Looking for the best platform to exchange Dogecoin to Tether? HiExchange is all you need. For the past two years, DOGE has been a hot topic of conversation. Despite all the huge growth in short periods of time, Dogecoin remains as a highly volatile crypto asset. In that regard, most investors tend to convert DOGE to Tether USDT in case they’re looking to hold assets for a while. However, it’s not easy to find an anonymous exchange platform that offers low exchange fees. In this article, we will go over everything you need to know on how to exchange Dogecoin to Tether USDT.
So, get started! Head over to HiExchange, select Dogecoin and Tether on the box and you’re good to go.
What Do I Need to Exchange Dogecoin to Tether?
For this exchange, you will need a crypto wallet to receive USDT. Most likely, your Dogecoin 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 Dogecoin (DOGE)?
Dogecoin started off as somewhat of a joke, but it developed a following after it was created. By the end of 2017, Dogecoin was a part of the cryptocurrency bubble that sent up the prices of several coins dramatically. Dogecoin lost much of its value after the bubble burst in 2018, but it still has a core of supporters who trade it and use it to tip Twitter and Reddit content.
Dogecoin (DOGE) is an open-source, peer-to-peer cryptocurrency. It is called an altcoin and as mentioned, many believe it is an almost sarcastic meme coin. Although it was seemingly developed as a joke, the blockchain of Dogecoin still has value. It derives its underlying technology from Litecoin. The low price and infinite supply of Dogecoin are noteworthy features of this cryptocurrency, which uses a scrypt algorithm.
You can read more about What is Dogecoin at our article fully dedicated to this Cryptocurrency in case you need to do your research about this coin.
Why Exchange Dogecoin to Tether?
At this point, it’s good to briefly introduce Tether. 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.
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 Dogecoin to Tether?
- Enter the Homepage on HiExchange. Select Dogecoin (DOGE) 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 DOGE 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.
When you finish the steps above, our team will process your order and send the Tether USDT 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.