Which stablecoin is the most reliable? - page 2.

TanakabZX

member

Activity: 504

Merit: 16

Quote from: kanayaTabitha on October 30, 2019, 07:20:07 AM

When stablecoins like USDT drops to 0.85 maybe it's because the dollar itself is increased (IMO) and also even it's USDT refers to USD value, USDT is still a cryptocurrency that the price can be pump and dump. So, it's better to hold the real fiat if we want to hold a coins that won't up and down. I think most exchange right now had fiat currency pair like an exchange in my country indodax, it has fiat pair which is indonesian rupiah

I haven't seen a fake stable coin in crypto space, maybe its because building them can't fetch scammers money but its better to use popular or old stable coins, reliable ones are
1. PAX
2. Qusd
3. TUSD
4. USDC
5. MAKER

GGmith

jr. member

Activity: 394

Merit: 1

my answer is simple, if you want to use stable coins for investment then you can invest in USDT and USDC. As far as I know it is a stable coin and there may be many other stable coins, but you must remember that stable coins will not give you a return on investment, only stable coins Can protect you from losses when the market is in bad condition.

Arkann

full member

Activity: 714

Merit: 104

Quote from: nelson4lov on October 31, 2019, 02:13:37 PM

Quote from: Greatchu on October 31, 2019, 01:48:34 PM

Bitcoin and ETH is the most reliable coins to me, if i have to add any alternatives it will be vechain and bnb token, either ways just make sure that the coins you want to invest in have what it takes to gain investors and this can't be accomplished without real use cases or real life working products

The topic of discussion is mainly about stable coins like USDT, USD coin, PAX and others and not Cryptocurrencies in general .

Quote from: Drai on October 31, 2019, 11:45:05 AM

Whenever I hear the word "Stablecoin", the first name that comes to mind is Tether but they have been embroiled in some hit messes in the past and this has reduced my love for them.. however I think the best stablecoin right now is USDC, it's the Stablecoin I have been using consistently for months now with non-issue and I love the fact that it's exclusively an ethereum based token, unlike tether that is in multiple blockchains and one could easily make a mistake and withdraw to the wrong one.

Tether has always been my goto coin if I want to use to keep a part of my portfolio in USD value. Although they've their own hurdles especially with regulatory bodies but it's still the largest and most widely used Stable coin till date. USDC is cool. I've used it a couple of times myself but at the end of the day, I always end up using USDT.

There are quite a lot of stable coins on the cryptocurrency market, although most do not inspire great confidence, but I also trust only those that are backed by real currencies. In this case, it is USDT that is the best choice for storing its assets in cryptocurrency equivalent and also the best choice for avoiding losses during the fall of the cryptocurrency market.

nelson4lov

hero member

Activity: 2212

Merit: 805

Top Crypto Casino

Quote from: Greatchu on October 31, 2019, 01:48:34 PM

Bitcoin and ETH is the most reliable coins to me, if i have to add any alternatives it will be vechain and bnb token, either ways just make sure that the coins you want to invest in have what it takes to gain investors and this can't be accomplished without real use cases or real life working products

The topic of discussion is mainly about stable coins like USDT, USD coin, PAX and others and not Cryptocurrencies in general .

Quote from: Drai on October 31, 2019, 11:45:05 AM

Whenever I hear the word "Stablecoin", the first name that comes to mind is Tether but they have been embroiled in some hit messes in the past and this has reduced my love for them.. however I think the best stablecoin right now is USDC, it's the Stablecoin I have been using consistently for months now with non-issue and I love the fact that it's exclusively an ethereum based token, unlike tether that is in multiple blockchains and one could easily make a mistake and withdraw to the wrong one.

Tether has always been my goto coin if I want to use to keep a part of my portfolio in USD value. Although they've their own hurdles especially with regulatory bodies but it's still the largest and most widely used Stable coin till date. USDC is cool. I've used it a couple of times myself but at the end of the day, I always end up using USDT.

Greatchu

member

Activity: 490

Merit: 10

Bitcoin and ETH is the most reliable coins to me, if i have to add any alternatives it will be vechain and bnb token, either ways just make sure that the coins you want to invest in have what it takes to gain investors and this can't be accomplished without real use cases or real life working products

JeffBrad12

hero member

Activity: 2898

Merit: 529

Leading Crypto Sports Betting & Casino Platform

Quote from: Drai on October 31, 2019, 11:45:05 AM

Whenever I hear the word "Stablecoin", the first name that comes to mind is Tether but they have been embroiled in some hit messes in the past and this has reduced my love for them.. however I think the best stablecoin right now is USDC, it's the Stablecoin I have been using consistently for months now with non-issue and I love the fact that it's exclusively an ethereum based token, unlike tether that is in multiple blockchains and one could easily make a mistake and withdraw to the wrong one.

Maybe the multiple blockchain of USDT could be a double edged sword however it's a good thing to have multiple blockchain so that when the Ethereum blockchain is too overcrowded or having too expensive required gas we could just use the other blockchain however with the downfall of ICO it seems that Ethereum blockchain is not going to be overcrowded anymore so it seems better to have single blockchain.

Despite the problem USDT faces that's informed through the media. I still find USDT among the most reliable stablecoin simply because it's already there for so long time, maybe because it just works.

Drai

sr. member

Activity: 567

Merit: 270

Whenever I hear the word "Stablecoin", the first name that comes to mind is Tether but they have been embroiled in some hit messes in the past and this has reduced my love for them.. however I think the best stablecoin right now is USDC, it's the Stablecoin I have been using consistently for months now with non-issue and I love the fact that it's exclusively an ethereum based token, unlike tether that is in multiple blockchains and one could easily make a mistake and withdraw to the wrong one.

nomenclatur

sr. member

Activity: 1344

Merit: 250

I think buying usdt now becomes the first choice for all traders who make usdt asset of choice. usdt stable clear that until now has been quite effective in improving the asset and traders are more trusted by usdt stablecoin cryptocurrency worldwide have the option to create stable and secure assets for all traders.

Jorge158

member

Activity: 434

Merit: 10

Quote from: Dpat on October 30, 2019, 03:29:12 AM

The only stable coin you can only trust upon is the USDT and the TrueUSD but rather investing in this real stable coin you should invest in BNT which is looks like a stable coin and there is no maximum volatile seen. Hence whenever the bull market come then this coin will give you maximum profit.

Well, I don't invest in stable coins because stable coins do not yield any profit even after holding for years. Stable coins are rather for stopping losses especially when the market trend becomes so unpredictable or when the prices begin to fall. It is good to invest in other coins with good prospects to yield profits than to keep all funds in a stable coin.

Khuongcute2503

jr. member

Activity: 256

Merit: 2

Quote from: karsyla on May 12, 2019, 08:52:37 AM

Hello,

I have never really used stablecoins so far, my question simple:

Which stablecoin is the real stablecoin and can be trusted? USDT always seemed like an option but they had that issue when the price suddenly dropped down to 0.85, which makes me trust them less.

Is there a stablecoin to which you can put your funds and be sure that you will get back what you put? (I know it cannot be 100% guarantee, but which according to your opinion is the best?)

I think the most stablecoin stability is USDK. This is the coin issued by OKex exchange, the No. 1 exchange of the current world. Actually, OKEx has a huge ecosystem. I think they will grow very strongly and not arbitrarily minting money when there is no guarantee money similar to USDT

btcdie

sr. member

Activity: 784

Merit: 251

Quote from: ?? on ??

Quote from: shadowdio on October 30, 2019, 03:24:56 AM

There are many stable coins in the market, but I still stick USDT.. I don't have any problem with it so this is the most reliable stable coin for me and I think most of the exchanges has USDT so it is trusted stable coin.

I also every time secure the value of assets using USDT, USDT seems the safest for stable coins even the largest volume of crypto is USDT, beating the volume of bitcoin.

for the issue of the volume of the USDT is no longer in doubt, even beating other coins. It is true that USDT can save our assets, even when coin prices plummet (can be called Bearish). OP said looking for the most stable coin on the market, the USDT could fall at the price of 0.85 and it fell by around 15%. I think it's best to exchange it for the most effective fiat money when the market trends go down.

kanayaTabitha

sr. member

Activity: 980

Merit: 252

When stablecoins like USDT drops to 0.85 maybe it's because the dollar itself is increased (IMO) and also even it's USDT refers to USD value, USDT is still a cryptocurrency that the price can be pump and dump. So, it's better to hold the real fiat if we want to hold a coins that won't up and down. I think most exchange right now had fiat currency pair like an exchange in my country indodax, it has fiat pair which is indonesian rupiah

Dpat

copper member

Activity: 798

Merit: 3

The only stable coin you can only trust upon is the USDT and the TrueUSD but rather investing in this real stable coin you should invest in BNT which is looks like a stable coin and there is no maximum volatile seen. Hence whenever the bull market come then this coin will give you maximum profit.

shadowdio

sr. member

Activity: 1876

Merit: 289

Zawardo

There are many stable coins in the market, but I still stick USDT.. I don't have any problem with it so this is the most reliable stable coin for me and I think most of the exchanges has USDT so it is trusted stable coin.

cotton ball

sr. member

Activity: 1288

Merit: 253

Quote from: karsyla on May 12, 2019, 08:52:37 AM

Hello,

I have never really used stablecoins so far, my question simple:

Which stablecoin is the real stablecoin and can be trusted? USDT always seemed like an option but they had that issue when the price suddenly dropped down to 0.85, which makes me trust them less.

Is there a stablecoin to which you can put your funds and be sure that you will get back what you put? (I know it cannot be 100% guarantee, but which according to your opinion is the best?)

Bitcoin look stable altcoin so far with the same price and have chance to get profit than altcoin, stable price of bitcoin make many people most interested investing with bitcoin than have make investing with altcoin, they want to get much profit with stable coins like bitcoin and keep waiting for altcoin season come for trading, still have moment when altcoin season come because today altcoin price still look down.

joinfree

sr. member

Activity: 1246

Merit: 260

1A6nybMUHYKS6E6Z3eJFm4KpVDdev8BAJL

Most of the stable coins out there don't have enough real assets backing the issued tokens and this is why their price fluctuates to a higher extent sometimes. Tether's price I have been using TUSD for quite sometime now and i think it's good to use as it's price is very stable even in the highest fluctuation of the crypto market.

Jorge158

member

Activity: 434

Merit: 10

To me, the most reliable stable coin on the market is USDT, thus Tether. That is the only stable coin ranked number 5 among the top 100 coins on the market. It has served the purpose of safe haven for many investors even in the bearish of markets such as the long term bear market in 2018.

Viscore

hero member

Activity: 3164

Merit: 660

Live with peace and enjoy life!

Quote from: altcoinEra on October 29, 2019, 04:30:03 PM

Quote from: ?? on ??

Guys, is GRAM a stable coin? I ve invested some money into it, not sure about the future

As I see it's not that stable, SEC put a strain on it. Real strain, but now the price is better and there is a future no doubt, how long ago have you bought GRAM?

There are really no stable coins in this crypto market because all coins are subject for price changes. Other coins may have an edge from others but there will be no coins that will be called stable since the crypto market itself is highly volatile. Bitcoin may dominate the whole crypto market but we all know that it will never be stable in its price even in the years to come.

altcoinEra

newbie

Activity: 140

Merit: 0

Quote from: ?? on ??

Quote from: altcoinEra on October 29, 2019, 04:56:43 PM

Can I buy with ETH? Or BTC?

Yeah, there are many options and sure, all main coins, currencies and FIAT.

Interesting, thanks!!

altcoinEra

newbie

Activity: 140

Merit: 0

Can I buy with ETH? Or BTC?

Topic: Which stablecoin is the most reliable? - page 2. (Read 2001 times)