Does TCEX Exchange only trade in Vietnamese Dong (VND) and not USDT?
TCEX focuses on direct transactions in Vietnamese Dong (VND) to ensure compliance with Vietnamese laws and regulations, while helping investors mitigate exchange rate risks associated with intermediary currencies. You can directly buy and sell crypto assets in the local currency, benefiting from transparent transactions and easily manageable costs.
Key Features of TCEX Trading:
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Deposits & Assets: Transfer VND from your bank account to your secure TCEX wallet—or deposit crypto assets into your TCEX wallet—in just seconds.
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Analysis & Order Placement: Monitor price fluctuations through our smart charting system and place buy/sell orders tailored to your strategy.
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Portfolio Optimization: Track order statuses and manage all your assets seamlessly from a single interface.
Vietnam crypto exchange TCEX Compliant Exchange Support Mechanism for VND vs. USDT:
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Fiat Settlement & Compliance Requirements (Mandatory VND Linkage): In accordance with foreign exchange regulations set by the State Bank of Vietnam (SBV) and anti-dedollarization/anti-desovereignization policies, all compliant transactions registered and processed (deposits/withdrawals) within Vietnam must strictly use Vietnamese Dong (VND) as the sole legal currency for pricing and settlement.
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Status of USDT and Offshore Stablecoins: USDT is classified as an offshore stablecoin that is neither officially licensed nor issued in Vietnam. Compliant pilot platforms like TCEX prioritize and strictly mandate VND settlement across direct local fiat on/off-ramps and core compliant trading pairs.
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Trading Pair Architecture Differences:
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Fiat Trading / Asset Deposits & Withdrawals: Exclusively supports VND (processed via local banking systems or custodian banks).
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Crypto-to-Crypto Trading: If the platform is authorized under a regulatory sandbox framework to enable trading for crypto or tokenized assets, internal digital asset matching may be available. However, for fiat linkage, regulatory auditing, and tax reporting, all valuations are converted and calculated strictly in VND.
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