Is USDT Tether safe?

[shoreno]

Stable coin is one of the greatest coin to be invested that is safe for safekeeping,

yes . come from the root word stable , means our cash wont fluctuate and wont possibly go down  . we can lessen the risk of loosing but at the same time we also loose the potential of earning huge profits .

and I think all stable coins have the same purpose,

yes all of them are the same  , the only difference is thier names  . they all serve to secure your cash value from volatility .

the only bad side of this type of coin is that value remains the same,

thats not a disadvantage but that is an advantage to some people   .

i have been trading to this currency for a quite some time and I never been encountered a problem and I could say, stable coins are the best one.

stable coins arent the best one but they can be good if you are conscious about the value of your cryptos  .

[79b79aa8d5047da6d3XX]

USDT is the most famous and most popular stablecoin in recent times, so I believe USDT is very safe and you can easily use it without fear.

[Pffrt]

It's not a big deal. It was happened previously. You know tether is a stable coin and for keeping it stable, teams need to increase the supply sometimes and burn it too. When bitcoin got a big crash, tether had to burn some coin to keep it stable. I think you have missed the point somehow. It will always be close to $1. A little bucks doesn't matter.

[tranquangvinh]

Binance and others exchanges listed many different stable coins but USDT still have the highest trading volume compared others so that mean many trader still trust Tether. But for the better choise stable coins that more legit and auditable like GUSD, PAX, TUSD.

I think it's easy to recognize that when we look at its volumes, if its volume is high, that means it's still being traded widely and safely even though there are still bad news about it

[auntyjmary]

What can I say about Tether USDT. If my memory does not change me, then I think that most of the projects today were really pumped up by the USDT, so they have already shown what they can do. But still there are big questions to the project.

The initiative to bring up a project such as tether is a laudable idea and such projects needs to be commended. Tether is very important if you are doubtful on the turnaround of the market whiles trading. We need more stablecoins to bring the interest out of people who are new to cryptocurrencies or trading activities.

[dark08]

What can I say about Tether USDT. If my memory does not change me, then I think that most of the projects today were really pumped up by the USDT, so they have already shown what they can do. But still there are big questions to the project.

The initiative to bring up a project such as tether is a laudable idea and such projects needs to be commended. Tether is very important if you are doubtful on the turnaround of the market whiles trading. We need more stablecoins to bring the interest out of people who are new to cryptocurrencies or trading activities.

Yep stable coin like Usdt tether is one of a good altcoin that has listed in so many exchange site compare to some altcoin this is also good to have especially when bitcoin is in the beasrish trend.
Its also good to trade in usdt pair compare to bitcoin pair because when bitcoin down altcoin go on the flow I dont see any problem to make Usdt tobecame scam.

[Tahdayi]

Today, the tether continues to print 250 million tether, raising the tether's market capitalization to more than $ 2.7 billion to reach the top 10 coinmarketcap. People say that every time a tether is printed, the bitcoin price increases because the tether pumped USDT onto the floor to push the bitcoin price. What do you think about this and keep the USDT safe?

Of course in 2017 there was a lot of negative news on this coin that it is stamped very quickly and is not supported by the dollar , but recently passed the coin audit and I think to use it safely, this coin I use myself about 2-3years

[landoffaucets]

For short time holding it is probably safe.
But there are more options how to stay in crypto and avoid loosing money.
Paxos or Gemini are probably the best one because they have licenses.

[jorenpo]

Today, the tether continues to print 250 million tether, raising the tether's market capitalization to more than $ 2.7 billion to reach the top 10 coinmarketcap. People say that every time a tether is printed, the bitcoin price increases because the tether pumped USDT onto the floor to push the bitcoin price. What do you think about this and keep the USDT safe?

Tether is safer than bitcoin i guess. the price is not moving and very stable. I don't see any reason why USDT turn to scam coin. It is the most popular stable coin in the market as of now.

[jan.nicolas]

I think that now the USDT will still have great success, especially when the massive investment in cryptocurrency begins. Especially now when cryptocurrencies are probably still at the bottom.

[hell_slayer]

I believe it is safe , just like any other stablecoin on cryptomarket . I mean, the concept of security in the cryptocurrency market is absolutely conditional and I personally do not trust 100% to either Tether or any other stablecoin / cryptocurrency. For long term holding I'd rather choose bitcoin than tether , but this is just my personal opinion

[karankamaze]

in my opinion Tether is very safe because it is supported by fiat and also Tether prices are more stable so you don't need to be too afraid your assets will drop low.
Tether users are also very large and that includes evidence if tether is safe.

[mv1986]

in my opinion Tether is very safe because it is supported by fiat and also Tether prices are more stable so you don't need to be too afraid your assets will drop low.
Tether users are also very large and that includes evidence if tether is safe.

That it is supported by fiat is in fact the biggest risk because you have to trust the sources that state that enough fiat is there to cover all outstanding tether.

[Wildwest]

I think it's safe, because the USDT Tether has so far been stable like the dollar. You can buy it in large quantities without fear of worry, the price will remain stable

[beeelzebub]

It wasn't safe before because bitfinex weren't transperant about the usd they were holding but after latest audit, they had really the same usd amount on their balance sheet, so it is safe it.

[Moore234]

At first I was scared of USDT tether if it was a real token or not.  But when i registered on binance Exchange and I saw I could trade with it. We all know Binance Exchange has built a reputation in blockchain industry . And it's listed in other exchanges even on Sterllar Exchange. So in my opinion it is safe.

[mv1986]

At first I was scared of USDT tether if it was a real token or not.  But when i registered on binance Exchange and I saw I could trade with it. We all know Binance Exchange has built a reputation in blockchain industry . And it's listed in other exchanges even on Sterllar Exchange. So in my opinion it is safe.

That its listed on exchanges like Binance gives it some credibility as Binance wouldn't risk to be thrown over by USDT.

[riskyron]

At first I was scared of USDT tether if it was a real token or not.  But when i registered on binance Exchange and I saw I could trade with it. We all know Binance Exchange has built a reputation in blockchain industry . And it's listed in other exchanges even on Sterllar Exchange. So in my opinion it is safe.

I agree, USDT being listed on Binance means that it`s absolutely legit. Moreover, Tron is partnering with Tether and launching USDT based on Tron blockchain. They wouldn`t have gone for it without checking everything thoroughly. So I`m sure USDT holders can sleep tight.

[xvids]

It is safe I used it before there was a gambling application with free usdt,
And I manage to win some at first I thought it was just a scam but I withdraw all of my profit and safely convert it into BTC.

[Alucard2425]

this are stable coins,i think this are safest coins in the market because they are stable in price