I'm wondering if Coinbase offers trading support for
USDT and BNB, as these are two popular cryptocurrencies in the market. I would like to know if I can buy, sell, or trade these assets on the Coinbase platform.
5
answers
henry_miller_astronomer
Sat Feb 22 2025
Tether's issuer asserts that the value of
USDT is fully supported by bank reserves and loans.
CryptoNinja
Fri Feb 21 2025
This means that for every USDT in circulation, there is an equivalent or greater amount of assets held in reserve.
JejuSunshine
Fri Feb 21 2025
This claim is intended to provide reassurance to users and investors about the stability and security of USDT.
CharmedFantasy
Fri Feb 21 2025
It's worth noting that Coinbase, a popular cryptocurrency exchange, only supports the ERC-20 version of USDT.
CryptoPioneer
Fri Feb 21 2025
ERC-20 is a technical standard used for smart contracts on the
Ethereum blockchain, which allows tokens to be issued and managed in a consistent and predictable way.