Header banner
Revain logoHome Page

Reviews

Global ratings 87
  • 5
    24
  • 4
    45
  • 3
    9
  • 2
    7
  • 1
    2

Type of review

Revainrating 1 out of 5

Wells Fargo is a bunch of hypocrites for denying Tether initially and then…

Wells Fargo is a bunch of hypocrites for denying Tether initially and then "seeing the light / bribes / lobbyists from northern virginia" deciding to join the fray.

Pros
  • Tether is Wells Fargo pumping inflation into the crypto environment. That is just as good as saying the Federal Reserve with a strawman to take the fall except no one ever gets in trouble for this stuff.
Cons
  • Tether is Wells Fargo pumping inflation into what should be an impervious to inflation type experience, hence limited number of coins. They want to kill bitcoin but they have to figure out how to kill the next biggest thing first. Most of the market bounces as BTC because they actually do nothing except mimic and ape BTC.

Revainrating 4 out of 5

Tether has in its favor a safe method by which many people can save their…

Tether has in its favor a safe method by which many people can save their money from investments that plummet. However, little else is not a project that you can invest in the long term is just a method of change. It fulfills its function and little more Your team behind needs to be more communicative to clarify all the doubts that arise to avoid sosobra in the public that relies on this project

Pros
  • It is a good way to keep your money invested in cryptocurrencies when the big downs begin. Because their currencies are backed by real Dollars that were confirmed a few weeks ago due to the unknowns that arose from if Tether really had a true endorsement. Once confirmed it becomes the best option to save inertions and reinvest in drops
Cons
  • Tether is not a project that seeks a financial or technological revolution, it is simply a safe method to make exchange with currency equivalence FIAT For small investors it will not be useful because you require a minimum of $ 20 to work with your portfolio

Revainrating 4 out of 5

This is a coin that you love and hate. It's amazing to have stability in your…

This is a coin that you love and hate. It's amazing to have stability in your portfolio so you can have dry powder ready when the market dips, but this coin could blow up the market as well and I would hesitate using this coin for any prolonged period of time. Get in and get out...

Pros
  • The crypto market is so volatile that it is an invaluable tool to have a stable coin like Tether to reallocate your portfolio when the market is becoming bearish. I really love having this type of coin to help me sleep better at night when the market is on edge.
Cons
  • Unfortunately there is a murky cloud hanging over this coin because Tether recently split up with their auditor before they could actually finish confirming if they were backing this coin with enough dollars. This issue makes me queasy every time I use it to get out of a position that is trending downwards.

Revainrating 2 out of 5

might crash crypto market this year

might crash crypto market this year

Pros
  • Digital dollar wannabe
Cons
  • shady actions and accusations against it's creators

Revainrating 3 out of 5

Tether is a stable currency, closely related to the Bitfinex exchange. It is…

Tether is a stable currency, closely related to the Bitfinex exchange. It is recommended that you are fully aware of the possible risks before using Tether.

Pros
  • Stable currency pegged to USD. Adoption across many exchanges - Bitfinex, Binance, OKex, Huobi, Bittrex, Poloniex Historically Tether has not significantly deviated from the backed currency.
Cons
  • Not transparent and no frequent professional audits. Not able to verify if creation of millions of new Tethers is actually backed by USD. Banking issues. Not able to verify if redeeming Tether for USD is possible.