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Topic: Help a newbie choose a better stable coin - page 8. (Read 878 times)

legendary
Activity: 2282
Merit: 2196
Signature Space For Rent
Both are centralized, why not DAI? As far as I know, DAI is a truly decentralized stable coin. USDT is a controversial cryptocurrency and BUSD is Binance stable coin. They could freeze/block your funds for any reason. For DAI it wouldn't happen. Some stable coins would freeze even on your own wallet, you may read this thread Most Stablecoins Can Be Frozen, Even in Your Own Wallets.

By the way, don't hold your fund to a centralized exchange or wallet. Use non-custodial wallet software or hardware wallet. Otherwise, exchange would make trouble themselves at any time.
hero member
Activity: 952
Merit: 555
I'm looking forward to store some stable coin for future investment, maybe probably when a harder bearish market takes place to buy coins for lesser price but I can't seem to figure with stable coin can make me have a good night sleep at night with zero worries, USDT? BUSD?

Why stable coin for a start, it is advisable to start your crypto investment with bitcoin first
member
Activity: 110
Merit: 11
I'm looking forward to store some stable coin for future investment, maybe probably when a harder bearish market takes place to buy coins for lesser price but I can't seem to figure with stable coin can make me have a good night sleep at night with zero worries, USDT? BUSD?
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