Tether

Tether

USDT
Rank #3

Tether price

$0.9990+0.02%

Price range

$0.998624h range$0.9992

Tether exchanges

USDT is traded on 56 exchanges across 197 trading pairs with $34.35B in 24-hour volume.

Highest volume

Binance

$3.32B

USDC/USDT

Tightest spread

Bullish

0.01%

$45.28M vol

Most pairs

Binance

15 pairs

$3.32B vol

Volume concentrationTop 3 exchanges
12%of total volume
Binance 9.7%MEXC 1.1%Bitget 0.7%
Price across exchangesSpread: $0.007186 (0.72%)
$0.9978 lowavg $0.9990$1.00 high

Best Tether exchanges

1
BinanceUSDC/USDT
$3.32B vol
Trade now
2
MEXCBTC/USDT
$378.82M vol
Trade now
3
BitgetBTC/USDT
$256.07M vol
Trade now
4
BingXBTC/USDT
$179.01M vol
Trade now
5
KrakenUSDT/USD
$31.89M vol
Trade now

Showing 5 featured exchanges of 56 total.

Tether trading pair breakdown

Volume by quote currency
5 currencies

$34.35B total

1
USDTStablecoin
$34.16B99%
2
0XDAC1…Crypto
$79.77M<1%
3
USDCStablecoin
$45.28M<1%
4
USDFiat
$31.89M<1%
5
BRLFiat
$27.45M<1%
Stablecoins100%

USDT · USDC

Fiat0%

USD · BRL

Crypto0%

0XDAC1…

Tether spread distribution

Liquidity verdict

91%tight pairs

Healthy — most pairs have minimal slippage

Avg spread

0.504%

median 0.011%

Best spread

0.01%

Worst

89.95%

Distribution197 pairs
<0.05%
88%
0.05–0.1%
4%
0.1–0.5%
7%
0.5–1%
1%
>1%
1%

About Tether exchanges

Tether is actively traded on 56 cryptocurrency exchanges with a combined 24-hour volume of $34.35B. The highest volume exchange is Binance, accounting for 9.7% of total trading activity. The most popular trading pair is BTC/USDT.

When choosing an exchange, consider trading volume (higher volume typically means better liquidity and tighter spreads), how concentrated activity is on the top exchanges, and the bid-ask spread (lower is better for frequent traders). Exchange data on this page refreshes regularly.

Tether exchanges FAQ

What are the best exchanges for Tether?

Tether (USDT) is traded on 56 exchanges. The highest volume exchange is Binance with $3.32B in 24-hour volume. The most popular trading pair is BTC/USDT. We recommend choosing exchanges with high volume and tight spreads.

What is the most liquid Tether trading pair?

The most liquid pair is BTC/USDT on CoinUp.io, with $3.34B in 24-hour volume.

How many exchanges list Tether?

Tether is currently listed on 56 exchanges that we track. 197 pairs have over $1M in daily volume. The top 3 exchanges account for 12% of total trading volume.

What is the average spread for Tether across exchanges?

The average bid-ask spread across all trading pairs is 0.504%. Lower spreads indicate more liquid exchanges. The tightest spreads are typically found on the highest-volume exchanges.

How concentrated is Tether trading volume?

The top 3 exchanges for Tether account for 12% of total 24-hour trading volume ($34.35B). Binance alone handles 9.7% of all trading activity.

Disclaimer: Exchange data is provided for informational purposes only. Trading volumes and spreads may differ from real-time exchange data. Always verify conditions on your chosen exchange before trading.