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Author Topic: Tether vs True USD?  (Read 399 times)
Chemcrier
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February 11, 2019, 12:25:40 PM
 #41

Tether has proven beyond reasonable doubt a that they are here to stay, can you remember the last scandal that rocked Tether? Even with all the controversy, the price didn't change much, it was still pretty much stable, to be that is the definition of a dependable stable coin.

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CoinsOrDie
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February 11, 2019, 02:18:18 PM
 #42

To be honest, I have not used True USD before, I have been hearing if it quite alright but I have never used it, Tether is the one I have used and I can recommend it to you anyday, anytime.
Obviously, USDT is too popular and most people here use USDT in trading. I am like you when I have never used another stablecoin, I have seen a lot of stablecoin created but I only trust and use USDT because it has become a habit

Caladonian
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February 11, 2019, 02:21:54 PM
 #43

To be honest, I have not used True USD before, I have been hearing if it quite alright but I have never used it, Tether is the one I have used and I can recommend it to you anyday, anytime.
Obviously, USDT is too popular and most people here use USDT in trading. I am like you when I have never used another stablecoin, I have seen a lot of stablecoin created but I only trust and use USDT because it has become a habit
USDT already cater traders needs in terms of activity inside the exchange, this trading pairs have a good volumes and really being used by traders
who understand the benefits, price are being kept and still can be classified as stable coin, when you are not sure what to use while working with
day trading, this coin is one of those best options.
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February 11, 2019, 02:24:58 PM
 #44

To be honest, I have not used True USD before, I have been hearing if it quite alright but I have never used it, Tether is the one I have used and I can recommend it to you anyday, anytime.
Obviously, USDT is too popular and most people here use USDT in trading. I am like you when I have never used another stablecoin, I have seen a lot of stablecoin created but I only trust and use USDT because it has become a habit
USDT already cater traders needs in terms of activity inside the exchange, this trading pairs have a good volumes and really being used by traders
who understand the benefits, price are being kept and still can be classified as stable coin, when you are not sure what to use while working with
day trading, this coin is one of those best options.
USDT also one of the earliest stable coin, they also have undergo an audit done by rhe authority therefore making them more legit.
However some people said that exchanges which provide usdt always requires KYC, that actually does makes sense because they need to avoid moneu laundry.

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February 11, 2019, 03:29:28 PM
 #45

Hello everyone, I'd like to know which of these two options is best to freeze my cryptos, which of these two recommend me? Based on your experiences, what is the best? thanks in advance  Cheesy
Tether is really nothing I will ever use. I never used it and I will continue not using it. True usd is always the correct version to use.

Why would I use something that represents dollar when I can actually get dollar itself. It makes no sense to have a stable coin for something that already exists, bitcoin is not the digital version of another thing, bitcoin is what bitcoin is, tether just acts as if it was dollar when its not.

Also there was a whole news cycle about how they store their "billions of dollars" in some shady bahama bank where even the mafia puts their money in and drug dealers of Latin america as well so there is no point of trusting the tether company behind the stablecoin neither since they are shady as hell and do not look like they will continue for a long time. They may just take all the money and leave and we wouldn't be capable of doing anything since the money is offshore and untouchable. If they put all that money into some trusted countries huge bank then I will reconsider.

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deodivine1
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February 11, 2019, 03:38:00 PM
 #46

Nice question, but asking which is best between two stable coins is really not easy to make a choice. Both are good, I've been converting my portfolio to both, but most times USDT. worry not, you can convert to any since both are safe. I understand why you asked because some acclaimed stable coins are not really meeting up with their aim, but that's not the case for the ones you mentioned.
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