USDT to WAXP conversion chart
Tether to WAX correlation
WAXP and USDT are not correlated to each other as WAXP’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, WAXP and USDT do not share a strong relationship.
USDT Price Change and Market Cap
Currently, USDT price is 12.61 WAXP and the 24-hour change is -5.47%. The market cap of Tether today is $11436709 with a total of 11634516.75 USDT in circulation. In the past 24 hours, USDT price peaked at 13 WAXP and the least price was 12.58 WAXP.
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 WAXP exchange margin
Considering today’s exchange rate, a transaction of 1 USDT to WAXP would result in an output of 12.61 WAXP.
How to convert Tether to WAX
Tether and WAX 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.
WAX is a purpose-built blockchain and protocol token for dApps, marketplaces, and native non-fungible tokens (NFTs). Worldwide Asset eXchange (WAX) is building a decentralized exchange for in-game items from online games. The WAX blockchain uses its native token WAXP for staking and transactions, which was initially sold as an ERC20 token and converted in a 1:1 ratio.
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 WAX price details
USDT to WAXP Conversion Rate and Price
At the moment, the conversion rate for 1 USDT equals to 12.61 WAXP. The 24-hour highest price of Tether in relation to WAX was 13 WAXP and the lowest was 12.58 WAXP. In short, USDT price in relation to WAXP changed by -5.47%.
Instantly Exchange USDT to WAXP
On ChangeHero you can instantly exchange Tether to WAX without registrations. You can easily convert USDT to WAXP in a few clicks without worrying about the rates and fees. ChangeHero offers both Best Rate and Fixed Rate for your USDT to WAXP exchange.
USDT to WAXP Best Rate Exchange
In the the Best Rate exchange of Tether to WAX, we search through various exchanges for the USDT to WAXP pair and find the best rate available in the market. We provide you with an estimation of the amount of WAXP 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 WAXP you receive may vary slightly due to the volatility in the price of the cryptocurrencies which affects the conversion rate of USDT to WAXP.
USDT to WAXP Fixed Rate Conversion
In the the Fixed Rate exchange of Tether to WAX, ChangeHero finds a good rate for the pair USDT to WAXP and fix the rate for up to 15 minutes. In the Best Rate exchange of USDT to WAXP, you will receive the exact amount of WAXP 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 WAXP address. ChangeHero is the best place to exchange USDT to WAXP fast and safe at the best rates.
Frequently asked questions
How long does it take to convert USDT to WAXP?
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 WAXP?
No, you do not require an account to swap USDT to WAXP on ChangeHero. There will be no registrations for your Tether to WAX transaction.
Do I need to go through KYC procedures for USDT to WAXP exchange?
There will be no KYC for the USDT to WAXP 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 WAXP to USDT?
Yes, you can instantly exchange WAXP to USDT on ChangeHero.
