw with Tether 

Fund your trading accounts with Tether (USDT) from your Personal Area, where it is referred to as Tether USDT ERC20. USDT is a stablecoin, backed by USD and pegged to an exchange rate of USD 1 per USDT; ERC20 is the type of Ethereum token protocol that is used for this payment method.

The Ethereum network recently experienced a change in its mechanisms, where the proof-of-work mechanism changed to a proof-of-stake mechanism for processing transactions; this update is referred to as The Merge. No disruptions on the Ethereum network are predicted due to this change, but be aware of a small chance that processing delays may occur.

Here’s what you need to know about using USDT ERC20:

Deposit with Tether (USDT ERC20)

1. Select Tether USDT ERC20 from the Deposit section of your PA.
2. Choose the trading account you would like to deposit into, then click Continue.
3. The assigned USDT ERC20 address will be presented, and you will need to send the desired deposit amount from your private wallet to the Exness ERC20 address.
4. Once this payment is successful, the deposited amount will reflect in your chosen trading account completing the deposit action.

Withdrawal with Tether (USDT ERC20)

1. Select Tether USDT ERC20 from the Withdrawal section of your PA.
2. Choose the trading account you wish to withdraw from and the amount in USD, as well as your private wallet address; take care to provide this exact or funds may be lost and irrecoverable. Once this form is complete, click Continue.
3. A summary of the transaction will be displayed. Enter the verification code sent to you either by email or SMS depending on your Personal Area security type. Click Confirm Withdrawal.
4. The amount specified in USD will be credited to your private wallet in USDT ERC20, completing the withdrawal action.