UTB Bot, short for United TeleBot, is a fully-automated currency app that allows Telegram users to buy, sell, and store cryptocurrencies. The application functions similarly to most crypto wallets, enabling cost-free deposits, withdrawals, and conversions. In addition, however, it comes with a user incentive in the form of a daily return, regardless of external conditions. Telegram has become one of the most popular messaging apps in recent years, reaching over 700 million users. Notably, the Telegram community increased by 200…
Stable Coin
Top Stablecoins to Use in 2023
Stablecoins are virtual currencies that help minimize crypto market volatility. These crypto-assets are often pegged to the value of fiat money, exchange-traded commodities like gold and silver, or cryptocurrency. These tokens operate on blockchain technology and offer investors more safety than other crypto assets. Over the years, stablecoins have increasingly brewed up a storm in the crypto space. For instance, most of them chose the US Dollar as the primary asset to peg their value and reach global acceptance. Nevertheless, not all stablecoins…
1 year ago 851 views
March Sees BTC/USDT Trading Volume Triple While USDC and PAX Recorded an Upsurge
Bitcoin's massive market crash in March rocked the whole crypto market. It introduced a long period of volatility. Consequently, several altcoins plummeted too. Things were different, though for stablecoins that experienced impressive gains over Bitcoin (BTC). Hedging Against BTC Many crypto traders entered the stablecoin market to hedge against Bitcoin's increasing volatility. Tether, the popular and highly controversial stablecoin dominated transactions. According to BitMEX, the BTC/USDT trading almost tripled in March (21.6 million BTC). It had previously reached a value…
3 years ago 393 views