BCH to USDT conversion chart
Bitcoin Cash to Tether correlation
BCH and USDT are not correlated to each other as BCH's value depends on supply and demand. Whereas, USDT is a stable coin that 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, BCH and USDT do not share a strong relationship.
BCH Price Change and Market Cap
Currently, BCH price is 131.54 USDT. According to the Bitcoin Cash price chart, the 24-hour change is -2.12%. The total market capitalization of Bitcoin Cash is $21556520 with 21912295.13 BCH in circulation. In the previous 24 hours, Bitcoin Cash price hit highs of 137.43 USDT and lows of 131.28 USDT.
Bitcoin Cash Price Prediction
Bitcoin Cash price grew exponentially in a short period several times in its history. Bitcoin Cash was on a bull run since its inception and rose to a peak of $4,355.62 on December 20, 2017. Bitcoin Cash price in early January of 2020 was close to $200. BCH price climbed up consistently in the next few weeks and at one point Bitcoin Cash price almost breached the $500 mark in February. Following the economic crisis, Bitcoin Cash price also declined sharply in March and traded in the range of $160 to $200. Bitcoin Cash price picked up in the second quarter and did not go through any fluctuations. As of June 2020, Bitcoin Cash price is around $230.
Bitcoin Cash price prediction states that we can see BCH price crossing the thousand dollar mark again in 2025. Bitcoin Cash is a good investment for long-term returns but its too early to predict the prices for 2030 as the project is still young. Do check our Bitcoin Cash Price Predictions article for more details.
Bitcoin Cash Wallets
Still looking for a crypto wallet to store your Bitcoin Cash safely? We shortlisted some of the best for you.
On Trezor, Coolwallet S, and Exodus wallet you can safely store your Bitcoin Cash and also exchange it without leaving the application via ChangeHero. Choose the one that suits your needs.
BCH to USDT exchange margin
Considering today’s exchange rate, a transaction of 1 BCH to USDT would result in an output of 131.54 USDT.
How to convert Bitcoin Cash to Tether
Bitcoin Cash and Tether comparison
Bitcoin Cash is an open-source decentralized blockchain platform and works as a peer-to-peer payment system. It came into existence due to the Bitcoin hard fork which took place in 2017. Bitcoin Cash has a bigger block size and can process transactions faster and cheaper compared to Bitcoin. It trades with the ticker BCH and is accepted widely by merchants.
USDT is a stable coin that 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 functions as a bridge between the crypto and fiat currency.
What is Bitcoin Cash?
Bitcoin Cash came into existence on August 1, 2017, as a result of the hard fork in the Bitcoin blockchain. Despite being the industry leader in market capitalization, Bitcoin lacked scaling. While one group recommended increasing the block size, the other opposed it and offered Segregated Witness (SegWit) as a solution. When the factions failed to reach a consensus, the group that supported increasing the block size forked the chain which gave rise to Bitcoin Cash with the ticker BCH. Bitcoin Cash is supported by Jihan Wu, co-founder of Bitmain and Roger Ver, CEO of Bitcoin.com.
Bitcoin Cash envisions to be peer-to-peer electronic cash that can be spent anywhere with low fees. Bitcoin Cash is similar to its elder brother, Bitcoin, in many ways. BCH uses the same Proof-of-Work consensus algorithm and produces a block every 10 minutes. New coins are issued through mining, and the protocol undergoes halving to regulate the issuance. Bitcoin Cash has a block size limit of 32MB and can process around 280 transactions per second.
Bitcoin Cash to Tether price details
BCH to USDT Conversion Rate and Price
Currently, the conversion rate for 1 BCH equals to 131.54 USDT. The 24-hour highest price of Bitcoin Cash in relation to USDT was 137.43 USDT and the lowest was 131.28 USDT. In short, BCH price in relation to USDT changed by -2.12%.
Instantly Exchange BCH to USDT
On ChangeHero you can instantly exchange Bitcoin Cash to Tether without signup. You can easily convert BCH to USDT in a few clicks without worrying about the rates and fees. ChangeHero offers both the Best Rate and Fixed Rate for your BCH to USDT exchange.
BCH to USDT Best Rate Exchange
In the Best Rate exchange of Bitcoin Cash to Tether, we search through various exchanges for the BCH 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 BCH 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 BCH to USDT.
BCH to USDT Fixed Rate Conversion
In the Fixed Rate exchange of Bitcoin Cash to Tether, ChangeHero finds a good rate for the pair BCH to USDT and fix the rate for up to 15 minutes. In the Best Rate exchange of BCH 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 BCH to USDT fast and safe at the best rates.
Frequently asked questions
How long does it take to convert BCH to USDT?
Usually, it takes around 15 minutes but the time may vary depending on how busy the network is.
Do I need an account to exchange BCH to USDT?
No, you do not require an account to swap BCH to USDT on ChangeHero. There will be no registrations for your Bitcoin Cash to Tether transaction.
Do I need to go through KYC procedures for BCH to USDT exchange?
There will be no KYC for the BCH to USDT exchange. However, if our threat detection system raises the alarm then we ask you to complete a simple verification procedure which takes a few minutes.
Can I exchange USDT to BCH?
Yes, you can instantly exchange USDT to BCH on ChangeHero.
Buy and sell Tether USD
Are you looking to buy USDT? Now, on ChangeHero you can buy USDT with a credit or debit card. Also, you can see your cryptocurrency on ChangeHero to US Dollars and Euro. Give it a try.
