Topic: Is there any benefit to buying altcoins with tether over bnb? - page 2. (Read 263 times)
Most of the pairs really have stable coins. Tether is centralized and that will be the biggest reason why some are worried about it. If it's not a big amount, it's totally fine. But if you're the type of investor that buys a lot of it and stores it for so long, you better choose another stable coin such as DAI. For the other centralized stable coins, I'm seeing that USDC is gaining the traction. Since BNB is cheap, there's also some other protocols that makes Tether transaction too cheap like in the TRC20.
Hi guys, this may be an obvious answer, but when I buy altcoins on metamask I go to coinbase btc then buy bnb and at binance.us and send it to trust wallet to convert it to smartchain black bnb and then to the metamask. I was just told you can buy most coins with tether, which would save a step if I can just buy tether on coinbase... is there any reason NOT to use tether and streamline the process? does any find you can't buy some coins with tether? thank you
when you are using stable coin and this will keep the value of your capital. that's quite different when you are using bnb or another altcoin which was volatile.the only reason is if it is tether ethereum and you need a lot of monet to pay yhe fees but to be honest im regularly using tether bsc chain and busd rather than bnb to buy altcoins from pancake. my readon is it can keep my valur and it will not be affected especially during the bearish market like this time. i thought that if you must alao understand about that. you may think busd as alternative as all of bnb assets are also accepting busd like bnb. some tokens may not create pair with usdt bep 20
Hi guys, this may be an obvious answer, but when I buy altcoins on metamask I go to coinbase btc then buy bnb and at binance.us and send it to trust wallet to convert it to smartchain black bnb and then to the metamask. I was just told you can buy most coins with tether, which would save a step if I can just buy tether on coinbase... is there any reason NOT to use tether and streamline the process? does any find you can't buy some coins with tether? thank you
Actually even you buy using tether you still need to used gas fee when using metamask. Its probably the best one actually to use but depends also on the tokens you want to buy there since token could be pair with usdt oe anu coins and depend on chain. Usually mainnet like eth and bnb, if you trade via main pair then only one fee but if not you could pay twice even executing one transaction on direct swap.
Hi guys, this may be an obvious answer, but when I buy altcoins on metamask I go to coinbase btc then buy bnb and at binance.us and send it to trust wallet to convert it to smartchain black bnb and then to the metamask. I was just told you can buy most coins with tether, which would save a step if I can just buy tether on coinbase... is there any reason NOT to use tether and streamline the process? does any find you can't buy some coins with tether? thank you
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