What are the advantage of STEEM / USDT trading pair? And STEEM UP 0.60$ with price difference of 60%

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Source of the Screenshot Binance

While seeing the green color in the market was really happy thing when we invested our hope in it. Yeah, I was greatly happy to see the steem went to sixty cents along with the news of Binance regards its new trade pair of steem.

What are the advantages of the STEEM/USDT trade pair?

Here we go the main advantage of having stable coin pair was we can able to put the open market order without any other coins independency like bitcoin to steem trade pair or steem to ethereum trade pairs. The value of the ethereum and the Bitcoin gets changes subsequently and henceforth making open orders in the exchanges may results in us in an unpredictable closing order value. There it welcomes the USDT or any other stable coin trading pair.

Getting the steem at the lowest price. As we can see the recent price action of the Steem which makes us really as happy as the really really good project is now getting bigger as of now this Steem power was an important thing in our steem Community where we need it as an essential thing.

Here we paved the way to make an open order on the Binance exchange where we can manually feed the bid price in dollars vs how much steem we need to buy. When the market of bitcoin and ethereum drops we can avoid the little bit of price action in the STEEEM as open orders of USDT get filled and makes increased buy pressure in the USDT market than in the BTC market. Let me explain this with a few examples, If 100 satoshi is equal to 0.5$ (just assume BTC price is $40000) to steem. You placed an order of 100STEEEM which is 10,000 satoshi. When the BTC market moves down to $30000 from $40000. Now the value of steem will be reduced to $0.357 and the open orders will not get filled as your trading pair token decreases the value. But now consider the USDT market when the price goes down your wallet will get filled with the steem token.

Just saw the post on steem price with many steem users :).
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 2 years ago 

Hello @ranjithpvrp your post is knowledgeable.
Why don't you join the Indian community. We need smart members like you and you have full freedom to join #steemindiaa.
Cc-
@deepak94(MOD) of steemindiaa community.

Sure brother 🙂 happy to see you comment

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