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?)
this is the world of cryptocurrency, whatever stable a coin can certainly go down, if you want your money to be stable you have to convert it to fiat
Topic: Which stablecoin is the most reliable? - page 7. (Read 2023 times)
I prefer USD Coin (USDC) than Tether because of its governance. IMO Coinbase is more trustable than Bitfinex since it compliance with US regulations. You can exchange 1 USDC to 1 USD in Coinbase.
In fact, I have not used any stable coins so far. Nor have I invested in it so far. And I do not see any benefit in investing in stablecoin as they are usually constant in price. Their price neither increases nor decreases. I think, they are there for those who want to store their money in stablecoin and use to purchase other coins wherever they want. So it does not work for me at least at this time of period.
Few altcoins that have prices around $1 have stable prices such as USDT or Stellar, but certainly not every time their market experiences stable prices, because market conditions sometimes change.but I want to ask, what do you expect from the stablecoin market? safely? oh dude, if you want to find safely investment then crypto is not the place, the price of each coin will definitely fluctuate sometimes
I have only used DAI and when i sell it i get rate of 98c-$1. That's stable enough for me.
It's collateralized by Ether.
It's collateralized by Ether.
if you want stablecoin for investment just pick ethereum or bitcoin, because ethereum and bitcoin have establish position and make it low risk to investment
Actually, stability of digital asset's prices is one of the criteria to go mainstream for these coins. But, as of now no coin meet that criteria because prices are based on speculations.
I think you m8ght be referring stability to "continuous rise" or "sure profit". If you're referring to that, it's BTC.
I think you m8ght be referring stability to "continuous rise" or "sure profit". If you're referring to that, it's BTC.
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 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?)
For me, I think USDT is the most reliable stable crypto coin. The lowest I have seen its price drop was around $0.98. Its price normally ranges between $1.01 to $0.98 from my personal observations. I consider it as one of my stablecoin to trade against.
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 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?)
For me, the most reliable stable coin which is a reserve in the bank how much printed in official ways. This is the most discussed issue for Tether. I think the biggest problem for Tether also.
I realise that the lingering issues with bitfinex problems may adversely affect it. In times like this, considering the unpredictability of cryptocurrency, you might want to chose pax or USDC. They both have over $1b daily trade volume and are both stable coins
The stabecoins on the market are quite a lot, and USDT seems the best. There have been disruptions in the price, but as far as the volume is concerned, it did not affect much. Also, you can check GUSD instead, it looks like something good.
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 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?)
Maybe you can read this articles for the stable coin 6 Best Stable Coins to Look Forward to in 2019 - All Hot & New Stable Coins
based on that article there are 6 coins
- Tether (USDT)
- TrueUSD (TUSD)
- MakerDAO (DAI)
- Paxos Standard (PAX)
- Gemini Dollar (GUSD)
- USD Coin (USDC)
I don't think is good to keep your money on USDT, better if you can send directly EUR or USD to exchange then to hold your funds on USDT, there is a lot of complain that USDT not have backed up their all coins with real USD.
and the one thing that the holder needs to be careful when they send the token because usually they will accidentally deposit to wrong address like many accidents before
I don't think is good to keep your money on USDT, better if you can send directly EUR or USD to exchange then to hold your funds on USDT, there is a lot of complain that USDT not have backed up their all coins with real USD.
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 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?)
From my knowledge, USDT is the most used stable coin in cryptocurrency.
But if you don't want to use it, i suggest you to using DAI stable token, it is an Ethereum token, but the value is same as USD.
When that actually happened when USDT dropped to $0.85?
I haven't seen it dropped with that price and even checked the chart but found nothing.
Most of the stablecoins can drop with that price since you have thought of it already.
just convert it to USD if you had some doubts with stable coins now.
I haven't seen it dropped with that price and even checked the chart but found nothing.
Most of the stablecoins can drop with that price since you have thought of it already.
just convert it to USD if you had some doubts with stable coins now.
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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.
You spammer! Go to hell out of here.BCH is a stablecoin?
OP, I think USDC is the best stablecoin although I never used it. I discourage you to use stablecoin.
Personally, i don't trust any stablecoin. Just using them to avoid, short term dumps.
Unless they show their bank statement daily, i won't trust any of them.
Unless they show their bank statement daily, i won't trust any of them.
There is not a great choice of stable coins to choose from if you ask me. Let's see which ones are the most popular:
Tether, USDT,
TrueUSD, TUSD,
PAX Standard Token, PAX
MakerDAO, DAI,
USD Coin, USDC,
Digix Gold Token, DGX,
StableUSD, USDS
Gemini Dollar, GUSD
Some of them may be better than others, but, honestly, I wouldn't trust any of them long term.
Tether, USDT,
TrueUSD, TUSD,
PAX Standard Token, PAX
MakerDAO, DAI,
USD Coin, USDC,
Digix Gold Token, DGX,
StableUSD, USDS
Gemini Dollar, GUSD
Some of them may be better than others, but, honestly, I wouldn't trust any of them long term.
There will never be a stable coin in the world of digital currency. all Coin will experience price changes and it always happens at any time. it is at this position that we all find momentum to gain a number of benefits. so there will never be stable coins because all coins are influenced by all of us and according to the factors of the request of the coin users.
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?)
There is no guarantee with the stable coins,you should know the risks before having stable centralized coin under your wallet.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?)
But if you ask me I will use USDC or USDT if there is any need to use stable coins.
Go for the highest market cap / volume stablecoin that isn't fraudulent, such as USDC or TUSD. The others are ok, but too low liquidity in my opinion.
Even the BTC/USDC pair on Binance had a 1 minute candle wick from $6.6K to $6K (10%!) so be careful using stop losses with lower cap stablecoins.
Even the BTC/USDC pair on Binance had a 1 minute candle wick from $6.6K to $6K (10%!) so be careful using stop losses with lower cap stablecoins.
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