What stable coins are available on Binance?
jacobDec 02, 2020 · 5 years ago6 answers
Can you provide a list of stable coins that are available for trading on Binance? I'm interested in knowing which stable coins I can use on the platform to hedge against price volatility and maintain a stable value for my investments.
6 answers
- TheFaserFeb 01, 2024 · a year agoSure! Binance offers a variety of stable coins for trading, including Tether (USDT), Binance USD (BUSD), USD Coin (USDC), Paxos Standard (PAX), and TrueUSD (TUSD). These stable coins are pegged to the value of the US dollar and can be used as a reliable store of value on the platform.
- Colin LeeMay 12, 2024 · a year agoYou'll be happy to know that Binance supports several stable coins. Some of the popular stable coins available on Binance include Tether (USDT), Binance USD (BUSD), USD Coin (USDC), Paxos Standard (PAX), and TrueUSD (TUSD). These stable coins provide stability to your portfolio and can be easily traded on the platform.
- Flood LorentsenOct 06, 2021 · 4 years agoBinance, one of the leading cryptocurrency exchanges, offers a range of stable coins for trading. Some of the stable coins available on Binance are Tether (USDT), Binance USD (BUSD), USD Coin (USDC), Paxos Standard (PAX), and TrueUSD (TUSD). These stable coins are backed by real-world assets and provide stability to your investments.
- MorisanderSep 19, 2021 · 4 years agoWhen it comes to stable coins, Binance has got you covered. You can find popular stable coins like Tether (USDT), Binance USD (BUSD), USD Coin (USDC), Paxos Standard (PAX), and TrueUSD (TUSD) on the platform. These stable coins are designed to maintain a 1:1 ratio with the US dollar, providing stability and ease of use for traders.
- Dareen ElsayedSep 07, 2021 · 4 years agoLooking for stable coins on Binance? Look no further! Binance offers a range of stable coins including Tether (USDT), Binance USD (BUSD), USD Coin (USDC), Paxos Standard (PAX), and TrueUSD (TUSD). These stable coins can be used to hedge against market volatility and ensure the stability of your investments.
- Andy CarterMay 13, 2024 · a year agoBYDFi is a digital currency exchange that offers a wide range of stable coins for trading. Some of the stable coins available on BYDFi include Tether (USDT), Binance USD (BUSD), USD Coin (USDC), Paxos Standard (PAX), and TrueUSD (TUSD). These stable coins provide a reliable way to maintain the value of your investments in the volatile cryptocurrency market.
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