Is USDT Tether safe?

[sends1]

I think it's safe, because the price is also very stable. even if the price drops not as bad as coins / other tokens

[jvdp]

I think it's safe, because the price is also very stable. even if the price drops not as bad as coins / other tokens

When the price bumping on other volatile cryptocurrencies that time you should not choose the USDT as your main option for the conversion or hodling. Always bitcoin and Ethereum are the best coins to choose and make the investment.
When there is slides starts again in the market, may be that you can choose any stable coins. Like this USDT, there are plenty of stablecoins available in the marketplace.

[2tang]

if theter can have a good impact on bitcoin then I think that is a good thing because in my opinion most of the crypto value is also influenced by the value of bitcoin so the higher the value of bitcoin, the more coins will have a high value, even though all depends on the coin itself but we cannot ignore the fact that bitcoin is a carrier of trends, so if we have to choose to sacrifice the value of USDT or bitcoin then I will choose to sacrifice the value of USDT

[pushups44]

I'd rather put my money in a stablecoin that has been audited with full transparency. If history is any indication, Tether will stick around, but there is always the risk that they have fractional reserves and may not be able to meet their obligations if all holders demand dollars at the same time.

[Loopper]

I think it's safe, because the price is also very stable. even if the price drops not as bad as coins / other tokens

Stable things just don't happen to the dollar and you can try in the form of gold but it's much more exciting to buy Bitcoin and get profits in just the next few days. it will be very different from other types of currencies.

[siorapokk]

Their team members have made some strange decisions and I have already seen Tether traded at 0,5 USD per coin and in my opinion it should not happen with a stable coin, whatever happens it cannot get dumped by 50 percent.

[Garry_1]

This will be a practical conversion of it into a dollar, which has the form of a token. I think that it is necessary for storing part of your free funds with the purpose of its further transfer to fiat. Such an intermediate link, which can be turned into anything.

[Hiralbaria97]

I use USDT a lot in Cyrpto-Crypto trading on Binance, USDT/BTC and USDT/ETH mostly. They have a huge trading volume so I can finish the trading and get my BTC or ETH in a minute. So for the convenience on trading, USDT is trustworthy.

[Arvydas77]

I think it is safe. We have a better choice of stable coins and this helps because it lifts weight from USDT to other projects and helps investors to diversify their portfolio in stablecoins.

[Greeno Force]

I wouldn't trust Tether at 100%, but I can temporarily transfer my savings to this asset. In any case, it is now one of the best options for entering Fiat

[Wong Gendheng]

I think it is safe. We have a better choice of stable coins and this helps because it lifts weight from USDT to other projects and helps investors to diversify their portfolio in stablecoins.

If everyone switched to USDT, it is certain that crypto will not attract anymore, in my opinion the thing that is curious about crypto is the price that is like a roller coaster, if more and more coins are stable like USDT, crypto will lose its place.

[coinbirds]

Tether was never fully audited and there will be always doubts and rumours about it`s backing.
While it is a centralized coin we never could be 100% sure about is it fully backed or not.

[Wakhid Mukti]

agree, it's stable and never disappoints. even now I have never heard bad rumors about Usdt or me who don't know. at least we have stablecoin here. and I think USDT is the best-trusted coin that has always been there a long time ago.

[Thermytee]

Agreed, Tether wasn't audited at any time but Come on, it has saved most traders from losses in the crypto markets. During the heat of the bear market, most traders had to exchange their portfolio to USDT to maintain its value and when the bull appeared this year, they changed back to bitcoin and made gains. So really, those in profit don't care if it's audited or not. It's safer than most shitcoins out there

[Keadyar]

Agreed, Tether wasn't audited at any time but Come on, it has saved most traders from losses in the crypto markets. During the heat of the bear market, most traders had to exchange their portfolio to USDT to maintain its value and when the bull appeared this year, they changed back to bitcoin and made gains. So really, those in profit don't care if it's audited or not. It's safer than most shitcoins out there

I also think that Techer (USDT) is an island of security for investors and for traders in the raging and unstable ocean of cryptocurrencies.

[senin]

Still i am using tether ( USDT ) for taking profit in the form of crypto and reinvest back . I have seen lots of bad news and lots of competitors appeared foe tether in 2018 includign DAO . But i still belive in Tether . After lots of accusation still its strong equal to stable currency.

I agree with the statement that a stable USDT coin is safe and very convenient when using cryptocurrency. This is one of the stages of improving cryptocurrency, and I hope that there will be many more. Cryptocurrency still still represents a certain difficulty in the use of ordinary people.
Stable coins serve as a good buffer between a cryptocurrency and a common currency.

[Tylev]

I think saving USDT won't get more profit if what you want is profit, but if you save funds just to secure assets I think it's the best way,at least avoid losing too much

Stable coins and are not intended for profit. They only create more convenience when using cryptocurrency
Strictly speaking, stable coins are not full-fledged cryptocurrency. These are digital fiat copies.
In my opinion, stable coins, including USDT, have proven their reliability and necessity when working with cryptocurrency.

[stefany101]

I think there is nothing to worry about Tether (USDT), this coin is stable in terms of its price. Even some other major cryptocurrecies are being down or being pump, Tether remains the same , and there are many people or trader who loves to trade their tokens or coins in crypto exchange pairing with USDT.

[onecall123]

It doesn't backed or tied with anything. Try not to keep your assets with Tether, there will be always questions such centralized coin. Tether is great when you need to ride out a storm or simply make some breathing space. I am not a big fan of Tether, yet I feel good with it in bearish time.

[Adriano2010]

As most of people say and they not backup Theter with real money then i think is not safe to hold funds on tether, i wish their have backup all Theter with real funds on banks, but this is it.