CEX.IO to Launch Tether (USDT) Market with a Particular Supply

CEX.IO to Launch Tether (USDT) Market with a Special Offer

At CEX.IO, we add new listings and new options based mostly on thorough market analysis, due diligence, and suggestions from our clients. Inside only one week, we’ll record the cryptocurrency that lots of you might have requested for. Put together yourselves for Tether (USDT)!

USDT is a stablecoin, which means you’ll be capable to retailer, ship, and obtain a digital forex pegged to the US greenback at a 1:1 ratio.

For our trade, this isn't an bizarre itemizing. We’re about to launch a brand-new market that may provide many new forex pairs. 

We’ll kick issues off with two USDT pairs: BTC/USDT, ETH/USDT. Finally, a lot of the cryptocurrencies on CEX.IO can be out there for buying and selling with USDT. 

A particular provide for USDT pairs

By launching the USDT market, we’re including new buying and selling alternatives for current clients, offering extra choices for arbitrage, and give these already holding USDT entry to CEX.IO liquidity.

To have fun the launch of the USDT market, we’re decreasing the buying and selling charges for all USDT pairs to a 0% maker charge and a 0.1% taker charge. This provide will final till the tip of 2019!

About Tether and USDT

Tether (buying and selling image USDT) is a stablecoin, a cryptocurrency with a set worth measured by fiat forex, USD on this case. The value of USDT is “tethered” to at least one greenback, as it's designed to be collateralized, or backed, by the precise {dollars} within the Teather platform's reserve account.  

There are two most important causes whyTether has taken off within the cryptocurrency markets:

  • By nature, decreased volatility.Stablecoins are set to keep up a set worth and are subsequently protected against the volatility of cryptocurrency. 
  • Low charges and quick transactions, in comparison with fiat. You'll be able to switch the worth of fiat cash with the transaction charges and pace of cryptocurrency.

Due to these advantages, merchants usually use Tether to ship and obtain fiat equal between exchanges, saving money and time. Thus, USDT brings asset mobility and facilitates arbitrage. 

USDT worth

The aim of Tether is for one USDT to equal one US greenback. Nevertheless, Tether doesn't assure any proper to trade tethers for fiat cash.

Despite the fact that USDT holders are protected against crypto volatility, they’re nonetheless uncovered to fluctuations within the worth of the US greenback, which USDT is pegged to.

Word: CEX.IO doesn’t assure that the worth of USDT is the same as the worth of USD. Please research this stablecoin, in addition to Tether Terms of Service, by yourself earlier than making any funding or buying and selling selections. 

Mark your calendars!

USDT deposits can be out there beginning on October 15th. USDT buying and selling can be enabled on October 17th. 

We hope you’re as enthusiastic about this new market as we're. Keep tuned for information and updates!

Focus on Tether in our official Telegram group: https://t.me/CEX_IO

Restrictions: USDT is at present unavailable for US residents.

Necessary: Please word that we’ve made some adjustments to the CEX.IO Terms of Use in response to the USDT itemizing on CEX.IO. 

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