New ERC20 tokens
Due to popular demand, we are happy to announce the addition of 3 new ERC20 tokens based on the Ethereum Blockchain for Deposits and Withdrawals. These New Tokens are referred to as “Stablecoins”
Why use Stablecoins?
Stablecoins are just what the name implies- cryptocurrency that is less vulnerable to market value fluctuations. Stablecoins are used to minimize the price volatility of cryptocurrencies like Bitcoin, Ethereum, Litecoin etc.
They provide purchasers the ability to transfer money instantaneously, privately, and securely without fear of traditional cryptocurrency decreasing in value during the time of the purchase and the moment it is sent, spent or used to buy more cryptocurrencies.
Stablecoins are issued by crypto companies that are backed by traditional financial investment tools. In this case, their value is pegged to the US Dollar.
Stablecoins are becoming the safest cryptocurrency alternatives of fiat currencies. They are a safe haven in the volatile world of cryptocurrency.
Check this page for details on how to deposit using Stablecoins: