Convert 1 BTC to USDT Bitcoin to Tether Converter

The so-called Terra/Luna crash ended up driving down the price of Bitcoin, and it’s estimated that caused $300 billion in losses across the entire market. Relying on an algorithm rather than cash reserves caused TerraUSD to lose its price peg during a major liquidity crunch in early 2022. UST relied on a sister token called Luna plus a huge reserve of Bitcoin to back its 1-to-1 peg. Traders exploited the algorithm that used Luna to maintain the value of UST in order to make quick profits, and the entire system crashed over a matter of days.

Investors seeking alternatives to Tether can look at other collateralized-based stablecoins, such as USD Coin , Dai and Pax Dollar , to name a few. It’s an ideal choice for liquidity when looking for a way of getting in and out of other cryptocurrency trades. Placing a crypto trade is easy when you’re ready to buy Tether. Just initiate a “buy” transaction using Tether’s ticker symbol—USDT—and the dollar amount you want to purchase. Once the transaction is finalized, you’re now the proud owner of Tether.

Conversiones recientes

Conversion from United States dollar to Tether can be done at current rates as well as at historical rates – to do this, select the desired exchange rate date. Additionally, the currency calculator shows the closing rate of the previous day as well as the highest and lowest rates of the conversion United States dollar – Tether. In addition to the United States dollar – Tether rate, the Markets Insider currency calculator also offers other exchange rates for about 160 international currencies. You have currently selected the base currency Tether and the target currency United States dollar with an amount of 1 Tether.


After giving them my card # for purchase, the next step was ID verification…I could not take a selfie…They billed my card $100 but immediately gave me a $100 credit….Seems to be an honest company. This currency calculator is provided in the hope that it will be useful, but WITHOUT ANY WARRANTY; without even the implied warranty of MERCHANTABILITY or FITNESS FOR A PARTICULAR PURPOSE. We strive to help our readers gain valuable, trusted insights through in-depth analysis, high-quality and well-researched News stories and views from the digital currency community experts. Our young and dynamic team is comprised of well-known journalists as well as Cryptocurrency & Blockchain Experts. However, if you want to buy USDT from an exchange, you may be required to enter some personal information such as your name, surname and date of birth. First prices of Tether date back to May 2016, timestamps are in UTC format.

Just type in the amount of USDT and choose a currency from the dropdown list; you will immediately see an accurate estimate, all using the latest currency rates. The most common way of converting USDT to BTC is by using a Crypto Exchange or a P2P (person-to-person) exchange platform like LocalBitcoins, etc. Tether market price is updated every three minutes and is automatically displayed in BTC. Simply enter the amount of Tether you wish to convert to BTC and the conversion amount automatically populates. You can also use our Prices Calculator Table to calculate how much your currency is worth in other denominations, i.e. .1 USDT, .5 USDT, 1 USDT, 5 USDT, or even 10 USDT. At Amount you can indicate how much Tether you are planning to lend.

A Brief History of Tether

The easiest way to buy 1 US with Tether is to convert USD to USDT on Kraken. In Lebanon, Turkey, Argentina, and Myanmar people have increasingly turned to USD₮ to navigate currency crises and impaired financial infrastructure. Tether’s focus has resulted in real adoption across the world.

One of the most significant benefits of using a Tether-to-PHP converter calculator is its up-to-date exchange rates. Exchange rates do not stay the same but fluctuate now and then. The exchange rate of Tether versus PHP today won’t match the exchange rate of Tether versus PHP next week. Tether price is incredibly volatile since it is heavily influenced by supply and demand. Tether prices are volatile and can fluctuate by more than 10% daily.

You will obtain the average between the costs of the first and second coins. To calculate the average coin price, enter the number of coin units and your coin purchase price for each purchase. One good reason to own a stablecoin such as USDT, Bumbera says, is if you want to keep your money in crypto but want to avoid volatility.

The lowest exchange rate in the last 30 days was 21,430 USDT on UTC. The relative change between the highs and lows in Bitcoin price USDT in the last 30 days indicates a volatility of 4.00%. You can see additional volatility levels and BTC price to USDT data for 24-hour, 7-day, and 90-day periods in the table above. All you have to do is input the amount of cryptocurrency on the left and select the type of currency you want to convert it to on the right. Quickly and easily calculate foreign exchange rates with this free currency converter.

After selecting your exchange, you can make your opening deposit. While Tether is a stablecoin designed not to be as volatile as cryptocurrencies like Bitcoin, your purchase could lose value. Tether’s asset allocation isn’t the only unconventional aspect of its finances. On those dates, Tether has reported significant, abrupt changes to its shareholder equity. To see the latest exchange rate, Bitcoin historical prices, and a comprehensive overview of technical market indicators, head over to the Bitcoin page. Information provided on Forbes Advisor is for educational purposes only.


It is a highly liquid, which means it can be quickly exchanged for other cryptos, such as Bitcoin. It is the most popular stablecoin by far, and it is also the third most popular crypto of any kind, behind only Bitcoin and Ethereum. It does not have the growth potential of these two coins, yet its stability makes it a viable means of payment. is an independent publishing house that provides Cryptocurrency & Blockchain Technology News.

The total settlement for Tether crossed $18.2 Trillion dollars which was more than either Mastercard or Visa. For merchants, integrating Tether tokens opens up an array of opportunities for consumers to purchase products and services. Tether tokens offer exceptional liquidity on tier one exchanges giving traders the ability to take advantage of arbitrage opportunities in the fastest time possible. The total supply of USDT can increase or decrease depending on demand for the token and the actions of Tether Limited, the issuer of Tether. As USDT is pegged to the US dollar, the total supply is typically closely tied to the amount of US dollars held in reserve by Tether Limited to back the issued Tethers.

Why Should You Use A Tether to USD Calculator?

When the crypto market is surging, demand for stablecoins like tether is typically low. Tether’s history of lawsuits has also played a part in reducing demand for the crypto asset. When the New York Attorney General’s office first took legal action against the project, USDT was pushed off its dollar peg by 3%.

  • If you are new to crypto, use the University and our Help Center to learn how to start buying Bitcoin, Ethereum, and other cryptocurrencies.
  • “The idea is that 1 Tether can always be traded for $1, regardless of market conditions,” says Steve Bumbera, the co-founder and lead developer of Many Worlds Token.
  • The crypto market has responded smartly to this by offering a similar banking model, but entirely based on cryptocurrency.
  • The opinions expressed are the author’s alone and have not been provided, approved, or otherwise endorsed by our partners.
  • The price for 10 CORE to USDT today on 25 February 2023 is 27.77.

For cash and bank deposits, I have derived performance by using the federal funds rate, assuming daily compounding interest for 365 days per year. For money market funds and Commercial Paper and Certificates of Deposit, I am using the Vanguard Federal Money Market Fund , including monthly compounding dividends and assuming a static $1 NAV. Note that Tether’s December 31, 2022 attestation listed no assets under the Commercial Paper and Certificates of Deposit category anymore. This is the real-time data fetched from our partnered price aggregators.

Many of Tether’s critics over the years have claimed Tether would never be able to hold a reserve composition such as the one it currently holds. We strive to make lending as safe and transparent as possible, however, it’s important to consider factors that may influence whether a particular lending option is appropriate for you. Look for protocols that have liquid markets and choose protocols that have been audited by reputable auditors for added security.

USDThe US Dollar to Tether rate tells you how much CX1 is needed to buy 1 USD. MUSDHAIUSDTNECCn CoinCodex, you can follow the real-time ZB to O rates and use the interactive charts historical price data to improve your technical analysis of this trading pair. To see the latest exchange rate, Tether historical prices, and a comprehensive overview of technical market indicators, head over to the Tether page. The exchange rate for the Tether was last updated on February 24, 2023 from This currency convertor is up to date with exchange rates from February 24, 2023. We are not a financial advisor and the content on this website is not financial advice.

Latest About Tether

Cryptocurrencies that are not pegged to a real-world asset or currency are subject to market volatility. Most traditional cryptocurrencies like Ethereum and Litecoin will see extreme fluctuations and volatility with the market, inflation and interest rates. TerraUSD is a U.S. dollar stablecoin that sparked a crisis in cryptocurrency markets in 2022. At that time, TerraUSD used an algorithm-based system to maintain its peg to the dollar instead of cash reserves. The collapse of this system is widely cited as one of the main causes of the ongoing crypto winter. A Tether to USD calculator is one of the essential tools you should have as a crypto holder or investor.

At the moment, you are looking at the conversion of 10 CORE when 1 CORE is valued at 2.77 USDT. Since prices change often, it is recommended you come back to this page again to check the updated conversion value again. This trend is determined by the technical indicators on our Bitcoin price prediction page. To determine whether a coin is bearish or bullish, we use technical indicators such as the Relative Strength Index and important simple and exponential moving averages. The price is calculated based on rates on 169 exchanges and is continuously updated every few seconds. With the aid of the Coin Average Calculator, you can determine the average coin price when you buy the same coin more than once.

BTC to USDT Converter Stats — Volatility and changes in Bitcoin price (USDT denominated)

On some dates either Tether never updated its Transparency page or my crawler was unable to obtain the data for that date, in which case this data is left out of the insolvency calculation. Finally, Non-U.S. Treasury Bills are such an insignificant portion of Tether’s self-reported assets (0.1% as of its December 31, 2022 attestation) that I will assume they are statically priced. The trend and price charts for the past week shows that Core CORE has lost -11.31% to Tether USDT and over the past 24 hours, Core CORE has lost -7.07% to Tether USDT.

You can, therefore, promptly assess the amount of PHP you own. You can further use these conversions to calculate how much a USDT investment may cost you in PHP. You can also earn interest on your Tether holdings, just like you would at a bank. Specialty online cryptocurrency savings accounts let you deposit USDT and earn interest rates considerably higher than most online banks. When you own Tether, you can use it to purchase a wide variety of cryptocurrencies. To do so, just find and exchange USDT with the cryptocurrency you want to purchase.

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Many crypto investors use a portion of their USDT assets to generate passive income by using the Dollar Cost Average strategy. Tether is very popular because its value is almost equal to the dollar. This currency is also very popular with borrowers, which means that the interest rates are relatively higher than, for example, the Bitcoin interest rates. Any data, text or other content on this page is provided as general market information and not as investment advice. Past performance is not necessarily an indicator of future results. CoinDesk is an independently managed media company, wholly owned by the Digital Currency Group, which invests in cryptocurrencies and blockchain startups.

It is a type of converter tool that allows you to calculate the value of your Tether in fiat currencies such as PHP. For more information on digital asset risk see FINRA, SEC, and CFPB public advisories. SoFi will apply a markup of up to 1.25% for each crypto transaction. USDThe Bitcoin to Tether rate tells you how much C1INCH is needed to buy 1 BTC. On CoinCodex, you can follow the real-time CHBTCUSDTCBNE to T rates and use the interactive charts historical price data to improve your technical analysis of this trading pair.