Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,162,147 members, 7,849,573 topics. Date: Tuesday, 04 June 2024 at 02:16 AM

Why Should You Choose USDT/USDC Over A Domiciliary Account? - Business - Nairaland

Nairaland Forum / Nairaland / General / Business / Why Should You Choose USDT/USDC Over A Domiciliary Account? (347 Views)

Crypto Exchanges Stop Selling USDT/USDC In Naira / Should I Open A Domiciliary Account? Why? / Domiciliary Account Opening: Which Bank Has Best To Offer? (2) (3) (4)

(1) (Reply) (Go Down)

Why Should You Choose USDT/USDC Over A Domiciliary Account? by jamin006: 5:44pm On Jul 25, 2022
Many people are unsure whether to buy USDT on the Quidax Exchange or open a domiciliary account in a bank in order to protect their hard-earned Naira from the present day inflation. Meanwhile, stablecoins such as USDT have no additional fees for holding them; the other option is explored below:

3 Likes 1 Share

Re: Why Should You Choose USDT/USDC Over A Domiciliary Account? by Chukatabra: 10:55pm On May 04, 2023
If you just want to keep USDT or USDC for a short time before completing your trade on an exchange platform, you can choose any of the coins. However, if you want to keep USDT or USDC so you can store its value over a long period, you have to consider some factors before making your decision

This article really helped me understand better: https://blog.bitmama.io/usdt-vs-usdc-what-are-the-differences/

2 Likes

(1) (Reply)

International Number Update / Matured People In Tech / How To Create A Verified Paypal Account And Input Payment Method

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 5
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.