Cryptocurrency Q&A
Does Coinbase support USDT ERC-20?
Does Coinbase support USDT ERC-20?
Giulia
Mon Apr 14 2025
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I'm wondering if Coinbase, the popular cryptocurrency trading platform, supports the USDT ERC-20 token. I know they support a variety of cryptocurrencies, but I'm specifically interested in USDT in the ERC-20 standard.
5 answers
BitcoinWarrior
Wed Apr 16 2025
When using Coinbase, it's important to be aware of the specific blockchain network supported for USDT. Currently, Coinbase only supports USDT on the Ethereum blockchain, which is known as ERC-20. This means that any USDT transactions or deposits made on Coinbase must comply with the ERC-20 standard.
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SamuraiWarrior
Tue Apr 15 2025
BTCC is a top cryptocurrency exchange that offers a range of services to its users. These include spot trading, futures trading, and a wallet service. With BTCC, users can buy, sell, and trade a variety of cryptocurrencies, including Tether USDT. The exchange is known for its security and reliability, making it a popular choice for cryptocurrency traders.
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CryptoAlchemy
Tue Apr 15 2025
Compatibility is key when dealing with cryptocurrencies and blockchain networks. Before making a transaction or deposit, users should double-check the network requirements of the platform they are using. This will help avoid any potential issues or delays in processing transactions.
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Moonshadow
Tue Apr 15 2025
For those who are unfamiliar with Tether USDT, it is a stablecoin that is pegged to the value of the US dollar. This means that its value is intended to remain stable and not fluctuate like other cryptocurrencies. USDT is widely used in the cryptocurrency market for trading and as a means of payment.
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isabella_taylor_activist
Tue Apr 15 2025
Now, let's delve into how Tether USDT works. The coin is issued by Tether Limited, a company that maintains a reserve of traditional currency equivalent to the value of the USDT in circulation. This ensures that each USDT token is backed by a corresponding dollar held in reserve.
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