5 Steps to Safely Buying Stablecoins

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Stablecoins give you a way to turn your cash into crypto without the volatility. This type of cryptocurrency is pegged to another asset and typically mirrors that asset’s value. For example, several stablecoins are pegged to the U.S. dollar and are each worth $1.

If you’re interested in lending crypto, stablecoins are a popular choice. You could earn 25% interest lending out coins, and your stablecoins generally won’t lose value like other cryptocurrencies could. They also work well for transferring money.

Cryptocurrency purchases can be a bit intimidating the first time around. You don’t want to lose money on a scam or pay too much in fees. Here’s how you can buy stablecoins securely and without unnecessary extra costs.

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