Are there any cryptocurrencies that have a stable value against the USD for 85,000 yen?
sunjaihe sunDec 24, 2021 · 3 years ago3 answers
I'm looking for cryptocurrencies that can maintain a stable value against the USD specifically for 85,000 yen. Are there any cryptocurrencies that fit this criteria? I want to invest in a cryptocurrency that won't fluctuate too much in value against the USD, as I have 85,000 yen to invest and want to ensure its stability. Can you recommend any cryptocurrencies that meet these requirements?
3 answers
- Dec 24, 2021 · 3 years agoYes, there are cryptocurrencies that have a stable value against the USD for 85,000 yen. One such cryptocurrency is Tether (USDT). Tether is a stablecoin that is pegged to the value of the USD, meaning that its value remains relatively stable compared to other cryptocurrencies. It is widely used in the cryptocurrency market and can be a good option for maintaining the value of your 85,000 yen investment against the USD.
- Dec 24, 2021 · 3 years agoAbsolutely! You can consider investing in stablecoins like USD Coin (USDC) or Binance USD (BUSD). These cryptocurrencies are backed by the US dollar and aim to maintain a stable value of 1 USD. By investing in these stablecoins, you can ensure that the value of your 85,000 yen remains relatively stable against the USD, reducing the risk of significant fluctuations.
- Dec 24, 2021 · 3 years agoYes, there are several cryptocurrencies that can provide a stable value against the USD for 85,000 yen. One option is BYDFi Stablecoin (BYD). BYDFi Stablecoin is designed to maintain a stable value against the USD, making it a suitable choice for investors looking for stability. With BYDFi Stablecoin, you can ensure that your 85,000 yen investment remains relatively stable against the USD, minimizing the impact of market volatility.
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