Topic: Best stable coin when selling crypto? - page 5. (Read 913 times)
Current high gas costs are one of the reasons for me personally choosing stable coins in making withdrawals to exchanges that do support my country's currency, when gas costs are relatively cheap I prefer eth but now we all know that gas costs are very expensive and of course to save on withdrawal costs we must be smart in choosing altcoins that have quite cheap fees on the exchange and although it takes a little longer for transactions, usdt and tron trc20 can be a very cheap fee solution in my opinion.
For me it's always usdt. But when eth fees started to rise usdt transaction was nit cheap. But then usdt cane on tron chain. And after that it's cheap and popular almost available on every exchange. So I pick it. Though busd is also good. I used it many times. But from the early days I am using usdt. And I never faced anynkind of problem regarding it so still using it.
I usually used USDT. As most of the people said here, it’s available in ERC20 and TRC20. It’s already become a standard of most exchange market. Some exchange also used USDT BEP20, and currently this type of USDT token offers the cheapest fee for a transaction, $0.1.
If you used more than 1 exchange, make sure both of them accept the same type of USDT.
For example, I used Binance and Coinex. Both of them accept USDT BEP20.
Meanwhile my local exchange only accept USDT ERC20 and TRC20.
If you used more than 1 exchange, make sure both of them accept the same type of USDT.
For example, I used Binance and Coinex. Both of them accept USDT BEP20.
Meanwhile my local exchange only accept USDT ERC20 and TRC20.
Both USDT and BUSD are good stable coins and very useful in trading but I'm not using Stable coins to transfer. I usually use XRP to transfer my funds into my local wallet and then transfer it to my bank. XRP is the lowest transaction fee than these stable coins.
USDT or BUSD? I never really sold and withdrew any crypto before. Just wondering what most people do on here when selling and tranfering to their bank accounts.
If you are a client of Binance, then BUSD will be the best choice among stablecoins for you. This stablecoin will allow you to participate in various incentive programs, such as launchpad and launchpool for farming new coins, which will allow you to earn passive income. In addition, only BUSD from stablecoins is used in the Binance Smart Chain network.
Well, for me this is a difficult one, because both have their pros and cons. But if I have to choose between the two I would go for BUSD. Why? Because Binance is too big to fail. If they want to stay the 'biggest' they have to keep that good reputation. And a lot of their success (BNB, BSC, CZ) depends on it. So if there's any FUD, you can assume that they'll try to back it up with statements and audits as much possible. Tether is much more shady in their doings and lacks transparency. And if you don't trust both, you can always go for USDC. It has some good availability.
USDT is most usefull stable coin on the market and 90% people use USDT for fund Transfer and for other reason. So i think always you can use USDT coin it is very popular and usefull stable coin.
USDT or BUSD? I never really sold and withdrew any crypto before. Just wondering what most people do on here when selling and tranfering to their bank accounts.
I will not trust holding USDT for a long period of time, usually what i do is if i book my profit in some of the alts i am holding and if i am planning to switch over to another coin in a short period of time then i might use USDT because of the huge volume in an exchange but if i am holding the coin for a longer period then i will look for another stable coin and BUSD is not bad since it is from Binance and i usually store in Euro.
i use usdt and i think usdt is also the most prefer by the masses but not all times i convert my crypto to a stable coin before withdrawing them because that will only tax me some fees but if your not planning to withdraw and use the money imediately it was always a good strategy to use a stable coin to preserve something from your efforts than all those efforts will go to waste because of the unexpected dip . on the other hand i think there is no real harm of using a different variant of stable coin because both of them serve the same purpose
USDT or BUSD? I never really sold and withdrew any crypto before. Just wondering what most people do on here when selling and tranfering to their bank accounts.
Usdt knows if it is the most stable coin and many people use it and buy it because it is one of the most important coin of traders and even altcoins holders because it has great benefits because when others sell their altcoins they swap this in usdt because the price is stable even if the price of bitcoin falls the price of usdt will not fall. 
More stable coins are created and available. More amount of stable coins have been minting. The top 4 biggest stable coins are: Tether USD (USDT), USD Coin (USDC), Binance USD (BUSD) and Dai (DAI). BUSD and DAI have good growths and with Binance behind, DeFi behind, I believe they will be more accepted.
If you are interesting in stable coins, CryptoRank.io has a page for you, Stablecoin Token Watchlist
Source: https://twitter.com/CryptoRank_io/status/1370371999235768324
If you are interesting in stable coins, CryptoRank.io has a page for you, Stablecoin Token Watchlist
Quote
The total outstanding supply of stablecoin has surged past $50 billion, according to data compiled by http://CryptoRank.io
Source: https://twitter.com/CryptoRank_io/status/1370371999235768324
USDT or BUSD? I never really sold and withdrew any crypto before. Just wondering what most people do on here when selling and tranfering to their bank accounts.
It is not necessary because I can directly liquidate any cryptocurrency into the fiat money of the country I live in. But if I use stable in transactions, I use a lot of BUSD on binance to save more waste, although it is not worth much, but it forms a habit for me. 
USDT or BUSD? I never really sold and withdrew any crypto before. Just wondering what most people do on here when selling and tranfering to their bank accounts.
USDT is the right choice, because in my opinion USDT is stable coin with the highest volume at this time, so of course USDT is very safe to use and very easy to sell or buy (trading), therefore I advise you to use USDT as a stable coin, then besides that almost all exchange provide pairing using USDT, so that will make it easier for you to transfer USDT on any exchange for trading.
Both are good, but I usually use USDT for any transactions. I prefer to use USDT than BUSD because I like pair USDT when I buy coins. You can use what you like, it all depends on your transactions mate.
USDT or BUSD? I never really sold and withdrew any crypto before. Just wondering what most people do on here when selling and tranfering to their bank accounts.
USDT is the biggest stable coin and it is the most popular stable coin for trading pairs on many exchanges. USDT has biggest trading volume and you will be most easily to sell your crypto to USDT.Other stable coins have smaller volume and you might face with bigger spread of price when you sell your crypto. If you want to choose alternatives for USDT, you can considert DAI, not only BUSD. DAI is very common on DeFi platforms.
top 10 stablecoins
[GUIDE] Stablecoin Economy
well, both are coins that are still frequently used today. Personally, I still use USDT for stable coins. however, I don't use BUSD because I've used USDT from the start, so I think I'm comfortable using it. use the one that you think is easy to use.
There are ways to send USDT without fees and USDT is listed on any exchange. I will choose it
It seems that for now there is no longer any way to send USDT at no cost, even through the TRC20 wallet, even though it is a small fee, there used to be an ftx exchange that could send USDT via the TRC20 platform without being charged at all, but for now it is no longer possible. 
I would say you should stick to USDT, its mkre popular and avaliable almost all exchanges. While BUSD still at the ground phase of availability on different exchanges as its only available on binance.
There are ways to send USDT without fees and USDT is listed on any exchange. I will choose it
USDT or BUSD? I never really sold and withdrew any crypto before. Just wondering what most people do on here when selling and tranfering to their bank accounts.
It also depends on what floor you are on. If using binance, you should prioritize BUSD because it will save your transaction costs, but to me, USDT or BUSD are not too important because both are big stablecoins of the market, so the problem of liquidity is good. The availability will be guaranteed to the user. Jump to: