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Topic: Which stablecoin is the most reliable? - page 5. (Read 2001 times)

full member
Activity: 1750
Merit: 118
Only usdt is reliable for me, well I don't know what is better than usdt, probably usdc and bnb as a stable growing crypto. What are your suggestions?
I never heard of usdc but i recognize bnb but i though bnb is not a stable coin . I thought bnb is a regular crypto that is created by binance team for the purpose of their exchange  .  when it comes to stable coins , i will also go for usdt because this is the only stable coin that i recognize and usdt is actually a popular stable coin , im sure that every people that joins crypto do also recognize this coin  .
sr. member
Activity: 574
Merit: 251
You could also use TUSD(true usd) this coin reflects the us dollar price. The price of this coin playing mostly on .98 - 1 dollar only. You could also use USD coin. There are many choices for a good stable coin just look up to coinmarketcap.com and look how the value of the coin varies from the graphs shown in there.
member
Activity: 630
Merit: 10
Only usdt is reliable for me, well I don't know what is better than usdt, probably usdc and bnb as a stable growing crypto. What are your suggestions?
full member
Activity: 1008
Merit: 101
I have some time in this market.  And I want to tell you that there is no reliable and stable cryptocurrency on the market.  This is all very relative.  Today this coin can be reliable and tomorrow is gone.
What crypto you are talking about because there are so many in the market so it is very important to find out the best one, for me the good coin is bitcoin and ETH because both of them has good market value and they has potential as well, better invest in bitcoin or ETH but it will change the value price will not get stable because if higher volatility.
legendary
Activity: 2982
Merit: 1069
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?)

Every stable coins that has a fiat backup (insurance) and that fact being independently verified would make it safe to trust.
Bitfinex's tether had some controversies in the past but they had overcome most of it and are still the most popular fiat based currency to use.
Paxos standard is another good token issued by a reputable company and could be trusted.
full member
Activity: 406
Merit: 100
homt.net
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?)

USDT still $1, without USDT any other coin is not stable as I think. You can choose it if you want to use for buy other altcoin.
Altcoin will be good near after 2019. So try best research and get some.
full member
Activity: 1218
Merit: 112
There are quite a few stable altcoins that you can rely on such as Ethereum, Neo, Cardano, Ripple and Litecoin, if you invest in those there is high possibility that you would get profits in the long run. By the way, don't panic when the price drops of a good coins, it would recover again and would be profitable.
hero member
Activity: 1036
Merit: 500
I trust coinbase's USDC stablecoin. In my opinion, this is the best and most reliable stablecoin in the market, which has sufficient volumes and is supported by one of the best platforms in the cryptocurrency market. As an alternative, I would have looked to Gemini Dollar.
But you have to be much confident in making your decisions productive because whether you are investing these coins or not you must follow the right ways. The Bitcoin currently is the most preferred coin for investment as we can judge it by its price movement. As asked here Bitcoin is not stable coin but you will find the most productivity here as you have the opportunity to afford at low prices.
jr. member
Activity: 168
Merit: 2
Bcnex - The Ultimate Blockchain Trading Platform
I always use USDT because I like it very much and it always helps when it is necessary to fix profit in dollars for a while. Moreover, it is very popular and is available on almost every exchange 
full member
Activity: 448
Merit: 100
I've checked all the cryptocurrency price monitoring sites and what I see are the most reliable coins that can be relied on are GUSD (Gemini Dollar), DAI, and Paxos Standard (PAX) price changes that are not too big since it first appeared which became a reason, please check it yourself  Smiley
Of course, there are a lot of stable coins in the cryptocurrency market, but not all users of cryptocurrencies have the same relationship to all these coins.  I believe that all the same, and USDT or trueUSD are the most popular, because this is what the capitalization of these coins says.
full member
Activity: 1414
Merit: 228
Omicron is another FUD
I've checked all the cryptocurrency price monitoring sites and what I see are the most reliable coins that can be relied on are GUSD (Gemini Dollar), DAI, and Paxos Standard (PAX) price changes that are not too big since it first appeared which became a reason, please check it yourself  Smiley
hero member
Activity: 1358
Merit: 509
IMO stable coins that are fully backed up with USD are safer. USDT is also the most widely used stable currency, but in the last days made wrong second time. To me, GUSD should be tried.
sr. member
Activity: 1162
Merit: 258
1xbit.com
I think there is no stable currency. All currencies are subject to change at any moment because of news or events, so it is always preferable to use dollar currencies or FIAT
yes indeed there is no stable coin, but surely a coin will experience that stability. it could be that stability lasts a long time, yes this is the world of cryptocurrency sometimes difficult to predict. but now many coins are starting to see its stability.
sr. member
Activity: 2506
Merit: 368
I am not that fan with stablecoin as I am a fan with crypto currencies and almost all the crypto currencies price will go down easily and vice versa.

Cosidering USDT a stable coin is not a good idea because it's price is not that stable but if you are really looking for a stable coin then only fiat is a very good option for you as of now. I cannot assure you that you can find a better stablecoin in the crypto currencies as what I have observe so far.

Fiat vs crypto? I would rather choose crypto since the price would radically change in time than fiat which is a stable one and it doesn't get you much in the future if you have a low capital to invest it. People should not be looking for a stable coin since it is not a good idea to invest it in the long run, they should find way more volatile. Although one of the best examples is investing in Bitcoin.
hero member
Activity: 1932
Merit: 506
Betking.io - Best Bitcoin Casino
I am not that fan with stablecoin as I am a fan with crypto currencies and almost all the crypto currencies price will go down easily and vice versa.

Cosidering USDT a stable coin is not a good idea because it's price is not that stable but if you are really looking for a stable coin then only fiat is a very good option for you as of now. I cannot assure you that you can find a better stablecoin in the crypto currencies as what I have observe so far.
sr. member
Activity: 1153
Merit: 252
I think there is no stable currency. All currencies are subject to change at any moment because of news or events, so it is always preferable to use dollar currencies or FIAT
hero member
Activity: 2968
Merit: 605

there is no 100% security I liked tether but given the recent bad news I would say that my new favorite stable and trueusd, even the future rockz promises well...
Ucy
sr. member
Activity: 2632
Merit: 403
Bisq is a Bitcoin Fiat Dex. Use responsibly
Quote
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?)


The most reliable ones in my opinion are those that can't be easily censored, taken down nor manipulated. Most Centralized stable are easy to use but they lack this important features


To be honest with you, I could leave my funds on decentralized stablecoin built on a reliable Blockchain like Bitcoin for many years without fear of losing it
hero member
Activity: 784
Merit: 502
In my opinion, a reliable coin is BCH. because BCH prices are very stable on the crypto market. even the increase in BCH prices continues to rise so rapidly.
I agree with you the bch will definitely been impressive for everyone in Crypto market and their stability with the development will always important for a stable coin and it doing this now.
member
Activity: 644
Merit: 10
Still usdt is still reliable knowing the issue with Bitfinex. I will still convert some of coins in usdt as it is available in almost all exchanges. But, I'm looking to get interested in DAI and USDC as my next stable coins.
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