Is USDT Tether safe?

[Iyeman]

You can only rely on information that can be found on the Internet today. Today, the USDT project has not a bad reputation despite the fact that it has not yet passed an official audit. Therefore, today I can say that they have long been on the market and this is an indicator.

It should be on the middle, it's not so bad as a coin while at the same time it can't be considered as a good coin too. you can see that how tether company was doing various thing to avoid the audit and it's something fishy for me.

[yescrypto]

I think is high time you need to believe that nothing is safe online as they're all risk, it is safe since everyone make use of it and can't be safe if something worse happens in the future. So use it when you are in need of it no one cares if you do or not. We'll are not safe either.

[matchi2011]

You can only rely on information that can be found on the Internet today. Today, the USDT project has not a bad reputation despite the fact that it has not yet passed an official audit. Therefore, today I can say that they have long been on the market and this is an indicator.

It should be on the middle, it's not so bad as a coin while at the same time it can't be considered as a good coin too. you can see that how tether company was doing various thing to avoid the audit and it's something fishy for me.

It's been use for taking chances while dealing with short term trading, some who see opportunities to short pairs that have a good potential to move
fast and bring some good rise, but like what many have said, it's still in a neutral position where it can't be good for holding but not bad to keep your
investment less in risk when sudden downfall is happening inside.

[LUCKMCFLY]

I think that if it's safe, it's an additional way to keep money, there's no problem about them, I've rarely seen volatility in USDT or Tether, and if there is, it usually recovers quickly.

[FaucetKING]

This is an old thread, i don't know why peoples keeps bumping old threads. In general, I consider Tether as one of the Bad stable coins, they aren't having a benefit to the crypto ground and this shitty asset will come to an ending soon or late. Trust is something serious and necessary and these companies doesnt have a good trust.

[VieleSind]

USDT is currently safe and people still use it every day. In the past there were some FUD for USDT but everything was solved and no big problems happened

As I know, USDT is a stable coin and always fluctuate around $1. And I think if the market goes down, convert your crypto to the stable coins is the best way to avoid the loss of money. This market now has a lot of stable coins, and you should consider carefully to invest in it.

[igor.vanyutin.83]

For sure it is still safe. However they are doing some strange things like burning a lot of tokens and releasing the same amount after several weeks. But this is still the most trusted and popular stable token on the market.

[chanc3r]

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?

USDT has proven to be very dependable in the last few years and its one of the few hopes cryptocurrency enthusiasts cling to amidst the volatilties. I hope it remains stronger

It is like asking a dollar to remain valyues at a dollar. USDT is basically a dollar digitalized that is why it is backed up by dollar and the value ofcourse will remain $1 why are you talking and hoping that usdt will keep strong while infact it is obvious that the value will still remain the same.

[desticy]

You can only rely on information that can be found on the Internet today. Today, the USDT project has not a bad reputation despite the fact that it has not yet passed an official audit. Therefore, today I can say that they have long been on the market and this is an indicator.

And Tezer will be very scrupulous to monitor his reputation, because before there were not so many styab koin as now, the slightest mistake on the part of the Tezer and everyone will go to his competitors.

[Alohadanc3]

I am not sure about this thing. I am using usdt for a long time. And I never faced any kind of problem with tether. But suddenly the news spread that usdt has something which is not ear. Every stable coin in the market is backed by something but usdt is not backed by by anything. And they print tether whenever they want. First I didn't mind anything at first. Then I realised that suddenly all centralised exchange start to list many kind of stable coin. So I started to think that something that really happens to usdt. But I am still not sure.

[susuberuang]

For sure it is still safe. However they are doing some strange things like burning a lot of tokens and releasing the same amount after several weeks. But this is still the most trusted and popular stable token on the market.

I don't think this is anything strange, this can be said as one of their strategies to make tokens can be expensive, because if you still have a large number of tokens and it is still easy to get them then it will only make the price cheap.

[Mmesooma1]

USDT has proven to be very dependable in the last few years and its one of the few hopes cryptocurrency enthusiasts cling to amidst the volatilties. I hope it remains stronger

[jumiapaul]

I once read an article about the irregularities of the tether and how it's been employed as a pyramid scheme, but  I still believe its very useful in check mating the volatility of cryptocurrency space. The tether has been very useful in reducing or eliminating the losses which would have been suffered by bitcoin and other cryptocurrencies holders. Its has been able to bring about some level of stability in the cryptosphere.

[Jrfranco]

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?

Stable coin is one of the greatest coin to be invested that is safe for safekeeping, and I think all stable coins have the same purpose, the only bad side of this type of coin is that value remains the same, 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.

[SarangWallet]

It never been stable but would be great if you do switch up your assets with USDT if theres a market crash.

Yes. The USDT price is very stable, while other digital assets are down. I think that USDT is a USD that is traded in the form of a digital asset.

[HichemFetoui]

recently i saw a post that announces that you can right now redeem your usdt token and withdraw them to your bank account but i think dai is way more superior to tether

[mrdeposit]

recently i saw a post that announces that you can right now redeem your usdt token and withdraw them to your bank account but i think dai is way more superior to tether

Tether is better for its volume, otherwise I would not want to use it. Because it is every moment possible to deceive people. Instead, the currency backed by the USD should be given superiority.

[sedahan13]

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.

[beachbummer]

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.

Agree that this is very sound advice. There has been too much negative news about USDT and one wonders that there is no smoke without a fire.

[laguseklik]

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.

Agree that this is very sound advice. There has been too much negative news about USDT and one wonders that there is no smoke without a fire.

USDT listed on more market exchanges than others stable coins, that's why it has highest trading volume and marketcap compared to others. most of traders have no choice to trade another stablecoin