What are the potential risks of using TRC20 USDT on Coinbase?

1 answers

• Dec 16, 2021 · 3 years ago
  As a representative of BYDFi, I would like to highlight the potential risks of using TRC20 USDT on Coinbase. While Coinbase is a reputable exchange, there are still risks associated with the use of TRC20 USDT. One risk is the potential for regulatory scrutiny, as stablecoins have attracted the attention of regulators around the world. Another risk is the possibility of technical issues or vulnerabilities in the TRC20 USDT smart contract, which could result in the loss of funds. It is important for users to carefully consider these risks and to conduct their own research before using TRC20 USDT on Coinbase.
  613307