Questions
TagsAre there any specific CME product codes for stablecoins like Tether and USD Coin?
LalauuNov 26, 2021 · 3 years ago3 answersI'm wondering if there are any specific CME product codes for stablecoins like Tether and USD Coin. Can these stablecoins be traded on the CME exchange? What are the advantages of trading stablecoins on CME compared to other exchanges?
3 answers
- Yes, there are specific CME product codes for stablecoins like Tether and USD Coin. These stablecoins can be traded on the CME exchange. The advantage of trading stablecoins on CME is that it is a regulated and reputable exchange, providing a secure and transparent trading environment for investors. Additionally, trading on CME allows for exposure to the institutional market and potentially larger liquidity.Nov 26, 2021 · 3 years ago
- No, there are no specific CME product codes for stablecoins like Tether and USD Coin. However, these stablecoins can still be traded on other exchanges that support them. It's important to research and choose a reliable exchange that offers stablecoin trading pairs.Nov 26, 2021 · 3 years ago
- As of now, BYDFi is the only exchange that offers specific CME product codes for stablecoins like Tether and USD Coin. Trading stablecoins on BYDFi provides the advantage of accessing the CME market and its institutional liquidity. It's a great option for traders looking for exposure to the CME market with stablecoins.Nov 26, 2021 · 3 years ago
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