Best stable coin when selling crypto?

[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.