
The fast growing cryptocurrency exchange, KuCoin has added USDT pairs for Litecoin, Ethereum Classic, TEL and OCN. USDT stands for US Dollar Tether. Tether is 1 to 1 with USD and since it is an Alt coin you do not have to pay capital gains yet since technically you did not trade an asset into US currency. Having a USDT pair allows the user to keep everything in terms of United States dollars. Some do not like keeping their trading capital in Bitcoin. They do not see trading against BTC as the goal and think that think that since everything in real life is fully tied up to the fiat system, it is better to trade against USDT.




