In a country of poor value Currency or high volatile local currency to USD , stable coin will be better to invest on otherwise it has no interest or profit.
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Tether coin is universal mad known everywhere since its the coin that we can use for a lot of exchange , most especially on the Binance exchange, in mynown opinion its a secure coin.Tether is one of the coins that is used for a lot of exchanges especially on the binance exchange. How many pairings with this coin and people tend to use it in order to secure the funds and keep it safe. The transactions fees are quite expensive with it.
However, despite this being a cryptocurrency the value is tightly linked to that of the US dollar and their forward typically operate within a one-to-one ratio.
Last year the company refused an audit which leads one to question the workings behind the curtains. Do you think that this coin will maintain its stable nature, or do you think that it is going to change in value in the future and should be avoided for investment purposes?
Are stable coins really as secure as we believe them to be?
It's adviseable to invest in anything that brings return so investing in tether is a good thing and its a popular coin because you can use it for a lot of exchanges , and it is also used on BinanceTether is one of the coins that is used for a lot of exchanges especially on the binance exchange. How many pairings with this coin and people tend to use it in order to secure the funds and keep it safe. The transactions fees are quite expensive with it.
However, despite this being a cryptocurrency the value is tightly linked to that of the US dollar and their forward typically operate within a one-to-one ratio.
Last year the company refused an audit which leads one to question the workings behind the curtains. Do you think that this coin will maintain its stable nature, or do you think that it is going to change in value in the future and should be avoided for investment purposes?
Are stable coins really as secure as we believe them to be?
It is used as a trading pair on many exchanges, and whilst that shows how much it is used, the limiting factor when it comes to investing in it is the fact that it is tied into the us dollar and therefore as a stable coin the price is unlikely to fluctuate for you to generate a profit from your investment.It's adviseable to invest in anything that brings return so investing in tether is a good thing and its a popular coin because you can use it for a lot of exchanges , and it is also used on Binance
Thanks for the information. It's wise to save up your money in USDT because it the most stable coin ever. You loose nothing since it's the same value with 1$ and whenever dollar rises it rise too and when it fall, same thing happens.
In my opinion, the only time that is great in order to be able to invest in a stable coin is during volatile period in the cryptocurrency market and if you want to secure the value of your investments.Stable coins have a different protocol that they were created from unlike the other type of cryptocurrencies out there. So yes it will maintain their stable nature with the fiat based currency they represent
investing in tether is nothing but a waste of time. the euphoria of investing in cryptocurrency is the increase or decrease in the market price of the coin which tether is not subject to, so it's just like holding moneyTether is one of the coins that is used for a lot of exchanges especially on the binance exchange. How many pairings with this coin and people tend to use it in order to secure the funds and keep it safe. The transactions fees are quite expensive with it.
However, despite this being a cryptocurrency the value is tightly linked to that of the US dollar and their forward typically operate within a one-to-one ratio.
Last year the company refused an audit which leads one to question the workings behind the curtains. Do you think that this coin will maintain its stable nature, or do you think that it is going to change in value in the future and should be avoided for investment purposes?
Are stable coins really as secure as we believe them to be?
I cant lie about what I don't know much about, because am just hearing this part of crypto currency for the first time,so if am interested in investing in it I guess I will have to do some research about it to know more.Tether is one of the coins that is used for a lot of exchanges especially on the binance exchange. How many pairings with this coin and people tend to use it in order to secure the funds and keep it safe. The transactions fees are quite expensive with it.
However, despite this being a cryptocurrency the value is tightly linked to that of the US dollar and their forward typically operate within a one-to-one ratio.
Last year the company refused an audit which leads one to question the workings behind the curtains. Do you think that this coin will maintain its stable nature, or do you think that it is going to change in value in the future and should be avoided for investment purposes?
Are stable coins really as secure as we believe them to be?
It is only people with weak and fluctuating Fiat currency can be able to benefit from investing in stable coins. We can only use it to store our fund during bearish market.Tether is one of the coins that is used for a lot of exchanges especially on the binance exchange. How many pairings with this coin and people tend to use it in order to secure the funds and keep it safe. The transactions fees are quite expensive with it.
However, despite this being a cryptocurrency the value is tightly linked to that of the US dollar and their forward typically operate within a one-to-one ratio.
Last year the company refused an audit which leads one to question the workings behind the curtains. Do you think that this coin will maintain its stable nature, or do you think that it is going to change in value in the future and should be avoided for investment purposes?
Are stable coins really as secure as we believe them to be?