Exchange ETH - USDT

Ethereum, which came onto the scene in 2015, is the second-largest cryptocurrency by market cap, right behind Bitcoin. But, unlike Bitcoin, Ethereum wasn’t made just to be digital cash. Its creators had a bigger vision: to build a global, decentralized computing platform that uses blockchain’s security and transparency for a wide array of applications. Nowadays, Ethereum is a popular investment and store of value and can also be used to send or receive funds without needing a middleman, just like Bitcoin. 

If you're thinking about mixing up your crypto holdings or want to hedge against market swings, swapping some ETH for USDT could be a smart move. KAURI Crypto Exchange makes this process super easy with its straightforward mobile and desktop wallet. In this guide, we’ll show you how to convert and exchange ETH-USDT using the KAURI Crypto Exchange.

What Are The Steps To Exchange ETH for USDT

Step 1: Download and Set Up KAURI Crypto Wallet

How to exchange ETH to USDT on KAURI? To begin exchanging ETH for USDT, first download the KAURI Crypto Wallet on your mobile device. Head to your app store, search for KAURI Crypto Wallet, and install it. After installation, open the app and follow the simple setup instructions. Be sure to securely back up your wallet’s recovery phrase, as it’s essential for recovering your funds if you ever lose access to your device.

Step 2: Fund Your KAURI Crypto Wallet

To swap ETH for USDT, you'll need some ETH in your KAURI Crypto Wallet. If you don't have any yet, here's how to add it:

1. Open the KAURI Crypto Wallet app and go to your ETH wallet.
2. Tap the "Receive" button to get your ETH wallet address.
3. Copy the address and use it to send ETH from your current wallet or exchange to your KAURI Crypto Wallet.
4. Wait for the transaction to confirm, and your ETH will show up in your KAURI Crypto Wallet.

Step 3: Initiate the Exchange 

Tap "Swap" to begin the exchange process. Enter the amount of ETH you want to convert to USDT in the "From" field. The app will automatically show the estimated amount of USDT you'll receive in the "To" field. Keep an eye on any transaction fees that may apply to the swap.

Step 4: Review and Confirm 

Before completing the swap, take a moment to review all transaction details. Check the exchange rate, transaction fees, and the estimated amount of USDT you'll receive. If everything looks good, tap the "Swap" or "Exchange" button to continue. 

Step 5: Confirm the Transaction 

The app will then ask you to confirm the transaction. You may need to approve this within your KAURI Wallet and potentially authenticate using your wallet's private key or biometric verification, like a fingerprint or facial recognition.

Step 6: Wait for Confirmation

After you've confirmed the transaction, it will be processed on the blockchain. This usually takes just a few minutes, though it might vary depending on network congestion.

Step 7: Verify the Transaction

Once the swap is complete, it's wise to double-check the transaction on the blockchain. You can do this by using a blockchain explorer and searching for your transaction ID.

Congratulations! You've successfully exchanged ETH-USDT using the KAURI Cryptocurrency Exchange. Your USDT balance should now reflect the updated amount.

What is the ETH to USDT exchange rate?

In the past 30 days, Ethereum reached its highest trading value against Tether at 3,920.69 USDT on May 27, 2024, at 16:00 UTC. Its lowest rate during this period was 2,870.36 USDT on May 15, 2024, at 00:00 UTC. This fluctuation suggests a volatility of 11.21% for Ethereum's price in USDT over the last month. You can find more details on volatility levels and ETH to USDT prices for 24-hour, 7-day, and 90-day periods in the table above.

FAQ

What does conversion rate mean?

A conversion rate shows how two currencies compare in the exchange market, like the ETH to USDT conversion rate. It indicates how much of one currency is required to get an equivalent amount of another. These rates are crucial for international trade, travel, and investment as they determine the relative value of different currencies and affect the cost of goods, services, and financial transactions globally.

Can I convert ETH to USDT on KAURI?

Here's a simple process to turn your Ethereum into USDT using KAURI:

1. Input the Amount: Decide how much Ethereum you want to swap for USDT.
2. Access Your Account: Click "Trade Now" to either sign up for a new account or log into your existing one.
3. Complete the Conversion: With just a few clicks, you can smoothly convert your Ethereum into USDT.

Can I swap ETH to USDT?

Converting ETH to USDT is a breeze on KAURI. With just a few simple steps, you can smoothly exchange your Ethereum for USDT or vice versa, making it easy to manage your funds effectively. KAURI Crypto Exchange offers a secure and convenient platform for converting Ethereum to USDT, right from your smartphone.

How do you convert currency to USDT in KAURI?

Here's an easy roadmap to get you started in the crypto world:

1. Sign Up for Your Free Kauri Account: Begin your journey by setting up a new account on Kauri.
2. Link Your Funding Source: Once your account is verified, connect your card or bank account for seamless transactions.
3. Convert Your Currency to USDT: Explore the variety of cryptocurrencies available on Kauri and effortlessly convert them to USDT.