Topic: Which stablecoin do you trust the most? (Read 1124 times)
Best stable coin usdt for me because i can make trading for it. Otherwise you can convert others currency to like USDT. Do you know usdt very helpful currency for a trader who come here in the crypto market. Although if you want tech trading then i would like best benefits currency usdt stable coin. However you can buy bought new coin for spreading your stable like usdt currency.
Hey guys,
I plan on selling some of my altcoins in the near future. Instead of converting it to fiat, I will rather convert it to BTC and stablecoins. I hear a lot of concerns regarding USDT, which is why I want to ask you guys what stablecoin you prefer to hold?
Thanks in advance.
I also think so, but over time I realized that no one can overthrow such a giant as USDT. If you have 1000 USDT I think they don't give a damn about them, because they have billions, if they start blocking then hundreds of thousands of people will suffer, I don't think the USDT team is ready for this. But if you want maximum security, then it's better to keep it in DAI. I plan on selling some of my altcoins in the near future. Instead of converting it to fiat, I will rather convert it to BTC and stablecoins. I hear a lot of concerns regarding USDT, which is why I want to ask you guys what stablecoin you prefer to hold?
Thanks in advance.
You can choose BUSD for stablecoins, besides having high liquidity, BUSD has many pairs on the Binance Exchange, besides that BUSD can also be exchanged for fiat money via p2p exchange on the Binance platform.
USDT is incorporated, can be frozen and not 100% supported with genuine USD fiat, so it will be more risky to hold instead of USD. Despite the fact that it's on top 3 market cap and has numerous holders, however the two of them aren't assurances to say it's protected.
It is like using dollars itself because it can be tracked and frozen if they think you are wrong or anything suspicious is found. I am not indulged in any illegal means but this control over cryptocurrencies and addresses kills the purpose for which bitcoin was made.I just hodl a banch of usdt because i know that every exchange support it
Doesn't make any sense at all to me about holding a stable coin because the value is going to remain the same and what benefits are you going to get by holding it for years I can't really guess. Are you staking them and earning interest? If that's the case it makes proper sense but otherwise its quite perplexing.The cost is extremely unpredictable right now, so it's smarter to purchase more modest sums throughout a more drawn out timeframe than to simply purchase at the same time. I think USDT keep stable and have potential greater cost depend how world circumstance, perhaps when get uplifting news usdt can get sway more exorbitant cost albeit few percent however more strength to keep stable on more exorbitant cost.
No matter how bullish the market gets, the value of the stable coin is going to remain the same in case you are expecting any kind of price changes in stable coins.Yes if the dollar itself does well like your country's currency goes down in terms of USD then you will benefit because you get more fiat for the same USDT you hold. That's the only positive I can think of holding USDT.
I chose USDT as a trusted stablecoin, because USDT volume is higher than Bitcoin volume. This is enough as the reason I make USDT a trusted
stablecoin compared to other stablecoins. After all, USDT has long been a stablecoin that has always been in the top 5 cryptocurrencies, this is
another proof that the demand for USDT is indeed quite high. Therefore, until now I am still actively using USDT as a trading pair, because USDT
can be used to store the profit I get when trading, sometimes I also use USDT to avoid volatile markets.
stablecoin compared to other stablecoins. After all, USDT has long been a stablecoin that has always been in the top 5 cryptocurrencies, this is
another proof that the demand for USDT is indeed quite high. Therefore, until now I am still actively using USDT as a trading pair, because USDT
can be used to store the profit I get when trading, sometimes I also use USDT to avoid volatile markets.
Hey guys,
I plan on selling some of my altcoins in the near future. Instead of converting it to fiat, I will rather convert it to BTC and stablecoins. I hear a lot of concerns regarding USDT, which is why I want to ask you guys what stablecoin you prefer to hold?
Thanks in advance.
BUSD, DAI & USDT are great...I plan on selling some of my altcoins in the near future. Instead of converting it to fiat, I will rather convert it to BTC and stablecoins. I hear a lot of concerns regarding USDT, which is why I want to ask you guys what stablecoin you prefer to hold?
Thanks in advance.
The three stable coins that I wrote above are very good but you will lose a lot if you only hold the third without generating passive income from the three. I suggest you use the features provided by Binance, you can take advantage of the BUSD, DAI & USDT liquidity pool provided by Binance. so far it has been in my favor because it has given me a share of the rewards from a sizable pool of my capital.
I will go for BUSD as it is secure in my opinion.
Even if we say, Binance collapses or any hacking incident that they may face in the future.
Your funds are secure because of their insurance on this platform, what you call SAFU.
With USDT, somewhat not comfortable with this because we don't know the absolute truth of their assets.
The stable cryptocurrency busd that I trust most. Because all my investments are on the binance exchange. If anything happens to binance, all coins will be affected.
Hey guys,
I plan on selling some of my altcoins in the near future. Instead of converting it to fiat, I will rather convert it to BTC and stablecoins. I hear a lot of concerns regarding USDT, which is why I want to ask you guys what stablecoin you prefer to hold?
Thanks in advance.
BUSD, DAI & USDT are great...I plan on selling some of my altcoins in the near future. Instead of converting it to fiat, I will rather convert it to BTC and stablecoins. I hear a lot of concerns regarding USDT, which is why I want to ask you guys what stablecoin you prefer to hold?
Thanks in advance.
The three stable coins that I wrote above are very good but you will lose a lot if you only hold the third without generating passive income from the three. I suggest you use the features provided by Binance, you can take advantage of the BUSD, DAI & USDT liquidity pool provided by Binance. so far it has been in my favor because it has given me a share of the rewards from a sizable pool of my capital.
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I had used USDT long time ago a bit, but good thing I just held it for a short amount of time because now I heard that there are stablecoins being frozen even in their own wallet.Right below you OP, there's a reply of Jawhead999 and it pretty much sums up what stablecoins you need to use.
I think I'll follow with DAI now.
In my personal opinion, USDT is the best stable coin. USDT on trc20 is very popular at this time. Low transaction fee and super fast transaction. Day by day people are getting engaged on USDT.
Yeah, until the Ethereum 2.0 comes things are looking bleak on the ethereum blockchain and while tron is a good alternative, there are huge number of coins been made on ethereum so people are going to suffer for sometime.As far as stable coins are discussed, I think the Binance stable coin BUSD is the best option right now because although Tether USDT has a great volume but they never look transparent the way they operate and most of the traders use Binance so it makes sense to use their own stable coin. Frankly speaking none of these centralized stable coins impress me too much but that doesn't mean I don't use them because I have to at times and there ain't any good decentralized stable coins out there.
stablecoin is used to exchange crypto to fiat when someone is not transacting and doesn't want to lose their money so they exchange it to fiat until they want to enter the market again for now I use USDT and BUSD for the stabelcoin that I use because I often also make transactions on bsc so BUSD is the most appropriate choice.
TrueUSD (TUSD) is, in my opinion, much more reliable than USDT. The currency is also supported by the dollar. Moreover, the creators of the coin support a transparent policy and when passing systematic checks, questions about TrueUSD do not arise.
Although many more accustomed to trusting Tether, I think the popularity of USDT is well deserved. Although the name of this coin has been mentioned more than once in the context of various scandals, Tether remains the most popular stablecoin on the market.
I think there are not very many special differences between the two famous coins.
Honestly speaking there are lots of stable coins in the cryptomarket, but if you ask my opinion then I'll go with USDT. USDT is the only stable coin in the crypto world. Easy to buy & sell, best coin for trading, investors make huge money with it. Personally, I invested in USDT and fully satisfied with it.
My most favourite stable coin is USDT. Because it is on TRON blockchain. And Tron blockchain is very fast, less cost etc. USDT coin is also a very old coin. And its market capitalization is also very good.
If we use USDT TRC-20 blockchain it has a very minor transaction fees.
If we use USDT TRC-20 blockchain it has a very minor transaction fees.
despite many rumors about USDT but until now I have trusted USDT as the easiest way to secure assets when there is storm like now, and among USDT erc20 I prefer the Trc20 version because of the lower costs when send to wallet
USDT is a very good stablecoin for those who want to minimize their losses when the cryptocurrency market falls, as well as to lock in their profits. when Bitcoin and Ethereum reach their maximum historical level, then it will be possible to sell them for sure for USDT. Even today, when the cryptocurrency market has fallen by an average of 20% over the past 24 hours, the capitalization of USDT has grown instantly, because people use the power of the stablecoin to preserve their capital.
I think most people are using USDT for now, so I kept some of my assets in USDT. at this time I also use it because many people use it, so I feel that USDT is much safer than other stable coins even though I have heard a lot of negative news from USDT.
I am completely agree with you. I think it is safer to hold our asset in USDT. Because in the current volatile market condition if you hold another coin the price can dump at any time. On the other hand, the value of USDT is a lot of fix like $1.0-0.99. In some Crypto exchanges, the transaction of USDT Tron chain is completely free like Binance, Kucoin, Bithumb Global etc. 
Once thing I dont understand - if there is USDT, who use other stable coins and why they are even created? Still dont understand real difference between USDT/USDC/BUSD/TUSD. Their exchange rate to US dollar is 1:1 or 1:1.01. Also dont understand why one exchange could support several such stablecoins. In general, they are all USD. Why not just have single stablecoin for all purposes ?
Yes, usdt is the most stable coin in the crypto-currencies world which is also help to me, because at present, we see almost 99% of crypto-currency is downs the market, but few coins like usdt and usd coin are still holding their position.
The cost is extremely unpredictable right now, so it's smarter to purchase more modest sums throughout a more drawn out timeframe than to simply purchase at the same time. I think USDT keep stable and have potential greater cost depend how world circumstance, perhaps when get uplifting news usdt can get sway more exorbitant cost albeit few percent however more strength to keep stable on more exorbitant cost.
wtf? isn't USDT is a stablecoin meaning doesn't matter how cryptocurrency market moves its value gonna stay the same? even if there's high and low on their chart the it will eventually go back again to $1 value in no time.
usually, the increase occurs in the exchange rate with the currency in the country. the value will always equal 1; 1 to USD. unfortunately, has he heard or read about the bad USDT issue on the Ethereum chain? Jump to: