#Write2Earn What is USDT and why is it used so much?
#Write2Earn #USDT #criptomoeda #Binance
If you are starting in the crypto world, you have surely seen that everyone talks about USDT. I also didn't quite understand what it was or why it was so popular at first, so here I explain it simply.
🟡 What is USDT?
It is a "stable" coin which means it is always worth more or less the same: 1 dollar.
It doesn't rise or fall like Bitcoin or Ethereum. That's why it's called a stablecoin.
🔐 What is it used for?
✅ To store value without it being "deflated" like other currencies.
✅ To avoid wild ups and downs in the crypto market.
✅ To make fast transfers without banks or high fees.
✅ And above all, to use it within Binance and other platforms without having to convert all the time.
🔎 And why not regular dollars?
Because USDT operates on blockchain, you don't need banks and you can send or receive it from anywhere in the world. Literally.
📌 Before you rush to buy coins that rise and fall, understand well how USDT works. It is like your "safe money" in the world. I use it to store balance, make exchanges, and not worry about volatility.
Have you used USDT before? If you have more questions about how to use USDT, I can answer any concerns.