Most people who enter the crypto world, the first currency they buy is USDT, so why?
Let me explain what #USDT is
#USDT stands for #Tether
It is a stable digital currency tied to the US dollar
This means 1 USDT = approximately 1 dollar, always stable, it doesn’t go up and down like other currencies
It is considered like "cash" in the crypto world
Why do people use it?
1. Easy and fast transfers between platforms and wallets.
2. You can buy any other currency on Binance with it, like SHIBA, BNB, BTC, and others.
3. It protects you from market fluctuations; when you sell a volatile currency, you convert your profits to USDT and maintain its value.
How to buy USDT?
Open your account on Binance.
Go to the "P2P" section (peer to peer).
Choose someone selling USDT, and pay them with a local method (bank transfer, cash, etc.).
The currency will be delivered to your wallet immediately.
Where can I find it on the platform?
Go to "Wallet", then "Spot", and you will see USDT among your balance.
You can then use it to buy any other currency easily.
Tip:
If you are just a beginner, take USDT as a first step, and keep a portion of it safe, while distributing the rest to cheap currencies to learn with like SHIBA or serious projects like RNDR
