What are the advantages of stablecoins?

[VijithaVarghese 1994]

The biggest advantage is that even though they are crypto they give little volatility than bitcoin. They assure to protect our security and it's very safe to hold on to . In the world of trading it's important to consider safety.

[Cryptic 0]

Personally I only use stable coin for me to prevent some loses, just for example now I only accumulating some satoshi since I think the price of the bitcoin this year will reach the 20K dollar which a huge profit for me if I sell or trade my bitcoin to any stable coin once that 20k dollar reached by the bitcoin, then buy again some high volatile cryptocurrency once the bearish market happens, that's common use case of the stable coin for me.

[cryptolover45 1187]

We all know stable coin are used for store the profit of the trading. If anyone don't know about the stable coin use they can use this tips. We all know crypto price vary time to time but stable coin price not vary, so every experience trader use stable coin to store the profit of the trading.

[Nicole018 4548]

If you are looking for risk free return then search users can opt for stablecoins such as dogecoins. This way they would receive some stable amount of income for their investments. The fact that these coins are monitored by another authority is limitation for it. So you cannot expect huge return out of such stablecoins. So make correct trading decisions on these aspects to make good profits.

[Ruhaa 1009]

I dont find any profit in stable coin mostly it is used to store if you dint follow the market. So, if you dont know trading then stable coins are very good suggestions but if you are trader then stable coins are not useful.

[jermaine05 179]

stablecoin have the advantage that they are not affected by the market, when one of your assets tends to fall you can pass it to a stablecoin and thus protect it from volatility while maintaining its value 

[mohamedpc1 2213]

I do not think cryptocurrencies are stable, as their price varies a lot. Therefore, it cannot be said that they are stable. If they were stable, the investment in them would have been successful by a large percentage.

[Ivanvlad4 0]

I was not aware of this subject, but I thank you for sharing and giving me and more people the opportunity to get to know you, as just like your subject, there are comments that help you understand better.

[Artugul78 91]

It is very good topic... There are many  advantage of stable coin...  Stable coins are very good coins. It was used a lot. Stable coin also very important to trading and investing... But stable coin have limited money... 

[scorpiali 5626]

If we don't have a stable coins in crypto currency we really can have a big problem because we can't fix our money in some value, the stable coins can give us this possibility and all exchange have now his own stable coin ,it's easy to use and transfer they really help a lot

[Abuhassan 89]

Ideally crypto currency unpegged based on their price in the market because of their high volatility in order to reduce the high volatility of coin and to reduce the rate of price swings this led to the creation of stable coin. in nutshell stable coin minimize the volatility of crypto currency price and it is backed by a Fiat currency example is the USDT which is known as tether coin .one of the advantage of stable coin is the low rate of volatility unlike other crypto currency the price is always stable and it reduces high rate of losses.

[Jromz 2158]

The main advantage of stable coins is that they can be used in trading in most exchanges. Stable coins offer the possibility to trade any crypto against a reference value that is anchored to a fiat currency, more commonly US dollar. 

[velasco19 1753]

Stablecoins serve to hedge against periods of market volatility or downtrends. In the case of traders, they use it to take profits from a cryptocurrency because they have stable assets and that are generally backed and represent FIAT money, for example there are USDT, BUSD, DAI, among others.

[leakydonney 1402]

One of the biggest advantage of stable coin is to have low market volatile and low risk associated with the backing asset since it can be accomplished through various mechanisms, such as linking its price to fiat currencies, commodities, or a price-stabilising algorithm.

[Cryppro 1008]

I think if you are new to this cryptocurrency and want to invest in currency then stablecoins can be the best option because you won't lose your value of the coin even for long period of time unless there is bull run in the market. I would suggest to invest in top ten cryptocurrencies listed in the market than any other coins.

[Bellamy 1065]

Using stablecoins has its benefits, since they allow you to maintain balance in the volatility of the prices of other cryptocurrencies. Many trading experts use stablecoins to secure their assets since, by trading through them, they can buy when the market is down and sell when it tends to rise.

[George10 9932]

Stable coins like USDT comes with great advantages of securing our crypto when there is a dump or used as a take profit coin for bitcoin holdings if you reach satisfied price levels by converting it to this coin.

[TimopheyKa 3900]

I agree with you! A stable coin allows you to do a lot, it is quite stable, and allows us not to be afraid that at one moment, all our funds will go down. And also, they are easy to trade, or when we withdraw them to Fiat. After all, the Commission we spend small amounts, and it's cool!

[MoralStories 1127]

Stable coins are on blockchain too and the price doesn't depend on fiat currency, they are stable for ever and will never go much further than what they have in price at the time of launch.

[Vidyut29 262]

Stablecoins are very very important for trading.We can hold our money with stablecoins.There is no chance to lose money.When your any crypto coins price start goes down then you can immediately exchange your crypto to stablecoins.

[Abdulrahman3 1252]

I think you mean by traditional currency the US dollar, and I support you with this idea, because the dollar is printed by the US Federal Reserve and obtained at the price of its printing and then pumped into the market without an equivalent US domestic product, and this in turn affects the price of cryptocurrencies because we measure their value in relation to the value Dollar.

[Simon London 1749]

Hello everyone, one of the most important advantages of stable currencies, is that we can use to protect our money that we have invested in crypto currencies, so the volatility or sudden changes in the market will not affect us directly.

[Umar122 277]

Hello everyone! I think bitcoin is the most stable price than other currencies and have higher levels of safety than the rest of the currencies. 

[Waseem jabbar 185]

Stablecoins are very important for trading , And also provide the investor and buyer.one of best advantage of stablecoins are that we use to protect our coins and money.

[Ahabmmad 63]

A big thank you for this piece of information you share with us. As newbie I think I have increase from what you have write on .