BTC to USDT conversion chart
Bitcoin to Tether correlation
BTC and USDT are not correlated to each other as BTC’s value depends on the supply and demand. Whereas, USDT is a stable coin which is backed by traditional fiats like the dollar and the euro. USDT’s value remains the same, which is $1 regardless of the market conditions. Hence, BTC and USDT do not share a strong relationship.
BTC Price Change and Market Cap
Currently, the BTC price is 22760.09 USDT. According to the Bitcoin price chart, the 24-hour change is -0.74%. The total market capitalization of Bitcoin is $4031935149 with 4061864472.33 BTC in circulation. In the previous 24 hours, the Bitcoin price hit highs of 23063.86 USDT and lows of 22746.19 USDT.
Bitcoin Price Prediction
Bitcoin is the most valuable cryptocurrency with a market cap of over $170 Billion as of June 2020. BTC is popular for the huge return on investments with a ROI close to 7,000%. Bitcoin price reached a peak of $20,089.00 on December 17, 2017. At the beginning of 2020, the Bitcoin price was $7,207.59 and it grew exponentially for the whole of January. In February, BTC price crossed the long-awaited ten thousand dollar mark. Unfortunately, Bitcoin price plummeted in the following months and BTC touched the lows of $4,656.31 on March 16 alongside the COVID-19 pandemic outbreak.Technical analysis suggests that by 2025, Bitcoin price will be closer to $100,000. On the other hand, many crypto enthusiasts suggest that Bitcoin will hit the Million Dollar mark in 2025, we want it to happen too. For more detailed Bitcoin price prediction check our detailed analysis below.
Bitcoin Wallets
Don’t have a wallet yet?If you are looking for a software wallet, pick Exodus, if security is your major priority, choose either Trezor or CoolWallet S. In all these wallets you can track the live bitcoin price as well as other cryptocurrencies. Either way, you will be able to exchange Bitcoin at the best rates with ChangeHero in these wallets.
BTC to USDT exchange margin
Considering today’s exchange rate, a transaction of 1 BTC to USDT would result in an output of 22760.09 USDT.
How to convert Bitcoin to Tether
Frequently asked questions
What is the minimum and maximum BTC / USDT exchange amount?
The lowest amount of BTC you can swap with USDT can be referenced anytime with the calculator. There is no hard limit on the maximum amount for this exchange.
What are the fees to convert BTC to USDT?
The fees for the BTC to USDT conversion depend on the market and available liquidity, but no more than a 0.5% fee with Best Rate and up to 0.7% in Fixed Rate.
How long does it take to swap BTC for USDT?
How long it takes to swap cryptocurrencies largely depends on the blockchain. For the BTC to USDT swap, the average expected time is under 5 minutes. Extra factors like your crypto wallet or network load can increase the waiting time.
Do I need an account to exchange BTC to USDT?
To swap BTC to USDT on ChangeHero, you do not need to register an account. Carry out your BTC to USDT transaction from start to finish without registration or logging in.
Do I need to go through KYC procedures to exchange BTC to USDT?
Although there is no mandatory KYC for the BTC to USDT exchange, ChangeHero uses a threat detection system that can flag a transaction as suspicious. To proceed with or refund the transaction, contact the support service and complete a simple verification procedure. For more information, refer to the KYC/AML Policy of ChangeHero.
How to exchange large amounts of BTC to USDT on ChangeHero?
To initiate a large conversion from BTC to USDT, create it like you normally would — without a KYC or registration. Regardless of the amount, ChangeHero will process your conversion as soon as your transfer reaches the deposit address. In any case, you can always count on our support team to provide timely assistance.
Bitcoin and Tether comparison
In the year 2009, Satoshi Nakamoto launched Bitcoin which is aimed at providing a digital means of transacting value without a central entity. The core principle of Bitcoin is decentralization and digital freedom. Later on, many cryptocurrencies followed Bitcoin’s path and gave rise to a whole new industry.USDT is a stable coin which was launched in the year 2014. Initially, it was called RealCoin and later renamed as Tether. USDT belongs to a new clan of cryptocurrencies called Stablecoins. Tether is pegged to the fiats like the US Dollar, the Euro, Japanese Yen and others to keep its value stable. In terms of the USDT, the peg will be in the ratio of 1:1 which means 1 USDT will always be equal to $1. Tether is used to minimize the volatility risks of crypto and also function as a bridge between the crypto and fiat currency.
What is Bitcoin?
Bitcoin is a blockchain-based digital currency; it is a peer-to-peer version of electronic cash which allows the payments to be made without any intermediaries such as financial institutions. Bitcoin trades under the ticker symbol BTC. Launched in 2009 by Satoshi Nakamoto, Bitcoin is aimed at giving the masses financial freedom and developing a trustless economy.Bitcoin is the first cryptocurrency based on blockchain technology. BTC remains to be the most popular digital currencies despite the inception of plenty of altcoins. In recent years, Bitcoin price sky-rocketed and captured the attention of many investors all over the world. Many merchants across the globe are now accepting payments in this cryptocurrency.Some of the advantages of using the Bitcoin include lower transaction fees, high security and decentralization. The impact of this cryptocurrency is so huge that it led to the development of many other virtual currencies often referred to as altcoins. Bitcoin laid the foundation for the much-needed cryptocurrency industry in the past decade.
Bitcoin to Tether price details
BTC to USDT Conversion Rate and Price
Currently, the conversion rate for 1 BTC equals to 22760.09 USDT. The 24-hour highest price of Bitcoin in relation to USDT was 23063.86 USDT and the lowest was 22746.19 USDT. In short, BTC price in relation to USDT changed by -0.74%.Instantly Exchange BTC to USDT
On ChangeHero you can instantly exchange Bitcoin to Tether without signup. You can easily convert BTC to USDT in a few clicks without worrying about the rates and fees. ChangeHero offers both Best Rate and Fixed Rate for your BTC to USDT exchange.BTC to USDT Best Rate Exchange
In the the Best Rate exchange of Bitcoin to Tether, we search through various exchanges for the BTC to USDT pair and find the best rate available in the market. We provide you with an estimation of the amount of USDT you will receive.As soon as you accept the terms and the BTC is deposited, the exchange will be automatically processed. We remind you that the final amount of USDT you receive may vary slightly due to the volatility in the price of the cryptocurrencies which affects the conversion rate of BTC to USDT.BTC to USDT Fixed Rate Conversion
In the the Fixed Rate exchange of Bitcoin to Tether, ChangeHero finds a good rate for the pair BTC to USDT and fix the rate for up to 15 minutes. In the Best Rate exchange of BTC to USDT, you will receive the exact amount of USDT which was shown in the estimate.ChangeHero is a non-custodial service and never holds your cryptocurrency. As soon as the exchange is completed, we send your assets to the specified USDT address. ChangeHero is the best place to exchange BTC to USDT fast and safe at the best rates.Buy and sell Bitcoin
Are you looking to buy Bitcoin? Now, on ChangeHero you can buy Bitcoin with credit or debit card. Also, you can see your cryptocurrency on ChangeHero to US Dollars and Euro. Give it a try.
