Comparison of projects Tether and Binance USD

Tether

by Tether Operations, Ltd.
(1 review)

The coin is tied to fiat money, including the dollar, euro and Japanese yen.

Binance USD

by Binance Holdings Ltd.
(1 review)

Built on the ERC-20 standard from Ethereum (ETH) and is “backed” by a fund in dollars. For each issued BUSD, there is $1, which is stored in accounts in American banks.

The coin is tied to fiat money, including the dollar, euro and Japanese yen.

Built on the ERC-20 standard from Ethereum (ETH) and is “backed” by a fund in dollars. For each issued BUSD, there is $1, which is stored in accounts in American banks.

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Features

Cryptocurrencies

Stablecoins Cryptocurrencies tied to the value of physical values or stocks of fiat currencies. 1
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Comparison of interfaces Tether and Binance USD

TetherTether
Binance USDBinance USD

Reviews about Tether and Binance USD

TetherTether

I like it!

Recommend
Positive
Reliability
Convenience
Appearance
Price
Functionality

Liked

It has equivalence in equal proportion with legal tender currencies

Serves as a payment currency in the commercial sector

Disliked

Fees close to zero for operations

Tether has a stable token, USDT which has values close to a dollar. Through tether, you can make online transactions, at a very fast, secure and cheap manner. Tether is not as volatile as other top cryptocurrencies, hence it provides room for liquidity. The token, USDT, was developed by BitFinex. This token wasnt built entirely on a single blockchain but makes use of various block chains which consisted of Bitcoin's Omni Protocol. It is generally a fiat based stable coin. Tether can be stored on various wallets especially Exodus Tether wallet which can be downloaded. Cryptographic protocol protected from market volatility

Binance USDBinance USD

Rather good)

Recommend

Exchange services are at the top of most commercial services in the market and beyond, Binance USD or BUSD is a dollar pegged stablecoin that makes it much easier to transfer fiat USD anywhere, anytime using the low transaction rates of the blockchain. This stablecoin has an edge over all others. The most important benefit is the security of fiat currency. In the cryptocurrency market, rate fluctuations can be very strong, so you always need to have some kind of stable assets. The demand for them increases during periods of increased tension in the international situation. Since this token is pegged to the dollar, it is convenient to use a stablecoin at such times to wait out the period of uncertainty. Using this coin allows you to leave a profitable position without waiting for the money to arrive in the account.

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Tether

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Binance USD

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