Post
Topic
Board Altcoin Discussion
Re: Do you trust USDT?
by
kram31
on 15/01/2021, 03:03:54 UTC
USD Tether is a Bitfinex issued ERC-20 token which is claimed to be backed by dollar at 1:1 ratio. There are controversial opinions about this and some say it's a scam.

Do you trust USDT or believe it might be a scam?

How can I discredit USDT if this pair is giving me a profit. In short, it helped at the moment.
Even up to now, is some exchange platform I used USDT pair to trade into cryptocurrency.
Therefore, I cannot say it is a scam, because it gave a lot of profit to anyone here. And they know it is true.