USDT is traded on 70 exchanges across 200 trading pairs with $47.53B in 24-hour volume.
Highest volume
Binance
$4.81B
USDC/USDT
Tightest spread
Bitrue
0.01%
$274.52M vol
Most pairs
Binance
17 pairs
$4.81B vol
$47.53B total
USDT · USDC
USD · BRL · EUR · +4
0XDAC1… · 0XDC03… · EPJFWD…
Liquidity verdict
Healthy — most pairs have minimal slippage
Avg spread
0.073%
median 0.012%
Best spread
0.01%
Worst
2.10%
Tether (USDT) is actively traded on 70 cryptocurrency exchanges with a combined 24-hour volume of $47.53B. The highest volume exchange is Binance, accounting for 10.1% of total trading activity. The most popular trading pair is BTC/USDT.
When choosing an exchange to trade USDT, consider factors like trading volume (higher volume typically means better liquidity and tighter spreads), volume concentration (how much activity is concentrated on top exchanges), and the bid-ask spread (lower is better for frequent traders). All exchange data on this page refreshes every 60 seconds.
Tether (USDT) is traded on 70 exchanges. The highest volume exchange is Binance with $4.81B in 24-hour volume. The most popular trading pair is BTC/USDT. We recommend choosing exchanges with high volume and tight spreads.
The most liquid Tether pair is BTC/USDT on Pionex, with $2.70B in 24-hour volume.
Tether is currently listed on 70 exchanges that we track. 200 pairs have over $1M in daily volume. The top 3 exchanges account for 12% of total trading volume.
The average bid-ask spread across all Tether trading pairs is 0.073%. Lower spreads indicate more liquid exchanges. The tightest spreads are typically found on the highest-volume exchanges.
The top 3 exchanges for Tether account for 12% of total 24-hour trading volume ($47.53B). Binance alone handles 10.1% of all USDT 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.