Best stable coin when selling crypto?

[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.

[1714997840]

1714997840

[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.