Tether to Illuvium correlation
ILV and USDT are not correlated to each other as ILV’s value depends on the supply and demand. Whereas, USDT is a stable coin which is backed by traditional fiats like the dollar and the euro. USDT’s value remains the same, which is $1 regardless of the market conditions. Hence, ILV and USDT do not share a strong relationship.
USDT Price Change and Market Cap
Currently, USDT price is 0$ and the 24-hour change is 0.00%. The market cap of Tether today is $0 with a total of 0 USDT in circulation. In the past 24 hours, USDT price peaked at 0$ and the least price was 0$.
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. $1 regardless of the market conditions. Technically, in any given time USDT price will be stable, even in the long run. USDT is a safe choice to enter or exit the market and avoid market volatility.
USDT to ILV exchange margin
Considering today’s exchange rate, a transaction of 1 USDT to ILV would result in an output of 0$.
How to convert Tether to Illuvium
Tether and Illuvium comparison
USDT is a stablecoin which 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 $1. Tether is used to minimize the volatility risks of crypto and also function as a bridge between the crypto and fiat currency.
Illuvium (ILV) is an Ethereum-based token that powers the Illuvium ecosystem, a decentralized autonomous organization (DAO) focused on blockchain-based gaming. ILV token holders can participate in governance decisions and earn rewards by staking their tokens. The token has utility within the Illuvium gaming platform and represents ownership in the Illuvium metaverse.
What is Tether?
Tether belongs to a new group of cryptocurrencies called Stablecoins. Unlike most cryptocurrencies, Tether is backed by assets or fiat currency. For instance, USDT is pegged against the US dollar at a proportion of 1:1. This backing from a fiat currency results in its less volatile nature and stability in the price. Tether was launched initially with the name RealCoin which was later rebranded as Tether and started trading in 2014. Tether was built to bridge the gap between the fiat currencies and blockchain. It is aimed at everyday transactions.
USDT was first issued on the Bitcoin blockchain through the Omni Protocol. Currently, Tether is available on various blockchains such as Etheruem, Tron, EOS and Algorand. Tether offers stable, transparent and secure transactions worldwide with a minimal transaction fee to the users. Tether Ltd., oversees the development of USDT and publishes the details of the reserves that back the value of USDT. Tether is backed not only by the US Dollars but also by Euro and Chinese Yuan.
Tether to Illuvium price details
USDT to ILV Conversion Rate and Price
Currently, the conversion rate for 1 USDT equals to 0$. The 24-hour highest price of Tether in relation to ILV was 0$ and the lowest was 0$. In short, USDT price in relation to ILV changed by 0.00%.
Instantly Exchange USDT to ILV
On ChangeHero you can instantly exchange Tether to Illuvium without signup. You can easily convert USDT to ILV in a few clicks without worrying about the rates and fees. ChangeHero offers both Best Rate and Fixed Rate for your USDT to ILV exchange.
USDT to ILV Best Rate Exchange
In the the Best Rate exchange of Tether to Illuvium, we search through various exchanges for the USDT to ILV pair and find the best rate available in the market. We provide you with an estimation of the amount of ILV 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 ILV you receive may vary slightly due to the volatility in the price of the cryptocurrencies which affects the conversion rate of USDT to ILV.
USDT to ILV Fixed Rate Conversion
In the the Fixed Rate exchange of Tether to Illuvium, ChangeHero finds a good rate for the pair USDT to ILV and fix the rate for up to 15 minutes. In the Best Rate exchange of USDT to ILV, you will receive the exact amount of ILV 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 ILV address. ChangeHero is the best place to exchange USDT to ILV fast and safe at the best rates.
Frequently asked questions
How long does it take to convert USDT to ILV?
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 ILV?
No, you do not require an account to swap USDT to ILV on ChangeHero. There will be no registrations for your Tether to Illuvium transaction.
Do I need to go through KYC procedures for USDT to ILV exchange?
There will be no KYC for the USDT to ILV 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 ILV to USDT?
Yes, you can instantly exchange ILV to USDT on ChangeHero.
