Tether's Market Capitalization Soars to $113 Billion Following SVB Collapse
Tether, the leading stablecoin issuer, has significantly increased its market dominance following the...
To buy UMA using Binance-Peg BUSD, first, find a cryptocurrency exchange that supports the UMA/BUSD trading pair. Create an account, verify your identity, and deposit your BUSD into your exchange wallet. Locate the UMA/BUSD pair on the trading platform and place an order to exchange your Binance-Peg BUSD for UMA. If the UMA/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 UMA. Be mindful of potential exchange fees, which vary by platform and can affect the total cost of your transaction.
To sell UMA for Binance-Peg BUSD, first, find a cryptocurrency exchange that supports the UMA/BUSD trading pair. Create an account, verify your identity, and deposit your UMA into your exchange wallet. Locate the UMA/BUSD pair on the trading platform and place a sell order to exchange your UMA for Binance-Peg BUSD. If the UMA/BUSD pair is unavailable, you can first sell UMA 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.
Tether, the leading stablecoin issuer, has significantly increased its market dominance following the...