What is the difference between BUSD and USDT?

Also, trading coin-margined futures instead of USDT-margined futures on Binance or other exchanges might be safer in case a catastrophic event related to Tether may happen. Other than that, there is really no any difference between BUSD and USDT. If you are an average trader, you should rather look for volume, arbitrage opportunities, etc.

What is USDT (USDT)?

What Is USDT? USDT (the symbol for Tether) is a stablecoin pegged to the US dollar at a 1:1 exchange rate. Thus, one USD is equal to one USDT. Buyers can spend, transfer or trade USDT as they would with their regular fiat currency.

What is better USDC or BusD?

USDC and BUSD have greater transparency than USDT. Moreover, they’re comparable to USDT in terms of the exchange rate and blockchain. Thus, USDT is a better pick for people who prefer investing in a cryptocurrency with a higher volume and liquidity, while USDC and BUSD are preferable if you value transparency.

What is Tether (USDT)?

Tether ( USDT) is a cryptocurrency stablecoin pegged to the U.S. dollar and backed "100% by Tether's reserves," according to its website. 1 Tether is owned by iFinex, the Hong Kong-registered company that also owns the crypto exchange BitFinex. Tether was launched as RealCoin in July 2014 and was rebranded as Tether in November 2014.