<p>There are USDT markets in binance. If you are unaware, USDT is backed by USD and binance can use their own market's USDT value.</p>

CC BY-SA 4.0
2018-05-30T10:22:21.763Z
2018-05-30T10:22:21.763Z
Shabahat M. Ayubi
<p>I'm talking about this: <a href="https://i.sstatic.net/p2RzI.png" rel="nofollow noreferrer">https://i.sstatic.net/p2RzI.png</a>
How is it calculated?</p>

CC BY-SA 4.0
2018-05-26T11:06:15.200Z
Maybe it uses composite score of other exchanges specially if it never trades a crypto to dollar or vice versa?
marshal craft
<exchange-rate>
How is the USD price on Binance calculated since there is no USD involved in the whole exchange?
user83626
# How is the USD price on Binance calculated since there is no USD involved in the whole exchange?

(Asked by: username_0 on 2018-05-26)

I'm talking about this: <https://i.sstatic.net/p2RzI.png>
How is it calculated?

**Tags:** exchange-rate

> **Comments:**
> **username_1**: Maybe it uses composite score of other exchanges specially if it never trades a crypto to dollar or vice versa?  

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## 1 answers

### Answer by username_2 on 2018-05-30. Score: 1

There are USDT markets in binance. If you are unaware, USDT is backed by USD and binance can use their own market's USDT value.


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