{"id":5438,"date":"2020-08-15T22:08:25","date_gmt":"2020-08-15T15:08:25","guid":{"rendered":"https:\/\/news.bitcoinvn.io\/?p=5438"},"modified":"2020-08-15T22:08:25","modified_gmt":"2020-08-15T15:08:25","slug":"bitcoinvn-lists-usdt-slp","status":"publish","type":"post","link":"https:\/\/bitcoinvn.io\/news\/bitcoinvn-lists-usdt-slp\/","title":{"rendered":"Buy and sell USDT on SLP in Vietnam – BitcoinVN lists USDT-SLP"},"content":{"rendered":"

After the most recent listing of USDT given its strong <\/span>increase in usage\u00a0 in the Asian Cryptocurrency markets<\/span><\/a> especially over the past year<\/span><\/a>, BitcoinVN is from now on also providing the possibility to buy and sell USDT via the <\/span>Simple Ledger Protocol<\/span><\/a> (SLP).<\/span><\/p>\n

<\/p>\n

The current boom in \u201cDeFi\u201d usage has driven up transaction costs on the Ethereum Blockchain significantly in recent weeks, so that cheaper alternatives and more reliable transfer mechanisms for USDT as the most high-volume Digital Asset are of high priority in order to fulfill the needs of the market.<\/span><\/p>\n

\"Buy<\/p>\n

\u201cWe chose to utilize the Simple Ledger Protocol on Bitcoin Cash because it offers a fast, cheap and reliable way of transacting with the most successful stablecoin on the market, technically beating other solutions by far..\u201d<\/span><\/i> said <\/span>Alex Winter<\/span><\/a>, CTO of BitcoinVN.<\/span><\/p>\n

\u201cSince Counterparty risk with 3rd party-backed Digital Assets such as Tether is always the major attack angle, the underlying security of the Blockchain is of secondary importance. For the nature of what USDT aims to provide to its users, fast, cheap & reliable transfers are of utmost importance – while none of our clients is utilizing USDT as long-term savings vehicle.<\/span><\/i><\/p>\n

We are observing other solutions such as the <\/span><\/i>Liquid Sidechain<\/span><\/i><\/a> or <\/span><\/i>RGB layer<\/span><\/i><\/a>; but the former is more directed towards B2B transfers while RGB still needs more time to get ready for the market.\u201d<\/span><\/i> said <\/span>Bao Phuong Nguyen<\/span><\/a>, who is also heading the <\/span>OTC trade desk of BitcoinVN<\/span><\/a>.<\/span><\/p>\n

The rollout includes at this stage support as well for the <\/span>BitcoinVN Online Brokerage<\/span><\/a> as well as for the <\/span>OTC desk for individual private clients<\/span><\/a>.<\/span><\/p>\n

BitcoinVN allows its clients to buy and sell Cryptocurrency via all Vietnamese Banks and various other funding and withdrawal methods.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

After the most recent listing of USDT given its strong increase in usage\u00a0 in the Asian Cryptocurrency markets especially over the past year, BitcoinVN is from now on also providing the possibility to buy and sell USDT via the Simple Ledger Protocol (SLP).<\/p>\n","protected":false},"author":11,"featured_media":5439,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[21],"tags":[],"class_list":["post-5438","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-topic-guide"],"yoast_head":"\nBuy and sell USDT on SLP in Vietnam - BitcoinVN lists USDT-SLP - BitcoinVN News<\/title>\n<meta name=\"description\" content=\"BitcoinVN is from now on also providing the possibility to buy and sell USDT via the Simple Ledger Protocol (SLP).\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/bitcoinvn.io\/news\/bitcoinvn-lists-usdt-slp\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Buy and sell USDT on SLP in Vietnam - 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