Swapping Tether for Cosmos Hub: what you need to know
If you hold USDT TRC20 and want Cosmos Hub, you don’t need an exchange account. At ROVEN exchange the swap takes a few minutes: you see the final amount in advance, and an operator checks every order by hand.
USDT TRC20 is the most popular version of the Tether stablecoin, issued on the low-fee Tron network. Cosmos (ATOM) is the coin of the Cosmos Hub, the centre of an ecosystem of interconnected blockchains.
Why swap USDT TRC20 for ATOM
A stablecoin is a handy way to hold dollars, but to benefit from market growth or use the Cosmos Hub network you need ATOM itself. With ATOM you get access to the apps, staking and tokens of the Cosmos Hub network.
Networks and addresses
| You send USDT TRC20 | You receive ATOM | |
|---|---|---|
| Network | Tron (TRC20) | Cosmos Hub |
| Address | “T” + 33 characters | “cosmos1…” |
| Network speed | a block comes every 3 seconds | a block comes every 6 seconds |
| Memo / tag | Not needed | Only for an exchange address |
What to watch out for
- Send USDT on TRC20 specifically: USDT from other networks won’t be credited to this address.
- The address must start with “cosmos1”, not the prefix of another Cosmos network.
- If you’re receiving ATOM to an exchange address, be sure to enter that exchange’s memo.
- To send USDT your wallet needs some TRX to pay the network fee.
- 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 Tron (TRC20), a block comes every 3 seconds; on Cosmos Hub, a block comes every 6 seconds. The whole USDT TRC20 to ATOM swap usually takes 5 to 30 minutes once your transfer is confirmed.
The current rate is 1 USDT = 0.679612 ATOM and the minimum amount is 20 USDT. Create an order in the form above, and ROVEN exchange will send swap updates by email or Telegram.
