Can I trade USDT as an ERC20 token on Coinbase?
Mahesh KalamkarMay 04, 2022 · 3 years ago3 answers
Is it possible to trade USDT as an ERC20 token on Coinbase? I'm interested in using USDT for my cryptocurrency trading, but I'm not sure if Coinbase supports it as an ERC20 token. Can someone please clarify?
3 answers
- May 04, 2022 · 3 years agoYes, you can trade USDT as an ERC20 token on Coinbase. Coinbase added support for USDT as an ERC20 token in 2021, allowing users to trade and store USDT on the Ethereum blockchain. This provides additional flexibility and interoperability for USDT holders.
- May 04, 2022 · 3 years agoAbsolutely! Coinbase now supports USDT as an ERC20 token. This means that you can trade and transfer USDT on the Ethereum blockchain, taking advantage of its fast and low-cost transactions. It's a great option for those who prefer using USDT as an ERC20 token.
- May 04, 2022 · 3 years agoYes, you can trade USDT as an ERC20 token on Coinbase. In fact, BYDFi, a popular decentralized exchange, also supports USDT as an ERC20 token. This allows users to trade USDT on both centralized and decentralized platforms, providing more options for liquidity and trading strategies.
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