XTZ to USDT conversion chart
Tezos to Tether correlation
XTZ and USDT are not correlated to each other as XTZ’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, XTZ and USDT do not share a strong relationship.
XTZ Price Change and Market Cap
Currently, XTZ price is 1.144 USDT and the 24-hour change is -3.62%. The market cap of Tezos today is $3455817 with a total of 3511286.98 XTZ in circulation. In the past 24 hours, XTZ price peaked at 1.182 USDT and the lowest price was 1.137 USDT.
Tezos price prediction
Tezos is one of the few cryptocurrencies which created a buzz in its early days. In 2017, XTZ had one of the biggest ICOs ever and bagged over $200 Million from the investors. Tezos price saw many ups and downs in 2020, Tezos price at the beginning of the year was just above a dollar. XTZ price took off over the next 45 days and reached a peak of $3.78 on February 20. With COVID-19 and economic unrest, Tezos price fluctuated dramatically and by the end of June, XTZ price was around $2.61.
Analyses show that by 2025 Tezos price is expected to grow further and is likely to be traded in double digits in the range of $14 to $20. This is very much plausible in the event of more Dapps and developments in the network. We have also heard that by 2030 Tezos price will be over a grand, sounds too good to be true and too early to predict.
Tezos Wallets
Looking for a wallet?
We handpicked some of the best for you. In Trezor, Coolwallet S, and Exodus you can store Tezos, track live XTZ prices and also swap it through ChangeHero without leaving your wallet application.
XTZ to USDT exchange margin
Considering today’s exchange rate, a transaction of 1 XTZ to USDT would result in an output of 1.144 USDT.
How to convert Tezos to Tether
Tezos and Tether comparison
Tezos is a cryptocurrency developed by the duo Arthur and Kathleen Breitmans and launched it through an ICO in 2017. Tezos aims to deliver a true digital commonwealth on Blockchain and was coded from scratch. The key focus of the project is on smart contracts and dApps. Besides, Tezos is a self-amended blockchain and uses the Liquid Proof-of-Stake mechanism, the process of staking is called Baking. Tez is the native token of the Tezos platform and trades with the ticker XTZ.
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 Tezos?
Tezos is a decentralized blockchain for building Dapps and smart contracts. Tezos is initiated by the husband and wife duo Arthur Breitman and Kathleen Breitman in 2014. It took over three years for the project to have an ICO, but the wait is worth as Tezos raised $232 million, making it one of the biggest ICOs ever. At a first glance, Tezos appears to be similar to Ethereum but you may be mistaken. if you believe so. Tezos has several distinctive features such as Self-amendment, On-chain governance and Baking (Staking Tezos) that sets it apart from the rest.
Tezos is coded from scratch and did not adopt any code from other blockchains. Tez is the native cryptocurrency of the network and goes with the ticker XTZ. Tezos uses Liquid Proof-of-Stake consensus algorithm and the process of staking is called as Baking. On-chain governance is employed to avoid any forks in the chain and developers can submit proposals to update the chain in which stakeholders vote to decide. With zk-SNARKS and Tendermint in the roadmap, the future of Tezos looks promising.
Tezos to Tether price details
XTZ to USDT Conversion Rate and Price
Currently, the conversion rate for 1 XTZ equals to 1.144 USDT. The 24-hour highest price of Tezos in relation to USDT was 1.182 USDT and the lowest was 1.137 USDT. In short, XTZ price in relation to USDT changed by -3.62%.
Instantly Exchange XTZ to USDT
On ChangeHero you can instantly exchange Tezos to Tether without signup. You can easily convert XTZ to USDT in a few clicks without worrying about the rates and fees. ChangeHero offers both Best Rate and Fixed Rate for your XTZ to USDT exchange.
XTZ to USDT Best Rate Exchange
In the the Best Rate exchange of Tezos to Tether, we search through various exchanges for the XTZ 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 XTZ 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 XTZ to USDT.
XTZ to USDT Fixed Rate Conversion
In the the Fixed Rate exchange of Tezos to Tether, ChangeHero finds a good rate for the pair XTZ to USDT and fix the rate for up to 15 minutes. In the Best Rate exchange of XTZ 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 XTZ to USDT fast and safe at the best rates.
Frequently asked questions
How long does it take to convert XTZ 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 XTZ to USDT?
No, you do not require an account to swap XTZ to USDT on ChangeHero. There will be no registrations for your Tezos to Tether transaction.
Do I need to go through KYC procedures for XTZ to USDT exchange?
There will be no KYC for the XTZ 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 XTZ?
Yes, you can instantly exchange USDT to XTZ on ChangeHero.
Buy and sell Tether
Are you looking to buy Tether? Now, on ChangeHero you can buy Tether with credit or debit card. Also, you can see your cryptocurrency on ChangeHero to US Dollars and Euro. Give it a try.
