Tether's Market Capitalization Soars to $113 Billion Following SVB Collapse
Tether, the leading stablecoin issuer, has significantly increased its market dominance following the...
1 Binance USD equals 1 USDT
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Platform | Binance USD | Tether |
---|---|---|
Wirex | 1 BUSD | 1 USDT |
To buy Binance USD using Tether, first, find a cryptocurrency exchange that supports the BUSD/USDT trading pair, such as Wirex. Create an account, verify your identity, and deposit your USDT into your exchange wallet. Locate the BUSD/USDT pair on the trading platform and place an order to exchange your Tether for Binance USD. If the BUSD/USDT pair is unavailable, you can first exchange Tether for a stablecoin like USDC (USDC) or a fiat currency, then trade that for Binance USD. Be mindful of potential exchange fees, which vary by platform and can affect the total cost of your transaction.
To sell Binance USD for Tether, first, find a cryptocurrency exchange that supports the BUSD/USDT trading pair, such as Wirex. Create an account, verify your identity, and deposit your BUSD into your exchange wallet. Locate the BUSD/USDT pair on the trading platform and place a sell order to exchange your Binance USD for Tether. If the BUSD/USDT pair is unavailable, you can first sell Binance USD for a stablecoin like USDC (USDC) or a fiat currency, then trade that for Tether. 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...
Tether (USDT) and USD Coin (USDC) have emerged as the two dominant stablecoins in the cryptocurrency...