ATOM → USDT ERC20: swap details at ROVEN exchange
Exchanging ATOM for USDT ERC20 locks in the dollar value of your Cosmos Hub and takes price swings out of the picture. At ROVEN exchange you receive USDT straight to your own wallet at a rate known in advance.
Cosmos (ATOM) is the coin of the Cosmos Hub, the centre of an ecosystem of interconnected blockchains. USDT ERC20 is the Tether stablecoin on Ethereum, accepted by virtually every exchange and DeFi service.
Why swap ATOM for USDT ERC20
Moving into USDT ERC20 protects your capital from a drop in ATOM and makes settlements simpler: dollar amounts are clear to everyone involved. USDT is convenient for settlements, storage and moving funds between platforms.
Networks and addresses
| You send ATOM | You receive USDT ERC20 | |
|---|---|---|
| Network | Cosmos Hub | Ethereum (ERC20) |
| Address | “cosmos1…” | “0x” + 40 characters |
| Network speed | a block comes every 6 seconds | a block comes every 12 seconds |
| Memo / tag | Required, from the order | Not needed |
What to watch out for
- When sending ATOM, paste the memo from the order; staked coins take 21 days to unbond.
- USDT ERC20 arrives at a “0x…” address; to send it on later you’ll need a little ETH.
- When sending ATOM, include the memo from the order, or the payment will have to be traced manually.
- The rate is locked for 30 minutes: send ATOM within that time and you’ll receive exactly the amount shown in the order.
How long the swap takes
Swap speed depends on both networks. On Cosmos Hub, a block comes every 6 seconds; on Ethereum (ERC20), a block comes every 12 seconds. The whole ATOM to USDT ERC20 swap usually takes 5 to 30 minutes once your transfer is confirmed.
Right now ROVEN exchange swaps ATOM for USDT ERC20 at 1 ATOM = 1.5897 USDT, with a minimum of 12.5 ATOM. Fill in the form above: no sign-up is needed, and you can track the order status online.
