A lady recently questioned why her $28 in Binance wasnât growing. She thought her investment in #Bitcoin would skyrocket, but here's the catch â it was actually in USDT (a stablecoin)â
â ď¸ Stablecoins like USDT are designed to maintain a stable price â they donât grow in value like Bitcoin or altcoins. So if youâre holding USDT, itâs not going to increase unless you're earning small rewards through specific programs.
đĄ Why did my $28 become $20? When converting USDT to real money, platform fees can range from 0.1% to 10%, reducing what you get in the end. Thatâs why your $28 may turn into $20 after fees.
Cryptocurrency exchanges have fees, so donât panic â it's part of the process. Understand the differences between stablecoins, altcoins, and Bitcoin to make the most of your investments!
