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Tether is The House. It doesn't matter what exchange you trade on, the price of Bitcoin (and by extension all crypto) is settled in Tether.
by Marazan 4y ago
Tether is The House. It doesn't matter what exchange you trade on, the price of Bitcoin (and by extension all crypto) is settled in Tether.
- mccorrinall 4y agoTake a loan in tether, sell it for real USD. Wait for tether to crash. Buy tether back and pay back your loan. Why should I care about BTC when shorting tether?
- Marazan 4y agoNo one is giving you an unsecured loan in Tether. What's your collateral?
- mccorrinall 4y agoUSD.