Cryptocurrency Q&A Why do I have USDT on Binance?

Why do I have USDT on Binance?

ZenHarmony ZenHarmony Sat Feb 22 2025 | 7 answers 1852
I found some USDT in my Binance account and I'm wondering why I have them. I didn't specifically buy them, so I'm curious as to how and why they ended up in my account. Why do I have USDT on Binance?

7 answers

Nicola Nicola Mon Feb 24 2025
Its primary function is to provide liquidity and stability.

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TaekwondoMasterStrength TaekwondoMasterStrength Mon Feb 24 2025
By doing so, traders can avoid the impact of sudden price movements.

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Nicola Nicola Mon Feb 24 2025
In times of market volatility, USDT becomes a valuable asset.

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HanjiArtistryCraftsmanshipMasterpiece HanjiArtistryCraftsmanshipMasterpiece Mon Feb 24 2025
When Bitcoin or other cryptocurrencies experience sharp price fluctuations, traders often seek shelter.

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EthereumEagle EthereumEagle Mon Feb 24 2025
Converting funds into USDT becomes a strategy to mitigate losses.

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