How does U transact and receive payment? Tutorial on the operation steps of two U transaction payment methods

There are two main ways to receive payment for U transactions: using wallet address or using QR code. When using a wallet address, the wallet address needs to be provided to the sender, while when using a QR code, the sender only needs to scan the QR code to transfer money. When receiving money, you need to provide accurate wallet information, confirm that the transfer has been completed, check the balance regularly, and keep the private key properly.

U transaction payment method

1. Use wallet address

Steps:

1. Open your U wallet.
2. Click the "Receive" or "Withdraw Coins" button.
3. Generate or copy your wallet address.
4. Give this address to the sender.
5. The sender transfers U to your wallet address.

2. Use the QR code

Steps:

1. Open your U wallet.
2. Click the "Receive" or "Withdraw Coins" button.
3. Click the "Show QR Code" button.
4. The sender uses U Wallet to scan your QR code.
5. The sender transfers U to your wallet address.

Note:

• Make sure to provide the wallet address or QR code accurately to the sender.
• Confirm that the sender has completed the transfer before receiving payment to avoid loss of funds.
• Check your wallet balance regularly to ensure payments have been received.
• Keep your wallet private key properly to ensure the safety of your funds.

In the digital currency market, Tether USDt (USDT) occupies a solid position and is widely recognized for its 1:1 peg mechanism with the US dollar. As of 17:00 on July 4, 2024, the price of USDT was $0.99899913445426, an increase of 0.0580099% compared to the previous day.

The trading volume in 24 hours is as high as $70,803,034,195.194, indicating that USDT’s liquidity in the market remains strong. Despite recent market volatility, USDT has maintained its status as a stablecoin, providing a safe haven for traders and investors.

The total circulating supply of USDT is 112,484,875,382.93 units, while both the maximum and total supply are not disclosed. This shows that the issuance of USDT is dynamically adjusted by Tether based on market demand.

Currently, the circulating market capitalization of USDT is $11,237,229,3146.75, making it the third largest cryptocurrency by market capitalization. The currency leads the stablecoin market and is expected to continue to maintain its importance in the future.

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