Post
Topic
Board Exchanges
Re: Trading BTC with USD
by
TryNinja
on 05/09/2017, 18:18:54 UTC
You can actually trade your coins for USDT at Bittrex. It is a token supposed backed by 1 USD.

1 Tether (USDT) is worth 1 dollar, so you can for example, sell 1 BTC for 4350 USDT and rebuy when the price goes down without needing to transfer money between your bank account and the exchange.

But I would be careful, they seem to be shady at the moment. Check the links:

https://twitter.com/Bitfinexed/status/904867721652797440
https://www.reddit.com/r/btc/comments/6y4p49/tether_has_created_a_total_of_70_million_in_new/