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RE: Steemit Crypto Academy Week 6 Task: Stable coins- Tether (USDT) | lecture by @yohan2on
Hi @fredquantum
Thanks for attending the 6th Crypto course and for your effort in doing the given home work task.
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This is excellent work. Well researched, explained in a clear way.
USDT is being used to quickly move money between exchanges to take advantage of the slightest opportunities
Indeed the ease of crypto funds transfer is one of those key benefits of Tether. One does not need to go a long way of cashing out then re-deposting his money in the bank to again buy crypto and take advantage of the crypto bull opportunities.
It's just as simple as holding your crypto funds in USDT and waiting upon that opportune moment where you buy low and then sell high.
Homework task
10
Thanks for your review dear professor @yohan2on. Your lectures has been a great one and I look forward to learn from you subsequently.