The investor always seeks to keep his assets stable under any circumstances, trying to protect them in the best moments of the hard volatility that is lived in the other digital currencies as their security is doubtful and this very secret, they are currencies that have real assets and from it they keep their stability, born from the need to maintain stable assets of investors in the current market there are many currencies today we will talk about one of them TUSD its advantages and disadvantages how to use it and much more despite all also run risks like all cryptocurrencies as they are decentralized that has a real capital "visible".

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What is TrueUSD (TUSD)

It is a stable currency that its value ranges between +-1 American USD its linkage with fiat currency keep TUSD stable, on the other hand it is an ERC20 currency works under the Ethereum network accepted in almost all exchanges stable currency is equivalent to fiat currency that is transferred to the blockchain this allows to keep this currency in a stable exchange its use is that all investors use it as a way to keep their assets safe this company regularly undergoes audits to demonstrate its transparency and maintain an investor confidence.

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Advantages and Disadvantages of TUSD

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Advantages

the first advantage of all is its transparency, this currency is periodically audited to demonstrate its full transparency.

The security that its stable value is 1USD, so many investors are willing to let their assets rest when statistics point to the decline in digital currencies that are more volatile and do not have this type of stable system.

The exchange of this currency is very fast and very economical because it works with Eth's network so you can send and exchange this currency whenever you need.

The disadvantages

In stable currencies like TUSD we are not going to see benefits of profits in interest as for example if we keep 100TUSD is equivalent to 100$ American fiat and we will have it for 1 month the currency does not go up or down but it remains stable for that period of time which is not very beneficial when it comes to see long term returns.

TUSD is a decentralized currency like all digital currencies which can suffer some risk at any time until it can disappear and its price fall to 0$ and we would lose all our money.

The security is based on the confidence of the investor and the company so they spend resources on constant audits in this case TUSD does it weekly, this way they keep their customers very happy and safe.

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How to start trading

you can log into Bitso and deposit fiat currency in this case Mexican Pesos, by logging into your account or if you don't have one you can deposit with SPEI transfer or in any Oxxo this works as a bridge from fiat currency to digital currency, also through Binance you can buy this digital currency either exchanging or using any of the different methods such as P2P buying BTC and then exchanging them are many options to consider.

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•We log in
•Click on Fiat and spot
•Then go to TUSD
•Trade

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Conclusion

We have before us a very powerful stable currency this stable digital currency gives a lot of security as it has the respective audits of international trade despite being a bridge from fiat to digital currency and its relationship with centralization this currency is totally decentralized what we have to be clear at all times, in my house I use it at all times to let it rest for a short term moment while the other digital currencies are "stabilized or begins its trend as I like it

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I thank the teacher @yohan2on and the administrators @steemcurator01 and @steemcurator02 for allowing the study of cryptocurrencies and be very attentive to everything that happens in this community @steemitblog SteemitCryptoAcademy thank you very much for reading my task number 7 of the academy my name is @laser145

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Thanks for your visit

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