CEX.io To Launch Tether With Special Low Fee Offer

CEX.io To Launch Tether With Special Low Fee Offer

This week will see the listing of Tether (USDT) on CEX.io and it will come with a special offer attached to get you off to the right start trading the stablecoin on the platform.

Arguably, Tether (USDT) is one of the most well-known stablecoins available on the crypto market and is growing in popularity alongside the prominence of stablecoins in general. Tether, which is backed 1:1 with the USD, is currently 4th ranked coin on Coinmarketcap and has been seen numerous recent listings at platforms this year already, with CEX.io being just the most recent.

For CEX.io it beckons in a new era for their platform and will be the start of a brand-new market that will likely see more and more similar coins listed, assumedly in preparing for the launch of Libra, Facebook’s stablecoin next year.

With this considered, they have pulled out all the stops and not only have they promised pairs with most other crypto assets on their platform but also a low fee offer that is eligible to claim by traders until the end of the year to help them stick their teeth into this new era of trading at CEX.io.

USDT Pairing Deal

When the new listing is put live onto CEX.io, and the platform officially as they put it, proves “more options for arbitrage, and give those already holding USDT access to CEX.IO liquidity”, it will come with very low rates attached. Specifically, providing users with a 0% maker fee and a 0.1% taker fee up until the end of 2019. Giving users essentially 2 and a half months in order to make transactions and loads up on Tether for low fees.

This will be made immediately available on the pairs available upon launch, i.e. BTC/USDT and ETH/USDT. However, there is still the potential for more pairs before the end of the year is up, and so this could be just the beginning.

Users will now have a long to get ready for this deal as tomorrow (October 15th, 2019) deposits will go live. This will then be followed by USDT trading will be enabled on CEX.io two days later on October 17th.

Ready to join our tribe?

We respect your email privacy

Subscribe now to recieve exclusive updates and offers!

Recently Similar News

Latest Guides

Latest News

CFD Trading Platform,eToro,Trading

eToro Lowers The FTD Minimum Across Several Countries

eToro, the social trading and multi-asset platform, has decided to lower the minimum first time deposit, or FTD. Until further updates, users who sign up today using the link below will be able to fund their trading account with as little as $50. This offer is only valid to users in selected countries. To participate […]

24 September, 2021

ChangeNOW Launches The NOW Tracker App

The young, but fast-growing online cryptocurrency exchange, ChangeNOW, has just announced the release of its latest product. The NOW Tracker is a free asset management app that lets users keep track of their coins and tokens across different wallets. Available on Google Play and the App Store, NOW Tracker is flexible and functional. This solution […]

9 September, 2021

eToro Becomes An Official Partner Of RB Leipzig

The world’s leading social investment network, eToro, has recently announced a new and exciting partnership. According to an announcement on eToro’s Twitter page, the company has become the latest partner of the German football team, RB Leipzig. A two-year partnership agreement has been signed between the parties. Running until 2023, this agreement can be extended […]

24 August, 2021

PSG’s Messi To Receive Part Of His Salary In Cryptocurrency

The Argentinian footballer, Lionel Messi, has made headline news several times in the past few weeks. Following his surprise departure from FC Barcelona, the player confirmed that he will be joining Paris Saint-Germain FC. The move was significantly newsworthy but got even more interest when it was announced that part of the footballer’s salary will […]

23 August, 2021

KingTiger Casino Announces Shut Down

KingTiger Casino has announced that it has ceased all operations until further notice. According to its website, the casino has had to “temporarily close” due to Ethereum network congestion. It is not yet clear if and when this online Bitcoin casino will reopen. Registered players can still access their wallet and withdraw their funds. A […]

12 August, 2021

CryptoCasino Announces Temporary Close

CryptoCasino has stopped operating until further notice. According to a landing page on their website, the casino is undergoing an update. There is no information about when the casino will reopen or the reason why an update required the website to shut down temporarily. Players who hold a crypto wallet account with CryptoCasino need not […]

11 August, 2021

Binance Suspends SEPA Inward Payments Until Further Notice

Binance Suspends SEPA Inward Payments Until Further Notice Binance has just announced that it has temporarily stopped all incoming SEPA payments. As a result, users will no longer be able to deposit euros using the primary European payments network. The world’s largest cryptocurrency exchange did not provide any specific information regarding the reason behind this […]

12 July, 2021

Why are Crypto Holders Worried of Declaring Their Ownership?

Cryptocurrencies have been popularly regarded as the future of finance globally. Investing in virtual coins has become a lot easier than it was a few years ago with the evolving crypto industry. Over the last few years, Bitcoin has caused a lot of buzz in the market. It has established itself as the de facto […]

8 July, 2021