How does Tether compare to other USD stablecoins like BUSD?
A post by Lisa Cantin
To buy Ethereum Classic using Binance-Peg BUSD, first, find a cryptocurrency exchange that supports the ETC/BUSD trading pair. Create an account, verify your identity, and deposit your BUSD into your exchange wallet. Locate the ETC/BUSD pair on the trading platform and place an order to exchange your Binance-Peg BUSD for Ethereum Classic. If the ETC/BUSD pair is unavailable, you can first exchange Binance-Peg BUSD for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Ethereum Classic. Be mindful of potential exchange fees, which vary by platform and can affect the total cost of your transaction.
To sell Ethereum Classic for Binance-Peg BUSD, first, find a cryptocurrency exchange that supports the ETC/BUSD trading pair. Create an account, verify your identity, and deposit your ETC into your exchange wallet. Locate the ETC/BUSD pair on the trading platform and place a sell order to exchange your Ethereum Classic for Binance-Peg BUSD. If the ETC/BUSD pair is unavailable, you can first sell Ethereum Classic for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Binance-Peg BUSD. Be mindful of potential exchange fees, which vary by platform and can affect the total amount you receive.
A post by Lisa Cantin
Tether, the leading stablecoin issuer, has significantly increased its market dominance following the...