USDT to ATOM conversion chart
Tether to Cosmos correlation
ATOM and USDT are not correlated to each other as ATOM’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, ATOM and USDT do not share a strong relationship.
USDT Price Change and Market Cap
Currently, USDT price is 0.07082 ATOM and the 24-hour change is 4.39%. The market cap of Tether today is $1836573 with a total of 1787074.6 USDT in circulation. In the past 24 hours, USDT price peaked at 0.07087 ATOM and the least price was 0.06775 ATOM.
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 ATOM exchange margin
Considering today’s exchange rate, a transaction of 1 USDT to ATOM would result in an output of 0.07082 ATOM.
How to convert Tether to Cosmos
Tether and Cosmos 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.
Cosmos network was founded in 2014 by Jae Kwon and Ethan Buchman with the aims to build the “Internet of Blockchains”. The Cosmos Hub, a proof-of-stake blockchain, is at the core of the network and enables interoperability between zones (independent blockchains on the Cosmos network). The Interchain Foundation (ICF) issued ATOM, the native cryptocurrency of the Cosmos Hub, through an ICO in 2017. One of the main use cases of ATOM is staking to secure the network and earn rewards. It also gives voting rights in the governance of the network.
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 Cosmos price details
USDT to ATOM Conversion Rate and Price
At the moment, the conversion rate for 1 USDT equals to 0.07082 ATOM. The 24-hour highest price of Tether in relation to Cosmos was 0.07087 ATOM and the lowest was 0.06775 ATOM. In short, USDT price in relation to ATOM changed by 4.39%.
Instantly Exchange USDT to ATOM
On ChangeHero you can instantly exchange Tether to Cosmos without registrations. You can easily convert USDT to ATOM in a few clicks without worrying about the rates and fees. ChangeHero offers both Best Rate and Fixed Rate for your USDT to ATOM exchange.
USDT to ATOM Best Rate Exchange
In the the Best Rate exchange of Tether to Cosmos, we search through various exchanges for the USDT to ATOM pair and find the best rate available in the market. We provide you with an estimation of the amount of ATOM 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 ATOM you receive may vary slightly due to the volatility in the price of the cryptocurrencies which affects the conversion rate of USDT to ATOM.
USDT to ATOM Fixed Rate Conversion
In the the Fixed Rate exchange of Tether to Cosmos, ChangeHero finds a good rate for the pair USDT to ATOM and fix the rate for up to 15 minutes. In the Best Rate exchange of USDT to ATOM, you will receive the exact amount of ATOM 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 ATOM address. ChangeHero is the best place to exchange USDT to ATOM fast and safe at the best rates.
Frequently asked questions
How long does it take to convert USDT to ATOM?
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 ATOM?
No, you do not require an account to swap USDT to ATOM on ChangeHero. There will be no registrations for your Tether to Cosmos transaction.
Do I need to go through KYC procedures for USDT to ATOM exchange?
There will be no KYC for the USDT to ATOM 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 ATOM to USDT?
Yes, you can instantly exchange ATOM to USDT on ChangeHero.
