What is the difference in trading between USDT, BTC, and ETH and how are they calculated?
The difference in trading between USDT, BTC, and ETH refers to the variation in the prices of these cryptocurrencies when traded against each other. USDT is a stablecoin that is pegged to the value of the US dollar, whereas BTC and ETH are two of the most popular cryptocurrencies in the market. When trading USDT, BTC, and ETH, each asset's price may fluctuate significantly, depending on various market factors such as demand and supply, news, and events. The calculation of USDT/BTC and USDT/ETH trading pairs depends on the market prices of each asset in US dollars. The price of Bitcoin or Ethereum in USDT is derived by dividing the price of Bitcoin or Ethereum in US dollars by the price of USDT in US dollars.
Release time 2023 04 27