DOT to USDT conversion chart
Polkadot to Tether correlation
DOT and USDT are not correlated to each other as DOT’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, DOT and USDT do not share a strong relationship.
DOT Price Change and Market Cap
At the moment, DOT price is 6.494 USDT and it changed by -2.17% in the last 24 hours. Polkadot has a total market capitalization of $29434225 today. 30184997.97 DOT is in circulation. The 24-hour highest price of DOT was 6.745 USDT and the lowest was 6.477 USDT.
Polkadot price prediction
DOT balances were unlocked in a planned update on August 18, 2020. DOT started right in the top-10 but it wasn't until January 2021, that the Bitcoin rally finally helped it take off the ground. On November 4, 2021, it reached its current ATH: $55.
Polkadot price prediction 2022 is slightly more consistent with higher support at $46 and lower targets at $103. Not all experts agree that DOT will reach $100 even by 2025 but those who do are in the majority. Speculations about DOT in 2030 promise enormous growth of up to 4,000%.
Polkadot Wallets
Looking for a wallet?
We handpicked some of the best for you. In Trezor, Coolwallet S, and Exodus you can store Polkadot, track live DOT prices and also swap it through ChangeHero without leaving your wallet application.
DOT to USDT exchange margin
The closing conversion rate for DOT to USDT yesterday was {{LAST}}. Considering today’s exchange rate, a transaction of 1 DOT to USDT would result in an output of 6.494 USDT.
How to convert Polkadot to Tether
Polkadot and Tether comparison
Polkadot is a keystone Web 3.0 protocol designed for blockchain interoperability. It unites independent blockchains into a system in which they can interact with each other. More than that, on Polkadot data of any type can travel between and on blockchains. Polkadot itself is a sharding blockchain which allows for creation of parachains. Parachains are individual sub-chains of the network, which are customisable, can be adjusted for specific use cases and have their own tokens. The native token of the network uses the ticker DOT and is used in governance and parachain auctions.
USDT is a stable coin 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.
What is Polkadot?
Polkadot is a keystone Web 3.0 protocol designed for blockchain interoperability. It unites independent blockchains into a system in which they can interact with each other. More than that, on Polkadot data of any type can travel between and on blockchains. Polkadot itself is a sharding blockchain which allows for creation of parachains.
Parachains are individual sub-chains of the network, which are customisable, can be adjusted for specific use cases and have their own tokens. The native token of the network uses the ticker DOT and is used in governance and parachain auctions.
Polkadot to Tether price details
DOT to USDT Conversion Rate and Price
Currently, the conversion rate for 1 DOT equals to 6.494 USDT. The 24-hour highest price of Polkadot in relation to USDT was 6.745 USDT and the lowest was 6.477 USDT. In short, DOT price in relation to USDT changed by -2.17%.
Instantly Exchange DOT to USDT
On ChangeHero you can instantly exchange Polkadot to Tether without signup. You can easily convert DOT to USDT in a few clicks without worrying about the rates and fees. ChangeHero offers both Best Rate and Fixed Rate for your DOT to USDT exchange.
DOT to USDT Best Rate Exchange
For the the Best Rate exchange of Polkadot to Tether, we search through various exchanges for the DOT to USDT pair and find the best rate available in the market. We provide you with an estimation of the amount of USDT you will receive.
As soon as you accept the terms and the DOT is deposited, the exchange will be automatically processed. We remind you that the final amount of USDT you receive may vary slightly due to the volatility in the price of the cryptocurrencies which affects the conversion rate of DOT to USDT.
DOT to USDT Fixed Rate Conversion
For the the Fixed Rate exchange of Polkadot to Tether, ChangeHero finds a good rate for the pair DOT to USDT and fix the rate for up to 15 minutes. In the Best Rate exchange of DOT to USDT, you will receive the exact amount of USDT 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 mentioned USDT address. ChangeHero is the best place to exchange DOT to USDT fast and safe at the best rates.
Frequently asked questions
How long does it take to convert DOT to USDT?
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 DOT to USDT?
No, you do not require an account to swap DOT to USDT on ChangeHero. There will be no registrations for your Polkadot to Tether transaction.
Do I need to go through KYC procedures for DOT to USDT exchange?
There will be no KYC for the DOT to USDT 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 USDT to DOT?
Yes, you can instantly exchange USDT to DOT on ChangeHero.