Why is Tether (USDT) so popular?

[analyst75 12]

Hello Traders:

 

Why is USDT so popular?

 

It is the most popular stablecoin and the largest-cap stablecoin in existence. 68,977,092,527 USDT is currently in circulation.

 

There are certain types of USDT, but the most popular and the most widely used is TRC20, followed by ERC20.

 

At least, 90% of online trading brokers now accept USDT for deposits and withdrawals, and the adoption rate is projected to increase further. So, you can use it to fund your trading account and trade for profits.

 

You can use it to pay people or receive payment.

 

You can use it as a bulwark against crazy fluctuations in the markets. If BTC or ETH or TRX crashes, USDT will not.

 

Having USDT is like having US Dollar because they have the same value and USDT is pegged to USD.

 

You can use it as a store of value.

 

You can convert it to any cryptocurrency offered by your exchange, and you can convert any available cryptocurrency to it. So, if you need any crypto, buy USDT and convert it to that crypto. If you want to withdraw any coins, covert them to USDT and sell for money!

 

You can trade it versus many other popular currencies, as pairs. You can use any trading styles you want.

 

You can also trade it versus other popular coins. We have ETHUSDT, BTCUSDT, TRXUSDT, BNBUSDT, ADAUSDT, DOGEUSDT, SOLUSDT, etc.

 

The uses for Tether – USDT – are so versatile that it is now more popular than Perfect Money, Neteller, Webmoney, Skrill and PayPal (who imposes obnoxious restrictions on people).

 

And this is just the beginning.

 

Therefore, open a crypto wallet and buy USDT today.

 

Profits from free accurate cryptos signals: https://www.predictmag.com/ 

 

 

[tradeforever 10]

I prefer using the Optimism network for sending/receiving USDT; it's among the cheapest fee networks for USDT. However, it takes ~30 mins to complete a transaction while TON (TRC-20) takes a few minutes.

[aimhi 10]

In my opinion this usdt is the only stable coin which is being traded against the btc and other crypto currencies since a long time now.