Stablecoins and it's advantages

WHAT YOU SHOULD KNOW ABOUT STABLECOINS

Stablecoins as the name implies, are crypto coins that are stable, their prices are pegged to real life currencies (u.s dollars mostly) so as to create balance as they don't have the sort of volatility we see in Bitcoin or ethereum. Volatility is a two edged sword in a way, as prices rise fast, they also fall fast sometimes and can reduce the value of your coins real quick, if you're the type of person that likes to save $250 and come back and meet your $250 without plus or minus then stablecoins are for you.

Here is a recent price action of BUSD, the flatness of the price action shows how much it lacks volatility

Stablecoins are very beneficial to crypto traders also, because a lot of traders like to keep their balance at a certain level and then try to increase it at their own pace and the volatility in unstable coins can tamper with that, so they always convert all their coins to stablecoins after taking a profit on it.
There are lots of stablecoins on binance like USDT, BUSD, TUSD, DAI and more, so you should definitely open a binance account if you want to enjoy these benefits, click to open an account now
https://www.binance.com/en/register?ref=47746482

Have a nice day.
Binance Africa