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Author Topic: Is USDT Tether safe?  (Read 23489 times)
Gorosden
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November 05, 2020, 08:56:23 AM
 #501

Yes USDT is one of the safest stable coin in crypto space today, the reason why many are in worries about USDT is because of the ability to freeze addresses but that's never going to happen unless you scam people or funding illegal stuffs, I like USDT the most and I've been using for some time now, I have zero problem with it.

Pithaxz
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November 05, 2020, 09:01:36 AM
 #502

I think USDT is safe for investment, And I never faced any kind of problem while holding this stable coin. There is fomo about USDT about that asset-backed. But that's fine. And it still has the most volume among all stable coins. so I think USDT is safe to use.

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Festac
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November 05, 2020, 09:31:05 AM
 #503

I stored more than 2000 USDT in my wallet for a year and half now, I don't think there is anything to be worried about, this stable coin is well supported and embraced through out the entire crypto space, do not worry yourself, although I won't recommend if you are into frauds, USDT has the power to froze your money

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November 05, 2020, 09:47:16 AM
 #504

i still use USDT to this day and it doesn't have any issues and being stable is reason enough to use it against bear season. Apart from that, apart from users, exchanges are still using it today, it also shows that everything is fine. USDT is very safe and suitable for trading pairs.

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November 05, 2020, 11:13:36 AM
 #505

I believe that it is worth paying attention to the behavior of USDT during large-scale fluctuations in cryptocurrency rates in the cryptocurrency market from 2016 to the present day. USDT has always served as a very reliable storage for the cryptocurrency user and for traders at the time of a sharp drop in prices. Given this behavior of USDT, I have no doubts about the stability of one coin.
Insomnia family
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November 05, 2020, 11:27:57 AM
 #506

UDST has a fixed or stable selling price at a fixed price. So it is safe for investment, if you are not sure then you can choose other stable coin options such as USDC, DAI, etc. For me USDT is very safe for investment, because it can maintain its selling value and can minimize the value of losses as well.

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November 05, 2020, 11:37:42 AM
 #507

I believe usdt stable coin. I always prefer usdt coin. I am always trade usdt peyer. Usdt team always active and solved any bug. All the market has usdt coin and the volume is very good.
kasakola
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November 26, 2020, 05:35:06 PM
 #508

I know usdt this currency is very good and attracts everyone to it because when I buy another coin I worry because I know when the market gets dumped. And if I keep jodi usdt then there is no need to worry because it will not come. I understand from a little knowledge, so I shared with you, thank you.

Leah38
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November 26, 2020, 05:42:15 PM
 #509

Yes, on my opinion. If cryptocurrency market goes down I choose to convert my btc and ETH to usdt and just rebuy again. I use USDT in futures trading and I'm confident that you can hold USDT and not worry.
adekogbe
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December 30, 2020, 02:00:23 PM
 #510

Tie is protected on the grounds that it is upheld by fiat and furthermore Tether prices are more steady so you don't should be too apprehensive your resources will drop low. Tie clients are additionally exceptionally enormous and that incorporates proof if tie is protected.

The activity to raise a project, for example, tie is a praiseworthy thought and such projects should be recognized. Tie is significant in the event that you are dicey on the turnaround of the market whiles trading. We need more stablecoins to free the interest once again from individuals who are new to cryptocurrencies or trading exercises.

Cornia
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December 30, 2020, 04:25:55 PM
 #511

I trust USDT. The current cryptocurrency market is very volatile. This time investing in other coins including Bitcoin is a little risky. So I converted all my bitcoins to USDT.

I don't think the price of Bitcoin is dependent on USDT. Bitcoin is moving at its own pace. Has the USDT been printed at the rate at which the price of Bitcoin has risen in 2020?
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December 30, 2020, 06:44:38 PM
 #512

In my opinion USDT Tether are safe. I have been using USDT Tether for the last 1 year. I did not face any problem. I think USDT are safe investment. I will try to short trade to this currency.

ningrum
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December 30, 2020, 10:45:33 PM
 #513

to be honest I don't know if USDT and the coin stable are safe,
but stable coin is very much like a bank that always prints money or paper,
but in the crypto world stable coins are printing digital numbers that make their supply grow and dominate the company.

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December 30, 2020, 10:49:50 PM
 #514

to be honest I don't know if USDT and the coin stable are safe,
but stable coin is very much like a bank that always prints money or paper,
but in the crypto world stable coins are printing digital numbers that make their supply grow and dominate the company.

What I am hesitant with USDT is what they are claiming to be their real assets? Do they really have those US$ pegged to the number of their coins? Because last year, they admitted that they were not fully backed by US$. So right now, are they saying the absolute truth about being pegged in US$? No one can tell if they do have that huge amount of US$ that will back the number of their USDT coins. So we need to be on the lookout also on this one as they may announce again that they are not 100% backed by US dollars.
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December 30, 2020, 10:57:33 PM
 #515

I am not a supporter of USDT, but I do admit that USDT is safe. I say so not without reason, because the only stablecoins that I often
use are USDT. And I have never been disappointed with USDT since I first used it in 2017, when I use it to save the profit I get when
trading crypto. And even now I use USDT to save some of the capital I have for trading, because USDT can avoid me from the volatile
crypto market.

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Argoo
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January 01, 2021, 06:25:28 PM
 #516

I am not a supporter of USDT, but I do admit that USDT is safe. I say so not without reason, because the only stablecoins that I often
use are USDT. And I have never been disappointed with USDT since I first used it in 2017, when I use it to save the profit I get when
trading crypto. And even now I use USDT to save some of the capital I have for trading, because USDT can avoid me from the volatile
crypto market.
Centralized and, moreover, non-state financial assets cannot be safe. What can happen to USDT is what happened to ripple. It was also considered secure with good functional characteristics as a means of payment. I do not want to say anything bad for USDT, I myself use this stablecoin, however, I think that stablecoins of states will still be more reliable.
nikola22
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January 01, 2021, 06:39:12 PM
 #517

maybe USDT is safe for trading or withdrawing your money from exchange but it's not safe to hold big amounts of money in USDT. it's a centalized token so your funds may be frozen and also USD is depreciating.

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adekogbe
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February 04, 2021, 10:54:56 PM
 #518

On the off chance that USDT can goodly affect bitcoin, at that point I believe that is something good on the grounds that as I would like to think the majority of the crypto esteem is likewise impacted by the estimation of bitcoin so the higher the estimation of bitcoin, the more coins will have a high worth, despite the fact that all relies upon the actual coin yet we can't disregard the way that bitcoin is a transporter of patterns, so on the off chance that we need to decide to forfeit the estimation of USDT or bitcoin then I will decide to forfeit the estimation of usdt

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February 05, 2021, 01:43:14 AM
 #519

until now, in my opinion USDT is still safe to use and USDT is also one of the most widely used stable coin, besides that I never had a problem from buying or investing in USDT, therefore in my opinion as long as USDT is still widely used by people and is still popular, so I think USDT is still safe to use as a stable coin in cryptocurrency.

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March 25, 2021, 09:35:12 AM
 #520

Now we can trust this stablecoin with $40B marketcap that grew by 10 times in last year

https://cointelegraph.com/news/tether-market-cap-surpasses-40b-growing-10x-over-12-months

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