Post
Topic
Board Altcoin Discussion
Re: Is USDT Tether safe?
by
goigiacmove
on 27/07/2019, 07:52:40 UTC
i dont think so. nd i dont understand the usage of usdt. why would i buy usdt instead of exchanging my coins to usd and put o my bank account.
isn't usd safer than usdt?
Basically, one USDT is back by one USD. Crypto enthusiasts would like to use USDT because they can fastly move USDT around exchanges, and use them to buy bitcoin or altcoins. There are very limited nations and exchanges that allow you to cash out bitcoin directly to USD or other fiats. There is nothing completely safe, Tether USD is not an exception.