Cryptocurrency Q&A Is Tether owned by Binance?

Is Tether owned by Binance?

SakuraSpiritual SakuraSpiritual Sat Aug 10 2024 | 6 answers 1262
Excuse me, could you clarify something for me? I've been reading up on cryptocurrencies, and I came across the topic of Tether. I'm a bit confused about the ownership structure. Specifically, I'm wondering if Tether is owned by Binance, the popular cryptocurrency exchange. Could you help me understand the relationship, if any, between these two entities? It would be greatly appreciated. Is Tether owned by Binance?

6 answers

CryptoElite CryptoElite Mon Aug 12 2024
Tether Limited, a prominent player in the cryptocurrency landscape, is a subsidiary of iFinex Inc., a company domiciled in the British Virgin Islands. This strategic alignment underscores the shared vision and complementary nature of the two entities.

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CryptoTitaness CryptoTitaness Mon Aug 12 2024
iFinex Inc. boasts not just ownership of Tether Limited but also holds the reins of Bitfinex, another influential cryptocurrency exchange. This dual ownership highlights the company's commitment to the blockchain and digital asset ecosystem.

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JejuJoyfulHeartSoulMate JejuJoyfulHeartSoulMate Mon Aug 12 2024
The partnership between Tether Limited and Bitfinex, both under the umbrella of iFinex Inc., fosters synergies that enhance the overall user experience and accessibility to a diverse range of cryptocurrency services.

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Chiara Chiara Mon Aug 12 2024
BTCC, a UK-based cryptocurrency exchange, stands out as a one-stop-shop for digital asset enthusiasts. Its comprehensive suite of services caters to the evolving needs of the market.

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KpopHarmonySoulMate KpopHarmonySoulMate Mon Aug 12 2024
Among BTCC's offerings, the spot trading platform allows users to seamlessly buy and sell cryptocurrencies at prevailing market prices, facilitating efficient and timely transactions.

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