The inode cryptocurrency market is called the digital wild west. And there is a considerable amount of truth in this, since the market is in its infancy.
The value of digital assets is not particularly clear to the average layman and is not at all obvious. In such conditions, not only serious ambitious projects with far-reaching goals and good potential, but also frank dummies created for the sake of a joke are on the crest of popularity.
SHIB is a popular meme coin
The SHIB coin was created as a parody of another meme-coin – DOGI. In addition, the creator of SHIB himself declares that the project is a spontaneous social experiment. The purpose of the experiment was to establish whether it is possible to launch a cryptocurrency project with zero financial investment, solely on the enthusiasm of the community. The experiment was a success, moreover, now SHIB is in the TOP-20 largest cryptocurrencies.
With the explosive growth of SHIB over the past year, there is already a fantastic wealth story for two photographer brothers. Yet the position of SHIB and its future prospects are regarded as very uncertain.
Stablecoins
In contrast to SHIB, which is kept in the spotlight solely due to the support of the enthusiast community, stablecoins are a bulwark of stability in an ultra-dynamic market.
Unlike other cryptocurrencies, the value of which depends entirely on the ratio of supply and demand, stablecoins are backed by traditional assets. The best-known and longest-lived asset of this type is Tether (USDT). The USDT/USD exchange rate is held at a close 1:1 ratio.
USDT performs several functions. First of all, it serves as a kind of intermediary between fiat and digital currencies. Another important task that is solved by means of USDT is profit taking to diversify risks. Exchange SHIB to USDT at the all-time high and save money – more than obvious and undoubtedly the right decision.
USDT firmly holds its position in the TOP-5 of the most valuable cryptocurrencies, sometimes moving from the third line of the rating to the fourth and back.
Where to change SHIB to USDT
The SHIB / USDT cryptocurrency pair is available for exchange and trading on all exchanges where SHIB is traded, in particular Binance, Huobi, Uniswap, OKEx, Gate.io.
Traditional trading platforms are not suitable for all cryptocurrency owners. Access to the platform functionality requires registration and account verification.
Disclosure of personal information on the network increases the user’s vulnerability and no web resource can guarantee 100% security. This statement applies equally to both confidential data and funds on the balance sheet. Precedents of theft are recorded in the history of almost every exchange, including the most famous ones.
LetsExchange – a safe alternative to classic crypto exchanges
The instant cryptocurrency exchange service at https://letsexchange.io/ is one of the safest platforms for buying cryptocurrency for cryptocurrency. The sharing widget is available without registering an account. Moreover, no personal information is required from you. All you need to do is follow these steps step by step:
- In the upper field, enter SHIB and enter the amount of coins to sell.
- In the bottom field, enter USDT to buy. Recalculation at the current rate is performed automatically.
- Enter your wallet address.
- Top up your deposit.
- Click the “Exchange” button.
The search for the best deal and the exchange are performed automatically. After the transaction is completed, the coins are credited to your wallet without any additional steps.
The platform does not store any user data and does not provide wallet services. All your assets remain under your control.