Tether exchanges
USDT is traded on 65 exchanges across 199 trading pairs with $57.97B in 24-hour volume.
Highest volume
Binance
$6.86B
USDC/USDT
Tightest spread
Bullish
0.01%
$83.36M vol
Most pairs
Binance
15 pairs
$6.86B vol
Tether trading pair breakdown
$57.97B total
Tether spread distribution
Liquidity verdict
Healthy — most pairs have minimal slippage
Avg spread
0.489%
median 0.011%
Best spread
0.01%
Worst
89.99%
About Tether exchanges
Tether (USDT) is actively traded on 65 cryptocurrency exchanges with a combined 24-hour volume of $57.97B. The highest volume exchange is Binance, accounting for 11.8% 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 exchanges FAQ
What are the best exchanges for Tether?
Tether (USDT) is traded on 65 exchanges. The highest volume exchange is Binance with $6.86B 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 Tether pair is BTC/USDT on CoinUp.io, with $5.00B in 24-hour volume.
How many exchanges list Tether?
Tether is currently listed on 65 exchanges that we track. 199 pairs have over $1M in daily volume. The top 3 exchanges account for 14% of total trading volume.
What is the average spread for Tether across exchanges?
The average bid-ask spread across all Tether trading pairs is 0.489%. 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 14% of total 24-hour trading volume ($57.97B). Binance alone handles 11.8% 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.