Looking for an easy way to exchange Litecoin to Tether with full anonymity? HiExchange is all you need. Litecoin is one of the oldest altcoins in the crypto space and has strong group of loyal investors. In terms of utility, a vast number of online platforms support LTC transactions as payment. With that, investors can not only hold LTC for investment, but they can also use it for payments. However, if you want to stay safe from volatility, you will need to exchange LTC. For that, it’s not easy to find an exchange platform that offers low exchange fees and privacy simultaneously. Fortunately, we will introduce the ultimate OTC exchange platform in this article and provide a step-by-step guide on how to exchange Litecoin to Tether.
So get started, head over to HiExchange, select Litecoin and Tether and you’re good to go.
What Do I Need to Exchange Litecoin to Tether?
For this exchange, you will need a crypto wallet to receive USDT. Most likely, your Litecoin 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 Litecoin (LTC)?
Litecoin was one of the earliest Bitcoin spinoffs back in 2011. Generally speaking, Litecoin bears resemblance to Bitcoin in many ways. It is essentially a global payment network that is autonomous and open-source. The decentralized network does not allow a central authority to take control over the payments. LTC is the native currency of this network which is the medium for all transactions within the network. Litecoin utilizes a proof of work (POW) blockchain network meaning that there are active miners working for it.
So far, it looks to be Another Bitcoin impersonator. However, the LTC network uses a different cryptographic algorithm called scrypt. Furthermore, it provides much faster block generation speeds and subsequently much better scalability.
As of April 2023, LTC is 12th cryptocurrency in the ranks with a market cap of over $6.5 billion. To learn everything about the network and its cryptocurrency continue reading “What is Litecoin?”
Why Exchange Litecoin 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 Litecoin to Tether?
- Enter the Homepage on HiExchange. Select Litecoin (LTC) 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 LTC 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.
You’re all Set!
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.