Tether (USDT)

What is Tether (USDT)? 

Tether (USDT) is an Ethereum token that is pegged to the value of a U.S. dollar (also known as a stablecoin). Tether’s issuer claims that USDT is backed by bank reserves and loans which match or exceed the value of USDT in circulation.

Important: at this time, Coinbase only supports USDT on the Ethereum blockchain (ERC-20). Do not send USDT on any other blockchain to Coinbase.

What products support USDT?

    Send/Receive   Trading 
Coinbase             ✔        ✔
Pro            ✔        ✔
Wallet            ✔       ✖️

What regions support USDT?

    US  NY  CAN  EU  UK DE SG JP
Coinbase     ✔  ✖️   ✔   ✔  ✔  ✔  ✔ ✖️
Pro     ✔  ✖️   ✔   ✔  ✔  ✔  ✔ ✖️
Wallet   ✔  ✔   ✔   ✔  ✔  ✔  ✔ ✖️

Crypto to fiat trading pairs

   US  UK  EU 
USD    ✔  ✖️ ✖️
GBP   ✖️  ✔
✖️
EUR   ✖️  ✔

Note: Coinbase Wallet does not support direct bank transactions. You’ll need to transfer your crypto to Coinbase.com or send it to an external address in order to cash out.

Crypto to crypto trading pairs

  USDC  BTC  ETH  USDT
USDT      ✔   ✖️   ✖️   ✖️

See the full list of countries that Coinbase supports for crypto-to-crypto trading.

Note: Only assets hosted on the Ethereum blockchain can be converted through the Coinbase Wallet mobile app at this time. Learn more about trading on Coinbase Wallet.

How many confirmations are needed for USDT?

USDT requires 35 network confirmations. Learn about transaction confirmations.

Which blockchain network hosts USDT?

USDT is hosted on the Ethereum blockchain.

What are the minimum and maximum withdrawal amounts?

Coinbase has implemented safeguards to ensure a healthy and efficient network both on-chain and through our platform.  

These safeguards include both minimum and maximum amounts for each cryptocurrency we allow customers to send through the blockchain.

Minimum: 13 Tether (USDT) 

Maximum: 15,000,000 Tether (USDT) 

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