I still don't quite understand this very well.... what are the benefits of having a stable coin?
Posted Using LeoFinance Beta
You are viewing a single comment's thread from:
I still don't quite understand this very well.... what are the benefits of having a stable coin?
Posted Using LeoFinance Beta
One of the most important things about having a Stablecoin is that if the market is falling, you can "protect" your equity that was in crypto and transferred it to a Stablecoin keeping its price in dollars since it is pegged to the US dollar.
With the market down and you realize that you have found a fund and you think that crypto has a chance to recover you practically buy it cheaper. It is the basics to buy low and sell high (if you want to sell).
Posted Using LeoFinance Beta