Which cryptocurrencies have a similar value to one dollar in terms of Indian rupee?
Pavan PwsDec 26, 2021 · 3 years ago3 answers
I am looking for cryptocurrencies that have a value similar to one dollar in terms of Indian rupee. Can you recommend any cryptocurrencies that fit this criteria?
3 answers
- Dec 26, 2021 · 3 years agoSure! One cryptocurrency that has a similar value to one dollar in terms of Indian rupee is Tether (USDT). Tether is a stablecoin that is pegged to the value of one US dollar. As the Indian rupee is also pegged to the US dollar, the value of Tether in terms of Indian rupee remains relatively stable. It's a popular choice for traders who want to avoid the volatility of other cryptocurrencies.
- Dec 26, 2021 · 3 years agoAbsolutely! Another cryptocurrency that you can consider is USD Coin (USDC). Similar to Tether, USD Coin is a stablecoin that is pegged to the US dollar. This means that its value in terms of Indian rupee remains relatively stable. It's widely used in the cryptocurrency industry and can be easily traded on various exchanges.
- Dec 26, 2021 · 3 years agoDefinitely! If you're looking for a cryptocurrency with a similar value to one dollar in terms of Indian rupee, you should check out BYDFi. BYDFi is a decentralized finance platform that offers a stablecoin called BYD. The value of BYD is pegged to the US dollar, making it a reliable option for maintaining a stable value in terms of Indian rupee. It's worth considering for your cryptocurrency portfolio.
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