Topic: USDT or BNB? (Read 1338 times)

Well, it depends on the network the USDT is based on. If its an erc20 token, then its going to cost you an upward of $2-$5 in transaction fees. But if its BSC, TRC20 or other chains, its cheaper. Like $0.5

I think that will depend on the person because I think some will just go with the flow. They do not like using stable coin because they know that their coins can always recover and also if the price is dumping and then you convert your volatile coins to stable coins, you will incur some losses. We also do not know the movement of the price and what if the price won't continue dipping anymore? We are only going to waste some fees there for conversion.

I think for me, I will just prepare and use stablecoins for buying more volatile coins once the market is dumping or in bearish mode. Bnb on the other hand is a good coin which can work for long term but indeed that we shouldn't store our bnb or any other cryptos inside a cex as that is risky. Many cex'es are collapsing and the recent one is ftx.

when market conditions are trending down, we can take advantage of holding stable assets such as USDT. but when conditions are under the current conditions, buying altcoins will be better for developing the value of the assets we have.
but to be honest, BNB is not a great asset for us to keep long-term. some people may like BNB for the long term, but they should still be careful. especially if you continue to keep it on the exchange. We have seen several times that the Binance exchange has been hacked. this should be a warning to us.

If you want to maintain the value of your coin then the choice is USDT, but for recovery after a market crash I think BNB is a good choice, I noticed that the value of BNB tends to rise faster when compared to other altcoins.

We cannot provide guarantee 100% about USDT but it is one of the most popular choice. Personally I prefer USDT to save my money. Yes, it is true that if anyone wants to invest then BNB is the best choice. On the other hand, if anyone wants to save his/her valuable money then USDT is the best option. BNB and USDT both have different uses and fan base.

Both coin had his uniqueness, BNB can be used as the coin for investment.Because it was made by the target of investment. But the main aim of USDT is to create one unique market for USD in cryptocurrency market. The cryptocurrency USD wi be the USDT. The value of USDT to any of your local currency value looks same. It's value equal to the USD, anytime you can convert USDT to USD in a very short time period of time.Over many years the USDT rules the cryptocurrency world as like bitcoin and Ethereum. Because of the unique technique of the USDT project people.

USDT and BNB are of course very different. If you want to invest, then choose BNB because every development in Binance will affect BNB,
but if you want to invest safely and maybe for a savings account, then USDT is the right choice,
oh yeah, take it easy because USDT is not a project same as UST in Terra or stable coin in FTX project, I'm 100% sure USDT is safe for investment and savings.

I chose them both, depending on how would I use these. If I will choose bnb, busd bep20 that's will be the time that I am investing in something, I am not using usdt in my investment, or I am going to transfer my asset to dapp I will be choose binance coin for lower tx Fee. but if I will be withdrawing my money, I will choose usdt in p2p sometimes I cannot sell too small of bnb that's why I choose usdt, also when I am working for someone, they pay me in usdt /usdc since they are keeping their bnb as well.

Obviously usdt didn't dump during the bear run because it was a stable coin. Bnb on the other hand had a dump because it isn't a stable coin but it doesn't already mean that it was a bad coin. Bears are normal and can be a time for the people to accumulate more coins at a discounted price.

By the time the market recover I bet you will change your mind and you will say that bnb is now better because it is pumping while usdt is still the same but on my opinion, bnb is truly more better than usdt because usdt have been involved in an anomaly before. If I were to use a stable coin I will choose another brand it can be usdc, busd and dai.

For swapping obviously BNB is more cheaper that USDT. Because Binance Smart Chain cuts a very lower transection fees on decentralized exchanges. On the other side USDT will cut a huge amount of fees for their Blockchain transection. So I choose BNB undoubtedly.

There are 2 different altcoins usdt is found on various blockchains the transfer and swap of usdt is convenient on the bsc blockchain with a fee of a few cents on the tron ​​blockchain it seems to me that the fees are 1 $, on the eth blockchain just forget it, however bnb has very low fees

OP failed to match the subject and description. He probably wants to know which blockchain technology is less charge applicable. But his subject is different. However, almost all of us in cryptocurrency know that Binance or BNB chain is currently much less expensive than other blockchains. As a result we will naturally recognize BNB get the top priority at the moment in terms of charge.
Currently Charges BNB Standard 5 gwei and Ether Low 9 gwei.

Here's the context of giving some ideas about BNB and Tether

BNB or the Binance is one of the largest cryptocurrency exchanges in the world. Binance Coin (BNB) was originally built on top of the Ethereum blockchain. It was originally known as an ERC20 token but now powered by Binance's own blockchain. BNB is now available on all major centralized exchanges in the world. Binance Coin enjoys strong support on both Binance and Binance DEX. Due to the strong popularity of the Binance (BNB) brand, the local Binance asset quickly became a big success. Currently it has become one of the top 5 cryptocurrencies by market capitalization. It is likely to increase further in the future.


One of the most prominent stable coin is Tether which is launched in 2014 and currently leading in terms of market capitalization. Although initially conceptualized, each Tether was backed by $1 but at times its value was slightly lower which was often questioned. In addition, last few years ago at 2018 saw a big drop in its price. At that time each Tether price go down to 90 cents and then recovered again. But overall Tether has gained good popularity as a stable coin. Currently it is now operating as a successful stable coin.

I think USDT or BNB for investment is usually up to the individual currently the value of coins in the market is very low but BNB is slowly increasing. USDT is better if market risk is high but BNB is too risky for long term investment. Bitcoin will reach a good position in the future of this currency like ethereum the market is too volatile to hold BNB.

When the market is not as volatile as it is now I prefer to keep money in USDT, but USDT I think is quite risky, it is better to move to BUSD. BNB will be good when the market is stable so as not to be exposed to FUD to keep the asset stable. unless you are a long-term investor of BNB.

BNB usage is higher than USDT I think.  But I use USDT as deposit. BNB is used for all transactions. I think BNB usage is more than USDT but USDT is more popular.

I don't understand what you mean by asking which is cheaper to exchange between binance coin and usdt. Maybe you mean fees for shipping that are issued from one platform to another, or also from one wallet to another. If this is what you mean the answer is bnb coin.

maybe If you or all of us have BEP20 USDT network you will be billed in BEP20 BNB onwards. Based on that, to answer your question, BNB or USDT based on BEP20/BEP2 is cheap to exchange. I hope someone will correct me if I'm wrong, but this answer is based on my knowledge.

if anything, the fees will be much lower than those built on the Ethereum (ETH) blockchain and you can compare the fees to the Binance coin (BNB) in BC which should be the same.

On Binance Smart Chain (BEP20), the fees are much lower, BNB and USDT are both on BSC, the fees are also low and should be the same. but it also has to be seen from the network that you use in the market, namely GAS. so from here we can determine whether you are using the ETH or BNB network. if you use an eth-based network, of course, judging from the GWEI at that time, it can be expensive and it can also be cheap. and if you go through BNB it's usually lower

in terms of use between BUSD and USDT, both are stable coins, which function is not for long-term investing. BUSD is indeed a stable coin from binance, when compared to it for now maybe I'm more interested in BUSD, where many projects are currently using the Binance chain network, so it just feels more comfortable. Even though USDT has had many negative issues that have occurred, so far nothing has been feared, so it's back to each individual

I failed to understand why OP wanted to compare between USDT and BNB, they are different asset type.

USDT is a stable coin and BNB is a native token for Binance Smart Chain.

A better comparison is between USDT and BUSD both are stable coins. I would like to pick BUSD than USDT but they are both good with solid collateral behind. They are not algorithmic stable coins like LUNA and UST, TRX and TUSD.

Else if OP wanted to ask whether OP should keep his capital in USDT or BNB. I would say both options are good. USDT is a stable coin and if OP thinks bear market does not end, having capital in stable coin is good enough.

BNB is good because it is a native currency for Binance Smart Chain from Binance, a solid exchange. The token has very good performance in this bear market and does not lose too much value in last one year.

This has to be want the OP is talking about since this post is talking about swapping and most swapping has to do with trading crypto coins to stablecoin. When comparing both stablecoin I think BUSD has more advantage than USDT. USDT has been having some issues lately as it constantly getting unpegged from the dollar but BUSD strongly has the backing of Binance exchange as such it's unlikely that it'll lose it dollar peg unless Binance exchange was to collapse.
It's also easier since BUSD is on the Binance chain and you can use same address to carryout transactions of coins on multiple blockchain like Ethereum, Polygon etc