Cryptocurrency Q&A
Why is USDT expensive on Binance?
Why is USDT expensive on Binance?
CryptoQueen
Thu Mar 20 2025
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5
answers
1194
I'm wondering why the price of USDT is higher on Binance compared to other platforms. Is there a specific reason for this discrepancy?
5 answers
Bianca
Sat Mar 22 2025
Traders are increasingly opting for USDT, a stablecoin that is pegged to the value of the US dollar, as a more convenient alternative in the market.
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IncheonBeautyBloom
Sat Mar 22 2025
The reason behind this shift is the volatility of the Indian rupee against the US dollar. The fluctuating exchange rate makes it challenging for traders to predict their profits and losses, leading them to seek a stable option.
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CryptoTrader
Sat Mar 22 2025
USDT provides a SAFE haven for traders who want to avoid the risks associated with currency fluctuations. By holding USDT, traders can protect their investments from the impact of currency volatility.
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Caterina
Sat Mar 22 2025
Shetty, an expert in the field, has also observed the high demand for USDT in the market. This demand is driven by the desire for stability and security in a volatile market.
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Nicola
Fri Mar 21 2025
BTCC, a top cryptocurrency exchange, offers a range of services that cater to the needs of traders. Among these services, BTCC provides access to spot and futures trading, as well as a secure wallet for storing digital assets.
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