USDT or BNB?

[Kavelj22]

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.

I guess the opposite is the right answer; USDT is much more cheaper in Tron network then for BSC smart chain. USDT for polygon is also so cheap but it's not widely used out of the Matic network itself which is not that famous as Tron or BSC.
It's always up to you how you aim to proceed the swap as it's so important to right choose the network. USDT is a stable asset in almost all the networks but the difference is always in the transaction fees. Please avoid using ethereum main network, you will lost a great portion of your savings just for paying the network charges.

[lenovop-70]

USDT and BNB are both equally cheap when we swap, usdt has a BEP20 network when we exchange, while BNB also has a smart chain binance network and also a BEP20 Smart Chain. since Ethereum gas fees went up I used the binance smart chain network on every exchange I did which was definitely usdt,bnb both are cheap when swapping.

Just like I did here, I think they are the choice of most people here who avoid the expensive transaction fees of ERC20. I think I'll switch to another network outside of BSC as well when their fees also creep up as the price of BNB gets higher. It is my principle to make as much profit as possible at minimum cost.

[evichi]

The choice of coins for cheaper swap fee will depend on the blockchain network being used. One of the main reasons that made BNB popular is the Binance Smart Chain (BSC) network. which is a lot cheaper when compared with Ethereum network.  USDT operates on different  networks namely - ERC20, BEP20, TRC20, etc. Though the value of the  USDT remains the same,  the swaping fee from the choice coin to USDT varies according to the network choosen for the transaction.

However,  if USDT is compared with BNB on the same network for swaping,  that is BSC network,  I think the swaping fee will  not differ much or might be the same. But lf USDT is used to swap on Ethereum network,  the gas fee is significantly very high. It is important to take note of swaping fees especially when dealing with Ethereum network. Swaping on Binance Smart Chain  network is significantly cheaper when compared with Ethereum network.

[Fivestar4everMVP]

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


Thank you.

If you are asking about swapping your asset to either bnb or usdt on pancakeswap, I did tell you that there is absolutely no significant difference, I've tried it several times so am very sure there is absolutely no significant difference in prices, and I also speaking of fees, bnb and usdt transactions on BSC are always cheaper than the rest.

[mafoja1]

The difference between usdt and bnb that I find is that usdt price does not increase or decrease and on the other hand bnb price fluctuates according to market, when market increases then bnb price increases and when market decreases then bnb price also decreases.

[lottery248]

i have made this thread to talk about how unsafe USDT currently is. in general, if you aren't big whales, you won't have enough money to pay the minimum redemption fee. as a result, i believe BNB is generally better.

[Maestro75]

On Binance Smart Chain (BEP20), the fee is much more lower, BNB and USDT are both on BSC, the fee also is both low and should be the same.

This is why alot of users are moving to Binance Smart Chain. It even cuts across the binance pegged BUSD which is even zero charge or less than nothing when moving it from binance to some apps like the Trust wallet. On the contrary, the high fees of bitcoin and ethereum withdrawals is nothing to write home about. The high charges makes you conclude that traders and investor's concerns are not considered at all.

[andyou1234]

both of these altcoins have a network that both have very low fees, it is very good to recommend both, where bnb is very volatile while USDT is stable so it is very safe to exchange our money in USDT if the market is chaotic, but I personally prefer chose BNB because the potential for binance is higher, so the opportunity to increase further is very high and profitable.

[DarkDays]

On Binance Smart Chain (BEP20), the fee is much more lower, BNB and USDT are both on BSC, the fee also is both low and should be the same.

This is why alot of users are moving to Binance Smart Chain. It even cuts across the binance pegged BUSD which is even zero charge or less than nothing when moving it from binance to some apps like the Trust wallet. On the contrary, the high fees of bitcoin and ethereum withdrawals is nothing to write home about. The high charges makes you conclude that traders and investor's concerns are not considered at all.

BNB is the way hands down. USDT to me still seems a little unstable and considering the law case, personally I try to stay away from it whenever possible. BNB is the coin leading BSC, so I can only imagine it will increase in popularity. For sure, there are other stable coins representing other blockchains but seems like BNB is still the largest to this day.

DOT is also another one to my view to keep an eye out because the parachain layer 1 solution is going to be huge, with more projects soon building on it. You only need to take a look at the Polkadot Master Ventures VC found to get an idea of what's coming.

[Charles-Tim]

USDT to me still seems a little unstable and considering the law case, personally I try to stay away from it whenever possible.

Fiat is depreciating, yes. Stable coins are fiat pegged coins, yes. But OP was all about which one would come with low fee during swapping. I understood your points, you were never also wrong too.

For sure, there are other stable coins representing other blockchains but seems like BNB is still the largest to this day.

You meant unstable coins.

[apur688]

I think for swapping you can choose BNB, it is the cheaper one.

But I think you should change the question that which network is cheaper?, I think now almost all the stable coin in many networks. For example, USDT, it's been on BEP20, ERC20, TRC20, BEP2, etc.

What USDT or BNB do you mean to the question? Bnb and usdt are in BEP20, and both of them are in ERC20 too, so I think BEP20 Is the cheapest one.

[magneto]

For most trading pairs probably USDT, just because they've got so much more liquidity and available trading pairs.

But for some tokens that are only traded on BSC DEXs, perhaps you will find better prices using the BNB token.

Honestly depends on the situation though and you will have to evaluate your specific circumstances.

[bhooscream]

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

Where do you want to swap?
Commonly there will be always a range of the fee rate for swapping both in USDT, BNB, ETH, and others. And this, you can consider the swap.
However, I think I will prefer to choose BNB, if this is available, i can use the network of BSC or Binance Chain also. The fee of transferring is commonly lower for BNB than USDT (which commonly uses USDT ERC20).

[Alert31]

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


Thank you.

In terms of transaction fee, using BSC is the cheapest way to swap your coins into other coins or to usdt. Ethereum gas fee so far is too expensive that's why people are using Binance smart chain.

But if you are talking about trading pair I always use usdt pair with other coins like bitcoin/usdt, BNB/usdt, ETH/usdt...etc. USDT is a stable coin, BNB is not, so it's up to you what you prefer to swap and where are you going to use it.

[TimeTeller]

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

Thank you.

In terms of transaction fee, using BSC is the cheapest way to swap your coins into other coins or to usdt. Ethereum gas fee so far is too expensive that's why people are using Binance smart chain.

But if you are talking about trading pair I always use usdt pair with other coins like bitcoin/usdt, BNB/usdt, ETH/usdt...etc. USDT is a stable coin, BNB is not, so it's up to you what you prefer to swap and where are you going to use it.

There are other factors to consider here just like what Alert mentioned.
Also, you need to consider the trading platform that you will use because they have different fees.
We don't know exactly what is the OP's purpose here because sometimes it matters.
So his question is quite vague. What is his end game why he is doing this swapping thing?

[Orange89]

I think USDT will be Cheap for Swapping the only reason because of price deflation of BNB coin but if you need trust then then both of them are good but USDT trust is more reliable due to it's more acceptance but in term of Volume bnb is amazing and it also had bright future and definetly a gem token to hold on your portfolio

[nurulhmani1280wat]

Remember it really depends on the platform you use, if you use BNB or USDT based on BEP20/BEP2 token swap fees are relatively cheap, then when you use the ETH/USDT and ERC20 platforms the gas costs are of course very large.

[Renampun]

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


Thank you.

depending on what network you are using...

polygon, bsc and avax networks charge low fees for both, currently many CEX/DEX exchange platforms have adopted multi chain so you don't have to be afraid of swap fees.

[aruldaroy]

As far as I know the swapping process on the binance smartchain is very cheap compared to when we exchange it on the ethereum blockchain and the fees on BNB are very different from uniswap.
So far many have chosen the BNB network over the ethereum blockchain because apart from the low cost the network is also easy.
investors also prefer BNB as their investment coin because they know that if BNB follows the market price,
if the market price goes up then the price of BNB will automatically go up as well as if the price of BNB goes down.

[Galley]

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


Thank you.

depending on what network you are using...

polygon, bsc and avax networks charge low fees for both, currently many CEX/DEX exchange platforms have adopted multi chain so you don't have to be afraid of swap fees.

We can only welcome the polygon network, considering it from the point of view of payment per transaction. I have been using it more and more often lately, especially since there are no problems transferring funds from one network to another.