Pages:
Author

Topic: Best stable coin when selling crypto? - page 6. (Read 941 times)

sr. member
Activity: 1106
Merit: 310
March 13, 2021, 01:28:38 AM
#10
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.
legendary
Activity: 3346
Merit: 1191
March 13, 2021, 01:27:02 AM
#9
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!
hero member
Activity: 2156
Merit: 803
Top Crypto Casino
March 13, 2021, 01:09:52 AM
#8
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.
sr. member
Activity: 2324
Merit: 263
March 12, 2021, 11:55:28 PM
#7
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.
full member
Activity: 1829
Merit: 134
Moderator
March 12, 2021, 10:55:38 PM
#6
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.
hero member
Activity: 2226
Merit: 610
March 12, 2021, 09:51:40 PM
#5
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
copper member
Activity: 700
Merit: 120
Gamdom
March 12, 2021, 09:55:21 PM
#5
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.
newbie
Activity: 32
Merit: 0
March 12, 2021, 09:35:44 PM
#4
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.
newbie
Activity: 27
Merit: 7
February 28, 2021, 01:57:36 AM
#3


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.....
hero member
Activity: 854
Merit: 506
February 27, 2021, 03:18:57 AM
#2
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.
newbie
Activity: 32
Merit: 0
February 24, 2021, 10:23:17 PM
#1
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.
Pages:
Jump to: