SkyWalkerEcho
Thu Mar 28 2024
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6 answers
1518
Why is USDT so expensive?
I'm curious, why is USDT priced so high? I understand that it's a stablecoin pegged to the value of the US dollar, but its market capitalization seems disproportionately high compared to other cryptocurrencies. Is there something unique about USDT that justifies its high price? Maybe it's got something to do with its widespread adoption or its underlying technology? Or could it be due to market speculation and demand? I'd appreciate it if you could explain the reasons behind USDT's high valuation.
Bianca
Thu Mar 28 2024
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7 answers
1605
Why is sending USDT so expensive?
I'm puzzled about the high cost of sending USDT. I understand that cryptocurrency transactions involve complex processes and may require some fees, but the cost of sending USDT seems disproportionately high compared to other currencies. Could you please explain why this is the case? Is it due to the volatility of the crypto market, the complexity of the blockchain technology, or some other reasons? Is there a way to reduce the cost of sending USDT in the future? I'd appreciate it if you could clarify these points for me.
CherryBlossomFalling
Thu Mar 28 2024
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7 answers
1706
Why is Bitcoin so expensive?
Excuse me, I'm somewhat puzzled. I've noticed that the price of Bitcoin has been fluctuating wildly in recent years, and it seems to be very expensive compared to other currencies. Could you explain why Bitcoin is so expensive? Is it backed by any physical assets or government guarantees? Or is it just a bubble that's about to burst? I'm quite curious about this and would appreciate your insights.
Carolina
Wed Mar 27 2024
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7 answers
1383
Is it expensive to send Bitcoin?
I'm a bit curious about Bitcoin transactions. I've heard that Bitcoin is a digital currency, but I'm not sure how the costs associated with sending it compare to traditional methods. Is it expensive to send Bitcoin? Are there any hidden fees or costs that I should be aware of? I understand that the blockchain technology behind Bitcoin might involve some complex processes, but I'd like to know if those costs are reflected in the transaction fees. Could you please explain this to me?
