ETC to USDT conversion chart
Ethereum Classic to Tether correlation
ETC and USDT are not correlated to each other as ETC'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, ETC and USDT do not share a strong relationship.
Live ETC Price Change and Market Cap
Currently, the ETC price is 22.13 USDT. According to the Ethereum Classic price chart, the 24-hour change is -3.19%. The total market capitalization of Ethereum Classic is $19742924 with 20013707.33 ETC in circulation. In the previous 24 hours, the Ethereum Classic price hit highs of 22.68 USDT and lows of 22.07 USDT.
Ethereum Classic Price Prediction
Though Ethereum Classic came into existence as a result of the Ethereum fork in 2016, it has a special place in the crypto community due to the principles followed by the team. 2017 marked the beginning of a bull run which continued throughout the year. During this period, Ethereum Classic price rose from a dollar to $47.77, an all-time high. Correction took place in the next two years and the price retreated to $4 by the end of 2019. Ethereum Classic Price touched double digits in February 2020 but the bears were quick to hit the market and resulted in a price drop to $4 in March. By mid-2020 Ethereum Classic price was just above $6.
A bullish prediction suggests that Ethereum Classic price will be $95 by 2025. Another analysis predicts that ETC price will be just around $10 at the same time. Speaking of 2030, it is too early to predict as the project is still in its early stages. Nevertheless, technological developments and an increase in the usage of smart contracts will lead to an increase in the value of Ethereum Classic.
Ethereum Classic Wallets
Still confused about which wallet to pick?
We recommend Trezor, CoolWallet S, Exodus and Magnum wallet. Each of them has peculiarities and serve different purposes. In all of these wallets, you can store Ethereum Classic, monitor live ETC prices and also exchange it from ChangeHero without leaving the application.
ETC to USDT exchange margin
The closing conversion rate for ETC to USDT yesterday was {{LAST}}. Considering today’s exchange rate, a transaction of 1 ETC to USDT would result in an output of 22.13 USDT.
How to convert Ethereum Classic to Tether
Ethereum Classic and Tether comparison
Ethereum Classic came into existence after the infamous DAO hack in the Ethereum Network. The team behind Ethereum Classic believes in the “Code is Law” principle and preserves the immutability of the Blockchain. The platform is capable of developing smart contracts and decentralized applications.
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 Ethereum Classic?
Ethereum Classic is an open-source, decentralized blockchain that was split from Ethereum. Ethereum Classic is capable of handling smart contracts and Dapps. The origins of Ethereum Classic can be traced back to 2016 when Ethereum initiated the Decentralized Autonomous Organization (DAO), a venture capital fund that was supposed to fund Dapps. A hacker identified a loophole in its code and attacked the chain which resulted in a loss of $50 million. The community proposed a hard fork to restore the lost funds and adopt new rules. A few of them were against the hard fork as it contradicts the immutable nature of the blockchain.
Despite the divide in opinion, the chain was forked and big names like Vitalik Buterin and Gavin Wood migrated to the new chain. The new chain overtook the name Ethereum and ticker ETH. People who opposed the fork stayed with the old chain and renamed the chain to Ethereum Classic with the ticker ETC. It is the only event where a split took place based on philosophical values. Ethereum Classic abides by the “Code is Law” principle and till today did not alter the way the platform works.
Ethereum Classic to Tether price details
ETC to USDT Conversion Rate and Price
Currently, the conversion rate for 1 ETC equals to 22.13 USDT. The 24-hour highest price of Ethereum Classic in relation to USDT was 22.68 USDT and the lowest was 22.07 USDT. In short, ETC price in relation to USDT changed by -3.19%.
Instantly Exchange ETC to USDT
On ChangeHero you can instantly exchange Ethereum Classic to Tether without signup. You can easily convert ETC to USDT in a few clicks without worrying about the rates and fees. ChangeHero offers both the Best Rate and Fixed Rate for your ETC to USDT exchange.
ETC to USDT Best Rate Exchange
In the Best Rate exchange of Ethereum Classic to Tether, we search through various exchanges for the ETC 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 ETC 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 ETC to USDT.
ETC to USDT Fixed Rate Conversion
In the Fixed Rate exchange of Ethereum Classic to Tether, ChangeHero finds a good rate for the pair ETC to USDT and fix the rate for up to 15 minutes. In the Best Rate exchange of ETC 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 ETC to USDT fast and safe at the best rates.
Frequently asked questions
How long does it take to convert ETC 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 ETC to USDT?
No, you do not require an account to swap ETC to USDT on ChangeHero. There will be no registrations for your Ethereum Classic to Tether transaction.
Do I need to go through KYC procedures for ETC to USDT exchange?
There will be no KYC for the ETC 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 ETC?
Yes, you can instantly exchange USDT to ETC on ChangeHero.
