Best stable coin when selling crypto?

[EnergyHot100]

USDT or BUSD? I never really sold and withdrew any crypto before. Just wondering what most people do on here when selling and tranfering to their bank accounts.

[1714995083]

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[KryptoKings]

USDT or BUSD? I never really sold and withdrew any crypto before. Just wondering what most people do on here when selling and tranfering to their bank accounts.

Usdt is more popular and available on erc20 and trc20 both platforms. It is also the only stable coin traded on almost all big and even small exchanges.
BUSD is available only on Binance chain and is less popular.

[xz0708]

Heard of some synthetic stable coin projects, dont remember the names right now.  One basically worked like an etf or fund.  The concept is a basket of tokens (btc / eth / sushi / tron / usd/jpy / whatever coin) they automatically re-balance daily to create a synthetic stable coin.......it was on the eth network so that is one possible point of failure....

Interested in synthetic and stable coin projects.    jpy usd eur stable coin offerings would be very well subscribed.....

[EnergyHot100]

USDT or BUSD? I never really sold and withdrew any crypto before. Just wondering what most people do on here when selling and tranfering to their bank accounts.

Usdt is more popular and available on erc20 and trc20 both platforms. It is also the only stable coin traded on almost all big and even small exchanges.
BUSD is available only on Binance chain and is less popular.

Thanks for your answer.

Yeah, I mostly use USDT these days. I like it. But I also hear that USDT isn´t as safe as BUSD? Can´t remember where I read it.

[Swopon]

USDT or BUSD? I never really sold and withdrew any crypto before. Just wondering what most people do on here when selling and tranfering to their bank accounts.

I usually choose USDT. It is much popular rather than BUSD. USDT is available on almost all the exchanges and it is needed whenever the market goes down, you can convert your funds as quick as you want. BUSD is not available in all the exchanges. So, USDT is more preferable than BUSD and both are stable coins.

[dhemasm]

USDT For sure, It's available on every exchange and the other payment gateway today. You can easily transfering it to your bank accounts on some Crypto exchange like Binance, Bitfinex, Kraken. BUSD was good too since it's backed by Binance but it's very limited for now, Not all exchange have this pair.

[Lantind]

Thanks for your answer.

Yeah, I mostly use USDT these days. I like it. But I also hear that USDT isn´t as safe as BUSD? Can´t remember where I read it.

It's just a feeling that is not true, and maybe those who say they never use USDT and only use BUSD, you need to know that both are safe to use, and USDT is mostly supported through the platform along with several large exchanges.

[pakhitheboss]

If you are using a local exchange then use FIAT pair if that is available. If not then I would say USDT is a much better option as it is traded on more exchanges than BUSD. BUSD is a Binance stable coin and it mostly being traded on Binance. With USDT you can easily transfer it to any other exchanges or a local exchange in your country.

[iv4n]

USDT or BUSD? I never really sold and withdrew any crypto before. Just wondering what most people do on here when selling and tranfering to their bank accounts.

I can't find the recent tweet from CZ about paying a $10 fee to send $20... Most of us here is on USDT side, at least we get used to it, but discovering new options, cheaper and faster transactions is a good thing!
People say USDT is available in more places, well you can't miss a lot only with Binance, where you have almost everything! And in last months we see that BNB is being accepted in more and more places!
Bottom line is that both are good, and both have the same purpose... but I will give BUSD an advantage here, I saved a lot of money just on fees in the last few months, it's got to mean something!

[akirasendo17]

Both Stable coins are okay to use, its a matter of who do you prefer to use or where you are comfortable with since they are both stable coin, there will be no problem, but if you want me to choose on those two ill be in USDT since I have been using it for a long time, there is no issue I have been encounter so, why move to other when there is no problem in my current stable coin that I use.

[killerfrost]

USDT or BUSD? I never really sold and withdrew any crypto before. Just wondering what most people do on here when selling and tranfering to their bank accounts.

It also depends on what floor you are on. If using binance, you should prioritize BUSD because it will save your transaction costs, but to me, USDT or BUSD are not too important because both are big stablecoins of the market, so the problem of liquidity is good. The availability will be guaranteed to the user.

[naomi-the-cat]

There are ways to send USDT without fees and USDT is listed on any exchange. I will choose it

[doctor877]

I would say you should stick to USDT, its mkre popular and avaliable almost all exchanges. While BUSD still at the ground phase of availability on different exchanges as its only available on binance.

[tarable]

There are ways to send USDT without fees and USDT is listed on any exchange. I will choose it

It seems that for now there is no longer any way to send USDT at no cost, even through the TRC20 wallet, even though it is a small fee, there used to be an ftx exchange that could send USDT via the TRC20 platform without being charged at all, but for now it is no longer possible.

[Farma]

well, both are coins that are still frequently used today. Personally, I still use USDT for stable coins. however, I don't use BUSD because I've used USDT from the start, so I think I'm comfortable using it. use the one that you think is easy to use.

[OcTradism]

USDT or BUSD? I never really sold and withdrew any crypto before. Just wondering what most people do on here when selling and tranfering to their bank accounts.

USDT is the biggest stable coin and it is the most popular stable coin for trading pairs on many exchanges. USDT has biggest trading volume and you will be most easily to sell your crypto to USDT.

Other stable coins have smaller volume and you might face with bigger spread of price when you sell your crypto. If you want to choose alternatives for USDT, you can considert DAI, not only BUSD. DAI is very common on DeFi platforms.

top 10 stablecoins
[GUIDE] Stablecoin Economy

[kevinzxz]

USDT or BUSD? I never really sold and withdrew any crypto before. Just wondering what most people do on here when selling and tranfering to their bank accounts.

USDT is the right choice, because in my opinion USDT is stable coin with the highest volume at this time, so of course USDT is very safe to use and very easy to sell or buy (trading), therefore I advise you to use USDT as a stable coin, then besides that almost all exchange provide pairing using USDT, so that will make it easier for you to transfer USDT on any exchange for trading.

[SyndicateLabs]

USDT or BUSD? I never really sold and withdrew any crypto before. Just wondering what most people do on here when selling and tranfering to their bank accounts.

It is not necessary because I can directly liquidate any cryptocurrency into the fiat money of the country I live in. But if I use stable in transactions, I use a lot of BUSD on binance to save more waste, although it is not worth much, but it forms a habit for me.

[OcTradism]

More stable coins are created and available. More amount of stable coins have been minting. The top 4 biggest stable coins are: Tether USD (USDT), USD Coin (USDC), Binance USD (BUSD) and Dai (DAI). BUSD and DAI have good growths and with Binance behind, DeFi behind, I believe they will be more accepted.

If you are interesting in stable coins, CryptoRank.io has a page for you, Stablecoin Token Watchlist

The total outstanding supply of stablecoin has surged past $50 billion, according to data compiled by http://CryptoRank.io

Source: https://twitter.com/CryptoRank_io/status/1370371999235768324

[CAPT.DEADPOOL]

USDT or BUSD? I never really sold and withdrew any crypto before. Just wondering what most people do on here when selling and tranfering to their bank accounts.

Usdt knows if it is the most stable coin and many people use it and buy it because it is one of the most important coin of traders and even altcoins holders because it has great benefits because when others sell their altcoins they swap this in usdt because the price is stable even if the price of bitcoin falls the price of usdt will not fall.

[shoreno]

i use usdt and i think usdt is also the most prefer by the masses but not all times i convert my crypto to a stable coin before withdrawing them because that will only tax me some fees  but if your not planning to withdraw and use the money imediately it was always a good strategy to use a stable coin to preserve something from your efforts than all those efforts will go to waste because of the unexpected dip . on the other hand i think there is no real harm of using a different variant of stable coin because both of them serve the same purpose

[7788bitcoin]

USDT or BUSD? I never really sold and withdrew any crypto before. Just wondering what most people do on here when selling and tranfering to their bank accounts.

I will not trust holding USDT for a long period of time, usually what i do is if i book my profit in some of the alts i am holding and if i am planning to switch over to another coin in a short period of time then i might use USDT because of the huge volume in an exchange but if i am holding the coin for a longer period then i will look for another stable coin and BUSD is not bad since it is from Binance and i usually store in Euro.

[airdata]

USDT is most usefull stable coin on the market and 90% people use USDT for fund Transfer and for other reason. So i think always you can use USDT coin it is very popular and usefull stable coin.   

[shushanika]

Well, for me this is a difficult one, because both have their pros and cons. But if I have to choose between the two I would go for BUSD. Why? Because Binance is too big to fail. If they want to stay the 'biggest' they have to keep that good reputation. And a lot of their success (BNB, BSC, CZ) depends on it. So if there's any FUD, you can assume that they'll try to back it up with statements and audits as much possible. Tether is much more shady in their doings and lacks transparency. And if you don't trust both, you can always go for USDC. It has some good availability.

[tvplus006]

USDT or BUSD? I never really sold and withdrew any crypto before. Just wondering what most people do on here when selling and tranfering to their bank accounts.

If you are a client of Binance, then BUSD will be the best choice among stablecoins for you. This stablecoin will allow you to participate in various incentive programs, such as launchpad and launchpool for farming new coins, which will allow you to earn passive income. In addition, only BUSD from stablecoins is used in the Binance Smart Chain network.

[meldrio1]

Both USDT and BUSD are good stable coins and very useful in trading but I'm not using Stable coins to transfer. I usually use XRP to transfer my funds into my local wallet and then transfer it to my bank. XRP is the lowest transaction fee than these stable coins.

[TedMosby]

I usually used USDT. As most of the people said here, it’s available in ERC20 and TRC20. It’s already become a standard of most exchange market. Some exchange also used USDT BEP20, and currently this type of USDT token offers the cheapest fee for a transaction, $0.1.

If you used more than 1 exchange, make sure both of them accept the same type of USDT.
For example, I used Binance and Coinex. Both of them accept USDT BEP20.
Meanwhile my local exchange only accept USDT ERC20 and TRC20.

[Alohadanc3]

For me it's always usdt. But when eth fees started to rise usdt transaction was nit cheap. But then usdt cane on tron chain. And after that it's cheap and popular almost available on every exchange. So I pick it. Though busd is also good. I used it many times. But from the early days I am using usdt. And I never faced anynkind of problem regarding it so still using it.

[DU18]

Current high gas costs are one of the reasons for me personally choosing stable coins in making withdrawals to exchanges that do support my country's currency, when gas costs are relatively cheap I prefer eth but now we all know that gas costs are very expensive and of course to save on withdrawal costs we must be smart in choosing altcoins that have quite cheap fees on the exchange and although it takes a little longer for transactions, usdt and tron ​​trc20 can be a very cheap fee solution in my opinion.

[J1mb0]

At the moment USDT is still the most popular and easy to use stablecoin.
USDT is available on both erc20 and trc20 platforms, so if you want to sell your crypto you should choose USDT for the transactions.

[lalabotax]

I think that I will prefer to use USDT, moreover, this is the most general pairing to be used in all exchanges. BUSD itself is Binance USD and they also have many pairing but only in certain exchanges. Sometimes, the value of BUSD and USDT is a little bit different. It can be one of the considerations to take the pairing.

[MCDev]

If you just want to convert your cryptocurrency to stable coins then sell them, almost all stablecoins can do that, of which USDT is considered the best currency today.
I always use USDT for my transactions and until now it has not let me down.

[acener]

USDT or BUSD? I never really sold and withdrew any crypto before. Just wondering what most people do on here when selling and tranfering to their bank accounts.

Whenever I would convert my crypto into stable coin I would always chose USDT,
And if I would withdrew it into other crypto wallet I would look into much cheaper withdrawal fee like XRP or BCH.

[OcTradism]

I usually used USDT. As most of the people said here, it’s available in ERC20 and TRC20. It’s already become a standard of most exchange market. Some exchange also used USDT BEP20, and currently this type of USDT token offers the cheapest fee for a transaction, $0.1.

If you used more than 1 exchange, make sure both of them accept the same type of USDT.
For example, I used Binance and Coinex. Both of them accept USDT BEP20.
Meanwhile my local exchange only accept USDT ERC20 and TRC20.

Tether USD (USDT) is built on many chains and despite of the pegged value of $1 for 1 USDT, on each chain, you will have different transaction fees and transaction withdrawal fees on exhanges you are using.

I did not use OMNI layer and ERC-20 chains to withdraw my USDT for many months. TRON chain (TRC-20) is my favorite chain to use for USDT withdrawal. In their recent shill effort for Binance Smart Chain, Binance upgrade their withdrawal fee for USDT on TRC-20 but still give cheaper withdrawal fee on BSC. $1 for TRC-20 and $0.8 for BSC.

https://tether.to/faqs/

Tether tokens exist as digital tokens built on bitcoin (Omni and Liquid Protocol), Ethereum, EOS, Tron, Algorand, SLP and OMG blockchains.

[dimonstration]

If you just want to convert your cryptocurrency to stable coins then sell them, almost all stablecoins can do that, of which USDT is considered the best currency today.
I always use USDT for my transactions and until now it has not let me down.

I only use ISDT when I want to be safe in some dumps when I'm trading or when I'm waiting to buy some Crypto. It's too stable that we will not be able to earn from it and no good in keeping it for too long. It's better use it in trading than let it bbe in a stable coin, it's a parking way to withdraw and to start trading.

[rannovan]

I think the USDT you should use because most of the exchanges their sites are offering that so once you selling your crypto you can use that. When I selling my cryptocurrency to the exchanges I convert also to that fiat but I'm not transferring to my bank account because I reinvest again those money that I earned to the coins again to earn more money and that you should do also.

I also do the same every time I sell crypto assets. I'm not going to pull it into fiat. I prefer to keep it in USDT.
as usdt pairs are also easier to trade compared to other crypto pairs which are very volatile

[btc-facebook]

I think that I will prefer to use USDT, moreover, this is the most general pairing to be used in all exchanges. BUSD itself is Binance USD and they also have many pairing but only in certain exchanges. Sometimes, the value of BUSD and USDT is a little bit different. It can be one of the considerations to take the pairing.

I agree with you, in my opinion USDT is better than BUSD, because USDT is almost available on all exchanges, in contrast to BUSD which is only available on the Binance platform, but it all comes back to the needs of everyone, sometimes people prefer BUSD because it is more comfortable trading on biannce than on other exchanges.
But in my opinion what is interesting is that USDT is not only available in many exchanges, but also many network options, and the best is using the TRC20 network, the unique thing is that when withdrawing USDT using the TRC20 network on some exchanges there are no withdrawal fees.

[Ibrahim60]

USDT or BUSD? I never really sold and withdrew any crypto before. Just wondering what most people do on here when selling and tranfering to their bank accounts.

Both USDT and BUSD is so good. But I think overall USDT is good and more popular and uses by every trader. You can exchange your coin to USDT in most of the exchanger. But you can't convert your coin to BUSD in only Binance platform. Also USDT withdraw fee is low and transaction fee is low. So this is more preferable.

[cheezcarls]

USDT or BUSD? I never really sold and withdrew any crypto before. Just wondering what most people do on here when selling and tranfering to their bank accounts.

Hands down to USDT because it was widely used by many exchanges worldwide and it’s also very popular. BUSD and USDC are also great options just in case. I see also in P2P exchanges, most of them are using USDT as well.

[rosebrand]

Traders prefer using USDT over BUSD but the truth there is That the two coins are both stable coins and are very good, USDT is more popular and is listed in many exchanges than BUSD and also USDT is more preferable because of its popularity, traders find USDT pairs more convenient in trading than any other stable coins.

[tsaroz]

USDT when I'm doing inter exchange transactions and taking USDT depended services in some exchanges. USDT (TRC20) while withdrawing between exchange which generally have no fees. I use BUSD mostly for binance (and I use binance the most) as it's readily available with almost all pairs and is available to stake for launchpool.

[masterrex]

USDT or BUSD? I never really sold and withdrew any crypto before. Just wondering what most people do on here when selling and tranfering to their bank accounts.

Actually, I'm using both USDT and BUSD they are both useful for different purposes. But since I'm using Binance exchange BUSD is very useful to me. On the other hand, USDT is almost available in all popular and big crypto exchanges thats why it's a huge advantage compared to BUSD.  

[Handsome Boy]

USDT or BUSD? I never really sold and withdrew any crypto before. Just wondering what most people do on here when selling and tranfering to their bank accounts.

If you only use Binance exchange, then I recommend you to using BUSD, but if you use multiple exchange to make trading, then I recommend you to using USDT, because all exchange can use USDT for trading, so it will make easier for you to trading on any exchange and of course in my opinion USDT and BUSD are safe to use at this time.

[zasad@]

I am using USDT in the TRON ecosystem.
Fast and practically free transactions and many exchanges and exchanges support USDT (TRC20).
I think that you can use any cryptocurrency that has minimal fees and fast transactions if you need to exchange cryptocurrency for fiat.
But stablecoins are convenient in that their price does not change, and you do not need to rush.

[bitzizzix]

I also prefer USDT and it is still by far the most popular BUSD and besides that it is available on all exchanges, and it is very stable which makes everyone choose USDT.
and is a stablecoin whose value is pegged to the value of the US dollar and other fiat, as well as providing liquidity and hedging against market volatility and besides being very stable there are many other advantages.

[matchi2011]

I also prefer USDT and it is still by far the most popular BUSD and besides that it is available on all exchanges, and it is very stable which makes everyone choose USDT.
and is a stablecoin whose value is pegged to the value of the US dollar and other fiat, as well as providing liquidity and hedging against market volatility and besides being very stable there are many other advantages.

Understanding it correctly both are stable and mostly use to convert your crypto assets to US dollar value, in most cases traders who are dealing with short term trades.

Most are still using USDT as it's widely available in most exchange the advantage that enjoyed by trader who choose this stable coin to transfer their assets from exchange platform to another.

[wack slacker]

USDT is the best option as it is easy to exchange with other cryptocurrencies and exchange P2P for FIAT with others.

USDT currently has the largest transaction volume among stable coins.  There are many blockchains supporting Usdt such as Solana, Binance smart chain, TRON, ALGO.  I believe crypto exchanges will soon support these new blockchains and help save a lot of transaction costs for users.

[lobo13hf]

d, USDT is more popular and is listed in many exchanges than BUSD and also USDT is more preferable because of its popularity,

It's caused by USDT already available on all of exchange sites. BUSD already adopted by some major exchange sites but based in my experience if local exchange sites rarely adopting BUSD.
that's why the daily trade volume of BUSD gets centralized on binance consider BUSD can be used on the launch pool, lending on binance. All of features for BUSD only available on binance.
The majority of people in this thread said that vote for USDT.

[Rana590]

Obviously I will prefer USDT because it has different network platform. At this time gas fees is not in good shape. If we select USDT on tron network, then we will be able to save some money by avoiding high fees. It is also popular and well known to most of the crypto lover.

[illete]

I would suggest BUSD because you can transfer it in BEP20 format as well and if you want HODL on Binance you will get profit daily or weekly basis.But do your personal reserch for your satisfaction.

[Ronny29]

USDT or BUSD? I never really sold and withdrew any crypto before. Just wondering what most people do on here when selling and tranfering to their bank accounts.

As for me - I use only USDT. Its depend what cryptomarket u use.

[Jamesdila1]

I recommend USDT since USDT has more pairs than USDC or BUSD and huge volume and marketcap
in term of safety USDT is sought to be not safe so i also recommend to be careful

[fortune1002]

Usdt Is more popular and useful than BUSD. USDT is used in TRC20, ERC20, and Also in BEP20. BUSD is only used in binance smart Chain. So I think USDT is good. And USDT has more pairs on exchanges than BUSD.

[Skieleton]

Even though the USDT price should be kept constantly at $ 1, the rate is constantly fluctuating slightly. Temporary ATH amounted to almost $ 1.19 on USDT, while the drops in value reached 88 cents, but it's still a good option.

[mdzahed134]

Actually USDT has always been my priority. When ETH Network fee gradually increasing then most of the users started using USDT specially in TRON Network, there are so faster and lower cost transaction fee. I didn’t used BUSD but it’s also transparent and reliable coin undoubtedly.

[coinswebid]

USDT or BUSD? I never really sold and withdrew any crypto before. Just wondering what most people do on here when selling and tranfering to their bank accounts.

i usually use USDT in TRC20 to withdraw my money from exchange to exchange mate, or exchange to my personal wallet
because the fee is lower than other chain, especially if we comparing with ethereum network

[rannovan]

i usually use USDT in TRC20 to withdraw my money from exchange to exchange mate, or exchange to my personal wallet
because the fee is lower than other chain, especially if we comparing with ethereum network

now more and more exchanges provide USDT withdrawal or deposit options on the TRC20 network. It also makes it easy to troubleshoot expensive problems on the ethereum network

[isaac_clarke22]

I would go for USDT, OP.
Though I would advise not to hold USDT for too long as many users already mentioned that USDT can be frozen and that ain't good for anybody's end when it happened in their trades.

[bakasabo]

How to tell which stable coin is the best, when they are all have stable price? Also dont know why topic started is interested in stable coins, when he plans to sell crypto and withdraw fiat to his bank account. Simply transfer crypto to an exchange that allows direct crypto-fiat transactions (like coinbase or binance for example) and do an exchange. If you want to save on transaction, go with USDT and transfer it via tron netrowk.

[ScamViruS]

I would go for USDT, OP.
Though I would advise not to hold USDT for too long as many users already mentioned that USDT can be frozen and that ain't good for anybody's end when it happened in their trades.

Most crypto users use usdt to exchange their funds. Since it is widely used, the number of holders of usdt is a lot. If usdt freezes for any reason then a lot of people's money will be stuck online.

USDT is definitely a good way to convert your cryptocurrency into USD value. But there are a lot of complaints about usdt for their activities so be careful in case of long term use of this coin because it is risky.

[Rexler]

USDT or BUSD? I never really sold and withdrew any crypto before. Just wondering what most people do on here when selling and tranfering to their bank accounts.

I normally exchange my crypto to usdt alone, and I'm used to it already each time I want to sell on Binance I only pick a USDT  pair, becuz with USDT I can access both  Ethereum and Tron blockchains since it runs on both of them, I believe almost every trader make use of USDT becuz it is available on almost every crypto exchange, but I can't say the same for BUSD which is only listed on Binance exchange now, maybe exchanges will consider listing it when the demand for it grows.

[jerry0]

What network is USDT on for the exchanges?  Example coinbase, binance, bitstamp.


What if you have a hardware wallet like nano ledger or trezor?  What if you have exodus or electrum?


When you give a site the USDT address you want funds sent to... such as your own wallet whether hardware wallet, would they need to know what network your USDT is on?  I still dont get the ETH and Tron network.  So if you are receiving USDT from a site, just give the site your USDT address.  So they would be sending you USDT but they would choose what network to use to send it to you such as ETH or Tron?


What if you then receive the USDT on your hardware wallet and want to send it to


Coinbase
Bitstamp
Binance
Binance.US


Do you need to make sure you send it to the ETH or TRON or whatever network is supported on the exchange side?

[Kitaiev]

Each stablecoin has its own minus. Best dai but there is a risk of being hacked, USDC is the most centralized, BUSD is only good if you use binance. So it's best to save in bitcoin for a distance.

[rannovan]

Obviously I will prefer USDT because it has different network platform. At this time gas fees is not in good shape. If we select USDT on tron network, then we will be able to save some money by avoiding high fees. It is also popular and well known to most of the crypto lover.

This is also what makes usdt users high apart from being a stable USDT coin, it also has a network in other coins like TRON. Obviously we really feel we can save money and be a solution because of the high cost of ETH gas.
and most exchanges already support USDT on the TRON network

[EnergyHot100]

Thanks for all the great answers. But if one mainly uses Binance, and BUSD can be sent straight to your bank account from Binance, whereas USDT can´t.. Wouldn´t it be best to just sell off all your crypto in BUSD on Binance then? I´m talking about if the market is gonna crash and you wanna sell of all your crypto at Binance.

[gurunanakji777]

Personally, I use USDT I never tried BUSD but I feel BUSD is also good as it is linked up to Binance and Binance has a good image in the market So one can rely on both the coins to use it without any issue but USDT is older and more tested in this market. Now it's up to you which one to choose.

[btc-facebook]

How to tell which stable coin is the best, when they are all have stable price? Also dont know why topic started is interested in stable coins, when he plans to sell crypto and withdraw fiat to his bank account. Simply transfer crypto to an exchange that allows direct crypto-fiat transactions (like coinbase or binance for example) and do an exchange. If you want to save on transaction, go with USDT and transfer it via tron netrowk.

You should try to see from another point of view, the quality of a coin is not in terms of price, but in terms of function as well as liquidity.
like USDT and BUSD, although they are stable coins, they have different advantages and disadvantages.
But due to the development of cryptocurrency, and many coins that have smart contract functions like ethereum, stable coins like USDT are already registered on many networks other than ERC20, such as USDT which runs on the TRC20 and OMNI networks.

[chichidori]

If you like to lessen transaction fee and will be trading mostly on Binance or smartchain BUSD is the best choice, USDT is best when your trading on uniswap and other centralize exchangesl.

[robattfield]

If you like to lessen transaction fee and will be trading mostly on Binance or smartchain BUSD is the best choice, USDT is best when your trading on uniswap and other centralize exchangesl.

You should use binance based dexs to feel if what you say is still true or not. I hate using stable on DEX, BUSD uses only benefit services from Binance. My personalities are not so important because stable for me is not very volatile so that we can worry about fees or similar matters. All stable coins are to me the same, as if they were guaranteed a large amount of liquidity in the market.

[bonyaserg]

For me, the best stablecoin is Bitcoin, Litecoin, Ethereum. And I have already sold coins and withdrawn them to bank accounts many times. So this operation is very simple and doesn't require a lot of skill to use it. And it is also quite easy to buy cryptocurrency on the exchange and sell or exchange it for another cryptocurrency.

[tvplus006]

...I believe almost every trader make use of USDT becuz it is available on almost every crypto exchange, but I can't say the same for BUSD which is only listed on Binance exchange now, maybe exchanges will consider listing it when the demand for it grows.

You are wrong, BUSD is not only traded on the Binance. To see where BUSD is represented, you need to go to https://coinmarketcap.com/currencies/binance-usd/markets/ and at the very bottom of the page, click on "Load More" to see the entire list. In addition, BUSD is indispensable in the Binance Smart Chain.

[Jackl87]

USDT or BUSD? I never really sold and withdrew any crypto before. Just wondering what most people do on here when selling and tranfering to their bank accounts.

Recently i switched from USDT to UDSC both are on the Ethereum Network and USDT is still the more popular stablecoin but recently there are emerging more and more news and fears from users that UDST is not backed 1 to 1 by real dollars anymore.
They always said 1 USDT is backed by 1 real USD but in 2019 they changed their wording into "we have enough reserves to cover every Tether printed. But we can not verify those reserves.

[hulla]

I would go for USDT, OP.
Though I would advise not to hold USDT for too long as many users already mentioned that USDT can be frozen and that ain't good for anybody's end when it happened in their trades.

The best stablecoin ones can use depend on the exchange site you trading on because liquidity and trade volume need to be put into consideration but I somehow like the USDC and BUSD. However, all centralized stablecoin can be freeze not only USDT but the issue with USDT is that the project foundation was not base on genuine that's the reason why they hard issue with the New York attorney and I read that USDT is currently not allowed to trade within the NY region.

[Traderbtcc]

USDT or BUSD? I never really sold and withdrew any crypto before. Just wondering what most people do on here when selling and tranfering to their bank accounts.

Everyone has their own choice, I guess some of people might choose BUSD since they are probably traders on binance, well for me I prefer changing my crypto to USDT, cause its popular and that's what I use when trading P2P, also I like USDT cause it's the most widely used stablecoin, another cool part about it is that it runs on two blockchains Ethereum and tron, since gas fees are quite high on eth network now, I bet TRC-20 USDT will be used more than ERC20 USDT.

[bitcon]

It seems to me that the principle of operation of all stable coins is approximately the same, everyone has their own favorite coin and their favorite stable coins. Many believe that, for example, fixing profits in the same USDT is not profitable and even dangerous. And they use the usual dollar for fixing, believing that it will be safer and more reliable this way.

Everyone has their own methods and favorite options. USDT has a lot of fans, but recently people have started actively use BUSD.

[Untomabur]

When selling crypto currency, the safest way is to sell it in a stable coin pair, of course the choice is USDT,
because USDT is the largest pair in all crypto currency markets, whether or not it is safe, clearly safe, don't worry,
because USDT is not a bad project, its market capitalization is also very high, it is already in the top 5 coinmarketcap,
yes one of the best stable coins in the crypto world.

[TribalBob]

I think USDT is better. because for me it is easier to exchange with my currency, where if I use BUSDt I have to change  to USDT and then to my fiat money, it will cost too much

[senyorito123]

USDT or BUSD? I never really sold and withdrew any crypto before. Just wondering what most people do on here when selling and tranfering to their bank accounts.

Everyone has their own choice, I guess some of people might choose BUSD since they are probably traders on binance, well for me I prefer changing my crypto to USDT, cause its popular and that's what I use when trading P2P, also I like USDT cause it's the most widely used stablecoin, another cool part about it is that it runs on two blockchains Ethereum and tron, since gas fees are quite high on eth network now, I bet TRC-20 USDT will be used more than ERC20 USDT.

You are right, what is good in cryptocurrency world is we have the freedom to choose what coins we may prefered most. We know the fact that there is no stable coin in crypto market. It moves freely, it may goes up or goes down its value. As mentioned above about USDT, it is one of those best coins in crypto market because it shows good value and also known to many traders. I guess selling and having it can make you satisfy.

[ivankoh]

USDT or BUSD? I never really sold and withdrew any crypto before. Just wondering what most people do on here when selling and tranfering to their bank accounts.

Everyone has their own choice, I guess some of people might choose BUSD since they are probably traders on binance, well for me I prefer changing my crypto to USDT, cause its popular and that's what I use when trading P2P, also I like USDT cause it's the most widely used stablecoin, another cool part about it is that it runs on two blockchains Ethereum and tron, since gas fees are quite high on eth network now, I bet TRC-20 USDT will be used more than ERC20 USDT.

You are right, what is good in cryptocurrency world is we have the freedom to choose what coins we may prefered most. We know the fact that there is no stable coin in crypto market. It moves freely, it may goes up or goes down its value. As mentioned above about USDT, it is one of those best coins in crypto market because it shows good value and also known to many traders. I guess selling and having it can make you satisfy.

USDT is still the best choice for a popular, ... stablecoin, easily dabgf exchanging P2P to fiat on many exchanges that it is supported by default.  USDT is also diversified when you want to switch to a private wallet when supporting both ETH and TRX platforms.  Meanwhile, BUSD tends to the only independence on BSC.

[tvplus006]

I think USDT is better. because for me it is easier to exchange with my currency, where if I use BUSDt I have to change  to USDT and then to my fiat money, it will cost too much

In order to exchange BUSD for USDT, you will need to pay a commission on the purchase, which is only 0.0001%. Thus, for 1000 BUSD, the commission will be 10 cents, which can not be considered a big waste. But with BUSD, you can participate in various incentive programs for holders of this coin on the Binance, while receiving passive income.

[Wahyuihib]

In the process of withdrawing to the BANK, it all depends on the respective currencies. If you are American then USDT is the right choice to transfer to your bank account. and if you are an Indian, Vietnamese or any other country, it must be converted into your country's currency, then it can be sent to a your account bank

[Smitty Werben Man Jensen]

USDT or BUSD? I never really sold and withdrew any crypto before. Just wondering what most people do on here when selling and tranfering to their bank accounts.

best stable coin? both are good, be it USDT or BUSD, but BUSD can only be traded on Binance exchange,
because BUSD is a stable coin from Binance, compared to USDT, you can use USDT on all exchanges, yes if you want to hold it's better indeed USDT,
however if you really love Binance then BUSD is a great choice, as you can get other features

[fia_naila]

The massive one is USDT but the fees you paid if you use ethereum network is so expensive, so you can not do micro transaction with usdt erc 20, if you want to do micro transaction i suggest BUSD wich used Binance smart chain ( gas fees relayively 10x cheaper when you use BSC )

[menoiazei]

 Most traders prefer to trade USTD,
what about XHV project and xUSD based on Monero blockchain, this seems interesting stable coin?

[tygeade]

Both USDT and BUSD is so good. But I think overall USDT is good and more popular and uses by every trader. You can exchange your coin to USDT in most of the exchanger. But you can't convert your coin to BUSD in only Binance platform. Also USDT withdraw fee is low and transaction fee is low. So this is more preferable.

For that reason, I think most Binance users prefer Binance USD while other traders who don't use Binance would more prefer Tether USD. I don't think any of them is better than the other because both the coins serve the same purpose and only trust might be the difference and for that part, I trust Binance more than Tether.

Traders prefer using USDT over BUSD but the truth there is That the two coins are both stable coins and are very good, USDT is more popular and is listed in many exchanges than BUSD and also USDT is more preferable because of its popularity, traders find USDT pairs more convenient in trading than any other stable coins.

Tether has a bigger volume too and hence a more packed market. Traders are used to of trading in USDT and hence they don't want to change it unless they face some problems.

I do use USDT sometimes because not everywhere BUSD is accepted, but nowadays I have moved to TRC-20 chain because of the high transaction fees on the ERC-20 chain.

[longyenthanh]

USDT is my favorite and trusted stable coin of all time. It's at #4 at CMC with market cap of 39 billion usd. You can find it on almost all popular exchanges and its has large community compared to any other stable coin.

[oemar bakrie]

I prefer to usdt, which exchange rate is the same as the dollar currency and that can make it easier for me to monitor the development of usdt tokens..
And that's not all the reason,usdt has become the largest crypto section today, all markets have displayed and offered usdt buying and selling..

[SistaFista]

USDT is my favorite and trusted stable coin of all time. It's at #4 at CMC with market cap of 39 billion usd. You can find it on almost all popular exchanges and its has large community compared to any other stable coin.

Indeed, USDT is the most trusted stable coin in cryptocurrency, but we have the option to use which blockchain.
Better don't use ERC20 USDT because the gas fee on Ethereum blockchain is high, using TRC20 USDT on Tron blockchain is the best for me.

[Koro-Sensei]

I believe it's USDT and use the TRC20 one. It's quite efficient when it comes to gas fees and faster than ERC20.

[deathcode]

I believe it's USDT and use the TRC20 one. It's quite efficient when it comes to gas fees and faster than ERC20.

yes, now more traders and investors are also using USDT on the TRC20 network. as you said it is more cost-effective and faster. TRC20 and BSC seem to have become a solution to what ethereum is experiencing.
I don't think if there will be more projects that will switch networks due to the issue of GAS transaction costs in the ethereum chain.

[zulfi125]

As you know, USDT is no.4 in coinmarketcap in rank wise, but BUSD is low rank than USDT. Most users using USDT to transfer funds to banks or in other exchanges because USDT is available for trading on every exchange, and you can use TRC20 USDT due to low fees even no fees for withdrawing funds instead of ERC20 USDT.

[Zilon]

Talking about USDT the dollar equivalent to bitcoin. It is the most stable coin traded on binance and it makes exchanges with binance more accurate with much approximity or causing difficulties in conversion. Although am not too certain but I think this is only available on binance. Am still doing some more research to know if its open to all exchangers

[yohananaomi]

yes, now more traders and investors are also using USDT on the TRC20 network. as you said it is more cost-effective and faster. TRC20 and BSC seem to have become a solution to what ethereum is experiencing.
I don't think if there will be more projects that will switch networks due to the issue of GAS transaction costs in the ethereum chain.

of course the ethereum platform continues to experience constraints at high cost. chances are what you say will happen, that other platforms will prepare their strategies to take the opportunity. because the costs made by the ethereum paltfom have not yet been significantly improved, even though it is reported that there will be changes in July.

Of course, a long period of time will make other platforms try to be able to provide alternatives so that they can be used as a substitute means of payment. because it can reduce the price that frightens everyone, not only the bounty recipient but until the project owner also experiences it so that payments are delayed waiting for the value to fall.

[ingiltere]

USDT or BUSD? I never really sold and withdrew any crypto before. Just wondering what most people do on here when selling and tranfering to their bank accounts.

They don't have much difference honestly, if you use Binance it's logical to stay in BUSD, other than that you can use USDT, DAI, VAI or anything else, all stablecoins are same. They are just on different platforms and/or chains.
If I switch my position to USD then I sure split my money into BUSD/DAI and do staking and earn some interest for that. There are a lot of platforms that you can do this and earn interest. It's better than staying in fiat currency.

[Kang TB]

USDT or BUSD? I never really sold and withdrew any crypto before. Just wondering what most people do on here when selling and tranfering to their bank accounts.

i always sell my coins in usdt pairs, so, my profit will be in usdt my friend
then when i want to send it to my local exchange the fee is cheaper mate, because i use trc20 network to send my usdt

[Shasha80]

I am one of those who often use stable coins to save the capital I have for trading, because stable coin is not affected by volatile crypto market.
But until now the stable coin that I often use is USDT, because apart from including the top 5 cryptocurrencies. USDT is also listed on most of
the existing exchanges, this means that the popularity of USDT is the highest compared to other stable coins. Then when compared to BUSD,
I still prefer USDT. It's not that BUSD is bad, but I have been using USDT for a long time. And using USDT it is easier for me to move my coins
from one exchanges to another exchanges, because USDT is very popular and it is listed on almost all exchanges.

[sniveel]

Like other people who follow this discussion, I also take USDT over BUSD, you can exchange your usdt to any crypto for it has it's own pairing in the crypto exchanges. Unlike busd that exclusive only in Binance platform and only listed on selected exchanges. But take note: both of them are worth investing.

[nimogsm]

Yes, I think more and more use USDT as it is on all exchanges and services and all use it just out of habit.Busd is more suitable for binance,as they put an emphasis on it.

[btcltcdigger]

USDT or BUSD? I never really sold and withdrew any crypto before. Just wondering what most people do on here when selling and tranfering to their bank accounts.

Doesn't matter, both are pegged to USD.
However, if you choose to use Binance card, then you'll notice it only supports BUSD (yes, monopolizing it, but hey...it's still a dollar)

[rannovan]

As you know, USDT is no.4 in coinmarketcap in rank wise, but BUSD is low rank than USDT. Most users using USDT to transfer funds to banks or in other exchanges because USDT is available for trading on every exchange, and you can use TRC20 USDT due to low fees even no fees for withdrawing funds instead of ERC20 USDT.

This is what makes USDT in the 4th CMC ranking and with a large volume ..
I am always more interested in storing crypto assets in USDT if I want to take a break from my trading routine ... as it saves quite a bit of risk compared to other cryptos.

[aysg76]

USDT or BUSD? I never really sold and withdrew any crypto before. Just wondering what most people do on here when selling and tranfering to their bank accounts.

Although BUSD has passed $100 million market cap but still it lags behind its competitor Tether or USDT.BUSD is in its development stage as agreed between Binance and paxos in 1:1 and is available only on Binance exchange at this time.They have developed this coins on Ethereum blockchain as stablecoins are built on because crypto/fiat pair is not available on Binance and its best option to trade with them.But if you are looking for best option then you must prefer USDT due to its vast benefits and strong team development behind the project and easy to find on other exchanges.

[Alohadanc3]

In the market there are a lots of stable coin available. But I think most popular among them is usdt. I am using usdt for a long time. I know many people don't trust usdt but it's work fine for me. I still use usdt when it's neede. The reason I started to avoid usdt for a bit cause the fees. It's too high  but after usdt(trc) came it's now okay. Now abdays I am using busd and ust a bit much. And i think 3 of them is gone m I never faced any kind of issues.

[sunny28]

These are just two coins of different blockchains, many choose this BUSD because the commission on the Ethereum blockchain is too high to send their money from there

[Fivestar4everMVP]

Well, I think it depends on the country you are in, but generally, I think DAI is the best stable coin because it's the most decentralized, after that, or maybe if Dai is not listed in your local exchange, you can for with USDC, it's the next best stable coin in my opinion, but like I said initially, it depends on the country you are in and what your local exchange lists, cus here in my country, we can easily withdraw in bitcoin, Ethereum, ripple, tron, bitcoin cash, usdt, and several others, we don't have to convert to stable coin before withdrawing to our local bank account, it's that easy over here.

[tabas]

These are just two coins of different blockchains, many choose this BUSD because the commission on the Ethereum blockchain is too high to send their money from there

There other stable coins too and they are not only two stable coins that we have.
If you are going to search for stable coins, there are also Usdc, Dai, Gusd and other that are pegged in Usd and also Euro as far as I've remember.

[bitgolden]

Traders prefer using USDT over BUSD but the truth there is That the two coins are both stable coins and are very good, USDT is more popular and is listed in many exchanges than BUSD and also USDT is more preferable because of its popularity, traders find USDT pairs more convenient in trading than any other stable coins.

Both of them are quite centralized, one of them is tied to a company called Tether and the other is Binance, and both of them are used a lot as well. My question is, how well do you know Tether? Do you know the CEO? Do you know what they do? Where the money is? I can tell you that Binance is obvious, we have CZ , we know the cold storage, basically we have data about them.

I dislike centralized currencies, it is the reason why I am not in fiat and I am in crypto instead, but if I had to pick a centralized stable coin I would pick BUSD because at least we know the data for that one, we have some information about it, that's why I always care for that over any other ones like usdc or tusd or usdt, all of them look like just people trying to make money and nothing more whereas BUSD looks like a way to keep the customers instead of losing them to others.

[KryptoKings]

USDT or BUSD? I never really sold and withdrew any crypto before. Just wondering what most people do on here when selling and tranfering to their bank accounts.

I prefer USDT because it is widely accepted, almost all exchanges accept it, and it is available on different blockchains too.
I mostly use Trc20 usdt because of zero fee. Even exchanges deduct very low fee while withdrawing TRC20 usdt.
I haven't used busd to sell or buy crypto but I am sure many will agree with me that usdt is the preferred stable coin.
Even binance has low liquidity for busd.

[kopijos]

USDT or BUSD? I never really sold and withdrew any crypto before. Just wondering what most people do on here when selling and tranfering to their bank accounts.

USDT I do a lot with that. because in my opinion using USDT can be used as the easiest option for investment, although BUSD can also be the case, but USDT provides comfort for myself.