USDT on Ethereum: Bithumb Unlocks Seamless Transfers for Crypto Users
Main Idea
Bithumb will support USDT on Ethereum (ERC-20) deposits and withdrawals starting July 23, 2024, enhancing user flexibility and access to Ethereum's ecosystem.
Key Points
1. Bithumb's support for USDT on Ethereum begins on July 23, 2024, at 06:00 UTC, enabling seamless ERC-20 transfers.
2. USDT on Ethereum offers high liquidity, compatibility with Ethereum-based wallets, and access to DeFi, NFT, and dApp ecosystems.
3. The move eliminates the need for USDT conversions from other blockchains, saving time and fees for users.
4. Bithumb's decision reflects a broader trend of exchanges adopting widely used digital asset versions to meet user demand.
5. Withdrawals of USDT on Ethereum will incur Ethereum network gas fees, which vary based on congestion.
Description
BitcoinWorld USDT on Ethereum: Bithumb Unlocks Seamless Transfers for Crypto Users Are you ready for a significant upgrade in your crypto trading experience? South Korean crypto exchange Bithumb, a major player in the global digital asset landscape, has just announced a pivotal development that promises to enhance flexibility and accessibility for its users. Starting July 23, 2024, at 06:00 UTC, Bithumb will officially begin supporting deposits and withdrawals of USDT on Ethereum (ERC-20), a mov...
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