Which stable coins are supported by Binance?
Kyed SargentMay 07, 2022 · 3 years ago3 answers
Can you provide a list of stable coins that are supported by Binance? I'm interested in knowing which stable coins I can use for trading on the Binance platform.
3 answers
- May 07, 2022 · 3 years agoSure! Binance supports a variety of stable coins, including Tether (USDT), Binance USD (BUSD), USD Coin (USDC), and Paxos Standard (PAX). These stable coins are pegged to the value of the US dollar and provide stability in the volatile cryptocurrency market. You can use these stable coins for trading and as a store of value on the Binance platform.
- May 07, 2022 · 3 years agoBinance, one of the leading cryptocurrency exchanges, offers support for several stable coins. Some of the stable coins supported by Binance include Tether (USDT), Binance USD (BUSD), USD Coin (USDC), and Paxos Standard (PAX). These stable coins are widely used in the crypto industry and provide a reliable way to store value and facilitate trading.
- May 07, 2022 · 3 years agoBinance, a well-known cryptocurrency exchange, supports a range of stable coins to cater to the needs of its users. Some of the stable coins you can find on Binance include Tether (USDT), Binance USD (BUSD), USD Coin (USDC), and Paxos Standard (PAX). These stable coins offer stability and are commonly used for trading and transferring value within the crypto ecosystem. If you're looking for a reliable exchange to trade stable coins, Binance is a great choice.
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