Usdt reddit

8541

Jan 13, 2017

Submit your details to this registration form. Benefits of using USDT to a normal user Hi, I am a crypto user trying to understand what's the disadvantage of using one stable coin over other (tether or usdt) ? I see there are a lot of stable coins which add the same value for all users. BUSD is a stablecoin and its value is pegged to the USD or USDT value. So it doesn't make any difference.

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I see there are a lot of stable coins which add the same value for all users. BUSD is a stablecoin and its value is pegged to the USD or USDT value. So it doesn't make any difference. E.g. in a catastrophic scenario where the dollar gets inflated 100 times you think that BUSD will stay strong just because its backed by something and that the rate will be 1 BUSD = 100 USD? Btc has been going up, a week ago it was 46,000 now it’s like 51. So if you had 1 bitcoin worth of usdt it’s now 46,300 so the usdt is worth less bitcoin comparatively. Btc is up about 10% The usdt is up <1% PIVX: Protected – Instant – Verified – Transaction (X), a pioneer in Proof of Stake (PoS) technology, is an MIT licensed, open source, decentralized blockchain-based cryptocurrency focused on achieving fungibility, optional financial data protection through the use of the revolutionary SHIELD protocol, community governance, network scalability, and real-world utilization to become one of Hello.

Hodlnaut is a company that is currently offering investors and crypto enthusiasts the possibility to earn interest on their cryptocurrencies. As we mentioned before, the site is offering support to three large digital assets: BTC, USDC and USDT. In the future, new coins can be added according to the demand in the market.

Usdt reddit

May 10, 2020 Tether (USDT) has pegged its USDT tokens to the price of the US dollar by using blockchain technology. Tether belongs to the category cryptocurrencies called stablecoins that aims to keep cryptocurrency valuations stable, in opposition to other cryptocurrencies, such as Bitcoin and Ethereum. History of exchange rate for USDT/USD or (TETHER / US Dollar) Recently converted 1 611 to NAS. Just Now. 0.22144500 ETH to NOK. 1 seconds ago.

BUSD is a stablecoin and its value is pegged to the USD or USDT value. So it doesn't make any difference. E.g. in a catastrophic scenario where the dollar gets inflated 100 times you think that BUSD will stay strong just because its backed by something and that the rate will be 1 BUSD = 100 USD?

The main upside is that it’s less volatile and it won’t fluctuate nearly as much as other cryptocurrencies. Any CoinPoker player can use USDT to make a deposit and hit the tables. After the session funds can be withdraw back to the verified wallet in USDT rather than in CHP, ETH, or BTC. May 10, 2020 · Tether (USDT) is a blockchain-based digital asset, or cryptocurrency, whose circulated tokens are backed by traditional, or Fiat currencies.

Usdt reddit

Chris Graythen, Getty Images. Email icon; Facebook  Read the latest Tether (USDT) headlines, all in one place, on NewsNow: the one- stop shop for news. 6 Feb 2021 “Buy dogecoin! Have you seen it? I think we can get it to a dollar.” A vocal group of buyers on Reddit have made it their mantra to  USDT ROADMAP TO SUCCESS. Guiding Your Transition. Selling your dental practice is an emotional decision, and the process isn't as simple as posting a

Usdt reddit

Submit your details to this registration form. Benefits of using USDT to a normal user Hi, I am a crypto user trying to understand what's the disadvantage of using one stable coin over other (tether or usdt) ? I see there are a lot of stable coins which add the same value for all users. BUSD is a stablecoin and its value is pegged to the USD or USDT value.

USDT, or Tether Limited, was conceived of in January 2012. Back then the whitepaper referred to it as Mastercoin. How to Buy Tether on Paxful Paxful aims to make financial services accessible to millions of underbanked individuals worldwide. We give you the freedom to exchange your money for Tether (USDT) and use it as you see fit; be it for paying for goods and services, protecting your assets against inflation, purchasing digital currencies, or to hedge against the price volatility of cryptocurrencies. Tether is a decentralized form of digital asset/cryptocurrency. In the last 24 hours USDT price is up 0.03 %. Tether has an available supply of 36,799,782,359 and a total supply of 36,799,782,359 coins alongside with $36.8B market cap and a $134.3B 24h trading volume.

0.00515464 XMR to USD. Just Now. 1.994544 BTC to HKD. 1 seconds ago USD-pegged TETHER Token (USDT) is a stablecoin with a value meant to mirror the value of the U.S. dollar.A digital token pegged to fiat currency provides individuals and organizations with a robust and decentralized method of exchanging value while using a familiar accounting unit. Tether Statistics. Tether price today is $1 USD, which is up by 0% over the last 24 hours. There has been an hourly rise by 0%.Tether’s market cap currently sits at $37,084,700,000.00 USD, holding up for a market cap rank at #5.There is an downfall in the weekly values by -0.02% Yesterday’s opening price reports to be $1 USD while closing rates were $1 USD The high/low price for yesterday Aug 05, 2020 Jan 13, 2017 Also, in less than a month, the number of addresses with a balance in Tether saw a 28% increase to a total of 1.32 million addresses with an actual balance in USDT, as per IntoTheBlock..

Aug 04, 2014 · Tether is a blockchain-enabled platform designed to facilitate the use of fiat currencies in a digital manner. Store, send and receive digital tokens pegged to dollars, euros, and offshore Chinese yuan person-to-person, globally, instantly, and securely for a fraction of the cost of any alternative. Each Tether token (USDT) is supposed to be “tethered” to one U.S. Dollar — and thus offer a stable spot for traders to park their money when exiting a trade in BTC, ETH, or other paired cryptocurrencies.

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USDT: is extremely liquid and consists the perfect intermediary coin for fast trading transactions and shorting. But could be risky for long term holds as it can suddenly drops and loses its per tether value. USDC: is audited unlike USDT and is pegged to the US dollar USD, each USDC is pegged to one USD held in reserve making it more solvent and more trustworthy than USDT and USDT is also called Tether which is made to be valued equal to 1 US dollar. It means that 1 Tether would always be equal to 1 USD although there are many controversies associated with the coin. Let’s know more about USDT, its benefits and use cases. Dec 27, 2020 · Overall, $6.6B worth of Tether (USDT) now exists on the TRON blockchain, and between 300-400k USDT transactions are conducted each day. 24 hour USDT volume is $111.72B.

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Tether is a blockchain-enabled platform designed to facilitate the use of fiat currencies in a digital manner. Store, send and receive digital tokens pegged to dollars, euros, and offshore Chinese yuan person-to-person, globally, instantly, and securely for a fraction of the cost of any alternative.

Tether is certainly able to control your USDT if needed.