What are the reasons behind Binance's restriction on buying USDT in pieces?

3 answers

• Dec 17, 2021 · 3 years ago
  Binance has restricted the purchase of USDT in smaller amounts due to regulatory compliance. As a leading cryptocurrency exchange, Binance must adhere to strict regulations and ensure that its operations are in line with anti-money laundering (AML) and know your customer (KYC) requirements. By implementing restrictions on buying USDT in pieces, Binance aims to prevent potential misuse of the cryptocurrency for illegal activities.
  433217
• Dec 17, 2021 · 3 years ago
  The restriction on buying USDT in pieces on Binance is also aimed at maintaining market stability. By limiting the purchase of USDT in smaller amounts, Binance can prevent potential market manipulation and ensure a fair trading environment for all users. This helps to protect the integrity of the cryptocurrency market and maintain investor confidence.
  353118
• Dec 17, 2021 · 3 years ago
  As a third-party observer, it is important to note that Binance's decision to restrict the purchase of USDT in smaller amounts may be influenced by various factors. These factors could include regulatory requirements, risk management considerations, and the need to prevent potential market manipulation. It is always advisable to follow the guidelines and restrictions set by the exchange to ensure compliance and a smooth trading experience.
  443111