CEX Expands USDT Trading Options

Following the implementation of Tether (USDT) to their service earlier this week, CEX has immediately expanded the trading pairs offered to users.

These new pairings consist of XRP/USDT and LTC/USDT pairings that will join the BTC/USDT and ETH/USDT that were implemented for users to make use when the new trading asset went live on the platform earlier this week. However, this is just the beginning for Tether trading pairs at CEX, with the platform stating that “Eventually, most of the cryptocurrencies on CEX.​IO will be available for trading with Tether”.

As such, the ways by which users can trade with USDT on the platform ae set to be limitless. Of course, there are big hopes for Tether, which is pegged USDT is a stablecoin pegged to the US dollar at a 1:1 ratio and hopes to combat volatility issues surrounding crypto investment. This is clear by the fact that CEX have launched a promotion alongside the launch of this latest listing.

As we previously reported upon the announcement of USDT’s listing on CEX, the exchange platform are offering a 0% maker fee and only 0.1% taker fee on all USDT pairs up until the end of this year. With this considered, CEX are currently the ideal place to trade Tether at the moment in time and have big plans to continue being so in the foreseeable future.