Topic: Is USDT Tether safe? - page 3. (Read 23520 times)
In my opinion USDT is still safe to use as an exchange in the market to store our assets there, especially with such a large supply and volume of course the turnover of this token is very large so it will be difficult for this token to go bankrupt even though there are many news that the audit of USDT is not valid but for me Still safe.
legendary
Activity: 2884
Merit: 1115
Leading Crypto Sports Betting & Casino Platform
Tether is dominating among the Stable coins from the beginning. But personally, I don't like tether cause it is fully centralized and does not regulate by any trusted authority.
The unlimited supply is another big problem. its supply is not fixed, the owner can issue new tokens when he wants without any kind of accountability.
It can be used in exchange to stay safe from the sudden market dumps, but I don't prefer to hold this coin for the long term.
The unlimited supply is another big problem. its supply is not fixed, the owner can issue new tokens when he wants without any kind of accountability.
It can be used in exchange to stay safe from the sudden market dumps, but I don't prefer to hold this coin for the long term.
Stable coins have been used the most I have seen. Currently BUSD is widely used. However the most used is Usdt. Sec by USDT faced some obstacles. But later it became a problem. Since then the USDT has been safe. And low fee also.
The concept of security in general, how to put it - is relative. Is USDT safe? Some say yes, while others disagree. The same can be said about the USD, and what it is backed by, it is also printed, but not backed up by its real value. Basically, it's just paper. And how to be?
USDT is safe. in addition to a temporary asset storage system, it can also be USDT for the beginning of our assets before exchanging them for other coins. because many exchanges now support exchange with USDT. I'm a USDT user and so far it's safe and haven't had any problems.
USDT is a stable coin.I think it is safe and It's safe to holding.They(USDT) audited their bank account and confirmed of availability of founds these bank account. Many people choose to use stable like Tether USDT. It's on of the Top five coin in market cap and volume.
I think it is very safe, all market have USDT pair on it, and most of us changed it to USDT when bad market happend, so USDT will be available long last and still safe alternative to keep your fund. Despite the fact that USDT is a stablecoin, it is one of the top five in the marketcap, with volume being maintained and will continue to rise as the crypto market caps, thats what i thought.
There is no such thing as a USDT rickshaw. If you hold on to other coins, you will see a good return. The USDT is a stable coin that holds the most funds in the USDT only during bad market conditions and up-down to all traders.
USDT A stable coin. If you want to avoid Risk, you can sell all your Bitcoin Ethereum or any other and use it.The USDT will never destroy the market or shrink. The meaning that you will have will show for the rest of your life. If you are unique in what you think is Risk, you will keep all your coins converted to USDT.
Yes supported! USDT is a stable coin and there is no risk involved in holding USDT. I can possibly say USDT is just like a bank in crypto which keeps our asset safe from inflation or deflation so really no risk involved, bitcoin and altcoins are the coins with high risk and reward. So for anyone who has made enough profits in bitcoin or any other crypto and is afraid of loosing the profit made can possibly swap or exchange the coin to USDT and stay safe.
USDT Tether is a popular stable coin, much more secure as a unique coin. Compared with others stable coin, USDT tether withdraw fees less and easy to withdraw. I frequently converted all my cryptocurrency exchange dollar into USDT tether.
Save USDT only when bitcoin down
I think it's the opposite.You save USDT when the price of bitcoin is high and you're taking profits from your bitcoin holdings through USDT. And while you keep your profits in USDT.
You do the action of buying again when the price of bitcoin goes down.
Today, the tether continues to print 250 million tether, raising the tether's market capitalization to more than $ 2.7 billion to reach the top 10 coinmarketcap. People say that every time a tether is printed, the bitcoin price increases because the tether pumped USDT onto the floor to push the bitcoin price. What do you think about this and keep the USDT safe?
USDT is the best stable altcoin I've used in my time in cryptocurrencies. because of Usdt I can keep the assets I have without having to be afraid of losing assets. So experience has proven to me that USDT is very safe. and hopefully usdt will be like this forever. thus increasing user confidence.
I think Tether is somehow connected with FRS and the big guys who print money as well, hehe 
They have a right to print USDT but surely they do it only in those amounts that are allowed at the moment.
They have a right to print USDT but surely they do it only in those amounts that are allowed at the moment.
No private token, let alone a centralized stablecoin, can be completely secure. Firstly, there are questions about how exactly USDT is provided with fiat. Secondly, since Tether is a private company, it may and has already had problems with US government agencies, with the Attorney General of New York State. Thirdly, USDT addresses can be frozen at the request of government agencies, so your coins do not completely belong to you in the case of USDT.
Those things that you needed to consider when trading your crypto to this stable coin.
so far tether still exist and there are traders who use this to advantage of price actions inside the exchange but most of them are experienced traders who understnad the risk, you have to deal with good research and allow yourself to understand the risk.
No private token, let alone a centralized stablecoin, can be completely secure. Firstly, there are questions about how exactly USDT is provided with fiat. Secondly, since Tether is a private company, it may and has already had problems with US government agencies, with the Attorney General of New York State. Thirdly, USDT addresses can be frozen at the request of government agencies, so your coins do not completely belong to you in the case of USDT.
Today, the tether continues to print 250 million tether, raising the tether's market capitalization to more than $ 2.7 billion to reach the top 10 coinmarketcap. People say that every time a tether is printed, the bitcoin price increases because the tether pumped USDT onto the floor to push the bitcoin price. What do you think about this and keep the USDT safe?
USDT is the best stable altcoin I've used in my time in cryptocurrencies. because of Usdt I can keep the assets I have without having to be afraid of losing assets. So experience has proven to me that USDT is very safe. and hopefully usdt will be like this forever. thus increasing user confidence.
USDT is a stable coin. It is very safe to hold. Infact, if you trade then you can convert your coins or tokens to USDT to avoid losses in a bearish market period. With this you'd have saved yourself from losses.
For now it may be true that USDT is a stable coin to hold, but how about next year, will it be the same and not risky, it is necessary to do an in-depth study if we want USDT as a future investment.
Because generally everyone wants to save themselves from big risks in investing, no one even wants that risk to come at an inopportune time, therefore I want to convey that the current USDT condition is not necessarily the same in the following years.
So far, tether is still safe but there is no guarantee in the future but for sure "if" tether ends up a scam, of course there will be chaos in crypto
It's just talking "if" but in reality it's been safe so far
It's just talking "if" but in reality it's been safe so far
Tether is completely centralized and regulated by ordinary people.
It is not regulated by govt. and backed by nothing. I didn't see any trustworthy people are their brand ambassadors. I think it has no actual value and supply is not limited, they can print more usdt anytime when they have needed. I would prefer BUSD or USDC over usdt cause they are audited and regulated by the New York State Department of Financial Services.
So far, tether is still safe but there is no guarantee in the future but for sure "if" tether ends up a scam, of course there will be chaos in crypto
It's just talking "if" but in reality it's been safe so far
It's just talking "if" but in reality it's been safe so far
In terms of technology USDT is completely secure — it's a centralized token developed on the decentralized Ethereum blockchain that's meant to be backed by 1 US dollar stored on Tether Ltd's balance sheet in the form of cash in bank accounts and government bonds.
In other words, the Tether USDT is pegged to the US dollar, unlike other ordinary crypto coins. This stablecoin is thus safe from price fluctuations than competing cryptos such as bitcoin and Ethereum.
In other words, the Tether USDT is pegged to the US dollar, unlike other ordinary crypto coins. This stablecoin is thus safe from price fluctuations than competing cryptos such as bitcoin and Ethereum.
Jump to: