What's the point of holding stables on a CEX?

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What's the point of holding stables on a CEX? Anonymous Fri Dec 9 09:20:21 2022 No.52798888 [Reply] [Original]

I don't understand why someone would trade into stables on Coinbase or Binance. It doesn't make any sense. Why not just trade into USD? I thought stables were a way to trade out of crypto and into dollars WITHOUT CEXs knowing and reporting you.

>>	Anonymous Fri Dec 9 10:55:58 2022 No.52799371 >>52798888 you can stake stables, and don't have to pay tax in most countries if you sell for stables because this shit isn't considered real money.

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