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How to pay

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There are 2 ways to pay (Stablecoin/Bank)

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#1

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Bank: Simple / Long time / High Fee

Stablecoin: Fast / Simple / Comfortable / Low fee

#2

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Bank: You must use Swift to transfer.

Stablecoin: You should get help from a website or online exchange.

Stablecoins are a type of cryptocurrency pegged to an external reference point, such as the USD, to keep the value steady and minimize fluctuations. In most cases, to ensure sufficient reserves to maintain the account, stablecoins are backed by assets, such as gold or cash.

USDT and USDC are the two biggest stablecoins right now.

While some exchanges offer wallets to hold USD between trades, these are state/country-specific. If a trader's region is unavailable, a sell order to cash out USD to a U.S. bank account can take up to five business days, while cashing out to an EU bank account with SEPA transfer takes a couple of business days. On top of the waiting time, there are also transaction fees for fiat withdrawal and deposits.

Now, with the price stability of stablecoins, a trader would be able to convert their earnings from a profitable trade into USD stable coins like USDT and USDC.

Currently, two stablecoins, USDT (Tether) and USDC (USD Coin), dominate the market. They have a combined share of over 80% of the total stablecoin supply.

What is the difference between Bitcoin and Tether?

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Stablecoin is always $1, but bitcoin fluctuates and goes up and down.

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