common-close-0
BYDFi
Trade wherever you are!

Why is tether not available for trading on Binance?

avatarHello monkeyDec 17, 2021 · 3 years ago3 answers

Why is the cryptocurrency tether (USDT) not available for trading on the Binance exchange?

Why is tether not available for trading on Binance?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    Tether (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.
  • avatarDec 17, 2021 · 3 years ago
    Unfortunately, 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.
  • avatarDec 17, 2021 · 3 years ago
    As 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.