USDT to GMT conversion chart
Tether to STEPN correlation
GMT and USDT are not correlated to each other as GMT’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, GMT and USDT do not share a strong relationship.
USDT Price Change and Market Cap
Currently, USDT price is 1.976 GMT and the 24-hour change is 2.22%. The market cap of Tether today is $18244435 with a total of 17858104.15 USDT in circulation. In the past 24 hours, USDT price peaked at 1.978 GMT and the least price was 1.908 GMT.
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 GMT exchange margin
Considering today’s exchange rate, a transaction of 1 USDT to GMT would result in an output of 1.976 GMT.
How to convert Tether to STEPN
Tether and STEPN 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.
Web3 app STEPN takes the Play-to-Earn premise a step (pun intended) further. They take the real-world progress of users and combine it with their in-app experience. STEPN uses a dual-token economy: there are GST tokens, which have an unlimited supply and are the rewards for user’s activities. The other token is GMT, which is used in governance and has a total supply of six billion GMT. GMT can also be earned through in-game means but all of them are classified as premium. Therefore, it is a more scarce resource and is often viewed as a way of investing in STEPN.
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 STEPN price details
USDT to GMT Conversion Rate and Price
At the moment, the conversion rate for 1 USDT equals to 1.976 GMT. The 24-hour highest price of Tether in relation to STEPN was 1.978 GMT and the lowest was 1.908 GMT. In short, USDT price in relation to GMT changed by 2.22%.
Instantly Exchange USDT to GMT
On ChangeHero you can instantly exchange Tether to STEPN without registrations. You can easily convert USDT to GMT in a few clicks without worrying about the rates and fees. ChangeHero offers both Best Rate and Fixed Rate for your USDT to GMT exchange.
USDT to GMT Best Rate Exchange
In the the Best Rate exchange of Tether to STEPN, we search through various exchanges for the USDT to GMT pair and find the best rate available in the market. We provide you with an estimation of the amount of GMT 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 GMT you receive may vary slightly due to the volatility in the price of the cryptocurrencies which affects the conversion rate of USDT to GMT.
USDT to GMT Fixed Rate Conversion
In the the Fixed Rate exchange of Tether to STEPN, ChangeHero finds a good rate for the pair USDT to GMT and fix the rate for up to 15 minutes. In the Best Rate exchange of USDT to GMT, you will receive the exact amount of GMT 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 GMT address. ChangeHero is the best place to exchange USDT to GMT fast and safe at the best rates.
Frequently asked questions
How long does it take to convert USDT to GMT?
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 GMT?
No, you do not require an account to swap USDT to GMT on ChangeHero. There will be no registrations for your Tether to STEPN transaction.
Do I need to go through KYC procedures for USDT to GMT exchange?
There will be no KYC for the USDT to GMT 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 GMT to USDT?
Yes, you can instantly exchange GMT to USDT on ChangeHero.
