USDT vs USDC

djsobuj

Elite Member

Jr. VIP

Jan 27, 2018

3,539

1,345

• Oct 24, 2021

• #1

So I need to have some btc to pay for some freelancers. But as btc price is ups and down very much so I have a chance to loss money. So I want to convert it to a stable coin. Which one will be better for it? USDC or USDT?

 

Leader777

Banned - Shitlisted and did not do the right thing

Feb 2, 2017

4,063

3,659

• Oct 24, 2021

• #2

I don't know about USDC but USDT fees are high

 

L

LootBox

Banned - selling outside of the marketplace.

Feb 8, 2021

392

225

• Oct 24, 2021

• #3

Leader777 said:

I don't know about USDC but USDT fees are high

Click to expand...

USDT TRC20 fee is 1$

 

Jefferychinedu

Banned by request of the account holder.

Feb 25, 2017

120

57

• Oct 24, 2021

• #4

Usdc.. Low fee and fast confirmation

 

R4v3nbl4ck

Senior Member

Sep 29, 2020

1,071

1,313

• Oct 24, 2021

• #5

Tether is not so trustworthy, USDC is generally considered a safer option.

 

MKSKS

Banned for failing to resolve dispute.

Jul 11, 2013

6,098

4,465

• Oct 24, 2021

• #6

BUSD is another option fees are also less.

 

Gogol

Administrator

Staff member

Moderator

Executive VIP

Jr. VIP

Sep 10, 2010

11,806

26,657

• Oct 24, 2021

• #7

Depends. Where? ETH network has high fees. If you use bsc, the fees are pretty nominal. When you are transacting, make sure you are not on eth. P.s. usdc doesn’t have as many pairs at least on binance according to my experience (if you want to trade that is). On the other hand, usdt is surrounded with conspiracy theories of becoming a scam. Perhaps, busd is a better choice.. but that’s just my opinion.

 

Last edited: Oct 24, 2021

O

onlinemarketer12

Elite Member

Jr. VIP

Nov 22, 2019

6,960

1,681

• Oct 25, 2021

• #8

USDT better but fees is high.

 

LiquidLeads

Supreme Member

Aug 3, 2016

1,352

803

• Oct 25, 2021

• #9

Overall, USDC better.
Especially if you are using Coinbase/FTX (which consider USDC as stable coin but not USDT )

 

R

Ria2021

Newbie

Nov 8, 2021

16

2

• Nov 9, 2021

• #10

usdt + usdb are the best for lower fees.

 

chn0

Regular Member

Jul 4, 2019

384

183

• Nov 9, 2021

• #11

USDT can be used in different networks other than ETH. So it maybe a cheaper option.
USDC is backed by circle and is not as shady as usdt. Anyways usdc can be directly converted to USD if
they are using coinbase in north america. No fees in converting.

 

Nash Commerce

Regular Member

Jun 29, 2020

539

861

• Nov 9, 2021

• #12

Usdc gets my vote for sure

 

D

Deleted member 708208

Guest

• Nov 9, 2021

• #13

USDT is more flexible. Hold both imo. =)

 

bereen78

Junior Member

Dec 17, 2020

189

41

• Nov 9, 2021

• #14

Use USDT TRC20 is good, but it gets congested sometimes

 

Anca Vlad

Newbie

Jun 1, 2019

5

0

• Nov 10, 2021

• #15

USDT on tron network is the way to go. Stay away from ethereum network until Cardano comes out with they're own network.

 

chrono01

Regular Member

Jun 30, 2015

212

84

• Nov 10, 2021

• #16

TerraUSD (UST)

 

structure

Junior Member

Jun 15, 2021

101

34

• Nov 10, 2021

• #17

The most popular token as a fixed dollar rate is Tether (USDT), but there is no harm in using other dollar tokens (USDC, BUSD).

 

P

Primerax

Junior Member

May 3, 2021

167

87

• Nov 10, 2021

• #18

Try BUSD on the binance smart chain. Even lower fees and very trustworthy stablecoin

 

J

justimimim

Banned - Multiple Rules Violations

Nov 7, 2021

80

73

• Nov 10, 2021

• #19

DAI (pegged to US$ is also good option).

 

HenryObi

Elite Member

Executive VIP

Jr. VIP

Sep 7, 2017

7,140

6,399

• Nov 10, 2021

• #20

djsobuj said:

So I need to have some btc to pay for some freelancers. But as btc price is ups and down very much so I have a chance to loss money. So I want to convert it to a stable coin. Which one will be better for it? USDC or USDT?

Click to expand...

Anyone is good but I most keep funds I'm yet to spend on a coin, in USDT. Depending on the network you intend trading on. For example, coins on the solana network are mostly paired with USDC over USDT.