Swapping Zcash for Tether: what you need to know
Exchanging ZEC for USDT ERC20 locks in the dollar value of your Zcash 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.
Zcash (ZEC) is a cryptocurrency with optional privacy based on zero-knowledge proofs. USDT ERC20 is the Tether stablecoin on Ethereum, accepted by virtually every exchange and DeFi service.
Why swap ZEC for USDT ERC20
Moving into USDT ERC20 protects your capital from a drop in ZEC 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 ZEC | You receive USDT ERC20 | |
|---|---|---|
| Network | Zcash | Ethereum (ERC20) |
| Address | “t1…” or “t3…” | “0x” + 40 characters |
| Network speed | a block comes roughly every 75 seconds | a block comes every 12 seconds |
| Memo / tag | Not needed | Not needed |
What to watch out for
- Send ZEC from a transparent address, or move it out of the shielded pool in advance.
- 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 ZEC 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 Zcash, a block comes roughly every 75 seconds; on Ethereum (ERC20), a block comes every 12 seconds. The whole ZEC to USDT ERC20 swap usually takes 5 to 30 minutes once your transfer is confirmed.
Right now ROVEN exchange swaps ZEC for USDT ERC20 at 1 ZEC = 1 295.91 USDT, with a minimum of 0.015385 ZEC. Fill in the form above: no sign-up is needed, and you can track the order status online.
