Exchange - test net(demo account) there 2 different parts usually - testnet.phemex.com

• Spot wallet - building a crypto portfolio - exchange trading - buy, invest, build

USDT is a stable coin

Stable Coin - any cryptocurrency designed to have a relatively stable price, typically through being pegged to a commodity or currency or having its supply regulated by an algorithm. ( is when a cryptocurrency USDT is pegged 1 to 1 to US dollar.

Fiat currency/money - all kinds of money that are made legal tender by a government decree or fiat (USD, EUR, YEN).

Tether (USDT) - I’m not gonna invest in stable coins because it won’t go up, it’s a stable coin. It’s a coin that has a lot of drama, and a lot of lawsuits even because they are haven’t able to fully prof that they are completely back to 1 by 1 with USD. (centralized)

USDC - is a stable coin - secure - a lot safer keeping stable coin - is back 1 to 1 with USD - a lot cheaper. (circle.com) - decentralized

DAI - is a stable coin - constantly stays at $1 - unbiased cryptocurrency - decentralized currency (makerdao) - at the top of ETH blockchain ERC 20

Why do need stable coins for? 

• You can put your funds in a stable coin that there is no volatility price until there is the right price to get into your cryptocurrency.

• Is for earning

World of Defi - we can put our stable coins to work for us.

• Nexo.io - like a bank, to earn for you - is a centralized platform- make your money work for you - 18% APR (initial investment) 

• Aave.com - deposit get APY(compound percentage) for stable coins - decentralized platform- connect your wallet (highly recommended)

• App.achorprotocol.com - 

• TerraUSD - getting a lot of attention - stable coin - terra blockchain - decentralized platform - earnings APY 19.6%