USDT to AXS conversion chart
Tether to Axie Infinity correlation
AXS and USDT are not correlated to each other as AXS’s value depends on the supply and demand. Whereas, USDT is a stablecoin 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, AXS and USDT do not share a strong relationship.
USDT Price Change and Market Cap
Currently, USDT price is 0.09372 AXS and the 24-hour change is 2.25%. The market cap of Tether today is $1549922 with a total of 1507879.97 USDT in circulation. In the past 24 hours, USDT price peaked at 0.0939 AXS and the least price was 0.08929 AXS.
Tether Price Prediction
Tether is a stablecoin that is pegged against the US dollar and other fiat currencies. The price of USDT remains the same, i.e. $1 regardless of the market conditions. Technically, in any given time USDT price will be stable, even in the long run. USDT is a safe choice to enter or exit the market and avoid market volatility.
USDT to AXS exchange margin
The closing conversion rate for USDT to AXS yesterday was {{LAST}}. Considering today’s exchange rate, a transaction of 1 USDT to AXS would result in an output of 0.09372 AXS.
How to convert Tether to Axie Infinity
Tether and Axie Infinity comparison
Formerly known as RealCoin, Tether (USDT) was launched in 2014. USDT belongs to a new wave of cryptocurrencies called Stablecoins. These kinds of cryptocurrencies aim to reduce the risk of volatility and maintain a stable value for the crypto. USDT is backed by fiat currencies like the US Dollar, the Euro and others to avoid the price fluctuations. The US Dollar peg will always be in the ratio of 1:1 and hence one USDT will always be equal to $1.
Axie Infinity is one of the pioneers of the Play-to-Earn (P2E) concept, where gamers earn crypto and NFTs through gaming activity. As part of the online game, users participate in turn-based battles, but the main difference is that gamers have control over their characters, land plots, resources and other in-game items of the universe. Thus, Axie Infinity is an open digital universe, where the economy is controlled by its players.
What is Tether?
Tether belongs to a new group of cryptocurrencies called Stablecoins. Unlike most cryptocurrencies, Tether is backed by assets or fiat currency. For instance, USDT is pegged against the US dollar at a proportion of 1:1. This backing from a fiat currency results in its less volatile nature and stability in the price. Tether was launched initially with the name RealCoin which was later rebranded as Tether and started trading in 2014. Tether was built to bridge the gap between the fiat currencies and blockchain. It is aimed at everyday transactions.
USDT was first issued on the Bitcoin blockchain through the Omni Protocol. Currently, Tether is available on various blockchains such as Etheruem, Tron, EOS and Algorand. Tether offers stable, transparent and secure transactions worldwide with a minimal transaction fee to the users. Tether Ltd., oversees the development of USDT and publishes the details of the reserves that back the value of USDT. Tether is backed not only by the US Dollars but also by Euro and Chinese Yuan.
Tether to Axie Infinity price details
USDT to AXS Conversion Rate and Price
At the moment, the conversion rate for 1 USDT equals to 0.09372 AXS. The 24-hour highest price of Tether in relation to Axie Infinity was 0.0939 AXS and the lowest was 0.08929 AXS. In short, USDT price in relation to AXS changed by 2.25%.
Instantly Exchange USDT to AXS
On ChangeHero you can instantly exchange Tether to Axie Infinity without registrations. You can easily convert USDT to AXS in a few clicks without worrying about the rates and fees. ChangeHero offers both Best Rate and Fixed Rate for your USDT to AXS exchange.
USDT to AXS Best Rate Exchange
In the the Best Rate exchange of Tether to Axie Infinity, we search through various exchanges for the USDT to AXS pair and find the best rate available in the market. We provide you with an estimation of the amount of AXS you will receive.
As soon as you accept the terms and the USDT is deposited, the exchange will be automatically processed. We remind you that the final amount of AXS you receive may vary slightly due to the volatility in the price of the cryptocurrencies which affects the conversion rate of USDT to AXS.
USDT to AXS Fixed Rate Conversion
In the the Fixed Rate exchange of Tether to Axie Infinity, ChangeHero finds a good rate for the pair USDT to AXS and fix the rate for up to 15 minutes. In the Best Rate exchange of USDT to AXS, you will receive the exact amount of AXS 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 AXS address. ChangeHero is the best place to exchange USDT to AXS fast and safe at the best rates.
Frequently asked questions
How long does it take to convert USDT to AXS?
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 USDT to AXS?
No, you do not require an account to swap USDT to AXS on ChangeHero. There will be no registrations for your Tether to Axie Infinity transaction.
Do I need to go through KYC procedures for USDT to AXS exchange?
There will be no KYC for the USDT to AXS 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 AXS to USDT?
Yes, you can instantly exchange AXS to USDT on ChangeHero.
