Swapping Litecoin for Tether: what you need to know
Exchanging LTC for USDT ERC20 locks in the dollar value of your Litecoin 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.
Litecoin (LTC) is one of the oldest Bitcoin forks, with blocks four times faster and low fees. USDT ERC20 is the Tether stablecoin on Ethereum, accepted by virtually every exchange and DeFi service.
Why swap LTC for USDT ERC20
Moving into USDT ERC20 protects your capital from a drop in LTC 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 LTC | You receive USDT ERC20 | |
|---|---|---|
| Network | Litecoin | Ethereum (ERC20) |
| Address | “ltc1…”, “L…” or “M…” | “0x” + 40 characters |
| Network speed | a block comes roughly every 2.5 minutes | a block comes every 12 seconds |
| Memo / tag | Not needed | Not needed |
What to watch out for
- Send LTC on the Litecoin network only and allow time for confirmations.
- USDT ERC20 arrives at a “0x…” address; to send it on later you’ll need a little ETH.
- The rate is locked for 30 minutes: send LTC 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 Litecoin, a block comes roughly every 2.5 minutes; on Ethereum (ERC20), a block comes every 12 seconds. The whole LTC to USDT ERC20 swap usually takes 5 to 30 minutes once your transfer is confirmed.
Right now ROVEN exchange swaps LTC for USDT ERC20 at 1 LTC = 58.0125 USDT, with a minimum of 0.25 LTC. Fill in the form above: no sign-up is needed, and you can track the order status online.
