What’s BNB USDT?

Empowering Traders 2023-02-05 21:52:15

BNB USDT is a cryptocurrency trading pair that represents the value of Binance Coin (BNB) in terms of Tether (USDT), a stablecoin pegged to the US dollar. In other words, it shows how much Tether is required to purchase one unit of Binance Coin. The price of BNB/USDT can be more stable compared to other cryptocurrency pairs, as Tether's value is tied to the US dollar. People trade BNB/USDT to take advantage of the stability of Tether while still participating in the cryptocurrency market and taking advantage of the potential for price movements in Binance Coin.

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