HiExchange is the ultimate platform to exchange Ethereum to Tether USDT instantly! Exchanging crypto assets into one another is a seemingly simple task. However, finding a platform that offers the best exchange rates and anonymity at the same time is no easy feat. With all the strict user verification out there, user privacy is slowly losing its value. Fortunately, our platform provides a hassle-free KYC process that speeds up your exchange process and massively improves security. On top of that, we offer 24/7 online support to ensure the utmost reliability for our customers. In this article, we will go over everything you need to know on how to exchange Ethereum to Tether USDT on HiExchange.
So get started, head over to HiExchange, select Ethereum ETH on the left box, and Tether USDT on the right one and you’re good to go!
What Do I Need to Exchange Ethereum to Tether USDT?
For this exchange, you will need a crypto wallet to receive USDT. In case your Ether wallet supports ETH, 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 Ethereum (ETH)?
As an open-source decentralized blockchain platform, Ethereum is perhaps the most diverse and innovative one out there. In its essence, it is a decentralized public ledger for verifying and recording transactions. The Ethereum is considered as a second-gen blockchain platform, improving upon the high gas fees, scalability issues and high transactions fees of previous platforms. This open-source platform has no geographical restrictions and has always been the tip of the spear as far as innovation goes. Essential services such as Smart contracts, NFT`s and decentralized apps were first introduced on the Ethereum platform. As for the cherry on top, the native token of the Ethereum platform called Ether or ETH is second in terms of market value standing only behind Bitcoin.
With the Ethereum 2.0 launch in August 2022, the network totally switched to proof of stake. With that, Ethereum network will have much better scalability and very low gas fees. On top of that, all the criticism regarding energy consumption will go away. Many consider the 2.0 upgrade as a great investment opportunity since ETH is very much likely to have a rally. Nonetheless, Ethereum is the second most popular cryptocurrency in the world for good reason. Their team has always been on the forefront of innovation which could potentially attract capital and provide great returns.
Why Exchange Ethereum 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.
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 Ethereum to Tether USDT?
- Enter the Homepage on HiExchange. Select Ethereum 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 Ethereum 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 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.