Coin On to Launch New Transaction Pairs with TUSD: The Future of Cryptocurrencies

03/28/2023 02:21 • NFT Newsflash • 151 views

On March 28th, according to an official announcement, Coin On announced that it would launch LDO/TUSD, MATIC/TUSD, OP/TUSD, SOL/TUSD, SSV/TUSD, and XRP/TUSD transaction pairs at 16:00 Beijing time on March 29th. Users can enjoy a zero registration fee for these transaction pairs until further notice.

Coin On will launch six TUSD related transaction pairs, including LDO TUSD, OP TUSD, and MATIC TUSD

Cryptocurrency has become a hot topic in recent times, with more and more people investing in them as a means of saving and growing their money. With the rapid rise in popularity of cryptocurrencies, more and more transactions are being processed daily, as people become more accustomed to the currency.
On March 28th, Coin On, the rapidly rising digital platform for buying, selling, and exchanging cryptocurrencies, announced that it would be launching several new transaction pairs featuring TUSD, the stablecoin pegged to the US Dollar. The pairs to be launched are LDO/TUSD, MATIC/TUSD, OP/TUSD, SOL/TUSD, SSV/TUSD, and XRP/TUSD, and they will be available for trading from 16:00 Beijing time on March 29th.

Overview of Stablecoins and Their Significance

Stablecoins are cryptocurrencies that are pegged to a stable asset, which is usually a more traditional currency, such as the US Dollar. They offer a stable value that is not subject to the price volatility that is typical of other cryptocurrencies, which can often fluctuate wildly within short periods. The stability provided by stablecoins allows them to be used more easily as a unit of account, without the risk of losing value. Stablecoins are a bridge between traditional currencies and cryptocurrencies, providing the benefits of both.
The addition of stablecoins to the cryptocurrency market has opened up a new avenue for adoption of the currency. Stablecoin transactions are easier to facilitate and understand, making it possible for more people to begin using cryptocurrencies. The introduction of additional pairs featuring TUSD by Coin On is a part of their efforts to promote the usage of stablecoins in daily transactions.

Benefits of Trading on Coin On

Coin On is a digital platform that promises to make trading in cryptocurrencies as seamless as possible. With their easy-to-use interface, detailed charts, and user-friendly design, Coin On has made trading accessible to the masses. It is one of the few platforms that supports trading in fiat currencies like USD, which makes the process of buying/ selling cryptocurrencies more accessible to those who may not be familiar with the world of digital assets.
In addition, Coin On offers some of the lowest transaction fees in comparison to its competitors. Moreover, with the introduction of zero registration fees for the LDO/TUSD, MATIC/TUSD, OP/TUSD, SOL/TUSD, SSV/TUSD, and XRP/TUSD transaction pairs, Coin On is demonstrating its commitment to pricing transparency, and to customer satisfaction.

What to Expect with These New Transaction Pairs

The new transaction pairs offered by Coin On will offer various benefits to traders. LDO/TUSD and SSV/TUSD, for instance, will offer opportunities for traders to invest in the rapidly-growing world of decentralized finance. MATIC/TUSD and SOL/TUSD are relating to popular cryptocurrencies, with MATIC gaining popularity recently as one of the few that managed to survive the latest crash.
In addition, the XRP/TUSD transaction pair will offer a unique opportunity for users to invest in Ripple, a popular cryptocurrency known for its lightning-fast transaction processing time. The availability of this transaction pair on Coin On will cater to the needs of a vast majority of its users.

FAQs

1. Is it safe to trade using Coin On?
– Yes, Coin On is a reputable digital trading platform that implements safety measures to ensure the safety of its users’ funds and transactions.
2. How long will the zero registration fees remain?
– Coin On has not provided a timeline for how long the zero registration fee for the transaction pairs will remain. Users are encouraged to take advantage of this offer while it is still available.
3. What is the significance of TUSD in these transaction pairs?
– TUSD is a stablecoin that is pegged to the US Dollar. The pairing of these cryptocurrencies with TUSD will provide a stable and predictable value for traders, reducing the impact of price volatility on their investments.

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