Stablecoins are a usable cryptocurrency, they promise the stability of traditional fiat currency. 1:1 Parity is guaranteed through various methods, however, the most common is fiat-collateralization.
Fiat-collateralized coins are backed up by actual money in a bank account. Every coin you buy is matched by a single unit of fiat currency deposited into a bank account. For example, $1 = 1 coin. Stablecoins are where most of the new development in the crypto world is happening. They create an accessible port of entry for the regular person to enter the cryptocurrency world.
Trade with Confidence
TiedCoin offers a trading system that is basically like having your cash-in-hand. Enter/Exit the market at will. You will not encounter the traditional waiting times of days (sometimes weeks) that you find with other cryptocurrencies when transferring from crypto to fiat, or vice versa.
Tied is a blessing for budding cryptocurrency traders. Picture this: You’ve invested in BTC when prices are low, suddenly their price surge to record highs, but you have the feeling they will drop at any minute? Well, you can transfer your BTC for T2EUR or T2JPY instantly with the help of your very own free Tied Wallet. TiedCo has partnered exclusively with beaXchange, and they offer cross-platform wallet usability. Exchange your BTC, ETH, LTX at a moment notice, without any hassle.
You know if you’ve converted your 1 BTC (worth $10,000) into TiedCoin, then your 10,000 coins will not drop in value. You can walk away for six months, and the value of your coins will remain the same. If you decide to try your hand again at crypto trading, you can easily convert into your desired cryptocurrency. Do you want to cash out your TiedCoins for fiat? You can liquidate instantly.
TiedCoin is the first stablecoin (T2JPY) trading in Japan with the promise of instant liquidity! How did you ask? TiedCo’s exclusive partnership with beaXchange allows them to stand in the market as ‘market makers’. This ability allows TiedCo to buy-back any coins they have issued at near face value. If you ever need to sell and no one is buying, do not worry, they have you covered. A coveted 100% buy-back pledge allows you to trade with confidence.
Reap the Benefits of a Decentralised System
The concept of cryptocurrency really gained traction after the financial crash of 2008. An evident need for a new financial system presented itself, one that ditched the traditional concept of centralized banks. It’s extremely confusing why you would have to pay fees to move your own money around!
Why should we leave control of our money in the hands of people who will not think twice about gambling it all away? We shouldn’t. However, traditional cryptocurrencies such as Bitcoin or Ethereum are unstable. Yes, they support the idea of a decentralized banking system but it’s just not feasible to use a currency that is extremely volatile. It is not viable to expect mainstream adoption of these coins.
Experience the perks of a decentralized system, and the stability of stablecoin, with TiedCoin. Move your money around on the decentralized Stellar blockchain. No need to worry about the oversight of major banks in your business. Never again will you have to ask permission to withdraw money from your account. The only fee you will have to pay is a token transaction fee when transferring from an external Tied Wallet.
Revolutionize the way you save money by transferring your savings into TiedCoin. It is a great way to actually save. You might be familiar with the saying “out of sight, out of mind” – when you convert your savings into TiedCoin, they will be safe and secure in your Tied Wallet. However, you will not have instant access to them and their value as you would with your traditional bank accounts. The next thing you know, you are saving and spending what you have budgeted for your day/week/month. Pretty soon you’ll have saved your target amount for that vacation to the Bahamas.