Digital Dollar Currency USDT
Most people who enter the crypto world buy USDT as their first currency, so why?
Let me explain what #USDT means
#USDT means #Tether
It is a stable digital currency pegged to the US dollar
Which 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 use it to buy any other currency on Binance, 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 do you buy USDT?
You open your account on Binance.
Go to the "P2P" section (peer to peer).
Choose someone selling USDT, and pay them using a local method (bank transfer, cash, etc.).
The currency will reach 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 a beginner, take USDT as a first step, keep a portion saved, and distribute the rest on inexpensive currencies to learn with like SHIBA or serious projects like RND
