USDT to ENS conversion chart
Tether to Ethereum Name System correlation
ENS and USDT are not correlated to each other as ENS’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, ENS and USDT do not share a strong relationship.
USDT Price Change and Market Cap
Currently, USDT price is 0.06739 ENS and the 24-hour change is 2.78%. The market cap of Tether today is $1008637 with a total of 974695.19 USDT in circulation. In the past 24 hours, USDT price peaked at 0.06766 ENS and the least price was 0.06349 ENS.
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 ENS exchange margin
Considering today’s exchange rate, a transaction of 1 USDT to ENS would result in an output of 0.06739 ENS.
How to convert Tether to Ethereum Name System
Tether and Ethereum Name System 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.
Ethereum Name Service (ENS) is a distributed, open, and extensible naming system based on the Ethereum blockchain. ENS converts human-readable Ethereum addresses like john.eth into the machine-readable alphanumeric codes you know from wallets like Metamask. The reverse conversion — associating metadata and machine-readable addresses with human-readable Ethereum addresses — is also possible. The goal of Ethereum Name Service is to make the Ethereum-based web easier to access and comprehend for humans - similar to how the Internet’s Domain Name Service makes the internet more accessible. Like DNS, ENS also uses a system of dot-separated hierarchical names called domains with domain owners fully controlling their subdomains.
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 Ethereum Name System price details
USDT to ENS Conversion Rate and Price
At the moment, the conversion rate for 1 USDT equals to 0.06739 ENS. The 24-hour highest price of Tether in relation to Ethereum Name System was 0.06766 ENS and the lowest was 0.06349 ENS. In short, USDT price in relation to ENS changed by 2.78%.
Instantly Exchange USDT to ENS
On ChangeHero you can instantly exchange Tether to Ethereum Name System without registrations. You can easily convert USDT to ENS in a few clicks without worrying about the rates and fees. ChangeHero offers both Best Rate and Fixed Rate for your USDT to ENS exchange.
USDT to ENS Best Rate Exchange
In the the Best Rate exchange of Tether to Ethereum Name System, we search through various exchanges for the USDT to ENS pair and find the best rate available in the market. We provide you with an estimation of the amount of ENS 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 ENS you receive may vary slightly due to the volatility in the price of the cryptocurrencies which affects the conversion rate of USDT to ENS.
USDT to ENS Fixed Rate Conversion
In the the Fixed Rate exchange of Tether to Ethereum Name System, ChangeHero finds a good rate for the pair USDT to ENS and fix the rate for up to 15 minutes. In the Best Rate exchange of USDT to ENS, you will receive the exact amount of ENS 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 ENS address. ChangeHero is the best place to exchange USDT to ENS fast and safe at the best rates.
Frequently asked questions
How long does it take to convert USDT to ENS?
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 ENS?
No, you do not require an account to swap USDT to ENS on ChangeHero. There will be no registrations for your Tether to Ethereum Name System transaction.
Do I need to go through KYC procedures for USDT to ENS exchange?
There will be no KYC for the USDT to ENS 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 ENS to USDT?
Yes, you can instantly exchange ENS to USDT on ChangeHero.
