Most people who enter the crypto world buy USDT as their first currency. So why?

Let me clarify what #USDT is.

#USDT means #Tether

It is a stable digital currency pegged to the US dollar.

It means 1 USDT = approximately 1 dollar, always stable, doesn't go up and down like other currencies.

It is considered like "cash" in the crypto world.

Why do people use it?

1. Easy and fast transfers between platforms and wallets.

2. You can buy any other currency on Binance with it, like SHIBA, BNB, BTC, and others.

3. It protects you from market fluctuations; when you sell a volatile currency, convert your profits to USDT to maintain their value.

How do you buy USDT?

Open your account on Binance.

Go to the "P2P" section (peer to peer).

You choose someone selling USDT and pay them through a local method (bank transfer, cash, etc.).

The currency will be delivered to your wallet immediately.

Where can I find it on the platform?

Go to "Wallet", then "Spot", and you will see USDT among your balance.

You can then use it to easily buy any other currency.

Tip:

If you are a beginner, take USDT as a first step, keep part of it safe, and distribute the rest on cheap currencies to learn with, like SHIBA or serious projects like RNDR.

#TradeStories