EnergyHot100 (OP)
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February 25, 2021, 03:23:17 AM |
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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.
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KryptoKings
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February 27, 2021, 08:18:57 AM |
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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.
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xz0708
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February 28, 2021, 06:57:36 AM Last edit: March 01, 2021, 04:04:35 AM by xz0708 |
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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.....
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EnergyHot100 (OP)
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March 13, 2021, 02:35:44 AM |
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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.
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Swopon
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Gamdom
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March 13, 2021, 02:55:21 AM |
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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.
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dhemasm
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March 13, 2021, 03:55:38 AM |
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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.
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Lantind
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enterapp.io | CRYPTO WEB3 NEOBANK
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March 13, 2021, 04:55:28 AM |
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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.
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| | │ | ██████████ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██████████ | CRYPTO WEB3 NEOBANK | ██████████ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██████████ | │ | | | | | |
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pakhitheboss
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March 13, 2021, 06:09:52 AM |
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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.
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iv4n
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March 13, 2021, 06:27:02 AM |
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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!
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akirasendo17
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March 13, 2021, 06:28:38 AM |
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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.
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killerfrost
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March 13, 2021, 06:47:42 AM |
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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.
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naomi-the-cat
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March 13, 2021, 06:49:44 AM |
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There are ways to send USDT without fees and USDT is listed on any exchange. I will choose it
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doctor877
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March 13, 2021, 07:02:49 AM |
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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.
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tarable
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March 13, 2021, 07:15:02 AM |
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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.
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Farma
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March 13, 2021, 07:44:33 AM |
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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.
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OcTradism
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March 13, 2021, 07:49:18 AM |
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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
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kevinzxz
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👉bit.ly/3QXp3oh |🔥Launchpad on TON
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March 13, 2021, 10:36:59 AM |
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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.
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SyndicateLabs
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March 13, 2021, 10:51:04 AM |
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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.
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OcTradism
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March 13, 2021, 11:00:52 AM |
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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 WatchlistThe total outstanding supply of stablecoin has surged past $50 billion, according to data compiled by http://CryptoRank.ioSource: https://twitter.com/CryptoRank_io/status/1370371999235768324
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CAPT.DEADPOOL
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PHORE
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March 13, 2021, 11:47:27 AM |
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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.
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