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Topic: Tether vs True USD? (Read 434 times)

copper member
Activity: 657
Merit: 1
February 11, 2019, 11:38:00 AM
#46
Nice question, but asking which is best between two stable coins is really not easy to make a choice. Both are good, I've been converting my portfolio to both, but most times USDT. worry not, you can convert to any since both are safe. I understand why you asked because some acclaimed stable coins are not really meeting up with their aim, but that's not the case for the ones you mentioned.
legendary
Activity: 2996
Merit: 1188
February 11, 2019, 11:29:28 AM
#45
Hello everyone, I'd like to know which of these two options is best to freeze my cryptos, which of these two recommend me? Based on your experiences, what is the best? thanks in advance  Cheesy
Tether is really nothing I will ever use. I never used it and I will continue not using it. True usd is always the correct version to use.

Why would I use something that represents dollar when I can actually get dollar itself. It makes no sense to have a stable coin for something that already exists, bitcoin is not the digital version of another thing, bitcoin is what bitcoin is, tether just acts as if it was dollar when its not.

Also there was a whole news cycle about how they store their "billions of dollars" in some shady bahama bank where even the mafia puts their money in and drug dealers of Latin america as well so there is no point of trusting the tether company behind the stablecoin neither since they are shady as hell and do not look like they will continue for a long time. They may just take all the money and leave and we wouldn't be capable of doing anything since the money is offshore and untouchable. If they put all that money into some trusted countries huge bank then I will reconsider.
legendary
Activity: 3010
Merit: 1028
Leading Crypto Sports Betting & Casino Platform
February 11, 2019, 10:24:58 AM
#44
To be honest, I have not used True USD before, I have been hearing if it quite alright but I have never used it, Tether is the one I have used and I can recommend it to you anyday, anytime.
Obviously, USDT is too popular and most people here use USDT in trading. I am like you when I have never used another stablecoin, I have seen a lot of stablecoin created but I only trust and use USDT because it has become a habit
USDT already cater traders needs in terms of activity inside the exchange, this trading pairs have a good volumes and really being used by traders
who understand the benefits, price are being kept and still can be classified as stable coin, when you are not sure what to use while working with
day trading, this coin is one of those best options.
USDT also one of the earliest stable coin, they also have undergo an audit done by rhe authority therefore making them more legit.
However some people said that exchanges which provide usdt always requires KYC, that actually does makes sense because they need to avoid moneu laundry.
hero member
Activity: 1302
Merit: 540
February 11, 2019, 10:21:54 AM
#43
To be honest, I have not used True USD before, I have been hearing if it quite alright but I have never used it, Tether is the one I have used and I can recommend it to you anyday, anytime.
Obviously, USDT is too popular and most people here use USDT in trading. I am like you when I have never used another stablecoin, I have seen a lot of stablecoin created but I only trust and use USDT because it has become a habit
USDT already cater traders needs in terms of activity inside the exchange, this trading pairs have a good volumes and really being used by traders
who understand the benefits, price are being kept and still can be classified as stable coin, when you are not sure what to use while working with
day trading, this coin is one of those best options.
full member
Activity: 448
Merit: 100
February 11, 2019, 10:18:18 AM
#42
To be honest, I have not used True USD before, I have been hearing if it quite alright but I have never used it, Tether is the one I have used and I can recommend it to you anyday, anytime.
Obviously, USDT is too popular and most people here use USDT in trading. I am like you when I have never used another stablecoin, I have seen a lot of stablecoin created but I only trust and use USDT because it has become a habit
copper member
Activity: 154
Merit: 0
IMO Exchange - Customer First.
February 11, 2019, 08:25:40 AM
#41
Tether has proven beyond reasonable doubt a that they are here to stay, can you remember the last scandal that rocked Tether? Even with all the controversy, the price didn't change much, it was still pretty much stable, to be that is the definition of a dependable stable coin.
copper member
Activity: 196
Merit: 2
February 11, 2019, 08:24:16 AM
#40
To be honest, I have not used True USD before, I have been hearing if it quite alright but I have never used it, Tether is the one I have used and I can recommend it to you anyday, anytime.
copper member
Activity: 301
Merit: 10
simply getting the job done
February 11, 2019, 08:16:04 AM
#39
This two coin is for frozen your invest, here I like Tether old and experience. You should check supply this two coin and also those trading volume.
That is why they were created - to be stable when market is crashing. You can easily sell your coins for stable coins, after market situation changes, then buy more cheap cryptocurrencies Wink.
hero member
Activity: 3080
Merit: 603
February 11, 2019, 08:02:55 AM
#38
I don't use stable coins but whatever you use to them, they're both fine. You may want to consider other stable coins too.

  • USDC
  • GUSD

GUSD has some problems atm:
https://www.coindesk.com/winklevoss-crypto-gemini-gusd-stablecoin-redemption
https://www.fxstreet.com/cryptocurrencies/news/gemini-punishes-otc-trading-desks-for-gusd-redemption-201902081137

It could be dangerous to keep large amounts of GUSD because of that. In contrast of GUSD, USDC looks pretty nice at the moment. But still we all should keep in mind the investor's golden rule.
Hey thanks for the heads up!

I'm not aware of that so with that kind of news, I'll remove GUSD for the meanwhile and use a better stable coin if someone would convert their crypto into stable ones.
sr. member
Activity: 2240
Merit: 270
SOL.BIOKRIPT.COM
February 10, 2019, 01:44:09 PM
#37
Tether (USDT) is the best in the people commendation and i think almost holder trustworthy if you can check USDT volume. In every exchange high volume is Tether pair with other coin. But i think if you have to need freeze small amount than try TUSD.
A lot of investigation had been done on the project's account and team, and was found worthy and credible. It has the longest track record of stable coin. I am also thinking of making a better use of the coin in the future.
legendary
Activity: 2674
Merit: 1048
February 10, 2019, 01:40:28 PM
#36
Choose both because they have the same system (centralized system) unless you give other choices that are truly pure have a decentralized system like bitcoin, surely I prefer to choose bitcoin than the two tokens.
full member
Activity: 657
Merit: 100
February 10, 2019, 01:36:07 PM
#35
Tether (USDT) is the best in the people commendation and i think almost holder trustworthy if you can check USDT volume. In every exchange high volume is Tether pair with other coin. But i think if you have to need freeze small amount than try TUSD.
member
Activity: 420
Merit: 10
February 10, 2019, 01:34:26 PM
#34
Hello everyone, I'd like to know which of these two options is best to freeze my cryptos, which of these two recommend me? Based on your experiences, what is the best? thanks in advance  Cheesy
I use for a long time already usdt and I have never had a claim to this coin as it is very common on exchanges that is much more convenient, still would have allocated usdc he was audited in the United States
full member
Activity: 366
Merit: 100
February 10, 2019, 01:28:10 PM
#33
This two coin is for frozen your invest, here I like Tether old and experience. You should check supply this two coin and also those trading volume.
sr. member
Activity: 728
Merit: 252
February 10, 2019, 08:33:54 AM
#32
In the real world today there are a large number of people who are beginning to doubt that the projects of stable Coins generally make sense. Think what it is? This is after all the implementation of fiat money into digital assets. Why sell BTC today for candy wrappers that cost nothing?
copper member
Activity: 301
Merit: 10
simply getting the job done
February 10, 2019, 08:30:27 AM
#31
Paxos is the best one, they claim to be first regulated and audited stable coin on the market. They have nice support from Binance - zero trading fees offers and many more!
member
Activity: 490
Merit: 10
February 10, 2019, 08:27:33 AM
#30
To my mind tether is better than true usd simply because there is more trust and entire crypto system was created with tusd.
 That's the best stable coin ever! Don't miss it!
hero member
Activity: 812
Merit: 500
February 10, 2019, 08:17:41 AM
#29
Hello everyone, I'd like to know which of these two options is best to freeze my cryptos, which of these two recommend me? Based on your experiences, what is the best? thanks in advance  Cheesy

Currently Tether is still a better choice because it is popular on almost all exchanges. And most OTCs allow them to sell cash. So you should choose USDT
legendary
Activity: 1120
Merit: 1003
twet.ch/inv/62d7ae96
February 10, 2019, 08:13:22 AM
#28
I don't trust this two but if I should pick one of them, It would be definitely Tether. Tether is first of its kind. And it was usefull for bear market.

After USDT one by one many coins has came. TUSD, PAX, Gemini USDC... Why we need that? Tether was enough.
No, we need more stablecoin in this market to make the market more competitive and make it more stable. Just like we were too dependent on USDT and its price was easily

Same thoughts about Tether, but I disagree with you about the rest part about stablecoins. To me we need as many stablecoins as possible for diversification. We can't be sure at any of them, so it would be reasonable to have them all to reduce risks.
sr. member
Activity: 1701
Merit: 308
February 10, 2019, 08:12:39 AM
#27
I think Tether is the best, because all this time the price is always stable and you can take advantage of every reflection calmly without fear of losing a lot
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