Cryptocurrency Q&A
Why can't I trade busd?
Why can't I trade busd?
CryptoElite
Wed Jul 31 2024
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7 answers
1165
Excuse me, could you please clarify why I am unable to trade BUSD at this moment? I understand that BUSD, being a stablecoin, is supposed to offer a reliable and stable trading option, so I'm curious about the potential reasons behind this restriction. Is it due to technical issues, maintenance, or perhaps there are some regulatory hurdles that we need to be aware of? I would appreciate any insights you can provide to help me understand the situation better.
7 answers
Marco
Fri Aug 02 2024
The decision to halt trading of BUSD stems from Coinbase's rigorous listing standards, which BUSD has failed to meet. This move highlights the exchange's commitment to ensuring that only high-quality digital assets are available for its users.
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Nicola
Fri Aug 02 2024
Coinbase, a leading U.S. cryptocurrency exchange, has made a significant announcement via its official Twitter account. The exchange has decided to suspend trading of Binance USD (BUSD), a popular stablecoin, from March 13 onwards.
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Eleonora
Thu Aug 01 2024
BTCC, a UK-based cryptocurrency exchange, offers a wide range of services including spot trading, futures trading, and cryptocurrency wallets. The exchange has established itself as a reliable and trustworthy platform for investors looking to buy, sell, and trade digital assets.
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SumoMight
Thu Aug 01 2024
BTCC's services cater to both beginners and experienced traders, with user-friendly interfaces and advanced trading tools. The exchange's commitment to security and regulatory compliance has earned it a reputation as a safe and reliable platform for investors.
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Valentino
Thu Aug 01 2024
The announcement has sparked debate within the cryptocurrency community, with some questioning the legitimacy of BUSD and Coinbase's decision to delist it. However, Coinbase has always been known for its strict adherence to regulatory requirements and compliance standards.
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