Looking for the best platform to exchange Cardano (ADA) to Tether? HiExchange is all you need. Cardano is one of the top cryptocurrencies by market cap and has a pretty strong community of investors. Today, it’s hard to find an online exchanger that doesn’t have ADA on their supported currency list. Despite that, it is still difficult to find a platform that offers the lowest exchange rates and full anonymity. Fortunately, you can instantly exchange Cardano (ADA) to Tether without compromising on anything! In this article, we will go over everything you need to know on how to convert ADA to USDT.
So, head over to HiExchange, choose Cardano (ADA) on the left field and Tether (USDT) on the right one and start your exchange.
What Do I Need to Exchange Cardano (ADA) to Tether USDT?
For this exchange, you will need a crypto wallet to receive USDT. Most likely, your Cardano wallet supports USDT, so you can also receive funds in the same wallet. Make sure that you are using a reliable crypto wallet to hold your assets. On the other hand, for HiExchange platform, all you need is an email address. HiExchange does not require KYC (know your customer) or sign up. However, there are benefits and rewards for those who sign up on HiExchange. How do you like winning $100 gifts ever single month?
What is Cardano (ADA)?
The Cardano project launched in 2017. It was the third generation of blockchain networks. One that successfully dealt with some of the greatest challenges of previous generations. Issues such as high gas fees and scalability by introducing the Ouroboros, a proof of stake algorithm to mine blocks which will be further explained in the article.
In 2017, the Cardano project started as a third-gen open-source and public blockchain platform. ADA is the native token of the platform. It is Led by Charles Hoskinson, one of the co-founders of Ethereum. Cardano had a great emphasis on being future-proof by being peer-reviewed and methodically developed by academic experts in the field. Cardano views itself as the updated version of Ethereum. Moving towards building a connected and decentralized system and providing banking services to the unbanked.
ADA is the native token of the network. Currently, ADA stands in 7th place in the ranks with a market cap of 13.5 billion USD.
To learn everything about Cardano and ADA continue reading “What is ADA?”
Why Exchange Cardano (ADA) to Tether (USDT)?
Before reading about how to exchange Ethereum to Tether USDT, let’s take a quick look at what Tether is and how it operates. Tether is a cryptocurrency based on blockchain whose crypto coins in use are backed by an equivalent amount of traditional fiat currencies, such as the Dollar, Euro, or Japanese Yen that is retained in a specific bank account. The Tether tokens, the Tether network’s native tokens, trade under the USDT symbol.
In contrast to the wide swings observed in the prices of other popular cryptocurrencies such as Bitcoin and Ethereum, Tether belongs to a new race of cryptocurrencies called stablecoins that aims to keep cryptocurrency valuations stable. Instead of being used as a means of speculative investment, this would allow Tether to be used as a medium of exchange and a mode of storage of value.
Tether was specifically developed to create the necessary bridge between fiat currencies and cryptocurrencies, providing users with stability, transparency, and minimum transaction fees. It is pegged against the US dollar and, in terms of value, maintains a 1-to-1 ratio with USD. There is, however, no guarantee provided by Tether Ltd. for any right to redeem or exchange real money for Tethers, i.e. Tethers cannot be exchanged for U.S. Dollars.
HiExchange for the Win!
Say goodbye to the hassle of searching for the perfect online exchange. HiExchange is here to offer you everything you need and more. With a combination of anonymity, unbeatable exchange rates, and reliability, it’s a platform like no other.
At HiExchange, your privacy is our top priority. We understand the importance of keeping personal information safe, and that’s why we don’t require it from our customers. With no KYC or sign-up required, you can trade confidently and securely.
Looking for the best exchange rates? HiExchange is right there for you. Our platform uses an automated system to ensure that you always get the best value for your trades. Don’t just take our word for it, visit ranking websites like BestChange and OkChanger and see for yourself.
We believe in being proactive and keeping ahead of any potential problems. That’s why we offer 24/7 customer support. No matter the issue, our team is always here to help. So go ahead, make your trades with peace of mind knowing that HiExchange has got your back.
How to Exchange Cardano (ADA) to Tether?
- Enter the Homepage on HiExchange. Select Cardano on the left field and Tether USDT on the right one. Enter the exchange amount and wait for the rates to apply.
- Click on Exchange and you will be forwarded to the next step where you will need to enter your USDT wallet address, email, and phone number (optional).
- Click on “Exchange” one more time as you go to the next page to review your order.
- At this point, you will obtain your Tracking ID, an address and an explorer URL.
- On this step, please dedicate some time to review our terms and conditions and the instructions.
- Transfer your ADA to the HiExchange wallet address that is provided for you. Then, make sure to upload a screenshot of the payment.
- Finally, click on the “I’ve paid” button.
All Good!
When you finish the steps above, our team will process your order and send the Tether to your wallet address. The transaction may take a few minutes. In the meantime, you will have a track id to follow up on your order. Simply enter the main page and type in your track id in the specified field to see your live order status. Keep in mind that your track id is private information and you should not share it with anyone else.
