Bitcoin Garden Forum
Cryptocurrencies => Trading => Topic started by: KimKimchi on September 24, 2019, 12:02:13 PM
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Can anyone suggest me on which exchange i can buy USDT
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Tether(USDT) is a stable coin which means that their value remains stable, which is a big advantage for the traders as compared to the other cryptocurrencies. The price of BTC is very volatile, which is why traders take a huge risk when investing in it. USDT could be the safe haven for the traders, which would protect against inflation, with no fluctuation in volatile times. Moreover, USDT dominates around 90% of the USD stable coin market which infers that the traders and exchanges have been happy to forfeit the decentralization of a cryptocurrency.1 BTC would fetch you 7812.84784937 USDT which gives you the actual and updated amount that you get once you trade BTC to USDT. In the last 24 hours, the maximum BTC to USDT exchange rate has been noted at 8046.75247525 and the lowest stands at 7831.97457371. USDT price ascended by 0.05% in past one hour and fell by -0.12% in the last 24 hours. You will get the best rates of BTC to USDT (https://coinswitch.co/coins/bitcoin/bitcoin-to-tether) converter.
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Usually when crypto on bull run many trader sell USDT to get others crypto and that times can be the price of USDT cheaper than now. I think price of USDT is the same rate in all exchanges, just the same thing like price of all crypto in all exchanges. Actually USDT has high transaction fee, and now there are others stable coin that better, that is DAI and TUSD.
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It is good decision to diversify your investment. USDT is a stable coin but before investing analyse market trends (https://www.coincurb.com/news/).
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I use an exchange page, very good for that, work together with coinmarketcap, it's called TradeSatoshi, if you want to know, look here
https://tradesatoshi.com