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We will no longer support USDT on Omni Layer

September 19, 2023

We wanted to let you know we will no longer support USDT (Tether) on the Omni Layer network as of Friday 8 September.

This means deposits and withdrawals of USDT via the Omni Layer Network will be disabled and no longer possible. Our decision is due to Tether’s recent announcement that they are discontinuing their support of Omni Layer.

All other features and networks involving USDT are unaffected and remain available on Cryptology. This includes but is not limited to:

  • Deposits and withdrawals via Ethereum, Solana, Polygon, Tron and Binance Smart Chain.  
  • Various trading pairs with USDT.
  • Multiple Futures instruments with USDT.

With these changes in mind, we recommend that all of our customers manage their portfolios accordingly. We understand that these changes may impact your trading and investment strategy, and we apologize for any inconvenience.

If you have any questions or require assistance with the transition, please do not hesitate to reach out to our dedicated Support Team.

Risk Disclosure Statement

The information provided in this article is for educational and informational purposes only and should not be construed as financial, tax, or legal advice or recommendation. Dealing with virtual currencies involves significant risks, including the potential loss of your investment. We strongly recommend you obtain independent professional advice before making any financial decisions. The products and services offered by Cryptology may not be suitable for all users and may not be available in certain countries or jurisdictions. The promotional materials do not guarantee any specific outcomes or profits from virtual trading. Past performance is not indicative of future results. It is important to read and understand the risks, which are explained in our Risk Disclosure Statement

Katya V.

Katya is one of Cryptology’s skilled content managers and a writer with a diverse background in content creation, editing, and digital marketing. With experience in several different industries, mostly blockchain and others like deep tech, they have refined their ability to craft compelling narratives and develop SEO strategies.