Post
Topic
Board Altcoin Discussion
Re: Why do you use stable coins?
by
Normie_buys_crypto
on 08/01/2022, 18:06:46 UTC
I maintain a balance of fiat in the centralized exchange as a parking area or reserve to conduct a trade, so I'm not sure what benefit a stable coin could provide over using fiat. Conducting a trade using stable coin pairs is not free--the exchange will still charge fees to conduct a trade in a stable coin, just as it does to conduct the trade in fiat. So I don't see the benefit or purpose of using stable coins, at least for trading.