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Topic: Should Tether be delisted from exchanges? (Read 201 times)

sr. member
Activity: 552
Merit: 250
July 17, 2018, 04:32:05 PM
#22
Tether (USDT) is considered a symbol of stable cryptos on the market, so it's out of the market is demanding. USDT's exchange rate is always at $ 1 when the market falls in exchange rates, the exchange to USDT will help cut losses to preserve capital for investors. Therefore, the USDT is delisted from the market is very difficult to happen.
full member
Activity: 2142
Merit: 183
A tether coin is necessary when exchanging tokens for more promising coins, when there is no direct exchange pair. Then this coin is used. Or simply when I'm not sure in the crypto currency market when it is necessary that the funds allocated from the crypto currency for a while stay in the state in fact no longer crypto-ala and do not feel the consequences of the fall of the crypto-currency market, but when you do not want to withdraw your funds to fiat. That is, tether sometimes acts as a kind of buffer between the crypto currency and fiat. I think that this kind of coin is necessary.
member
Activity: 490
Merit: 10
USDT is the best stable coin to enable traders hedge their investment so why should it be delisted from exchanges. It is alwasy available for traders to lock their profit without incuring much losses. Is my favorite trading currency.
newbie
Activity: 49
Merit: 0
I think its good that tether is being delisted from exchanges because I think its management and security was not good and also I didnt trust it as well.
full member
Activity: 437
Merit: 100
Adoption Blockchain e-Commerce to World
Tether (USDT) will not be delisted from the cryptocurrency market due to its potential. The current USD represents the dollar in real life, helping investors avoid losses when the exchange rate drops rapidly. Typically, if the exchange rate falls, the first thing I would do is to exchange the entire crypto owned to USDT.
newbie
Activity: 84
Merit: 0
Their project is not good enough and they are also under investigation. That’s why i think they may be delisted from the exchange. For removing this threat they need to improve their quality.
member
Activity: 280
Merit: 10
It seems to me that in the future this asset will be excluded from the exchange. And as a result of this a huge mass of money will be distributed among the coins, the leaders of the market, the crypto currency.
newbie
Activity: 238
Merit: 0
Did anyone invest in Tether? I didn't. How could anyone even go there? My bad though. Not everyone is well knowledgeable of the cryptocurrency world. There are so many worthless coins around and people should look to consult professionals before making any investments. And yes, i want Tether delisted from exchanges.
full member
Activity: 251
Merit: 101
I don`t use Tether, but I don`t think it should be delisted, it has it`s own niche on the market and USDT capitalization will grow anyway..
full member
Activity: 1176
Merit: 162
It is a possibility!
Tether won’t even be ranked on the top 500 a year from now!
Currency pairs are on the way!
Bitcoin will also suffer from currency pairs because it will become obsolete: Think about it!
Market dynamics will change!
I like this coin it secure our  funds when market is falling. I like the idea instead of tether used fiat, but to withdraw in fiat you need something like bank accounts and credit cards whatsoever. Tether made it easier and not all exchanges has fiat and I think Tether is much easier to integrate on exchanges.
But it all depends on bitfinex and Tether this currency is controversial.
newbie
Activity: 139
Merit: 0
Given that these coins got enlisted, shows that they have potential to be able to generate money for the people.  Smiley There are more than 1500 coins in the market. The competition is tough and everyone is in a throat cutting mode.  Roll Eyes These coins deserve a chance and should not be removed, at least for now.
full member
Activity: 602
Merit: 100
I'm very doubtful about Tether and this usage.. if I remember well no one till today has proved that Bitfinex had really bought $ to cover Tether peg.... so I don't trust this coin.
member
Activity: 285
Merit: 11
quarkchain.io
It is a possibility!
Tether won’t even be ranked on the top 500 a year from now!
Currency pairs are on the way!
Bitcoin will also suffer from currency pairs because it will become obsolete: Think about it!
Market dynamics will change!
I don't even know while exchanges are trading tether in the first case.  If their terms and conditions states that they are not under any obligation to redeem tether for real cash.  Exchanges should all trade fiat directly and delist tether.
member
Activity: 532
Merit: 10
It is a possibility!
Tether won’t even be ranked on the top 500 a year from now!
Currency pairs are on the way!
Bitcoin will also suffer from currency pairs because it will become obsolete: Think about it!
Market dynamics will change!
Tether is really very important. Traders need Tether to hold and wait for the opportunity to trade. I usually trade through Tether and never hold any other altcoins.
Its advantage is price stability and we will be safe to hold it.
member
Activity: 196
Merit: 10
Open and Transparent Science Powered By Blockchain
I think it's possible. Tether is a very unstable factor.
Because they haven't released their bank accounts yet.
member
Activity: 407
Merit: 14
Collectrix-Bridgin the physical and Virtual worlds
Not all exchanges has fiat currencies integrated, I personally use tether a lot especially in exchanges that doesnt have fiat integrated, it helps keep my investment stable.
BQ
member
Activity: 616
Merit: 53
CoinMetro - the future of exchanges
I never understood the game of Tether at all. I never liked this currency and idea to secure our funds with the Tether when the crypto currencies are falling. Why not just use the normal fiat currency which can also keep our investment as it is if the rest of the market is falling and you have converted everything into the fiat at the right time. With the fall many people suggest to convert to Tether but I always suggest putting the fund in fiat. Tether is after all crypto currency and its volatility can outburst any time if it did not receive the proper support in the time to come. May be I will be more than happy if that happens.

but the process of putting to fiat is more problematic than tether?
say you want some coin out of the top 10 - most exchanges that handles fiat, does Not list many coins.
so you'd essentially have to go from obscure exchange > main exchange > sell, and back, every time.
and that also in a sense demands KYC from people since they need that to handle fiat, while exchanges that only has tether has far less restrictions.

tether, in my opinion, definitely fills a purpose. sadly, it seems mismanaged.
newbie
Activity: 210
Merit: 0
Actually the market of crypto currency is now on demand. At first there were few crypto currencies but now there are more than 1500 crypto currencies that are operating in this market. So the market has become very complex now a day. Competition has been increased and so this coin will need time to be in the market. I think they should not be delisted now.
jr. member
Activity: 336
Merit: 3
I never understood the game of Tether at all. I never liked this currency and idea to secure our funds with the Tether when the crypto currencies are falling. Why not just use the normal fiat currency which can also keep our investment as it is if the rest of the market is falling and you have converted everything into the fiat at the right time. With the fall many people suggest to convert to Tether but I always suggest putting the fund in fiat. Tether is after all crypto currency and its volatility can outburst any time if it did not receive the proper support in the time to come. May be I will be more than happy if that happens.

Thank you for supporting my opinion!
sr. member
Activity: 574
Merit: 251
I never understood the game of Tether at all. I never liked this currency and idea to secure our funds with the Tether when the crypto currencies are falling. Why not just use the normal fiat currency which can also keep our investment as it is if the rest of the market is falling and you have converted everything into the fiat at the right time. With the fall many people suggest to convert to Tether but I always suggest putting the fund in fiat. Tether is after all crypto currency and its volatility can outburst any time if it did not receive the proper support in the time to come. May be I will be more than happy if that happens.
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