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Author Topic: Why Stablecoin is so important in cryptocurrency?  (Read 6747 times)

Offline Tanimariya

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Re: Why Stablecoin is so important in cryptocurrency?
« Reply #15 on: December 09, 2020, 08:22:33 AM »
Many fees are required to transact USDT erc20. But there is no fee for USDT TRC20 transaction. As far as I know, there is a very low fee required to transact USDT TRC20 on different exchanges. However, it costs a lot more to transact USDT erc20. However, there is no fee to withdraw USDT TRC20 from binance.

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Re: Why Stablecoin is so important in cryptocurrency?
« Reply #15 on: December 09, 2020, 08:22:33 AM »

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Re: Why Stablecoin is so important in cryptocurrency?
« Reply #16 on: December 10, 2020, 02:11:06 PM »
Many fees are required to transact USDT erc20. But there is no fee for USDT TRC20 transaction. As far as I know, there is a very low fee required to transact USDT TRC20 on different exchanges. However, it costs a lot more to transact USDT erc20. However, there is no fee to withdraw USDT TRC20 from binance.
That's right, I also really like to make transfers in USDT TRC20, on the throne the commission is practically zero, in comparison with the ERC - 20

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Re: Why Stablecoin is so important in cryptocurrency?
« Reply #17 on: February 20, 2021, 02:39:10 AM »
Many fees are required to transact USDT erc20. But there is no fee for USDT TRC20 transaction. As far as I know, there is a very low fee required to transact USDT TRC20 on different exchanges. However, it costs a lot more to transact USDT erc20. However, there is no fee to withdraw USDT TRC20 from binance.
That's right, I also really like to make transfers in USDT TRC20, on the throne the commission is practically zero, in comparison with the ERC - 20

People are now using USDT for taking zero fees opportunity, i also take it.  :)
Now Ethereum and Bitcoin gas fee touches the sky so users are finding an alternative way to escape fees. Hence USDT TRC20 are helping them a lot.

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Re: Why Stablecoin is so important in cryptocurrency?
« Reply #18 on: February 24, 2021, 03:34:26 PM »
Just as you said, stable coins are very important because we can use them to protect our coins to avoid volatility in crypto markets. I think if there are no stable coins in crypto markets, then we can see huge losses almost every day.

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Re: Why Stablecoin is so important in cryptocurrency?
« Reply #19 on: March 01, 2021, 06:46:40 PM »
Stable coins account for a large amount of assets in the entire crypto capitalization, and the volume of transactions is also extremely large. Based on the volatility of the number of stable coin assets in the market, we can predict how the current trend is, whether investors are buying crypto or taking profits through stablecoins. Currently stable coin is being issued more and more, signaling an upcoming uptrend.
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Re: Why Stablecoin is so important in cryptocurrency?
« Reply #20 on: March 05, 2021, 04:23:14 AM »
I don't think that altcoins will have any value if they don't have Fiat or stable coins that support them.
except maybe these altcons are supported by Bitcoin, Ethereum or Binance coins which already have a very large market cap.
The function of the coin stable coin is to prove that the altcoins created have an alias value will not end in SCAM !
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Re: Why Stablecoin is so important in cryptocurrency?
« Reply #21 on: March 12, 2021, 06:46:36 AM »
I have a Fiat Stable coin from my country, namely Indonesian Rupiah but in the form of BIDR on the Binance Exchange.
I haven't done anything out of the ordinary to keep speculating with cryptocurrency, be it Bitcoin or altcoins because today I don't want to be called greedy.
The market is getting higher its market cap and the price of all cryptocurrencies is getting higher, I'm not prejudiced but someday there will be Bearish and for sure I have the BIDR to buy all the altcoins that are dumping.

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Re: Why Stablecoin is so important in cryptocurrency?
« Reply #21 on: March 12, 2021, 06:46:36 AM »


Offline nadyn

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Re: Why Stablecoin is so important in cryptocurrency?
« Reply #22 on: March 12, 2021, 08:12:32 PM »
Stablecoin is very important for any cryptomaniac. It's a lifeline if bears come to the market. You can always go to Stablecoin and wait out the market fluctuations and drawdowns in your wallet.

Offline pacar_tiri

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Re: Why Stablecoin is so important in cryptocurrency?
« Reply #23 on: March 13, 2021, 04:16:10 AM »
Just as you said, stable coins are very important because we can use them to protect our coins to avoid volatility in crypto markets. I think if there are no stable coins in crypto markets, then we can see huge losses almost every day.


Yes, I agree . We can sell our coins at bullish then convert to stable coin like USDT. So, I think stable is good coin to protect our coin against volatility. While dump we can buy more coin and staring to hold. I think stable coin is really usable.

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Re: Why Stablecoin is so important in cryptocurrency?
« Reply #24 on: April 03, 2021, 02:16:03 PM »
because exchanger can not or not support payment fiat money all country in the world
if support several  country with big fee use bank wire transfer
« Last Edit: April 03, 2021, 05:51:01 PM by kiwa »
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Re: Why Stablecoin is so important in cryptocurrency?
« Reply #25 on: May 07, 2021, 07:44:41 AM »
-
Yes, it really provides very good information for USDT using the TRC20 blockchain at a very low cost, even 0.
Even now, BUSD from Binance when sending coins using the Binance Smart Chain Blockchain costs 0 for fellow Binance Smart Chains.
Indeed, this stable coin is really needed in the cryptocurrency market because I am sure that I also have a stable BUSD coin in the Binance wallet to anticipate a Dump.
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Offline trauchot

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Re: Why Stablecoin is so important in cryptocurrency?
« Reply #26 on: May 07, 2021, 04:37:26 PM »
Stablecoins are needed because the cryptocurrency market falls too often, and at this moment cryptocurrencies are needed that do not fall and do not grow in price, and its stablecoins and if there were no stablecoins, then already long time ago most people would have lost a lot of money, and therefore it is good that there are stablecoins and, most importantly, that there are a lot of them and there is plenty to choose from.
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Offline SafeAtom

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Re: Why Stablecoin is so important in cryptocurrency?
« Reply #27 on: June 16, 2021, 12:09:42 PM »
Stablecoins is fastest way to buy crypto in big amounts

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Re: Why Stablecoin is so important in cryptocurrency?
« Reply #28 on: July 10, 2021, 07:42:16 AM »
I remember the period when there were no stable coins yet and then the gap between cryptocurrency and fiat was sharply felt. Stable coins just became the bridge that connected decentralized cryptocurrency and national currencies of states. Using cryptocurrency has become much more convenient. Cryptocurrency develops and becomes available to people.

.FX..BOX.
 
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Re: Why Stablecoin is so important in cryptocurrency?
« Reply #29 on: October 18, 2021, 04:18:02 PM »
I learned a lot of good information.You yourself are a very wise man.And your posts are very informative.Thank you very much.I think the stable coin will come in the next few days Will go to the leading position. And it will make the market much more sustainable.And I hope that will provide some additional benefits.
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