Review on Tether by Furkan Öztoprak
Advantages of Tether
Friends, today I will comment on Tether (USDT), but I want to give an example from my own country. In Turkey, according to Turkish lira to dollar devaluation and cheapened. Therefore, people want to buy dollars, but this time the taxes are high. This is where Tether comes in. People should say there is a tether. Because Turkish users who want to buy Tether only pay commission fees instead of taxes. This is a convenient and beautiful situation. But of course, when buying Tether, we need to be careful about which exchange we will buy from. Because in Turkish stock markets, commissions are high and they do not earn interest. Binance etc. I think it makes more sense to keep it in stock markets and earn interest.
Pros
- It is equivalent to dollars.
- It is available from most exchanges.
- Its price is fixed.
Cons
- Some exchanges may have high transfer fees
