USDT

Subtraktions

Weird, my USDT seems to still be worth a dollar, and going down due to inflation.

KGB4L

Watching people pray on Teather’s downfall in crypto community is so fucking counter-intuitive. How do people not realize that as soon as USDT falls, your other crypto coins are going to the ground with it. It’s the largest and most popular stable coin used on every platform and it has the most trading pairs by a wide margin. Personally, it’s the only one i use and will continue using.

KeithHirst

i moved over £450 USDT equivalent to Gemini recently who charge huge fees to trade but most of my loss is from the market. I’m not touching the cash as it is HODL. In time it could be worth £2000 or far more. If zero then no great loss. Don’t sweat the small changes, this is a generational change.

No-Moment1097

I have a SafePal wallet with USDT, and I have the seed phrase. (agent ensure leopard music across coil civil drop toss diary curtain clown). How should I go about transferring them to Binance?

coinfeeds-bot

tldr; The stablecoin market has reached a new milestone with a total market capitalization of $170 billion, the highest since the TerraUSD collapse in May 2022. This resurgence is led by Tether (USDT), USD Coin (USDC), and Dai (DAI), which together account for 94% of the market. Analysts view the growing stablecoin supply and the decrease in Bitcoin reserves on exchanges as bullish signs, suggesting a potential Bitcoin price rally. Increased global liquidity also supports a positive outlook for Bitcoin, with expectations of a strong year-end surge in Q4 2024. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

Fenix-Zeta

I would like to inform you that I have already made a deposit but I did the math wrong and only 99 USDT were deposited and it did not allow me to verify. I should try again to be able to withdraw that money.

arBettor

According to their latest reserves report they're 84% Cash/Equivalents/Short term deposits. It's difficult to imagine a scenario where owners of USDT are trying to redeem more than 84% of their units over a short period, forcing Tether to dip into other categories like gold/BTC/other. And yeah they can easily make that amount of profit by doing it right. They're sitting on $118 Billion. Their 6B profit represents a 5% return on that base - almost exactly the yield of T-Bills over the past year. Their profit is what what comes from taking no risk (in USD nominal terms). It's the perfect business...I only wish I had thought of, and implemented it, first.

funkinaround

Madoff couldn't support redemptions. Tether did, in 2022. Tether "should have collapsed" but didn't as they redeemed $19B USDT tokens.

arBettor

But Madoff was aiming for, and claiming to generate, fairly unrealistic and uncorrelated returns. USDT is promising an exactly 0% return, which is remarkably easy to promise and achieve in a positive interest rate environment. They're really not comparable.

alesoftware

Hold a portion (5-10%) in stablecoins like USDC or USDT, especially for quick access to liquidity if the market dips and you want to buy the dip.

Joe-M-4

OP here - yes, I can explain that. Check the first point under the tl;dr, ser. Spoiler: in a moment of weakness on dark and stormy night in early 2019, I decided to stay true to the Top Ten spirit of this Experiment and include USDT. Now I keep one in every year to allow for an honest/accurate comparison between the portfolios, or at least that is the intent. I certainly didn't foresee the rise of stablecoins, I thought it was a feature of the deep bear we were in. In retrospect, yeah, I wish I didn't include stables. In 2020, I tried to get fancy with my $100 in stables, that didn't go well lol

Markd0ne

Can someone explain what is the point of investing in stablecoin (USDT)?

s1l3ntB3h0ld3r

I found this (just wait till 13.09) At 2024-09-10 03:00 (UTC), Binance will delist all existing MATIC spot trading pairs (i.e., MATIC/BNB, MATIC/BRL, MATIC/BTC, MATIC/ETH, MATIC/EUR, MATIC/FDUSD, MATIC/JPY, MATIC/TRY, MATIC/USDC, and MATIC/USDT) and cancel all pending MATIC spot trading orders. At 2024-09-13 10:00 (UTC), Binance will open trading for the POL/BNB, POL/BRL, POL/BTC, POL/ETH, POL/EUR, POL/FDUSD, POL/JPY, POL/TRY, POL/USDC, and POL/USDT trading pairs.

Dazzling_Marzipan474

To move it it has to be moveable. You can't send USD from a wallet. You need to send crypto to an exchange to exchange it for USD. You can sell some USDT from the wallet for some ETH to be able to move it. I don't know if Coinbase app has a swap feature but most wallets do. Click swap asset or something like that and swap USDT for ETH. Then on Coinbase app click USDT and click receive, that'll provide an address you can send to. Make sure you select ETH network. Send a small amount like $10 to make sure it gets there before you send the whole amount. If you send it to the wrong network it will most likely be lost forever.

Dazzling_Marzipan474

Is it on Coinbase or the Coinbase wallet? If on Coinbase just sell it. If on the wallet you will need to transfer the USDT to Coinbase to sell it for USD. You'll need ETH to transfer it. You'll have to buy some ETH on Coinbase and send it to your wallet. MAKE SURE YOU CHOOSE THE RIGHT NETWORK. ALSO SEND A SMALL TEST TRANSACTION BEFORE YOU SEND IT ALL YO MAKE SURE IT GETS TO WHERE YOU WANTED IT TO GO.

MrKillerKiller_

If you want to trade this last move of the bull run you can wait for BTC to make a 5 wave move on the 4hr and enter AFTER the 3 wave pullback. There is no investing in blockchain, its all a swing trade so you better have a plan when to sell. We have one wave left to the bull run. Once BTC reaches 80-120+ there will certainly be high probabilities for the 4 year cycle correction to begin. Learn Elliott wave to understand probabilities for upside. BTC (the crypto market) is currently attempting to finish a wave 4 somewhere between 45-55k. It has already moved over 350% so one more wave 5 before serious long term downside. Be prepared. Don’t get married to Solana or any crypto when its profit taking time—sell that shit. Price will always return to low levels. Waiting in USDT is what makes most of the money in crypto. Crypto youtube is what makes everyone hodle and diamond hand downtrends. Its a swing if you want to be one of the few who make money and keep it. You dont have shit until its USDT or USD.

advias

I don't use Coinbase wallet but go back to the coinbase centralized exchange, buy like $10 worth of ETH, send it to the wallet. Now you have ETH to pay to use the blockchain. Then send the USDT back to Coinbase Or you can do a swap without ETH using a platform (maybe cowswap allows this, unsure, but others can help there). There are swap protocols that allow swapping without ETH. They will perform the swap for you at a fee and take the asset, transfer to ETH for you, then use that ETH to pay for the swap. Then you can swap to ETH from USDT to get some ETH in your wallet to send to Coinbase to cash out of

Real-Advantage-6504

you need to use an exchange to withdraw your crypto, either coinbase or kraken, send your USDT from your wallet over to the exchange of your choice, and then either set a sell order or sell market your USDT, after you're done with selling your USDT, you should now have USD or whatever your currency is, now you withdraw your money either using wire or linking it using PLAID

bought_high_sold_low

Happy to be wrong but I don't think that's true. The company that issues Tether is based out of the British Virgin islands. I think the US could do things like instruct coinbase to freeze client funds that are held in USDT, but I don't think the US can directly "freeze" USDT.

Appropriate-Talk-735

For example USDT they can freeze AFAIK. And I assume others also.

ManifestCartoon

So basically what the blockchain wallets can do already but linking your transactions with your identity? I don’t understand the bonus of this Yes I get that PayPal is a giant not crypto platform but if I send say 1.2 Eth or the equivalent in USDT to nuttymegladon.eth my transaction is also linked to my irl identity, phone number, email address. I don’t really like the idea of that

coinfeeds-bot

tldr; Telegram, with its 900M users, is integrating crypto through TON (The Open Network), making it a significant platform for brands. This integration includes Tether's USDT stablecoin, enabling peer-to-peer payments within the app. TON, initially developed by Telegram and later handed over to the TON Community, focuses on micropayments and decentralized apps (dApps). Telegram's re-entry into the TON ecosystem includes an ad platform with payments in Toncoin, TON's native cryptocurrency. This move towards Web3 infrastructure within Telegram offers brands a new engagement and data acquisition channel, leveraging Telegram's vast user base for seamless user experiences in gaming, payments, and more. TON's growth is evident with 650+ decentralized apps, surpassing Ethereum in daily active addresses, and aims to onboard 30% of Telegram’s users in 3-5 years. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

tauruapp

USDT payments can be safe if handled correctly, but watch out for platform restrictions and legality in the UK. Since Bybit doesn’t work there, consider using a more reliable exchange like Binance or Coinbase. Definitely do your homework on tax implications and make sure you’re comfortable with the setup!

Knokt

USDT is banned in EU, since you’re in the U.K. it may be different but double check that first.

btc_clueless

This does not sound like a scam to me, but there's a few things to consider. You mention the business is based Russia, is it possible that the reason they don't use a bank is because they are under sanctions? Could that be or become a problem for you in any way? Now for the crypto part. USDT is a stable coin pegged to the dollar. You could create an account on bybit and receive it there. Or you can create your own (self hosted) wallet (for example get a hardware wallet like Ledger or Trezor) and receive the USDT there. Then you can send it to a centralized exchange that's registered in the UK (like Kraken, Bitstamp or others) and there you can exchange the USDT to GBP and withdraw to your bank account. When creating this account on the crypto exchange you will have to do KYC, verify your account and so on. And it can be that the exchange asks for proof where that USDT comes from because anti-money laundering laws are pretty strict. If the exchange suspects it may come from an illegit source they may freeze your account. Though this may not be very likely unless we are talking about larger sums. Finally, some banks may refuse to receive payments from a crypto exchange. I heard quite a few such stories here in the sub from UK people, but don't know which are the banks that may have an issue with crypto. So yeah, you might have to jump through some hoops but it's certainly possible. If you do this make sure to read a bit about self custody of crypto and how to keep your seed safe. If you do any transfers, try with a small amount first to make sure you got everything right before sending the full sum. Also, don't answer any "helpful" DMs you might get here on Reddit, they are most likely scams attempts.

Bruno_2332

Not bad, I've been making transactions for 1500 USDT for a week now, everything is working steadily, I wonder if the method will work with a larger amount. Do you know what the maximum is?

oneicedlattepls

I use 3200 USDT, I can't invest more at the moment

Electronic-Still6565

Bastards want to scan you of another 1000 USDT!

Leonard3301

Just make an Binance/Coinbase account, deposit the USDT there and link your credit bank there use it to swap to euro or whatever currency you want and transfer it to your bank account.

Technical_Duck4205

I think I got scammed today. I feel awful. I was in a Telegram channel with nearly a hundred thousand followers. They usually provided accurate insights on the market. Then they advertised a dex trading platform (rexiswap). I connected my Trust Wallet and now all my USDT is gone. I contacted the support of the telegram channel and they told me you should have at least deposited 2000 dollars. since you deposited 1000 dollars, you can't use the platform until you increase your wallet balance. I should have checked that damn site on google before connecting my wallet.

Adventurous_Tell5629

I think I got scammed today. I feel awful. I was in a Telegram channel with nearly a hundred thousand followers. They usually provided accurate insights on the market. Then they advertised a dex trading platform (rexiswap). I connected my Trust Wallet and now all my USDT is gone. I contacted the support of the telegram channel and they told me you should have at least deposited 2000 dollars. since you deposited 1000 dollars, you can't use the platform until you increase your wallet balance. I should have checked that damn site on google before connecting my wallet.

TheLastDumpling

You can use your Bitcoin as collateral to borrow USDT, this way you get to keep your Bitcoin while gaining the liquidity to pursue other opportunities. While there’s some risk involved, as Bitcoin appreciates, your loan remains secure. And if it doesn’t, well you’re considering selling it right?

FlakeMuse

So you are committing 200 USDT over a period of time for a paltry few dollars in return without any assurance that your money may get scammed?!

Tasty-Ad1124

USDT 1=1

PirateSKB

I too, am bullish on USDT

MrKillerKiller_

Wait for a clear 5 wave up and 3 wave pullback to signal a reasonable probabilistic scenario for entry. Probabilities are higher to take more lows out to print a wave 4 bottom. You want that wave 5 signal and the pros are waiting in USDT after taking profit on the first lower high back on 5/20. “No trade zone” is the signal right now from a cycle perspective. Also the bull run has already completed most of the run after over 350% pump so there is only a wave 5 left in this cycle. Learn elliott wave and that will help u weigh probabilities so you sell at the right time. Crypto is always a swing trade so getting out near tops back into USDT is the ultimate goal. Always. Dont get married to youtuber bullshit because they just want your money by saying HODLE and Diamond hands and other noob bait terms so they can dump on your faces.

-Blue_Bull-

Just take your loss and sell the shit coins, they are only going to bleed out further. With the USDT you now have, set a buy order for BTC at 50k and 56k.

HeliosWeb

I have yet to understand this point, if you consider inflation in the picture Bitcoin will still be subject to it unless you can pay everywhere with it, and even then I’m not Sure inflation won’t get there. When you buy BTC you do it with USD/USDT/whatever…. Whenever you need the money invested in BTC guess what are you gonna do? Withdraw USD. Protection from inflation comes with a constant, steady, growth. Also, imagine BTC at 100k in 2022, it would’ve not protect you from inflation if its value didn’t reach 105-108k in 2023… (I know im making up Numbers, BTC didnt do 100k but it was easier to calculate)

customtoggle

There is no new/next narrative, all we have is the hope that paulo and tether will catch this falling knife. Though last week's 1.5b usdt barely had any impact on prices. Diminishing returns comes to mind haha Reckon we're looking at a 10b+ usdt print just to stop this slow bleed 😑 😐 😳 😒  @Paulo, @USDT

Relative-Heron-7998

Also, yes obviously it is realized nobody is saying otherwise. But it's realized into USDT. Which is the point of my thread, who is to say what the price of a USDT is worth when the price is worth whatever someone will pay.

CryptoAstronautics

Bitpay you can buy gift cards including Visa gift cards with USDT or USDC. Just make sure you’re careful with websites and links

MrKillerKiller_

Crypto is always a cycle swing trade. It’s not an investment…yet. (Maybe 20 yrs BTC will have a high enough market cap and the tech will be adopted broadly by mainstream finance and governments for the volatility to reduce enough. But this era it is not.) Have a multi year bull cycle plan first that forces you to take profit. If you don’t take profit in crypto you are the profit for others, period. Next you need to learn Elliott wave and understand where you are in the cycle. Right now, 9.6.24 we have already pumped over 250% and are finishing a pullback in a cycle wave 4. This means MOST OF THE BULL RUN HAS ALREADY HAPPENED. We have a wave 5 left to end the bull run. Which could reach 80-180k BTC if it over extends. BTC is crypto. It alllll follows BTC in the cycle. Smaller caps like Solana and even smaller like AI coins act like BTC with leverage. More exaggerated swings but ALWAYS following BTC’s large time frame direction in cycles on weekly monthly chart. The key right now is to learn and WAIT and be ready in USDT. We are finishing what has highest probabilities to be a wave 4 pullback. The signal you want will be for entry on a 5 wave move to the upside. THEN you will expect a 3 wave pullback. THIS pullback is the entry point that confirms higher probabilities of takeoff. (Otherwise we could just be going back to 30k and below which is in the cards)Learn Elliott Wave. Don’t hodle or diamond hands. Take profits and recognize most profitable in crypto wait painfully like a motherfucker for probability to lead the way. If you just want to DCA you will be looking for blindly buying regularly. Follow hot narratives Defi/AI etc. and roll the dice. Most spread over many many teeny caps with the right narrative and good hype. Small caps are largely hype based so cool website, catchy hot words, social engagement. But fucking sell that shit like the plague and NEVER GET MARRIED TO COINS!!

na3than

>lets say you start trading with 1 Bitcoin and you are trading on BTC/USDT, you end up with 2 BTC, you would now owe the capital gains and income tax on that 1 Bitcoin profit even though it is not a realised gain to fiat yet (the only time it is realised is when it has been sold to usdt to trade). What? How did you get from 1 BTC to 2 BTC without realizing gains at each increase in your position? Are you under the false impression that trading one asset for another isn't a taxable event?

OderWieOderWatJunge

Also you'll pay a lot of fees. Just find out where to buy these shitcoins on DEFI (swaps). You can buy USDT, SOL or whatever on a real Exchange with lower spread and fees and then swap it for your shitcoin

6OO6LE

Wow big boy. I've been in Crypto way longer and nothing I said is cringe. What you've said doesn't change the fact that Tether still refuses a proper financial audit from a big 4 firm and likely in the past have created USDT out of thin air without proof that it's backed by anything of substance. They're alleged to have a ton of flimsy backed securities along with treasury bonds to keep their Crypto pegged to a dollar but I think it's more than likely they haven't let a serious auditing firm near the supposed $118B marketcap they manage due to inconvenient truths coming to light and sending the Crypto space into a dark age. You don't know what you're talking about and the C-Suite at the Tether Foundation have dubious and fraudulent pasts if you bothered to look into them 🤡 Cringe.

conceiv3d-in-lib3rty

This is just deflection away from the fact that it is literally inflating the price of Bitcoin, even if its effect is marginal now compared to years ago. Even if it isn’t specifically done for manipulation purposes, every time Tether does its “this is an authorized but not issued transaction” song and dance and mints 1,000,000,000 USDT, the price of Bitcoin pumps shortly after as if it was on command. There are trade parameters for this built into trading bots and everything. There’s also the speculation about whether Tether intentionally manipulated the Bitcoin market, artificially fueling the 2017 bull run. Which was later dismissed in court due to technicalities and regulatory uncertainties. Then there was that one time when Bitfinex lost access to $850 million held by third-party payment processor Crypto Capital, and covered up the losses by borrowing from Tether‘s reserves. As well as the laundry list of other shady shit they have done in the past. A very honorable, integrity driven company Tether is. No doubt about it.

6OO6LE

Tether has still never been audited by a big 4 firm. USDT is a ticking time bomb.

px403

I have zero interest in Tether, but I'm not the target audience. The fact is, it's changing lives and enabling people to transact safely in places where US banks can't or won't go, and IMO that's fucking awesome. I've never used Tron, and actually wouldn't even know where to start, but USDT on Tron is killing it, and making the world a safer, more free place to live. More power to them both.

jam-hay

USDC's m/cap has only increased $30 billion over the same timeframe, is three and half times smaller by market cap yet oddly surpasses USDT for transactions. https://www.bloomberg.com/news/articles/2024-04-29/circle-s-usdc-takes-lead-in-stablecoin-transactions-visa-says ..but yip you're right isn't audited either and dispite looking more realistic than tether not sure I'd be placing much trust in it either.

Binance

Hello u/abc_34, In most cases, using USDT or USDC for spot trading on exchanges won't have a major impact on your actual trades. There could be differences in liquidity across various stablecoin pairs.  While your BTC holdings shouldn't be directly affected if a stablecoin depegs, market volatility following such an event could impact BTC's price. It's always advisable to choose reputable stablecoins with strong backing and transparent reserves to minimize risks. Overall, for most traders, the choice between stablecoins for spot trading will likely come down to personal preference and the specific fee structure and liquidity.

Felipesssku

Why USDT is forbidden?

USDT_20

Become a USDT vendor. Buy USDT cheaper from a custodial exchange then sell at a slightly higher price on a non custodial exchange..

722-47

Can someone explain to me why all of these hack scams use solana? Like why not BTC? Why not ETH or USDT?

coinfeeds-bot

tldr; Ripple is set to launch its US dollar-pegged stablecoin, Ripple USD (RLUSD), soon, as announced by CEO Brad Garlinghouse at Korea Blockchain Week. Currently in closed beta, RLUSD aims to bridge traditional finance with decentralized finance (DeFi) and improve payment infrastructure within the Ripple network. Fully backed by USD and short-term US government bonds, it seeks to compete with leading stablecoins like USDT and USDC. Despite regulatory challenges from the SEC, Garlinghouse remains optimistic about crypto's future. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

CognitiveChronicles

Btc, Sol, Aave, Avax, USDT

jetylee

I shorted the futures all day, ironically, took all the USDT and bought the Dip in SPOT about a half an hour ago. Literally, free money.

Icy_Holiday1999

This is also the reason why I don’t hold coins for a long time. I just use USDT to trade the rise and fall of BTC prices and do short-term transactions. You should know that USDT and US dollars are basically equivalent and will not be affected by market fluctuations. This also avoids the impact of trapped funds due to market turmoil to the greatest extent

Extreme_Nectarine_29

I don't trust tetther for the sake of the market I wish USDT the best.

coinfeeds-bot

tldr; Tether, the company behind the USDT stablecoin, has decided not to create its own blockchain, opting instead to focus on existing platforms. This decision reflects the company's view of the blockchain market as increasingly crowded and the belief that adding another blockchain would not provide significant strategic benefits. Tether aims to leverage existing technology, citing the commoditization of blockchains and the dominance of a few platforms in the decentralized finance (DeFi) space. This approach aligns with Tether's 'blockchain agnostic' strategy, emphasizing security and efficiency in the platforms supporting USDT. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

Zelulose

USDT to Shimmer bridge magic sea dex swap for btc eth matic bridge off self custody. Cheaper than Kraken for a dex and faster fills too. IDK why this is even a bear market to some altcoins.

Abdeliq

Edit a transfer screenshot with a sent 5k worth of USDT in bitcoin and send a transaction ID from Tronscan to scatter their brain. If they're smart, they'll know the transaction is from Tronscan and they'll tell you the transaction ID is fake, but you'll tell them it's not and keep arguing with them till they got tired and leave you. (Tell them the USDT you sent is on BITCOIN network in a TRONSCAN Blockchain) And if they don't understand the difference between a Tronscan and BT scan, then let them be waiting for the transactions

lostinbtc

Pepecoin Layer 1. Not a scam token. Amazing and growing community. Great leadership. Fair launch meaning no premine rug pull garbage. We are currently 8 days from our third halving. Around the final halving emissions will be 10k a block just like dogecoin. With an outstanding coin supply around 89 billion. Reddit and X are active. Discord has a large engagement daily. And there are constant updates and the devs are active. Mobile wallets are around the corner. Currently we trade under xeggex pep/USDT and pep/doge A few exchanges have also recently listed us on their own Accord. Pepecoin.org

lostinbtc

Pepecoin Layer 1. Not a scam token. Amazing and growing community. Great leadership. Fair launch meaning no premine rug pull garbage. We are currently 8 days from our third halving. Around the final halving emissions will be 10k a block just like dogecoin. With an outstanding coin supply around 89 billion. Reddit and X are active. Discord has a large engagement daily. And there are constant updates and the devs are active. Mobile wallets are around the corner. Currently we trade under xeggex pep/USDT and pep/doge A few exchanges have also recently listed us on their own Accord. Pepecoin.org

jamesnaranja90

The only things I can think of that would make BTC go to $15 K again is if Binance or USDT go bust.

davink91

USDT

GregHutch1964

I did this with nexo 2 years ago. They finally added bnb support and I got all my money back. If is in a wallet you control you can move it to another provider and possibly get it back. If it’s on Coinbase exchange it’s probably gone until they add support for USDT Bep 20.

Pickled_Onion5

I recall seeing a video recently about a guy who sued Coinbase for sending USDT from Binance to Coinbase via Solana. Not sure how that all ended

Mshari9006

I think in case Coinbase doesn't support a network, you can transfer your Coinbase wallet to a different wallet that supports that network by using your recovery phrase or private key. If you send USDT on the Binance Smart Chain (BEP20), you can import your wallet into MetaMask or Trust Wallet, both of which support multiple networks. ***Pls Verify the information with the support team to confirm its accuracy.***

biba8163

TRON almost by accident developed utility by becoming the defacto platform used for cheap USDT transfers by most of the world outside of the U.S and Europe. Network usage for USDT and deflation is why it has done so well recently. But Justin Sun is trying to make TRON the Meme Coin platform which is making it very expensive so that might destroy it as a utility chain for Stable Coins.

Grunblau

I got most everything out by selling to USDT and transferring out on Algorand. Cheapest option. Just have XDC stuck with nowhere to go and now can’t sell, I think. Was hoping Crypto.com or Coinbase would start supporting XDC…

veegaz

I'm not sure what I'm looking at, it seems like that these assets were just withdrawn and sent to other addresses Does the link you sent also show assets that were effectively sold for USDT/USDC/USD?

0x456

What would be the reason for someone to select a random token and invest 400k USDT in it? There were no news prior to the price action.

0x456

TIL that FOMO exists on a milliseconds level. Yesterday there was a CHESSUSDT symbol on Binance. It was trading as usual (1 or less trades per second, average trade size around 200 USDT). Then, at around 06:30:06 UTC, in mere 13 milliseconds 850 trades appear out of nowhere, each around 400 USDT. The price jumps from 0.156 to 0.184 (+18%). 2 seconds later, after even more trades appear, the price is at 0.196 WTF was that?

noviwu97

Yeah you can simply export the wallet to Rabby or Metamask (if you're a masochist) and get yout USDT

corn-potage

DUH! Why would people use old grandpa coin to pay when the value could change day-to-day, and Lightning UX is horrible? People use USDT on Tron, USDC on other chains. Bitcoiners are in a cult, out of touch with reality.

arBettor

"As USDT has a questionable reputation it may fall apart at some time to you may capatalize on its failure." Any second now...

vancity-boi-in-tdot

"art", while I'm only a small fish in crypto, I laugh shit like this.  Although I admit I may be old and ignorant, I see them Jpegs with 0 established copyright  or trademark law as far as i can tell that are used primarily for money laundering until this can be proven otherwise. Crypto is a bit different. There is some utility (e.g. international transfers with low fees, block chain etc yet debatable over benefit over audited dbs) but the rhetoric is entirely facepalm worthy by some people a few years ago (slightly less so now). "It's going to end currency as we know it" "US dollar is dead", etc. It's clear like any security it is highly dependent on interest rates and the US fed now like any traditional security, when rates fall the price rises, when they rise the price falls, (as well as other macroeconomic factors) and so clearly dominated by the US dollar and the extension of USDT and USDC for support, that anyone that thinks it's going to replace the US dollar in this century at least is a complete idiot. (Same with the joke concept of BRICs, where authoritarian POS governments that don't even  trust their own citizens will somehow cede control and financial independence to other nations theyve historically never trusted (see: sino Soviet split, indo China war and border skirmishes). Add to wll traditional institutions adopted crypto, and it's clear as day it's a  security.  And tbf, like crypto, I'd rather nft be treated as a security because of the all of the scumbags involved, see: Luna, FTX, quadriga,  social media influencers, etc, who screwed little fish, and all thr money launderers involved especially for authoritarian pos government officials and international crime syndicates are held to account and little users aren't screwed. Say what you want about the SEC, but the last seismic  scandal they were involved in was 25+ with enron/Arthur Anderson scandal and they really got their shit together afterwards in terms of investor protection. 2008 crisis was on the big banks, fed, and fannie mae freddie mac, not sec.

Number-Advanced

Do you know how I can send the USDT from my wallet to Binance? It asks for an address but my wallet only gave me a “private key b531ef969d6f0a9728309ff538e6df28a1aee4dcf7ea79313486970a17d80cd2” to send I put this address and it tells me incorrect.

Number-Advanced

Do you know how I can send the USDT from my wallet to Binance? It asks for an address but my wallet only gave me a “private key b531ef969d6f0a9728309ff538e6df28a1aee4dcf7ea79313486970a17d80cd2” to send I put this address and it tells me incorrect.

Number-Advanced

Do you know how I can send the USDT from my wallet to Binance? It asks for an address but my wallet only gave me a “private key b531ef969d6f0a9728309ff538e6df28a1aee4dcf7ea79313486970a17d80cd2” to send I put this address and it tells me incorrect.

kyuronite

The USDT is on binance smart chain BSC/BEP-20. When you send, there "should" be a pw or something that comes up. If you know what that is, great, else u gotta figure that out. Once you do, you can send the USDT to an exchange. Since idk what country ur from, cashing that usdt will be up to your local region. DM me if you dont want to cite it publicly. Dont give any1 the 12 words to the wallet, that's literally giving them access to the funds. Don't respond to help that DMs you when they arent willing to say it publicly. Always verify and do your research. And sorry for your loss.

rbat

Believe me! During a whole year it was like USD 0,001. Launching a token betting on the fundamentals, instead of only marketing, is harder than I anticipated. The whole data series is in TradingView, and in our website at [https://app.digitra.com/trade/DGTA/USDT](https://app.digitra.com/trade/DGTA/USDT) Coinmarketcap has only 2 months of history that is when they started listing it.

Shaglock

I see a liquidation cluster, say 60K now, and I have enough USDT to buy BTC to get the price up there, then I buy a sizable long at 58.5K, then I buy BTC. Price goes to 60K, big short liquidation happens, price shoots to 62K. Now I sell both my long and my newly bought BTC. Profit.

Willing_Coach_8283

Never keep your crypto in exchanges, never in USDT and all other centralised shit

bobbyv137

Maybe, maybe not. Billions of dollars worth of BTC are traded, daily, 24/7, in all corners of the globe. I get that 'on chain' data is one of the aspects that make Bitcoin somewhat unique compared to traditional assets/markets, but I really believe we shouldn't read too much into such movements. Sometimes they're deliberately done to 'spook' the market. Binance's spot BTC/USDT pair is the king when it comes to analysing price moves, as it has the largest liquidity/volume, for spot. Yet it's futures is on another level; just in the past 24 hours alone, a whopping $21 billion in trading volume took place. That is insane. Yet, if you look at Binance's weekly spot volume for this week, compared to last, it's well under 50%, yet we've given up almost the entirety of last week's gains. That tells me this was a deliberate flush out to cause mayhem in the market. Bitcoin loves to do these types of moves; it's more a feature than a bug when you have an asset that can be traded at every hour of the day. There's also tons of 'rogue' derivative exchanges that are trading billions every single day. Example: you've probably not heard of Bitunix; it's a non KYC 'rogue' exchange registered in the Seychelles. Yesterday, alone, it had $4.2 billion of BTC/USDT volume. That's more than Binance's spot! What tends to happen is a 'big player' makes a major move, and because all these exchanges are indexed to the same reference points and a significant percentage of the trading is automated by bots, you can have monstrous movements in price as they all cascade from the same source. As much as we may not want to believe it, sadly, Bitcoin remains a highly manipulated asset. It really doesn't take much capital to move the price - in either direction - when someone wants to.