1. PixelPlaygroundHome
  2. Blockchain Briefs

**Coin On’s P2P Platform Adds TUSD Support in the Vietnamese Market**

• Blockchain Briefs • 105 views

On April 20th, Coin On announced that its P2P platform has added support for TUSD in the Vietnamese market, and eligible users can now directly use Vietnamese dong to buy and sell

**Coin On’s P2P Platform Adds TUSD Support in the Vietnamese Market**

On April 20th, Coin On announced that its P2P platform has added support for TUSD in the Vietnamese market, and eligible users can now directly use Vietnamese dong to buy and sell TUSD on Coin On P2P platform.

Increase support for TUSD in the Vietnamese market on the Coin An P2P platform

Coin On, a leading peer-to-peer (P2P) platform, has recently announced that it has added support for TrueUSD (TUSD) in the Vietnamese market. This means that eligible users in Vietnam can now directly use their Vietnamese dong to buy or sell TUSD on Coin On’s P2P platform. In this article, we will explore the significance of this announcement and its potential impact on the Vietnamese market.

**Coin On’s P2P Platform: An Overview**

Coin On is a fast-growing P2P platform that provides an easy and secure way for users to buy and sell cryptocurrencies. The platform supports a wide range of cryptocurrencies such as Bitcoin, Ethereum, Litecoin, and Ripple. Coin On has a robust platform that ensures the integrity of transactions and the safety of users’ funds.

**TrueUSD: An Introduction**

TrueUSD (TUSD) is a stablecoin that is pegged to the US dollar. This means that the value of TUSD is always equal to the value of one US dollar. TUSD is an ERC-20 token that runs on the Ethereum blockchain. It provides users with a stable and predictable store of value that can be used for transactions.

**Coin On Adds TUSD Support in the Vietnamese Market**

Coin On’s decision to add support for TUSD in the Vietnamese market is a significant development for the crypto industry in Vietnam. Vietnam is a rapidly developing market with a high level of interest in cryptocurrencies. The addition of TUSD support on Coin On’s P2P platform will make it easier for Vietnamese users to engage in crypto trading.
Previously, Vietnamese users had to buy cryptocurrencies such as Bitcoin or Ethereum using Vietnamese dong, and then convert them to TUSD. This process was cumbersome and costly due to the high fees associated with exchange services. With the addition of TUSD support on Coin On’s platform, users can now directly buy or sell TUSD with Vietnamese dong, without having to go through an exchange.
This new feature will benefit Vietnamese users by providing them with a more streamlined and cost-effective method of buying and selling TUSD. The addition of TUSD to Coin On’s platform will also create greater liquidity for the stablecoin, making it more accessible to users in the Vietnamese market.

**The Benefits of Using TUSD on Coin On’s P2P Platform**

There are several benefits to using TUSD on Coin On’s P2P platform. Firstly, TUSD provides users with a stable and predictable store of value. This is especially important in volatile markets such as the crypto market, where prices can fluctuate wildly within a short period.
Secondly, using TUSD on Coin On’s platform eliminates the need for users to convert their Vietnamese dong into other cryptocurrencies such as Bitcoin or Ethereum. This simplifies the trading process and reduces the associated fees.
Thirdly, by using TUSD on Coin On’s platform, users can enjoy a high level of security and transparency. Coin On’s platform uses state-of-the-art security measures to ensure the integrity of transactions and the safety of users’ funds. Additionally, all transactions on Coin On’s platform are recorded on the blockchain, providing users with a transparent and tamper-proof record of their transactions.

**Conclusion**

Coin On’s decision to add support for TUSD in the Vietnamese market is a significant development for the crypto industry in Vietnam. The addition of TUSD support on Coin On’s P2P platform will make it easier for Vietnamese users to engage in crypto trading, providing them with a more streamlined and cost-effective method of buying and selling TUSD. The use of TUSD on Coin On’s platform provides users with a stable and predictable store of value, simplifies the trading process, and ensures a high level of security and transparency.

**FAQs**

1. What is Coin On’s P2P platform?
– Coin On’s P2P platform is a fast-growing marketplace that provides an easy and secure way for users to buy and sell cryptocurrencies such as Bitcoin, Ethereum, Litecoin, and Ripple.
2. What is TrueUSD?
– TrueUSD (TUSD) is a stablecoin that is pegged to the US dollar. Its value is always equal to the value of one US dollar.
3. What are the benefits of using TUSD on Coin On’s P2P platform?
– Using TUSD on Coin On’s platform provides users with a stable and predictable store of value, simplifies the trading process, and ensures a high level of security and transparency. Additionally, the addition of TUSD on Coin On’s platform creates greater liquidity for the stablecoin, making it more accessible to users in the Vietnamese market.

**Keywords**

Coin On, P2P platform, TUSD, Vietnamese market, stablecoin, TrueUSD, buy, sell, Crypto trading.

This article and pictures are from the Internet and do not represent Fpips's position. If you infringe, please contact us to delete:https://www.fpips.com/17570/

It is strongly recommended that you study, review, analyze and verify the content independently, use the relevant data and content carefully, and bear all risks arising therefrom.

Like (0)
Previous 04/20/2023 08:22
Next 04/20/2023 08:35

Recommended articles