Swapping Cardano for Tether: what you need to know
When you want to take profit or preserve the value of Cardano, a stablecoin is the easiest place to go. ROVEN exchange swaps ADA for USDT ERC20 at a fixed rate, with no sign-up and no verification.
Cardano (ADA) is a blockchain with a research-driven approach and staking that doesn’t lock your coins. USDT ERC20 is the Tether stablecoin on Ethereum, accepted by virtually every exchange and DeFi service.
Why swap ADA for USDT ERC20
A stablecoin holds its dollar value, so USDT ERC20 is a convenient place to lock in profit, pay counterparties and sit out volatility. USDT is convenient for settlements, storage and moving funds between platforms.
Networks and addresses
| You send ADA | You receive USDT ERC20 | |
|---|---|---|
| Network | Cardano | Ethereum (ERC20) |
| Address | “addr1…” | “0x” + 40 characters |
| Network speed | a block comes roughly every 20 seconds | a block comes every 12 seconds |
| Memo / tag | Not needed | Not needed |
What to watch out for
- Delegated ADA can be sent right away: staking on Cardano doesn’t lock coins.
- USDT ERC20 arrives at a “0x…” address; to send it on later you’ll need a little ETH.
- Send the exact amount from the order and do it within 30 minutes, while the locked rate is valid.
How long the swap takes
Swap speed depends on both networks. On Cardano, a block comes roughly every 20 seconds; on Ethereum (ERC20), a block comes every 12 seconds. The whole ADA to USDT ERC20 swap usually takes 5 to 30 minutes once your transfer is confirmed.
The current rate is 1 ADA = 0.20517 USDT and the minimum amount is 100 ADA. Create an order in the form above, and ROVEN exchange will send swap updates by email or Telegram.
