Topic: Best stable coin when selling crypto? - page 6. (Read 913 times)
Both Stable coins are okay to use, its a matter of who do you prefer to use or where you are comfortable with since they are both stable coin, there will be no problem, but if you want me to choose on those two ill be in USDT since I have been using it for a long time, there is no issue I have been encounter so, why move to other when there is no problem in my current stable coin that I use.
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 can't find the recent tweet from CZ about paying a $10 fee to send $20... Most of us here is on USDT side, at least we get used to it, but discovering new options, cheaper and faster transactions is a good thing!
People say USDT is available in more places, well you can't miss a lot only with Binance, where you have almost everything! And in last months we see that BNB is being accepted in more and more places!
Bottom line is that both are good, and both have the same purpose... but I will give BUSD an advantage here, I saved a lot of money just on fees in the last few months, it's got to mean something!
If you are using a local exchange then use FIAT pair if that is available. If not then I would say USDT is a much better option as it is traded on more exchanges than BUSD. BUSD is a Binance stable coin and it mostly being traded on Binance. With USDT you can easily transfer it to any other exchanges or a local exchange in your country.
Thanks for your answer.
Yeah, I mostly use USDT these days. I like it. But I also hear that USDT isn´t as safe as BUSD? Can´t remember where I read it.
It's just a feeling that is not true, and maybe those who say they never use USDT and only use BUSD, you need to know that both are safe to use, and USDT is mostly supported through the platform along with several large exchanges. Yeah, I mostly use USDT these days. I like it. But I also hear that USDT isn´t as safe as BUSD? Can´t remember where I read it.
USDT For sure, It's available on every exchange and the other payment gateway today. You can easily transfering it to your bank accounts on some Crypto exchange like Binance, Bitfinex, Kraken. BUSD was good too since it's backed by Binance but it's very limited for now, Not all exchange have this pair.
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 and BUSD are both good, but they have a difference in price when converted to other countries' currencies. I think you just need to choose a higher rate, I usually choose USDT 
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 usually choose USDT. It is much popular rather than BUSD. USDT is available on almost all the exchanges and it is needed whenever the market goes down, you can convert your funds as quick as you want. BUSD is not available in all the exchanges. So, USDT is more preferable than BUSD and both are 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.
Usdt is more popular and available on erc20 and trc20 both platforms. It is also the only stable coin traded on almost all big and even small exchanges. BUSD is available only on Binance chain and is less popular.
Thanks for your answer.
Yeah, I mostly use USDT these days. I like it. But I also hear that USDT isn´t as safe as BUSD? Can´t remember where I read it.
Heard of some synthetic stable coin projects, dont remember the names right now. One basically worked like an etf or fund. The concept is a basket of tokens (btc / eth / sushi / tron / usd/jpy / whatever coin) they automatically re-balance daily to create a synthetic stable coin.......it was on the eth network so that is one possible point of failure....
Interested in synthetic and stable coin projects. jpy usd eur stable coin offerings would be very well subscribed.....
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 more popular and available on erc20 and trc20 both platforms. It is also the only stable coin traded on almost all big and even small exchanges. BUSD is available only on Binance chain and is less popular.
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.
Jump to: