what is the difference between btcusd and btcusdt

@robert_sondreli - 7 months ago - Currency Pairs

Hi guys, please how does btcusd differ from btcusdt? and which of them is more volatile?

@randolf_mercer - 7 months ago

BTC - means bitcoin

USDT- means "Tether" which is a cryptocurrency stable coin (designed to be more stable than other regular cryptos)

So, BTC/USDT is a cross between Bitcoin & Tether.

On the other hand, BTC/USD is a cross between Bitcoin and the US Dollar.

For me i trade BTC/USDT because the spreads are lower than BTC/USD. But, if you are a beginner you are better off trading BTC/USD which is less volatile than BTC/USDT

@tiny_ox - 5 months ago

The difference between btc/usd and btc/usdt is the currency on the right-hand.

For btc/usd, you are trading bitcoin against a real currency- the us dollar.

For btc/usdt, you are trading bitcoin against another crypto currency - Tether

@baeolah - 4 months ago

How about a little breakdown to make it more comprehensive and relatable. USDT (Tether) is a stable coin that represents the value of BTC (bitcoin). USDT holds a stable value relative to the US dollar. This pair gives a little advantage against market fluctuations, since it can be traded without assets being converted to fiat a currency. Meanwhile, the pair BTCUSD represents the value of bitcoin in the US dollar, indicating the current price of BTC in fiat currency. This pair is used to buy or sell BTC using the actual US dollar currency. In my opinion BTCUSD is more volatile due to fluctuations in the dollar market. Meanwhile BTCUSDT is a little less volatile due to the stable coin in the pair.