Digital Dollar Currency USDT
Most people who enter the crypto world buy USDT as their first currency, so why?
Let me explain what #USDT is
#USDT means #Tether
It is a stable digital currency linked to the US Dollar
This means 1 USDT = approximately 1 Dollar, always stable, it doesn't rise and fall 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, convert your profits to USDT and maintain its value.
How to buy USDT?
Open your account on Binance.
Go to the "P2P" (Peer to Peer) section.
Choose someone selling USDT, and pay them using a local method (bank transfer, cash, etc.).
The currency will be sent directly to your wallet.
Where can I find it on the platform?
Go to "Wallet", then "Spot", and you will see USDT as part of 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, keep part of it safe, and distribute the rest on cheap currencies to learn with, like SHIBA or serious projects like RNDR
