Re: busd or USDT safe

Quote from: elisabetheva on Today at 08:13:15 AM

Quote from: xiboothrezi on August 10, 2021, 09:05:19 PM

what is clear is that busd and usdt are both functional, depending on your needs, usdt is more widely used as a pair in almost all global markets, while busd is more narrow in use because according to its acronym, Binance USD, it can only be found on binance and pancakeswap. I often use both, depending on which chain or market I'm trading. well, as long as we use it only for trading needs and not used for long-term investment then it looks like using both will still be safe, after all what's the benefit of holding the coin stable for the long term?

in addition, this is a comparison between busd and usdt

_{https://www.coingecko.com/en/coins/binance-usd
https://www.coingecko.com/en/coins/tether}

the dominance of usdt is greater than BUSD. use it wisely, and my advice is better not to keep stable coins as an investment.

I think what you say and give from the comparison clearly there is no difference if it is for price stability, so anything can be used but it is true that more and more widely use usdt than busd.
the most important thing and I underline is "what's good in holding the coin stable for the long term" because there is nothing to be gained from that treatment.
Stable coins never and rarely do it for long-term investment but to hold it for further use it is clear that many do.

they both have the same function. I think this coin is important for those who trade when selling their trading results and are placed on stable coins, with the aim of waiting for the opportunity to return when they will trade again. but in the long term the function may not be optimal, because the asset will remain the same value until later