Swapping Dash for Tether: what you need to know
When you want to take profit or preserve the value of Dash, a stablecoin is the easiest place to go. ROVEN exchange swaps DASH for USDT ERC20 at a fixed rate, with no sign-up and no verification.
Dash (DASH) is “digital cash” with masternodes and instant InstantSend payment locking. USDT ERC20 is the Tether stablecoin on Ethereum, accepted by virtually every exchange and DeFi service.
Why swap DASH 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 DASH | You receive USDT ERC20 | |
|---|---|---|
| Network | Dash | Ethereum (ERC20) |
| Address | “X…” or “7…” | “0x” + 40 characters |
| Network speed | InstantSend locks a payment within a couple of seconds | a block comes every 12 seconds |
| Memo / tag | Not needed | Not needed |
What to watch out for
- Send DASH on the Dash network only; CoinJoin isn’t needed for a swap.
- 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 Dash, InstantSend locks a payment within a couple of seconds; on Ethereum (ERC20), a block comes every 12 seconds. The whole DASH to USDT ERC20 swap usually takes 5 to 30 minutes once your transfer is confirmed.
The current rate is 1 DASH = 50.9985 USDT and the minimum amount is 0.377358 DASH. Create an order in the form above, and ROVEN exchange will send swap updates by email or Telegram.
