Question and Answer
❓Q/A: What is the difference between cryptocurrencies and stablecoins? 🤔
🔹 Question: I often hear about "USDT" and "BTC", but what is the difference between them?
🔸 Answer: Both are digital currencies, but their use and purpose are completely different!
🔸 Cryptocurrencies:
Examples: BTC, ETH, BNB
✅ Used as a digital asset that can fluctuate in value
✅ Depends on supply and demand
✅ Invested in with the aim of profiting from price volatility
🔹 Stablecoins:
Examples: USDT, BUSD, USDC
✅ Its price is relatively stable (typically equals 1 US dollar)
✅ Used as a means of transferring or hedging against market volatility
✅ Ideal for preserving profits or buying without fear of sudden losses
📌 In summary:
BTC = High profit opportunity + Risk
USDT = Stability + Ease of moving between currencies
🟢 On the Binance platform, you can easily switch between the two types… and maintain your financial balance according to market conditions
