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Topic: Is USDT Tether safe? - page 9. (Read 23491 times)

copper member
Activity: 812
Merit: 12
I ❤ ₿itcoin and Ethereum
April 09, 2021, 05:31:40 PM
in my opinion as long as the volume of USDT is still high and exchange is still using pairing with USDT, then of course I believe USDT is still safe, because there are still many people who believe in using USDT, then I think USDT is the best and popular stablecoin for now, therefore you should not hesitate and be afraid to use USDT at this time.
full member
Activity: 1302
Merit: 100
April 09, 2021, 04:34:59 PM
I think so, the USDT is safe. Recently, they audited their Bank accounts and confirmed the availability of funds in these accounts.
USDT tether is the most important and popular stable coin in the cryptocurrencies market and most of the exchanges and bank account are accepting tether as their transactions systems. So I think USDT tether is the best and safest investment coin in cryptocurrencies market.
full member
Activity: 966
Merit: 100
April 09, 2021, 03:56:47 PM
The coin is not clear, there are always some problems with it, legal proceedings.

But I do not think that it can happen that this coin simply ceases to exist, too much money will be lost in the market.

But still, I would advise you to use-USDC
legendary
Activity: 3122
Merit: 1032
#1 VIP Crypto Casino
April 09, 2021, 06:44:16 AM
Glassnode date shows how 500m USDT were deposited on exchanges just alone for 8 of April.

https://cointelegraph.com/news/bitcoin-exchanges-just-saw-massive-tether-stablecoin-deposits

sr. member
Activity: 817
Merit: 250
April 06, 2021, 08:14:56 AM
yes I agree with you, I also think USDT is one of the many stable coins that are very safe, because in addition to its large volume, USDT is also the first stable coin that appears in the crypto world, so you don't need to hesitate with USDT
indeed he should not hesitate to choose a stable USDT asset. I'm sure everyone also uses it for trading or other functions on the exchange.
but one must consider is to choose the right network before making a transaction because USDT is also available for some blockchain networks.
My advice is to choose USDT TRC20, I am sure it is more friendly for transaction fees than having to choose ERC20.
full member
Activity: 784
Merit: 101
April 06, 2021, 08:08:35 AM
yes I agree with you, I also think USDT is one of the many stable coins that are very safe, because in addition to its large volume, USDT is also the first stable coin that appears in the crypto world, so you don't need to hesitate with USDT
legendary
Activity: 3122
Merit: 1032
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member
Activity: 431
Merit: 11
March 26, 2021, 04:51:36 AM
I think we should not worry about Usdt, because it seems that they are legit and stable coin. There are also many people or traders who use usdt's market in crypto exchanges. And if I am the investor, I rather invest my funds into altcoins rather than stable coins. Usdt is also a top coins in the coinmarketcap. Usdt had a lower fees than other major coins, in terms of withdrawal.
legendary
Activity: 3122
Merit: 1032
#1 VIP Crypto Casino
March 25, 2021, 04:35:12 AM
Now we can trust this stablecoin with $40B marketcap that grew by 10 times in last year

https://cointelegraph.com/news/tether-market-cap-surpasses-40b-growing-10x-over-12-months
full member
Activity: 1470
Merit: 105
👉bit.ly/3QXp3oh |🔥Launchpad on TON
February 04, 2021, 08:43:14 PM
until now, in my opinion USDT is still safe to use and USDT is also one of the most widely used stable coin, besides that I never had a problem from buying or investing in USDT, therefore in my opinion as long as USDT is still widely used by people and is still popular, so I think USDT is still safe to use as a stable coin in cryptocurrency.
member
Activity: 854
Merit: 21
February 04, 2021, 05:54:56 PM
On the off chance that USDT can goodly affect bitcoin, at that point I believe that is something good on the grounds that as I would like to think the majority of the crypto esteem is likewise impacted by the estimation of bitcoin so the higher the estimation of bitcoin, the more coins will have a high worth, despite the fact that all relies upon the actual coin yet we can't disregard the way that bitcoin is a transporter of patterns, so on the off chance that we need to decide to forfeit the estimation of USDT or bitcoin then I will decide to forfeit the estimation of usdt
full member
Activity: 1316
Merit: 105
January 01, 2021, 01:39:12 PM
maybe USDT is safe for trading or withdrawing your money from exchange but it's not safe to hold big amounts of money in USDT. it's a centalized token so your funds may be frozen and also USD is depreciating.
sr. member
Activity: 2352
Merit: 245
January 01, 2021, 01:25:28 PM
I am not a supporter of USDT, but I do admit that USDT is safe. I say so not without reason, because the only stablecoins that I often
use are USDT. And I have never been disappointed with USDT since I first used it in 2017, when I use it to save the profit I get when
trading crypto. And even now I use USDT to save some of the capital I have for trading, because USDT can avoid me from the volatile
crypto market.
Centralized and, moreover, non-state financial assets cannot be safe. What can happen to USDT is what happened to ripple. It was also considered secure with good functional characteristics as a means of payment. I do not want to say anything bad for USDT, I myself use this stablecoin, however, I think that stablecoins of states will still be more reliable.
full member
Activity: 1190
Merit: 117
December 30, 2020, 05:57:33 PM
I am not a supporter of USDT, but I do admit that USDT is safe. I say so not without reason, because the only stablecoins that I often
use are USDT. And I have never been disappointed with USDT since I first used it in 2017, when I use it to save the profit I get when
trading crypto. And even now I use USDT to save some of the capital I have for trading, because USDT can avoid me from the volatile
crypto market.
full member
Activity: 1904
Merit: 138
★Bitvest.io★ Play Plinko or Invest!
December 30, 2020, 05:49:50 PM
to be honest I don't know if USDT and the coin stable are safe,
but stable coin is very much like a bank that always prints money or paper,
but in the crypto world stable coins are printing digital numbers that make their supply grow and dominate the company.

What I am hesitant with USDT is what they are claiming to be their real assets? Do they really have those US$ pegged to the number of their coins? Because last year, they admitted that they were not fully backed by US$. So right now, are they saying the absolute truth about being pegged in US$? No one can tell if they do have that huge amount of US$ that will back the number of their USDT coins. So we need to be on the lookout also on this one as they may announce again that they are not 100% backed by US dollars.
full member
Activity: 1610
Merit: 103
The OGz Club
December 30, 2020, 05:45:33 PM
to be honest I don't know if USDT and the coin stable are safe,
but stable coin is very much like a bank that always prints money or paper,
but in the crypto world stable coins are printing digital numbers that make their supply grow and dominate the company.
full member
Activity: 623
Merit: 100
CLEARSIGHT- THE #1 BLOCKCHAIN JOB PLATFORM
December 30, 2020, 01:44:38 PM
In my opinion USDT Tether are safe. I have been using USDT Tether for the last 1 year. I did not face any problem. I think USDT are safe investment. I will try to short trade to this currency.
full member
Activity: 1526
Merit: 110
December 30, 2020, 11:25:55 AM
I trust USDT. The current cryptocurrency market is very volatile. This time investing in other coins including Bitcoin is a little risky. So I converted all my bitcoins to USDT.

I don't think the price of Bitcoin is dependent on USDT. Bitcoin is moving at its own pace. Has the USDT been printed at the rate at which the price of Bitcoin has risen in 2020?
member
Activity: 854
Merit: 21
December 30, 2020, 09:00:23 AM
Tie is protected on the grounds that it is upheld by fiat and furthermore Tether prices are more steady so you don't should be too apprehensive your resources will drop low. Tie clients are additionally exceptionally enormous and that incorporates proof if tie is protected.

The activity to raise a project, for example, tie is a praiseworthy thought and such projects should be recognized. Tie is significant in the event that you are dicey on the turnaround of the market whiles trading. We need more stablecoins to free the interest once again from individuals who are new to cryptocurrencies or trading exercises.
full member
Activity: 1078
Merit: 102
November 26, 2020, 12:42:15 PM
Yes, on my opinion. If cryptocurrency market goes down I choose to convert my btc and ETH to usdt and just rebuy again. I use USDT in futures trading and I'm confident that you can hold USDT and not worry.
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