Swapping Polygon for Tether: what you need to know
Exchanging POL for USDT ERC20 locks in the dollar value of your Polygon 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.
POL (formerly MATIC) is the coin of Polygon PoS, an Ethereum-compatible network with fees in cents. USDT ERC20 is the Tether stablecoin on Ethereum, accepted by virtually every exchange and DeFi service.
Why swap POL for USDT ERC20
Moving into USDT ERC20 protects your capital from a drop in POL 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 POL | You receive USDT ERC20 | |
|---|---|---|
| Network | Polygon PoS | Ethereum (ERC20) |
| Address | “0x” + 40 characters | “0x” + 40 characters |
| Network speed | a block comes every 2 seconds | a block comes every 12 seconds |
| Memo / tag | Not needed | Not needed |
What to watch out for
- Send POL on Polygon, not POL as an ERC20 token on Ethereum.
- 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 POL 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 Polygon PoS, a block comes every 2 seconds; on Ethereum (ERC20), a block comes every 12 seconds. The whole POL to USDT ERC20 swap usually takes 5 to 30 minutes once your transfer is confirmed.
Right now ROVEN exchange swaps POL for USDT ERC20 at 1 POL = 0.09954 USDT, with a minimum of 222.222222 POL. Fill in the form above: no sign-up is needed, and you can track the order status online.
