USDT to GNO conversion chart
Tether to Gnosis correlation
GNO and USDT are not correlated to each other as GNO’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, GNO and USDT do not share a strong relationship.
USDT Price Change and Market Cap
Currently, USDT price is 0.008582 GNO and the 24-hour change is 0.27%. The market cap of Tether today is $3848 with a total of 3813.93 USDT in circulation. In the past 24 hours, USDT price peaked at 0.008593 GNO and the least price was 0.008432 GNO.
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 GNO exchange margin
The closing conversion rate for USDT to GNO yesterday was {{LAST}}. Considering today’s exchange rate, a transaction of 1 USDT to GNO would result in an output of 0.008582 GNO.
How to convert Tether to Gnosis
Tether and Gnosis 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.
In 2015, Gnosis was a platform for prediction markets but later its mission expanded to building Ethereum infrastructure. In November 2021, the xDAI and GnosisDAO communities voted to combine their ecosystems to create the Gnosis Chain. GnosisDAO builds decentralized infrastructure for the Ethereum ecosystem on Gnosis Chain, execution-layer EVM chain for stable transactions with the xDAO token. GNO tokens were sold in a 2017 ICO, and are a sole source of the OWL utility token of Gnosis markets.
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 Gnosis price details
USDT to GNO Conversion Rate and Price
At the moment, the conversion rate for 1 USDT equals to 0.008582 GNO. The 24-hour highest price of Tether in relation to GNO was 0.008593 GNO and the lowest was 0.008432 GNO. In short, USDT price in relation to GNO changed by 0.27%.
Instantly Exchange USDT to GNO
On ChangeHero you can instantly exchange Tether to Gnosis without registrations. You can easily convert USDT to GNO in a few clicks without worrying about the rates and fees. ChangeHero offers both Best Rate and Fixed Rate for your USDT to GNO exchange.
USDT to GNO Best Rate Exchange
In the the Best Rate exchange of Tether to Gnosis, we search through various exchanges for the USDT to GNO pair and find the best rate available in the market. We provide you with an estimation of the amount of GNO 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 GNO you receive may vary slightly due to the volatility in the price of the cryptocurrencies which affects the conversion rate of USDT to GNO.
USDT to GNO Fixed Rate Conversion
In the the Fixed Rate exchange of Tether to Gnosis, ChangeHero finds a good rate for the pair USDT to GNO and fix the rate for up to 15 minutes. In the Best Rate exchange of USDT to GNO, you will receive the exact amount of GNO 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 GNO address. ChangeHero is the best place to exchange USDT to GNO fast and safe at the best rates.
Frequently asked questions
How long does it take to convert USDT to GNO?
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 GNO?
No, you do not require an account to swap USDT to GNO on ChangeHero. There will be no registrations for your Tether to Gnosis transaction.
Do I need to go through KYC procedures for USDT to GNO exchange?
There will be no KYC for the USDT to GNO 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 GNO to USDT?
Yes, you can instantly exchange GNO to USDT on ChangeHero.
