USD Stablecoin Basket
AscendEX.US now supports deposits, withdrawals, and trading of USD! You can freely interchange popular stablecoins such as USDC in a 1:1 manner as ‘USD’ on AscendEX.US.
USDC can be deposited and credited 1:1 with USD, and you can withdraw USD as any of these 1:1. Note that USDT is not part of the USD Stablecoin basket on AscendEX.US; however, you can still freely deposit, withdraw and trade USDT across multiple chains, including ERC20, Solana, Arbitrum, Omni, and TRC20.
USD support will allow you to do some of the following:
· Deposit US Dollars and immediately withdraw stablecoins such as USDC
· Seamlessly convert USDT for US Dollars, with 0% fees
· Trade popular assets like BTC and ETH against US Dollars and USDT on the same platform
See below for additional details:
1. USD cash and margin trading are now available on AscendEX.US and all trades are denominated and settled in USD. The pairs currently supported for trading on AscendEX.US include BTC/USD, ETH/USD, and USDT/USD.
2. Deposits of USDC and US Dollars will allow appear as ‘USD’ in your account; however, you can still seamlessly withdraw ‘USD’ as any asset of your choosing.