Hey guys,
I plan on selling some of my altcoins in the near future. Instead of converting it to fiat, I will rather convert it to BTC and stablecoins. I hear a lot of concerns regarding USDT, which is why I want to ask you guys what stablecoin you prefer to hold?
Thanks in advance.
BUSD, DAI & USDT are great...
The three stable coins that I wrote above are very good but you will lose a lot if you only hold the third without generating passive income from the three. I suggest you use the features provided by Binance, you can take advantage of the BUSD, DAI & USDT liquidity pool provided by Binance. so far it has been in my favor because it has given me a share of the rewards from a sizable pool of my capital.
I will go for BUSD as it is secure in my opinion.
Even if we say, Binance collapses or any hacking incident that they may face in the future.
Your funds are secure because of their insurance on this platform, what you call SAFU.
With USDT, somewhat not comfortable with this because we don't know the absolute truth of their assets.