Cryptocurrency Q&A Does Coinbase accept USDT?

Does Coinbase accept USDT?

Andrea Andrea Thu Oct 10 2024 | 6 answers 1205
I heard some news that Coinbase might delist USDT due to compliance issues, but I'm not sure if it's true. I want to know if Coinbase currently accepts USDT and if there are any restrictions or changes related to this. Does Coinbase accept USDT?

6 answers

Chiara Chiara Sat Oct 12 2024
The digital dollar, a revolutionary form of currency, harnesses the power of blockchain technology to redefine financial transactions.

Was this helpful?

131
43
CryptoAce CryptoAce Sat Oct 12 2024
The decision by Coinbase to focus on Ethereum for USDT transactions stems from the network's maturity, security, and widespread adoption within the cryptocurrency ecosystem.

Was this helpful?

197
92
Luca Luca Sat Oct 12 2024
This innovative currency is not confined to a single blockchain but rather thrives on multiple platforms, including Algorand, Avalanche, and Ethereum, among others.

Was this helpful?

283
50
Chloe_emma_researcher Chloe_emma_researcher Sat Oct 12 2024
It's crucial to note that, for the time being, Coinbase, a prominent cryptocurrency exchange, restricts its support for USDT, a stablecoin, solely to the Ethereum blockchain (ERC-20 standard).

Was this helpful?

173
32
NebulaSoul NebulaSoul Sat Oct 12 2024
Users must exercise caution when transferring USDT to Coinbase, ensuring that the transaction adheres to this requirement and is not executed on any other blockchain network.

Was this helpful?

353
20
Load 5 more related questions

|Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

The World's Leading Crypto Trading Platform

Get my welcome gifts