UNI/USDT: Trade UNI to USDT
UNI to USDT pair (or UNI/USDT) shows the price of UNI (Uniswap) quoted against USDT (Tether). It specifies how many USDT tokens are needed to purchase 1 UNI. Monitor UNI price dynamics on the chart to determine prices to open and close positions.
What is UNI to USDT trading?
The main purpose of trading UNI against Tether is to earn on the changes in UNI price. There are two ways of UNI to USDT trading: to buy and then sell UNI on CEX.IO spot platform, or to trade on the market movements with CEX.IO Broker derivative platform.
How do I trade UNI/USDT pair on CEX.IO Broker?
CEX.IO Broker is a cryptocurrency platform for margin trading based on derivatives, Contracts for Difference (CFDs). Trading CFDs implies opening long or short positions, depending on whether you think that the asset’s price will go up or down. If you correctly anticipate the asset price movements with your positions, they become profitable.
What leverage can I use for UNI/USDT trading?
Using CEX.IO Broker it is possible to trade with leverage from 2x to 100x. Moreover, you can open several trading accounts with different leverage. So you can execute different trading strategies with different risk/reward profiles.
Do I need to have UNI or Tether for UNI/USDT pair trading on CEX.IO Broker?
For UNI/USDT trading on CEX.IO Broker, you neither need to own UNI nor Tether. You can fund your CEX.IO Broker trading account (or accounts) with BTC, ETH, and USDT as an account currency, and perform trading operations in any pair available on the platform.
Why trade UNI/USDT on CEX.IO Broker?
Since CEX.IO Broker provides cryptocurrency trading with derivative instruments, it allows you to make money both when the UNI price rises and when it falls. Consequently, there is literally always an opportunity to make gains with СEX.IO Broker. More benefits of trading on CEX.IO Broker platform are outlined HERE
CEX.IO Broker: competent support right at your fingertips
Traders ourselves, we know the importance of having the swift technical support. We also understand how tedious it is to search for a support contact and wait for a reply. That’s why on CEX.IO Broker you can get support without leaving the site and the trading terminal.
Whether you have a question, need to resolve an issue, or share your feedback - just press the chat button in the lower right of the site and get the information you need or get in touch with the team. With CEX.IO Broker, you get the uninterrupted trading process with the most competent support in your corner.