What are the advantages of stablecoins?

[Mhmdas21 672]

A stable currency is a trademark because it provides stability and is safe because it is immune from fluctuations in the market. I think stable currencies are an opportunity to protect our money from market fluctuations

[Jeevay 283]

Stable currencies have advantages as a brand, for example it is safe to hold the US dollar, a large company behind that so it doesn't collapse, naturally surrounded by all currencies

[Fatima Alre 766]

As for trading, cryptocurrencies are technologically excellent. However, fluctuations in their value ultimately made them very risky investments and not ideal for making payments. By the time a transaction is settled, the value of the coins can be much greater or less than it was at the time it was sent. But stable currencies have no such problem. These assets see little price movement and closely track the value of the underlying asset or bank currency that they simulate. As such, they are a reliable safe asset in volatile markets.

[Mohsinrafiq169 210]

One thing to always remember is that what is happening on this platform is related to crypto.Now what is the meaning of StableCons or the value of cryptocurrency in this world If you want to invest in it or reduce it, then you can go for loss or profit.

[Mahmod aljarah 1383]

This is very difficult to find a currency which is totally stable but if you find it then it will give you many advantages especially in investing. These coins has stable price which gives benefits in trading.

[Mehboob 638]

Hello dear everyone I hope you all are good at doing their job and straight from first of all I want with their mother I am really thank you for sharing with us a user and beneficial post your post is very helpful and knowledgeable for me in every nubian beginners who is working on this

[Azizalagha 149]

Hello 

The main advantages of stablecoins in my opinion are that although it is a cryptocurrency,

 Stable currencies are the currencies that occupy the first positions in the market value that comes after bitcoin and have a more stable price than other currencies 

[Sabaali1600 461]

It has different advantage it provide further money for your trading.. but with time you I'll understand yobit. Account.

[Zlatyo 124]

Frankly, I do not have enough information about the stable currencies but I believe that it is better to trade in terms of its market capitalization I hope through the comments I will learn more about this topic

[Zein21 839]

There is nothing full but there is nothing better than the other and this is that I prompted to work in encrypted currencies because it is better than paper currencies much and the future for certainly encrypted currencies

[Powell 572]

Thank you for raising this wonderful point, I think the stable coin has so much advantages, the level of volatility is very lower with stable coin as the entail, so the level of risk taking in the stable coin is very minimal when compare to unstable coins, this is my thought on this.

[Taj93 295]

Stable cryptocurrencies are more reliable and safer for their users, as these currencies always avoid loss. Either you win or get your capital back,  good luck for everbody.

[Carmelo Lames 1083]

The advantage of stablecoins is that they are non-volatile currencies, it is an opportunity that cannot be ignored, those who invest like this are for long-term savings, you could say.

[Kenda6666 850]

Thank you, my friend, for this information. I did not know much about the stable currency, except that it is related to the price of the dollar, and its price is not subject to many fluctuations.

[Toushaa22 103]

One of the advantages of stable currencies is that they are the most stable and secure currency of other currencies, whatever they are. In stable currencies there is no room for loss in addition to being immune to price fluctuations and the like in the market

[Abeera 755]

The stable coin are very few in the market but they have many advantages like we can regularly invest money without any fear the main thing about it that we have not any fear that we will lose our money and thanks so much for this information.

[Hafis914 637]

Awesome post apart from you. Keep it up this such type informative information to us. Very well explained about the advantages of stable coins. Very thanks to you for sharing this relevant and informative information to us. 

 

[abohasnn9 2401]

Dear cryptocurrencies, there are many advantages, of course, the most important of which is that they are decentralized currencies that are not subject to the control of countries in general, and this feature is definitely the strongest feature, and most importantly, dear that humans are equal in using the same currencies in general and all humans can use the same currencies Thank you very much

[tahir meo1122 169]

I believe that the influence of digital currency exceeds that of the central currency; at the very least, there is no control over it, which makes it more free and stable than paper currency, which is critical for most digital currency users.

[MoradSaQr 756]

Cryptocurrencies are certainly decentralized, but they are, of course, subject to some pressure, which leads to a change in their price. It is impossible for any currency in the world to have this independence that you are talking about,  Cryptocurrencies are the best currency that a person can trade

[Mohmad22 695]

My dear friend, the currencies that earn a strong reputation in the market are the stable currencies whose price is stable and does not decrease and always rise like the bitcoin currency because this currency saw it as the best and most stable coded currency

[peter55 459]

We can save our profits, which we gain through the rise in the prices of cryptocurrencies by exchanging currencies into currencies that are stable in price, and thus can increase our profits and preserve it

[Pereira 2303]

The really good thing about Stablecoins is that these same cryptocurrencies cannot go up more than a few cents as well as down, this is a stable cryptocurrency that is maintained at a highly regulated price based on a fiat currency such as the dollar or euro, too there are of the yuan currency. So this cryptocurrency will stay in very good price.

[Philip1 220]

And I want to tell you that about the advantages of the stablecoin because when the client is stable this is easy to involve into but one thing more I want to tell you that when a coin is stable then the chance of the Profit is low and wanting more I want to tell you that

Edited April 17, 2021 by Philip1

[aloooosh 220]

Of course, the stability of the cryptocurrency constitutes great confidence for investors in cryptocurrencies, and the high prices of cryptocurrencies also contribute to increasing the number of users of them. Therefore, we notice a large number of people using cryptocurrencies and making more profits from them.