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Author Topic: Best stable coin when selling crypto?  (Read 923 times)
tsaroz
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March 14, 2021, 02:15:10 PM
 #41

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.

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March 14, 2021, 02:21:57 PM
 #42

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.  
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March 14, 2021, 02:29:50 PM
 #43

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.
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March 14, 2021, 02:31:54 PM
 #44

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.

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March 14, 2021, 04:24:51 PM
 #45

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.


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matchi2011
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March 14, 2021, 04:31:01 PM
 #46

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.

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March 14, 2021, 05:06:53 PM
 #47

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.
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March 14, 2021, 05:06:59 PM
 #48

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.



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March 14, 2021, 05:51:05 PM
 #49

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.
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March 14, 2021, 06:25:34 PM
 #50

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.
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March 14, 2021, 06:54:47 PM
 #51

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.
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March 14, 2021, 07:16:22 PM
 #52

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

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March 14, 2021, 07:40:43 PM
 #53

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.
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March 14, 2021, 08:50:29 PM
 #54

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.
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March 14, 2021, 09:11:40 PM
 #55

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.

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March 14, 2021, 10:41:01 PM
 #56

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

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March 15, 2021, 07:32:22 AM
 #57

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
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March 15, 2021, 07:49:46 AM
 #58

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.
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March 15, 2021, 07:52:33 AM
 #59

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.

 
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March 15, 2021, 08:02:40 PM
 #60

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.

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