USDT to GLM conversion chart
Tether to Golem correlation
GLM and USDT are not correlated to each other as GLM’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, GLM and USDT do not share a strong relationship.
USDT Price Change and Market Cap
Currently, USDT price is 3.953 GLM and the 24-hour change is 1.80%. The market cap of Tether today is $376794 with a total of 382241.05 USDT in circulation. In the past 24 hours, USDT price peaked at 4.062 GLM and the least price was 3.942 GLM.
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 GLM exchange margin
Considering today’s exchange rate, a transaction of 1 USDT to GLM would result in an output of 3.953 GLM.
How to convert Tether to Golem
Tether and Golem 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.
On April 28th 2016 the Golem Project was announced, led by Golem Factory. The network launched on mainnet on April 10, 2018. The Golem Network is a decentralized computation network, a new way of distributing redundant computing power to those who are in need of it, on-demand. It creates a peer-to-peer network where users join on an equal basis to buy and sell computation, splitting up complicated tasks into smaller subtasks in the network. In Golem there’s no central authority and no user is more or less important than another. GNT or Golem Network Token is needed to pay for computations on the network and is the currency that drives our marketplace. As a Requestor, you set a bid for an amount of GNT you are willing to pay to have your task completed. As a Provider, you earn GNT by computing tasks for Requestors. You can set your minimum and maximum price thresholds in your settings.
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 Golem price details
USDT to GLM Conversion Rate and Price
At the moment, the conversion rate for 1 USDT equals to 3.953 GLM. The 24-hour highest price of Tether in relation to Golem was 4.062 GLM and the lowest was 3.942 GLM. In short, USDT price in relation to GLM changed by 1.80%.
Instantly Exchange USDT to GLM
On ChangeHero you can instantly exchange Tether to Golem without registrations. You can easily convert USDT to GLM in a few clicks without worrying about the rates and fees. ChangeHero offers both Best Rate and Fixed Rate for your USDT to GLM exchange.
USDT to GLM Best Rate Exchange
In the the Best Rate exchange of Tether to Golem, we search through various exchanges for the USDT to GLM pair and find the best rate available in the market. We provide you with an estimation of the amount of GLM 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 GLM you receive may vary slightly due to the volatility in the price of the cryptocurrencies which affects the conversion rate of USDT to GLM.
USDT to GLM Fixed Rate Conversion
In the the Fixed Rate exchange of Tether to Golem, ChangeHero finds a good rate for the pair USDT to GLM and fix the rate for up to 15 minutes. In the Best Rate exchange of USDT to GLM, you will receive the exact amount of GLM 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 GLM address. ChangeHero is the best place to exchange USDT to GLM fast and safe at the best rates.
Frequently asked questions
How long does it take to convert USDT to GLM?
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 GLM?
No, you do not require an account to swap USDT to GLM on ChangeHero. There will be no registrations for your Tether to Golem transaction.
Do I need to go through KYC procedures for USDT to GLM exchange?
There will be no KYC for the USDT to GLM 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 GLM to USDT?
Yes, you can instantly exchange GLM to USDT on ChangeHero.
