Is USDT real or fake?
I've heard a lot about USDT recently, but I'm not sure if it's legitimate or not. Could you please explain what USDT is and whether it's a real cryptocurrency or a fake one? I'm particularly concerned about its reliability and whether it's backed by any assets. Additionally, how does it differ from other stablecoins, and what are the potential risks associated with investing in USDT? Thank you for your time and assistance.
Is USDT 1 to 1?
Excuse me, I'm new to the world of cryptocurrencies. I've heard a lot about USDT, but I'm not quite sure what it is. Is USDT really worth 1 US dollar? Is it a stablecoin that maintains a 1:1 peg with the US dollar? Or is it just a marketing gimmick? I'd appreciate it if you could clear up my confusion. Thank you!
What is the differences between BTC and USDT?
Excuse me, I am a beginner in the world of cryptocurrencies. Could you please explain the differences between Bitcoin (BTC) and USDT? I understand that both are cryptocurrencies, but I am confused about their underlying mechanisms, applications, and risks. Could you also compare their value and popularity in the market? Thank you very much for your help.
Which is better USDT or Bitcoin?
I'm new to the world of cryptocurrencies and I'm trying to understand the differences between USDT and Bitcoin. Could you explain which one is better and why? I've heard that USDT is pegged to the US dollar, while Bitcoin is a decentralized cryptocurrency. How does this affect their performance and value? I'm also curious about their use cases and which one is more widely accepted. Could you provide some insights and comparisons between the two?
Why does it cost so much to send USDT?
I'm a bit puzzled. Why does it cost so much to send USDT? It's just a digital currency, isn't it? Shouldn't the transaction fees be relatively low compared to traditional banking systems? I understand that there are network fees involved, but the prices I've seen for USDT transfers are significantly higher than what I would expect. Can you explain what's causing this?