Quote from: redwine49 on Today at 11:04:06 AM

Quote from: ROGERTHAT777 on February 04, 2022, 02:36:39 AM

Hi guys, this may be an obvious answer, but when I buy altcoins on metamask I go to coinbase btc then buy bnb and at binance.us and send it to trust wallet to convert it to smartchain black bnb and then to the metamask. I was just told you can buy most coins with tether, which would save a step if I can just buy tether on coinbase... is there any reason NOT to use tether and streamline the process? does any find you can't buy some coins with tether? thank you

it's depend on which altcoins you want to buy. if you re using BNB network, I suggest to buy busd because there are a lot liquidity on decentralized exchange(DEX) than using usd tether

Quote from: Psynthax on February 04, 2022, 03:22:28 AM

when you are using stable coin and this will keep the value of your capital. that's quite different when you are using bnb or another altcoin which was volatile.the only reason is if it is tether ethereum and you need a lot of monet to pay yhe fees but to be honest im regularly using tether bsc chain and busd rather than bnb to buy altcoins from pancake. my readon is it can keep my valur and it will not be affected especially during the bearish market like this time. i thought that if you must alao understand about that. you may think busd as alternative as all of bnb assets are also accepting busd like bnb. some tokens may not create pair with usdt bep 20

That's right. i am just gonna add more.
Most of BNB token will go down if BNB goes down and Most of crypto will go down if BTC goes down.
Which mean you can decide to buy major cryptocurrency in order to buy smaller one (ex. own BNB for BNB token)
or stable coin for altcoin. I believe every decision has risks to be taken

that's the first consideration - which alt or token he wants to buy. because you can't find all tokens in coinbase or pancake. so he needs to check first in both platforms or other trading platforms about its availability, and the liquidity as well as fees. he can always compare the approx fees involved because it all boils down to your convenience and fees. he can always check the trading pair if it is avail in the exchange and check the potential amount of fees like trading fee, withdrawal fee. he should start with one alt, because if he will work on several alts he will be confused and tired of doing those tasks.