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
I don't see any reason why you should not use a stable coin to buy the coin that you want to. Every trade that you are doing and every withdrawal that you are making from one exchange to another or to your wallet will cost you a fee, so you should always look to make a trade with as little actions as possible. I don't know if your question was especially regarding the safety of USDT as a stable coin or about stablecoins in general but i can tell you that there are some rumors about Tether since a few years now. The reason for that is, that we can not be sure anymore if the the company behind tether has still enough reserves to back every USDT minted with a real USD.