Swapping Litecoin for Tether: what you need to know
When you want to take profit or preserve the value of Litecoin, a stablecoin is the easiest place to go. ROVEN exchange swaps LTC for USDT BEP20 at a fixed rate, with no sign-up and no verification.
Litecoin (LTC) is one of the oldest Bitcoin forks, with blocks four times faster and low fees. USDT BEP20 is the Tether stablecoin on BNB Smart Chain, with fast and cheap transfers.
Why swap LTC for USDT BEP20
A stablecoin holds its dollar value, so USDT BEP20 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 LTC | You receive USDT BEP20 | |
|---|---|---|
| Network | Litecoin | BNB Smart Chain (BEP20) |
| Address | “ltc1…”, “L…” or “M…” | “0x” + 40 characters |
| Network speed | a block comes roughly every 2.5 minutes | a block comes every few seconds |
| Memo / tag | Not needed | Not needed |
What to watch out for
- Send LTC on the Litecoin network only and allow time for confirmations.
- Make sure your wallet or exchange accepts USDT on BEP20 specifically.
- 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 Litecoin, a block comes roughly every 2.5 minutes; on BNB Smart Chain (BEP20), a block comes every few seconds. The whole LTC to USDT BEP20 swap usually takes 5 to 30 minutes once your transfer is confirmed.
The current rate is 1 LTC = 57.9915 USDT and the minimum amount is 0.25 LTC. Create an order in the form above, and ROVEN exchange will send swap updates by email or Telegram.
