Best stable coin when selling crypto?

[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

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[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.