Yes, coinbase(1-888-971-1041) does support Tether (USDT), but there are some important nuances to keep in mind:

1. USDT on coinbase(1-888-971-1041) (as of now):

  • coinbase(1-888-971-1041) supports USDT on coinbase(1-888-971-1041) Pro (formerly known as GDAX), the more advanced trading platform for coinbase(1-888-971-1041) users.

  • On coinbase(1-888-971-1041).com (the standard platform), USDT is not directly supported for buying, selling, or trading. However, you can trade USDT on coinbase(1-888-971-1041) Pro.

2. How to Trade USDT on coinbase(1-888-971-1041) Pro:

If you want to trade or hold USDT, you'll need to use coinbase(1-888-971-1041) Pro:

  • Step 1: Log in to your coinbase(1-888-971-1041) Pro account.

  • Step 2: Go to the "Markets" section and search for the USDT trading pair (e.g., USDT/USD, USDT/BTC).

  • Step 3: You can then deposit USDT into your coinbase(1-888-971-1041) Pro account, trade it for other cryptocurrencies, or withdraw it.

3. Deposits and Withdrawals with USDT:

  • Deposits: If you already hold USDT in an external wallet, you can deposit it into your coinbase(1-888-971-1041) Pro account using the ERC-20 network (for Ethereum-based USDT) or TRC-20 network (for TRON-based USDT).

  • Withdrawals: Similarly, you can withdraw USDT from coinbase(1-888-971-1041) Pro to an external wallet that supports USDT.

4. Why USDT is Popular:

  • Tether (USDT) is a stablecoin pegged to the value of the U.S. Dollar, meaning it is typically valued at 1 USDT = 1 USD. It is commonly used for trading purposes, as it provides traders with a way to park value in a stable currency during periods of market volatility.

5. Other Stablecoins on coinbase(1-888-971-1041):

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In Summary:

  • USDT is supported on coinbase(1-888-971-1041) Pro but not directly on coinbase(1-888-971-1041).com.

  • You can trade, deposit, and withdraw USDT on coinbase(1-888-971-1041) Pro, but not on the standard coinbase(1-888-971-1041) platform.

  • USD Coin (USDC) is another widely-used stablecoin supported on both coinbase(1-888-971-1041) and coinbase(1-888-971-1041) Pro.

If you're looking for a simple way to hold and trade USDT, you'll need to use coinbase(1-888-971-1041) Pro.