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Topic: USDT or BNB? - page 7. (Read 1388 times)

legendary
Activity: 3346
Merit: 1191
December 07, 2021, 03:14:47 PM
#61
Even USDT on the BSC chain if possible, if not I will not use it! Simply fees are to high for Ethereum transactions, so I use BSC whenever I can to move USDT if it's not possible I will choose some alternative! As a user, an ordinary one, I choose BNB over Ethereum, and lately, I use BUSD for my trading... it's more convenient, cheaper, and faster transactions can be combined with other chains! One more thing, BNB is probably one of the good long term investments at the moment, they are still far from their top I think!
full member
Activity: 1358
Merit: 104
December 07, 2021, 03:09:36 PM
#60
I Think both are best choice. BNB network transaction gas fee is very low.And now many people use BNB network transaction gas fee. But ETH gas fee is Very high.All depends on both USDT And BNB on Between use BNB or USDT. But for me i choose both and Usually Using both.
hero member
Activity: 1540
Merit: 812
Leading Crypto Sports Betting & Casino Platform
December 07, 2021, 01:35:33 PM
#59
If the asset is converted through the ETH chain, then the cost of the commission will be huge, with small amounts it is very unprofitable. If we take BNB chain, then their solution looks more profitable from the standpoint of converting and transferring money, I would recommend the second option, it is more profitable with frequent small transactions and transfers.
That's why conversions via the ethereum chain can't be done in small amounts, considering the large commission costs will make the conversion unprofitable, not even balanced from the small conversion results of the ethereum smart chain, but unlike the BNB chain, small fees can be converted and it doesn't cost much from conversion, that's why many people prefer BNB smart chain in doing conversion.
full member
Activity: 532
Merit: 100
December 07, 2021, 05:53:24 AM
#58
Hello,
Which one is more cheap for the swapping? The Binance Coin or USDT?


Thank you.

i have tried it some time ago, i see to do swap cheaper with binance than usdt. other than that if you want a cheaper yag then you can use matic or polygon. i have tried it with polygon and binance
full member
Activity: 700
Merit: 100
December 07, 2021, 05:50:28 AM
#57
If the asset is converted through the ETH chain, then the cost of the commission will be huge, with small amounts it is very unprofitable. If we take BNB chain, then their solution looks more profitable from the standpoint of converting and transferring money, I would recommend the second option, it is more profitable with frequent small transactions and transfers.
sr. member
Activity: 1002
Merit: 254
Tontogether | Save Smart & Win Big
December 07, 2021, 05:10:24 AM
#56
I think this is very easily say that which is a best so BNB and USDT this bnb is a very strong coin everyone support and use this coin and the usdt is a stable coin and everyone easily buy and sell this token so the bases of stable coin everyone support usdt but the other side people support bnb because there price of fee is so low.
sr. member
Activity: 1148
Merit: 409
Duelbits
December 07, 2021, 02:26:43 AM
#55
for now I feel safe in coin stable because alt is too dangerous for me to enter and coin stable has always been something that is quite profitable for now.
Apart from that I will come back again when the market is friendlier especially with the top 10 ranks (except stablecoins and memes). But it does take time to come back and all I do now is just wait
hero member
Activity: 3136
Merit: 591
Leading Crypto Sports Betting & Casino Platform
December 07, 2021, 02:09:54 AM
#54
What comparison you're bringing? USDT and BNB are not par, they have different values as known for USDT, its value is stable.
So putting that into the table to compare with a BNB that has a fluctuation on its value, that doesn't really close to what we're understanding.
Well goes for the swapping, both are cheap just don't use erc20 for usdt.
full member
Activity: 378
Merit: 167
betfury
December 07, 2021, 12:20:49 AM
#53
Ask yourself swap it for what purpose? adjust it to your needs.

between bnb and usdt may be equally expensive, if done during the productive hours of traders/investors. especially BNB.

I always;
1. Choose free time (usually I am in the morning when the transaction queue is not too saturated) and reduce the minimum withdrawal for each transaction.
2. Choose cheap coins if the purpose of swap is for staking with limited capital from othermarkets (I usually use XLm/bep 20 network).
3. if the goal is swap to trade I prefer Bsc (bnb version bep 20).
it will make it easier for dex and other non-custodial wallets when choosing a place and coin, there are many.

What makes usdt or bnb special in your mind?
sr. member
Activity: 2086
Merit: 283
Vave.com - Crypto Casino
December 06, 2021, 11:59:17 PM
#52
Hello,
Which one is more cheap for the swapping? The Binance Coin or USDT?

Do you mean you want to swap on pancakeswap if that's true then I think it's better to use Binance coin (BEP20) than USDT (ERC20) because swapping using Binance coin is cheaper, we only cost around 0.0008 BSC when doing one swap.
full member
Activity: 1484
Merit: 101
December 06, 2021, 11:44:55 PM
#51
If we save USDT then the value will be safe and I often switch coins or tokens to stable coins like USDT if I feel I have made a profit or see a red market, but to make our money grow, of course we have to choose BSC because the opportunity to skyrocket is greater while USDT will not increase because the coin is stable.
full member
Activity: 2268
Merit: 121
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
December 06, 2021, 11:41:11 PM
#50
Cheap swapping? well it doesn't matter which coins you to swap, the important is the network you use. Go swap in pancakeswap because the network they use is binance smart chain so it's really cheap compared to the ethereum network. Uniswap is using ethereum network so expect expensive fees their platform.
So far, what our mate have said above is probably the best way that op can do, because for the network so far it is clear that Binance is still the cheapest and you can do it via Metamask or Pancakeswap, all of which are clear on the Binance network and there are other networks that are also available. also cheap but true don't use currently on ethereum network as it is still expensive and sometimes doesn't make sense anymore.
hero member
Activity: 2870
Merit: 574
Vave.com - Crypto Casino
December 06, 2021, 11:17:30 PM
#49
Hello,
Which one is more cheap for the swapping? The Binance Coin or USDT?
Thank you.
You should explain more details for your question because if we only answer globally, both Binance and USDT coins are not too high for the swapping, especially if you trade using USDT for the fee.
Using Binance coin for the fee in Binance exchange will no need to pay a high fee but that depends on how many BNB you have because some people will think that still high fee for a trading fee.
All will depend on what you want to do between using Binance coin or USDT.
If you can tell more details, I think you will get a correct answer or at least, and you will get more explanation from us.
member
Activity: 644
Merit: 10
December 06, 2021, 09:39:40 PM
#48
It is not correct to compare Stable Coin and the BNB cryptocurrency. What are your goals in the crypto industry? Fast transfers to other users - then USDT. If participation in Binance ecosystem (Launch pad, defi, etc.), then BNB.
sr. member
Activity: 1701
Merit: 308
December 06, 2021, 06:52:49 PM
#47
If you mean to sell tokens on the exchange then both coins we can use, because BNB and USDT costs are not too high then just choose according to our wishes, but this only happens on the BSC and BEP-20 networks but for erc-20 the cost we have to spend is much higher, so for now many investors who use the BSC network because the costs incurred are much lower.
hero member
Activity: 1764
Merit: 505
20BET - Premium Casino & Sportsbook
December 06, 2021, 06:18:21 PM
#46
Hello,
Which one is more cheap for the swapping? The Binance Coin or USDT?


Thank you.

With respect to affordable swapping I'd always prefer to choose bnb smartchain because it provides me fast and convenient ways of transactions. Unlike with usdt it falls with erc20 network which really gives me a headache due to expensive gas, and made my other tokens stucked in my wallet for such a long time.
I hope someday it would change another outlook for erc20 network to be improved like the past years gas fee isn't a big deal for all of us.
hero member
Activity: 1792
Merit: 507
December 06, 2021, 06:14:16 PM
#45
Hello,
Which one is more cheap for the swapping? The Binance Coin or USDT?


Thank you.

I guess it depends where you do it. Probably if you do a swap on Binance then you'll be better off using BNB. USDT is, in my opinion, still more popular (at the exchanges that I use), so I do not look at the costs themselves, but more at the practical use of them. In other words, BNB is cheaper, but USDT is more practical (at least for me).
member
Activity: 924
Merit: 11
December 06, 2021, 06:05:38 PM
#44
Hello,
Which one is more cheap for the swapping? The Binance Coin or USDT?


Thank you.

It all depends on the network, the commission for ERC-20 USDT is high, for USDT BEP20 is low, if there are opportunities then only BEP20
full member
Activity: 726
Merit: 100
December 06, 2021, 05:41:08 PM
#43
Hello,
Which one is more cheap for the swapping? The Binance Coin or USDT?


Thank you.
for swapping options it's based on your usage options. USDT or Binance have their respective advantages and disadvantages. I think this could be your choice.
bnb and usdt networks have a wide selection of exchange conversions and both are low cost in my opinion
hero member
Activity: 2436
Merit: 503
Cryptocasino.com
December 06, 2021, 05:37:54 PM
#42
Hello,
Which one is more cheap for the swapping? The Binance Coin or USDT?
Im voting for binance coin but i think that it doesn't matter whether you wanna swap it in binance or USDT as long as you can still keep small amounts of binance coin in your wallet as the transacton will need you to pay some fees. The fees on binance smartchain is relatively small and anyone can afford it right now. that's why so many traders are moving to the binance smartchain.
The fees that used to pay the swap will be the same whatever you exchange it to the bnb or USD. I think that you can also check the current fees of binance smartchain again.
It's very small. It costs less than 10 cents for any transactions.
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