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  1. #1
    bolepo's Avatar
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    Strange question, looking for a stable coin to save money in digital wallet.

    Hey, I am doing some dropshipping and I am looking for a safe way to keep my money.
    At first I was thinking to keep it in Bitcoin walllet but I don't want to gamble on it's worth and lose.
    In other worlds, I am looking for a wallet like digital "bank account", where I can put an ammount and take the same ammount anytime late.
    because im my country if I earn X money to my bank I have to pay 20% to taxes, so before I move to other country, fuck them.
    Hope you understand what I mean, thank you for any ideas.

  2. #2
    Bernard.'s Avatar
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    Tether is suppose to act as a stable coin.
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  3. #3
    SergeKnightX's Avatar
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    Quote Originally Posted by Bernard. View Post
    Tether is suppose to act as a stable coin.
    Tether's definitely the go-to answer for this problem, but they have a lot of question marks around their solubility, especially given that they've never actually been formally audited. I like them for being able to move USD-equivalent in and out of exchanges, but I wouldn't hold onto them for any length of time.

    Another option would be the DAI stablecoin over on the Ethereum blockchain. Same general goal as Tether, but instead of being backed by a random third party who gives non-answers to questions about how they operate, they're backed by people locking up ethereum in their smart contract.

  4. #4
    Allura's Avatar
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    Tether is the largest stable coin, so use that. Then use Trezor as your wallet. You can’t go wrong with a known hardware wallet
    I barely use MPGH IM, Send me a private message to reach me faster!
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  5. #5
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    Tether suppose to do this job. Still, nothing beats real old money, GOLD.

  6. #6
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    Tether also known as USDT

  7. #7
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    Buy some USDT (tether) Some other top stablecoins. Then stake them at nexo.io, they are like a bank, just with crypto. They currently give you interest of aprox 8% per year. Good thing is they pay daily, so if you put 5k you will receive about aprox $1 usd pr day.
    They loan out your money with crypto as collateral.

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