Topic: USDT or BNB? - page 2. (Read 1388 times)
According to my experience is that usdt and bnb both swapping fee is very cheap then compare to erc20 usdt so we easily swapping those two coin usdt are a binance coin most time people give priority to bnb then compare to usdt so if you swapping one Coin to another chain so that is clear Transection fee is high then compare to same .
It depends on different chains, it differs from chain to chain, for example, if you are swapping USDT in an Erc-20 chain, then it will require a lot of fees to swap, but if the same swapping is done with another chain like polygon, Bsc chain, and many others, then it will contain different fee, (less than eth). I hope would you understand.
I guess that if it is to be used as an investment, BNB will be a better option as it is extremely undervalued at this point and will most probably have more than a 2x increase once the market enter its Bull phase. On the other Hand, USDT can give you an edge if you are looking to increase the number of coins you have portfolio.
Or used USDT as what it has been designed, as it is pegged 1:1 to Dollar. Most of the time, I take advantage of it, like converting my BTC to USDT for easy P2P on my end as most that I have traded prefer USDT.
As for BNB which is obvious a investment coin, it's one of the top in the altcoin market.
And as you have said, probably undervalued as this bear market, so it's best if we can invest on them at the current price as it can go x2 in the next bull run 2024-2025.
I guess that if it is to be used as an investment, BNB will be a better option as it is extremely undervalued at this point and will most probably have more than a 2x increase once the market enter its Bull phase. On the other Hand, USDT can give you an edge if you are looking to increase the number of coins you have portfolio.
maybe you are right to choose BNB as a long term investment it will get 2x-3x profit. but what needs to be remembered is that it is a high risk that must be accepted and we must remember that BNB is a centralized coin that can be controlled by the owner of the coin at any time.We can see that some centralized coins have had problems some time ago, which is one of the lessons or experiences to be more careful in choosing coins. stay DYOR
I guess that if it is to be used as an investment, BNB will be a better option as it is extremely undervalued at this point and will most probably have more than a 2x increase once the market enter its Bull phase. On the other Hand, USDT can give you an edge if you are looking to increase the number of coins you have portfolio.
Given the speed and cost of BNB, I think it's more efficient to pay with BNB than USDT. USDT, on the other hand, can be used to trade on multiple exchanges, which makes it even more valuable in terms of usability.
The best option is to go through the crypto market you want to trade and evaluate the cost of how much money you will spend on the other side. There are various relevant cost parameters, transaction prices, exchange rate revaluation fees and commissions. The more you know about these parameters, the more carefully you will choose a reliable exchange to exchange coins.
The best option is to go through the crypto market you want to trade and evaluate the cost of how much money you will spend on the other side. There are various relevant cost parameters, transaction prices, exchange rate revaluation fees and commissions. The more you know about these parameters, the more carefully you will choose a reliable exchange to exchange coins.
Hello,
Which one is more cheap for the swapping? The Binance Coin or USDT?
Thank you.
Which one is more cheap for the swapping? The Binance Coin or USDT?
Thank you.
I prefer both USDT or BNB because both altcoins have different blockchain like BEP-20, ERC-20, TRC-20 etc. The main thing is that which blockchain has low fees transaction. I suggest to select BEP-20 or TRC-20 because these two blockchain has low transaction fees or other is ERC-20 has high transaction fees.
Which one is more cheap for the swapping? The Binance Coin or USDT?
USDT has very many networks including the network on the BNB network also has this type of USDT token, but if you mean USDT on the Ethereum network, of course BNB is far from cheap and stable in their swapping fees. Actually USDT was designed to be used as a stable coin with low fees in any transaction, unfortunately ethereum gas costs are always increasing making swapping costs very stifling, in contrast to BNB which has stability in transactions.
I don't understand why you compared a stable coin USDT with non-stable coin BNB.
In BNB network (Binance Smart Chain - BSC), you can find many stable tokens for example BUSD (BEP20).
I personally prefer to using BUSD in BSC network because i can swap to other good BEP20 tokens there.
In BNB network (Binance Smart Chain - BSC), you can find many stable tokens for example BUSD (BEP20).
I personally prefer to using BUSD in BSC network because i can swap to other good BEP20 tokens there.
Maybe OP is a newbie and looking for a coin with low transaction fees to do the exchange. If you usually use Binance exchange and BSC network, then using BUSD is much more convenient than using other stable coins.
USDT is accepted by most CEX or DEX exchanges, so it depends on the needs and purposes of each person. I use both BUSD and USDT for the convenience of exchange as I use different exchanges.
There are a number of factors to be considered when swapping. First, the platform you are using is the first thing to consider because different platforms perform swaps using different fees. Platforms differ from each other. Secondly, USDT have different blockchains. For example, USDT run on Binance Smart chain, Ethereum chain, etc. If you are referring to smart chain, and using pancakeswap, then the difference in cost of swapping will not be much since bnb is being used as gas fee. So if you are swapping from your token to USDT using pancakeswap for example, or swapping from your token to BNB, the gas fee is paid with bnb, I think there is no much difference. It largely depends on the platform you are using. Please, it is better to use popular platforms to swap since there are many scam platforms existing now.
I prefer BNB rather than stable coins, this is because of great profit opportunities if we invest in BNB, as we know that Smartchain has become the largest platform with transaction volume to billions of dollars per day so that with Hold BNB will make us get big profits.
Of course, USDT or BNB is very different on how they are built so to speak. They have different uses, so for investors we wanted to have BNB because it is strong and can go high in the future if we are going to continue to hold and accumulate.As compare to USDT which we all know is a stable coin, so we would only used it to hedge if there is a massive downturn that we are experiencing.
So, the ones who do not want to take that risk, ends up building something with USDT or BUSD or any other stablecoin and stake that instead. Just a small 10% yearly is not really that bad when you calculate it for 20-30 years depending on how much you put in and how much you could keep putting in each month.
I don't understand why you compared a stable coin USDT with non-stable coin BNB.
In BNB network (Binance Smart Chain - BSC), you can find many stable tokens for example BUSD (BEP20).
I personally prefer to using BUSD in BSC network because i can swap to other good BEP20 tokens there.
USDT is also already running on the BEP20 network so you can also exchange with other coins that run on the same network (BEP20), because the network support for USDT is very much now so choosing USDT is also not the wrong choice and is still very good for everyone although BNB is also a good coin, it is different only because BNB is not a stable coin. In BNB network (Binance Smart Chain - BSC), you can find many stable tokens for example BUSD (BEP20).
I personally prefer to using BUSD in BSC network because i can swap to other good BEP20 tokens there.
I’ve never really compared the both of them, but I do use the both without minding whatever would be the difference, and I am assuming that you’re talking about BUSD (Binance USD) which is an alternative of the USDT?
BNB (BinanceCoin) is different and is not a stable coin which makes it the wrong comparison in this case, because you’re meant to compare USDT which is a stablecoin with another stablecoin, so in this case it is BUSD which is also owned by Binance the same way that BNB is owned by the same exchange. If you’re making use of Binance exchange, then BUSD would be a better option to go with.
BNB (BinanceCoin) is different and is not a stable coin which makes it the wrong comparison in this case, because you’re meant to compare USDT which is a stablecoin with another stablecoin, so in this case it is BUSD which is also owned by Binance the same way that BNB is owned by the same exchange. If you’re making use of Binance exchange, then BUSD would be a better option to go with.
Which one is more cheap for the swapping? The Binance Coin or USDT?
USDT has very many networks including the network on the BNB network also has this type of USDT token, but if you mean USDT on the Ethereum network, of course BNB is far from cheap and stable in their swapping fees. Actually USDT was designed to be used as a stable coin with low fees in any transaction, unfortunately ethereum gas costs are always increasing making swapping costs very stifling, in contrast to BNB which has stability in transactions. 
Hello,
Which one is more cheap for the swapping? The Binance Coin or USDT?
Thank you.
Which one is more cheap for the swapping? The Binance Coin or USDT?
Thank you.
It's Looks like you have a little less knowledge about blockchain. Please do some research for learning about blockchain . there are lots of blockchain are available now such as - ERC-20, BEP-20,TRC-20,BTC etc . Every blockchain has different cost of exchange fees in decentralised exchanger . There is no difference between USDT or BNB in terms of swapping cost, the only difference is in blockchains.
I don't understand why you compared a stable coin USDT with non-stable coin BNB.
In BNB network (Binance Smart Chain - BSC), you can find many stable tokens for example BUSD (BEP20).
I personally prefer to using BUSD in BSC network because i can swap to other good BEP20 tokens there.
In BNB network (Binance Smart Chain - BSC), you can find many stable tokens for example BUSD (BEP20).
I personally prefer to using BUSD in BSC network because i can swap to other good BEP20 tokens there.
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Hello,
Which one is more cheap for the swapping? The Binance Coin or USDT?
Thank you.
There is no different when you swapping in same blockchain in decentralised exchanger like pancakeswap . USDT is a stable coin so if you wanna swap or wanna exchange your atlcoin it would be better to select USDT . Where there is no chance to reduce the value of your fund. Which one is more cheap for the swapping? The Binance Coin or USDT?
Thank you.
In my opinion, Both coins have different advantages and disadvantages and they serve different purposes. Return to their respective Portfolios to decide which one is more suitable for their needs. If you plan to exchange Crypto coins frequently, then BNB might be the best fit for you, on the other hand, if you want to invest in cryptocurrencies, then USDT might be a better choice because USDT has good security and stable prices but Binance Coin also has excellent liquidity and is only used on one platform (Binance).
What do you mean ERC-20 USDT or Bep20 USDT?ERC-20 USDT fee is much more higher.Bep 20 USDT fee is more cheap.USDT price always same $1 but BNB price is changing.So USDT not for profitable but BNB has both profit and loss.If you swap any token i suggest Bnb.BNB is better than USDT and i am always sawp in bnb network BNB has many conveniences for cryptocurrencies the cheaper BSC network.But one thing bnb have some risk because price increase and decreasing both.
To store asset value, I would choose USDT. But when it comes to trading or investing, BNB is better than USDT. BNB has offered many conveniences for crypto enthusiasts, the cheaper BSC network gas costs make BNB's prestige slightly increase. Here I exclude Ethereum, because the transaction fees of the BNB platform are much cheaper than the Ethereum platform. It's no wonder that BNB will beat Ethereum's popularity in terms of Platform users between the two.
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