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Author Topic: USDT or BNB?  (Read 1307 times)
iv4n
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December 07, 2021, 08:14:47 PM
 #61

Even USDT on the BSC chain if possible, if not I will not use it! Simply fees are to high for Ethereum transactions, so I use BSC whenever I can to move USDT if it's not possible I will choose some alternative! As a user, an ordinary one, I choose BNB over Ethereum, and lately, I use BUSD for my trading... it's more convenient, cheaper, and faster transactions can be combined with other chains! One more thing, BNB is probably one of the good long term investments at the moment, they are still far from their top I think!

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December 07, 2021, 09:47:52 PM
 #62

I think it follows the needs of the trade itself. But in general we have to minimize gas expenditure/fees and we get that from the BSC while ETH if it can be converted on a polygon network I think it can still cut gas costs

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December 07, 2021, 11:51:33 PM
 #63

I Think both are best choice. BNB network transaction gas fee is very low.And now many people use BNB network transaction gas fee. But ETH gas fee is Very high.All depends on both USDT And BNB on Between use BNB or USDT. But for me i choose both and Usually Using both.
But if this is about for swapping, USDT will commonly have higher fees and BNB is probably better than USDT. Moreover if we are going to transfer the coin after swapping, BNB will be better. But As you said, everybody may have different choices, moreover  if they have had Ethereum gas fee at first in the wallet to swap, they will probably prefer to use USDT. And this is also about the common and habit of using it for swapping.
But once more, swapping fees will be very considerable because this is what we will spend and consider whether it is profitable or not. And the two are safe for swapping. 


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December 07, 2021, 11:55:28 PM
 #64

This all depends on the network we use if you use erc-20 then the cost of usdt incurred is greater for now, but currently many who use the BSC network because the cost of gas incurred is lower both using BNB and USDT then both we can rely on, if you want to exchange coins then you have to see first what network is already registered on the coin if using erc-20 then the cost must be incurred very high for now.

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December 08, 2021, 12:48:21 AM
 #65

Hello,
Which one is more cheap for the swapping? The Binance Coin or USDT?


Thank you.
the fee between usdt or bnb is the choice of each. but for myself chose to support multiple tokens in the BSC network. for example BEP20, this BEP20 through the BSC ecosystem to create liquidity and retrieve price forecasts via on-chain smart contracts has proven to the public that the binance network is worthy of choice for swaps and has a good variety of tokens

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December 08, 2021, 02:33:19 AM
 #66

Hello,
Which one is more cheap for the swapping? The Binance Coin or USDT?


Thank you.

I'm assuming u are reference to USD Tether that rely on ethereum network, so the answer is BNB.
ETH network fee is crazy lately, whenever i'm going to swap coins on uniswap, sometimes the fee is double of my amount that i want to buy so it's insane, we need more stable and cheaper fees for ETH.
But if you want to swap with binance network but and still with USD, you can do it with BUSD
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December 08, 2021, 02:54:22 AM
 #67

I don't think it's too difficult to exchange both coins, bro, even both of them have not that big of a fee, but I myself still use Binance's smart network BNB, bro.
Indeed. Using BNB smart network can reduce the fees that can be bigger if you use the ETH network, so many people prefer to use BNB right now.
They use USDT but it should swap and use the BNB network if they want to reduce the fee to be a choice for each person they select when they want to make a transaction.
I prefer to use BNB than USDT because the fee is too high.

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December 08, 2021, 02:58:55 PM
 #68

Swap depends on your requirements, if are using Binance smart chain then I prefer to use BNB instead of USDT this is the cheap cost of swapping BNB but if your using other networks of USDT like ERC20 then USDT swap is a high cost so other networks have the cheap cost of USDT.

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December 08, 2021, 04:07:13 PM
 #69

USDT is a stable coin that has high integrity, so many crypto users use USDT as a medium of exchange, while BNB is an alternative altcoin that is used as a very profitable investment in the future and can be used as a substitute for FIAT money, and BNB has a platform that  very large with very low fees, I personally prefer BNB because BNB is superior to usdt,

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December 08, 2021, 04:38:36 PM
 #70

Since USDT is more available, it supports more trading pairs and is easier to complete trades. However, BUSD will likely become more visible as people see its qualities and the demand for such stablecoins increase.
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December 08, 2021, 04:56:25 PM
 #71

Hello,
Which one is more cheap for the swapping? The Binance Coin or USDT?


Thank you.
If you use pancakswap then swapping to bnb is better. If you chose usdt then after swapping you will send it to exchange and almost 0.2$ will be charged. Usdt sending fee is just like sending token from bnb or any network.
If you swap to bnb and then send to exchange its charge only 0.05$ fee which is cheaper the usdt.









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December 08, 2021, 06:21:18 PM
 #72

I think this is very easily say that which is a best so BNB and USDT this bnb is a very strong coin everyone support and use this coin and the usdt is a stable coin and everyone easily buy and sell this token so the bases of stable coin everyone support usdt but the other side people support bnb because there price of fee is so low.

i agree with you that binance is better than usdt because binance is a network that has low gas costs both for swap and transfer with a very fast system, even though usdt has another advantage, namely its very high stability so it can be used in any case , but binance has a very high unity compared to usdt, that's why I always choose the binance network for transactions.

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December 08, 2021, 06:43:54 PM
 #73

The most important thing for traders is to cut the minimum fee.  Depending on which network you are going to use.  If you use ETH or ERC20 USDT network for swap tokens, of course the cost is much higher compared to BNB or BEP20 network.  The highest fee is charged on the ERC20 network for switching to USDT.
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December 09, 2021, 06:17:29 PM
 #74

The most important thing for traders is to cut the minimum fee.  Depending on which network you are going to use.  If you use ETH or ERC20 USDT network for swap tokens, of course the cost is much higher compared to BNB or BEP20 network.  The highest fee is charged on the ERC20 network for switching to USDT.
That's right, not everything can be done with BNB, Ethereum or ERC 20 USDT, depending on which project we are in, at this time there are indeed many projects that use BNB as an option, but there are also some projects that are still comfortable with ethereum or ERC 20 USDT, The maximum cutting cost is also very dependent on which project we are on, so the choice of the best one is a requirement imposed by the project, we cannot choose according to our wishes.



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December 09, 2021, 06:24:01 PM
 #75

Of course BNB. So far BNB can be trusted to make swaps at a low cost. The USDT we know is usually in the network of ethereum. And they're all having the same problem. The cost of gas is high. The presence of BNB referred to as Binance Smart Chain (BSC) is the best gas problem solving solution from BNB offered to all of us.

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noah tall
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December 10, 2021, 11:07:09 AM
 #76

I suggest BNB because bnb is raising price day by day . And the usdt is stable crypto currency. If you just want to save your portfolio then you should select usdt but if you want to earn and want to get some profit then you should select bnb.

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December 11, 2021, 03:26:14 PM
 #77

I suggest BNB because bnb is raising price day by day . And the usdt is stable crypto currency. If you just want to save your portfolio then you should select usdt but if you want to earn and want to get some profit then you should select bnb.
I agree with your view, BNB is getting better day by day, even this coin continues to be stable in the market until now, even though there are corrections that occur at certain times, whereas if you want to save your portfolio then it's better to choose Usdt, but I think to get maximum profit in the future, you should choose BNB as a promising investment.



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December 11, 2021, 03:44:45 PM
 #78

Your question is not clear? maybe you are not aware of some information. by the way, USDT has been using different networks/Blockchain it was used in Bitcoin Network, Ethereum, Tron, BSC, and also in main Binance Network, But I will answer base on your question it depends on the network, but I guess USDT on BSC is the cheapest transaction fees, second is the USDT on TRON network.
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December 11, 2021, 04:06:53 PM
 #79

Hello,
Which one is more cheap for the swapping? The Binance Coin or USDT?


Thank you.

You can swap to USDT if you want a stable coin, that's an option and I can't give you any advice. do the swap as you like and make sure you have a gas fee to pay for every transaction on the BSC network

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December 11, 2021, 04:28:58 PM
 #80

I suggest BNB because bnb is raising price day by day . And the usdt is stable crypto currency. If you just want to save your portfolio then you should select usdt but if you want to earn and want to get some profit then you should select bnb.
BNB only goes up when the market is in good condition and when Bitcoin starts to move upwards, if those two things are not present, then BNB can also experience a price decline as it is now, so it's not always an increase in BNB's price, this is what you need to understand too.
of course, the progress of the BNB market can also be affected by the bitcoin market. and it is very easy to fall if the market conditions move in a negative direction like today. most altcoins can't fight the market dominance created by bitcoin. and it will always bring the movement for altcoins.
but it will be different for a stable asset like USDT. when the market is in a downtrend, then we can see the adoption of stable assets will increase and that will increase the price. although not in high value.









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