What's the difference between cryptocurrencies and stablecoins?
To our friends, there’s something that many people get confused about, and it’s important to clarify:
What's the difference between Bitcoin and USDT? Let me tell you simply:
Cryptocurrencies like BTC and ETH are volatile, meaning their price goes up today and down tomorrow. They are used for investment or transfers.
Stablecoins like USDT and USDC are tied to the dollar, meaning their price is almost stable. They are useful when the market is fluctuating; you can keep your profits in them to stay safe.
A heartfelt piece of advice: If the market is unclear, put a portion of your money in a stablecoin and monitor the market closely before entering any trade.
