Tether

Tether

USDT
Rank #3

Tether price

$0.9992-0.00%

Price range

$0.999024h range$0.9993

Tether exchanges

USDT is traded on 72 exchanges across 200 trading pairs with $37.88B in 24-hour volume.

Highest volume

Binance

$3.97B

USDC/USDT

Tightest spread

Azbit

0.01%

$511.63M vol

Most pairs

Binance

13 pairs

$3.97B vol

Volume concentrationTop 3 exchanges
13%of total volume
Binance 10.5%MEXC 1.5%Bitget 0.9%
Price across exchangesSpread: $0.0132 (1.33%)
$0.9908 lowavg $0.9992$1.00 high

Best Tether exchanges

1
BinanceUSDC/USDT
$3.97B vol
Trade now
2
MEXCBTC/USDT
$560.12M vol
Trade now
3
BitgetBTC/USDT
$332.22M vol
Trade now
4
BingXBTC/USDT
$197.36M vol
Trade now
5
KrakenUSDT/USD
$197.28M vol
Trade now

Showing 5 featured exchanges of 72 total.

Tether trading pair breakdown

Volume by quote currency
12 currencies

$37.88B total

1
USDTStablecoin
$36.57B97%
2
0XDAC1…Crypto
$306.08M<1%
3
USDFiat
$257.76M<1%
4
EPJFWD…Crypto
$156.03M<1%
5
BRLFiat
$153.07M<1%
6
0XDC03…Crypto
$144.63M<1%
6 others
$294.85M1%
Stablecoins97%

USDT · USDC

Fiat1%

USD · BRL · AUD · +3

Crypto2%

0XDAC1… · EPJFWD… · 0XDC03… · +1

Tether spread distribution

Liquidity verdict

89%tight pairs

Healthymost pairs have minimal slippage

Avg spread

0.072%

median 0.013%

Best spread

0.01%

Worst

2.74%

Distribution197 pairs
<0.05%
80%
0.05–0.1%
9%
0.1–0.5%
7%
0.5–1%
4%
>1%
1%

About Tether exchanges

Tether is actively traded on 72 cryptocurrency exchanges with a combined 24-hour volume of $37.88B. The highest volume exchange is Binance, accounting for 10.5% 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 72 exchanges. The highest volume exchange is Binance with $3.97B 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 BTCC, with $1.99B in 24-hour volume.

How many exchanges list Tether?

Tether is currently listed on 72 exchanges that we track. 200 pairs have over $1M in daily volume. The top 3 exchanges account for 13% of total trading volume.

What is the average spread for Tether across exchanges?

The average bid-ask spread across all trading pairs is 0.072%. 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 13% of total 24-hour trading volume ($37.88B). Binance alone handles 10.5% 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.