Unified USD Orderbook FAQ

Published on Jul 4, 2025Updated on Jul 30, 20253 min read4

The Unified USD Orderbook is a feature that allows users in certain jurisdictions to trade USD pairs using USD, USDC, or other selected stablecoins pegged 1:1 with USD. It combines the liquidity of USD-based assets into a single orderbook for a seamless trading experience.

FAQ

1. What stablecoins are supported?

Currently, in addition to fiat USD, the Unified USD Orderbook supports:

  • USDC

  • USDG

Additional stablecoins pegged 1:1 to USD may be added in the future.

2. How do I select the asset for trading?

When placing an order, you can choose your preferred fiat or stablecoin for:

  • “Trade with”: Specify the fiat/stablecoin to use for trading.

  • “Receive with”: Specify the fiat/stablecoin to receive upon completing the trade.

3. What happens if I use a different asset than my counterparty?

The Unified USD Orderbook automatically handles the conversion internally, ensuring seamless transactions between fiat-stablecoin(s) or different stablecoins without any manual adjustments.

4. Why are all trading pairs displayed as XXX-USD?

For simplicity and clarity, all trading pairs in the Unified USD orderbook are displayed as XXX-USD. This unified representation eliminates confusion about which stablecoin is being used while keeping the focus on the trading asset.

5. Are there any additional fees for using a specific stablecoin?

No additional fees are applied based on your choice of stablecoin. Standard trading fees apply, as determined by your trading fee tier.

6. Can I withdraw my balance on a specific stablecoin?

Yes, you can withdraw your balance in your preferred stablecoin (USD, USDC, or others as and when applicable) as per usual platform withdrawal options.

7. How can I get started with the Unified USD and USDC Orderbook?

Below is how you can kickstart your trade with Unified USD & USDC Orderbook:

  1. Log in to your account on the platform

  2. Go to the trading section

  3. Select a USD trading pair (for example, BTC-USD)

  4. Choose your preferred stablecoin for “Trade with” and “Receive with” options

  5. Place your trade

If you're trading via web, the feature is available immediately. If you're trading via app, please make sure it's updated to version 6.128.0 or above to access the unified USD orderbook.

8. Will there be any delays in withdrawal?

Most withdrawals are processed promptly, but delays can occasionally occur due to standard security reviews or external processing factors.

  • Security Holds: Withdrawals may be subject to temporary holds (up to 10 calendar days) as part of routine platform safeguards in certain markets.

  • Conversion Delays: If your withdrawal involves stablecoin redemption or fiat conversion, processing may depend on stablecoin partners and their processing conditions and timelines.

We’re committed to processing your withdrawal as quickly as possible and appreciate your patience. For any concerns, please reach out to our support team.

Disclaimer
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