The XMR to USDT (Monero to Tether (ERC20)) swap process on our instant crypto exchange platform is as easy as 1-2-3:
That's it! If you need more details, in our article below we have covered various aspects of swapping XMR to USDT, as well some information about both cryptocurrencies and a more detailed step-by-step guide.
Using an instant crypto exchange to swap XMR to USDT has several benefits. The most important of them are listed below.
Typically, after you send your Monero deposit, you get your Tether (ERC20) just in a matter of minutes.
You don't have to create an account or share any personal information to swap XMR to USDT on an instant crypto exchange.
Low minimum requirements to exchange XMR to USDT, currently 0.05263324 XMR. And there is no upper limit at all.
Minimized number of clicks and other actions needed to complete your crypto swap, compared to exchanges where it is mandatory to create an account, provide personal information, log in every time etc.
Cryptocurrency is a modern type of digital money which is made using mathematical operations and encryption. There is plenty of such currencies in the world and new ones appear every day. Monero and Tether (ERC20), among many others, are cryptocurrencies that are in stable demand nowadays.
As most other cryptocurrencies, both XMR and USDT have the following common benefits:
The XMR/USDT currency pair is quite popular among crypto traders, which means it tends to have sufficient liquidity and significant daily trading volume.
The necessity to compare Monero to Tether (ERC20) before swapping and the advised level of analysis depth depend on the primary purpose of your intended XMR to USDT swap and the amount you are planning to exchange.
If you are going to convert a certain amount of your XMR to USDT just because you need some Tether (ERC20) for your further operations, or the amount of your swap transaction is relatively small, you probably don't need to perform any analysis or XMR to USDT comparison before proceeding with your Monero to Tether (ERC20) swap.
If your primary intent of swapping XMR to USDT is to make money out of short-term XMR/USDT pair price movement, you may wish to perform technical analysis of the pair, i. e. scrutinize short-term price charts, find out whether there is a clear trend or not, examine technical indicators, current price momentum, compare Monero and Tether (ERC20) daily trading volumes and possibly some additional factors to make the right decision.
If the primary aim of your swap is a long-term investment and the amount you are planning to invest is significant, you may wish to perform in-depth fundamental analysis of both involved cryptocurrencies:
The price of 1 XMR in USDT is currently 186.8294880 USDT. Please keep in mind that the final exchange rate for a specific XMR to USDT swap transaction can slightly differ from this value, because it depends on the input amount of XMR.
In this more detailed tutorial, we will show you how to swap XMR to USDT in a few simple steps, quickly, without KYC and sign-up.
When you swap XMR to USDT on our platform, you can be sure you get the best available exchange rate. After you choose the cryptocurrencies to exchange and enter the amount, our system retrieves rates from several crypto liquidity providers and selects the best exchange rate for you automatically.
Yes, this cryptocurrency pair is available on SwapNow as well.
We sincerely hope that information provided in this article can help you analyze all pros and cons and make a thoughtful decision regarding your planned XMR to USDT swap.