Cryptocurrency Q&A Why is there no USDC on Binance?

Why is there no USDC on Binance?

MountFujiVista MountFujiVista Sun May 12 2024 | 5 answers 1404
I've noticed that Binance, one of the largest cryptocurrency exchanges, doesn't seem to offer USDC trading pairs. Could you please explain why that is? Given the popularity and widespread acceptance of USDC as a stablecoin, I'm quite surprised to see it missing from Binance's offering. Is there a particular reason behind this absence? Could it be due to regulatory issues, technical challenges, or perhaps Binance's strategic decision to prioritize other stablecoins? I'm keen to understand the reasons behind this, as it seems to be an anomaly in the crypto market. Why is there no USDC on Binance?

5 answers

henry_rose_scientist henry_rose_scientist Tue May 14 2024
Despite this, users will still be able to trade USDC on Binance's platform.

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Pietro Pietro Tue May 14 2024
For those seeking alternative methods for depositing and withdrawing USDC, Binance offers other options that users can utilize.

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emma_carter_doctor emma_carter_doctor Tue May 14 2024
Additionally, BTCC, a UK-based cryptocurrency exchange, provides a comprehensive range of services including spot trading, futures trading, and wallet solutions.

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Stefano Stefano Tue May 14 2024
Binance, a leading cryptocurrency exchange, has announced that it will no longer support deposits and withdrawals of USDC via the TRC20 protocol.

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Lucia Lucia Tue May 14 2024
This change will take effect from 5 April 2024, starting at 02:00 am UTC.

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