Introduction

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 renowned peer-to-peer (P2P) platform, announced on April 20th, that eligible users can now purchase and sell TUSD using Vietnamese Dong on its platform. This new feature is significant because it makes buying and selling TUSD more accessible and convenient for Vietnamese users.
# What is TUSD?
Before discussing this new feature on the Coin On P2P platform, it is essential to understand what TUSD is. TUSD is a cryptocurrency known as “TrueUSD,” which is a stablecoin created to provide a reliable and transparent alternative for fiat currencies. TUSD’s value is tied to that of the US dollar and backed by collateral assets, making it less prone to severe price fluctuations like other cryptocurrencies.
# The Coin On P2P Platform
Coin On is a P2P platform that specializes in cryptocurrency trading. It is available in several countries and supports various cryptocurrencies like Bitcoin, Ethereum, and Litecoin. The platform provides users with a safe and secure environment for buying and selling cryptocurrencies.
# TUSD Support for Vietnamese Users
Coin On’s new feature supporting TUSD is great news for Vietnamese users as it makes buying and selling TUSD easier for them. Vietnamese users can purchase TUSD using Vietnamese Dong directly.
This feature enhances the accessibility of TUSD, which is essential for its growth and adoption. By making TUSD more accessible, Coin On has provided users with a better way of using TUSD for transactions.
# How to Use Coin On to Buy and Sell TUSD in Vietnamese Dong
For users to buy and sell TUSD using Vietnamese Dong on Coin On, they need to follow some simple steps. Firstly, they need to register an account on the platform, verify it and deposit Vietnamese Dong into their account.
Once they have deposited Vietnamese Dong into their account, they can begin to buy TUSD. They will have to locate the TUSD trading pair using the Coin On trading interface and enter the amount of Vietnamese Dong they want to spend on TUSD.
After the trade has been executed, they can hold TUSD in their Coin On wallet or withdraw it to a different wallet that supports TUSD.
# Benefits of Using TUSD
TUSD provides several benefits for Vietnamese users. As a stablecoin, TUSD is less volatile and maintains a stable value compared to other cryptocurrencies. This feature is essential for users who do not want to worry about price fluctuations when making transactions.
Additionally, TUSD provides transparency and security, ensuring that users’ transactions are secure and free from fraudulent activities.
# Conclusion
Coin On’s new feature supporting TUSD is a significant development in the cryptocurrency space for Vietnamese users. It provides them with a more accessible and convenient way of buying and selling TUSD using Vietnamese Dong. TUSD is an essential cryptocurrency that provides transparency, security, and a stable value, making it an excellent option for users who want to avoid price fluctuations when making transactions.
# FAQs
1. What is TUSD, and why is it essential for Vietnamese users?
TrueUSD (TUSD) is a stablecoin created to provide a reliable and transparent alternative to fiat currencies. It is essential for Vietnamese users because it is less volatile and maintains a stable value compared to other cryptocurrencies.
2. What is Coin On, and how does it work?
Coin On is a peer-to-peer platform that specializes in cryptocurrency trading. It provides users with a safe and secure environment for buying and selling cryptocurrencies.
3. How can Vietnamese users buy and sell TUSD using Vietnamese Dong on Coin On?
To buy and sell TUSD using Vietnamese Dong on Coin On, users need to register an account, verify it, and deposit Vietnamese Dong into their account. They can then buy TUSD using the Vietnamese Dong deposited in their account by locating the TUSD trading pair on the Coin On trading interface.