Why is tether not available for trading on Binance?
Thorpe OlsenDec 17, 2021 · 3 years ago3 answers
Why is the cryptocurrency tether (USDT) not available for trading on the Binance exchange?
3 answers
- Dec 17, 2021 · 3 years agoTether (USDT) is not available for trading on Binance due to the decision made by the exchange. Binance may have chosen not to list tether for various reasons, such as concerns about its stability or regulatory compliance. It's important to note that Binance offers a wide range of other cryptocurrencies for trading, so there are still plenty of options available.
- Dec 17, 2021 · 3 years agoUnfortunately, Binance does not support tether (USDT) trading at the moment. However, there are other exchanges that do offer tether trading, such as Huobi and OKEx. If you specifically want to trade tether, you may consider using those platforms instead.
- Dec 17, 2021 · 3 years agoAs an expert in the cryptocurrency industry, I can tell you that Binance has made a strategic decision not to list tether (USDT) for trading. This decision could be based on various factors, including concerns about tether's controversial history and its potential impact on the overall stability of the market. Binance aims to provide a secure and reliable trading environment for its users, and this decision aligns with that goal.
Related Tags
Hot Questions
- 98
How can I minimize my tax liability when dealing with cryptocurrencies?
- 92
What are the best digital currencies to invest in right now?
- 85
What are the tax implications of using cryptocurrency?
- 83
How does cryptocurrency affect my tax return?
- 63
What are the advantages of using cryptocurrency for online transactions?
- 53
What are the best practices for reporting cryptocurrency on my taxes?
- 42
What is the future of blockchain technology?
- 21
How can I protect my digital assets from hackers?