Cryptocurrency Q&A Is Coinbase waiving fees for Tether (USDT) to USDC?

Is Coinbase waiving fees for Tether (USDT) to USDC?

KimonoElegance KimonoElegance Fri Aug 30 2024 | 6 answers 993
Excuse me, I was wondering if you could clarify something for me. I've heard rumors that Coinbase is offering a fee waiver for transactions involving Tether (USDT) to USDC. Is this true? If so, could you elaborate on the specifics of this offer? Are there any conditions or limitations that users need to be aware of? I'm particularly interested in understanding the benefits of this promotion and how it might impact the cryptocurrency market. Thank you for your time and assistance. Is Coinbase waiving fees for Tether (USDT) to USDC?

6 answers

Raffaele Raffaele Sun Sep 01 2024
Coinbase, a prominent player in the cryptocurrency landscape, has recently announced a significant move aimed at enhancing the user experience for its global retail clientele.

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CryptoWizardry CryptoWizardry Sun Sep 01 2024
In a customer-centric initiative, Coinbase has decided to eliminate fees for converting Tether (USDT) to USDC, a decision that underscores its commitment to facilitating seamless and cost-effective transactions.

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CryptoWizard CryptoWizard Sun Sep 01 2024
Notably, Coinbase shares a unique bond with USDC as a co-founder, further solidifying its position as a trusted and influential player in the stablecoin ecosystem.

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CryptoProphet CryptoProphet Sat Aug 31 2024
A closer look at the on-chain data reveals that USDT holds a prominent position among the most actively traded digital assets on Coinbase. In fact, it ranks as the third most traded asset, underscoring its widespread acceptance and popularity.

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Giulia Giulia Sat Aug 31 2024
The significant volume of USDT transactions on Coinbase, accounting for 5% of the total exchange volume, underscores its importance in the platform's ecosystem and highlights the demand for this particular stablecoin.

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