Swap your ALGO and USDT with the best rates here on SwapSpace
If you’re looking to exchange ALGO to USDT coins, you came to the right place! Our mission here at SwapSpace is to provide you with a number of exchange options from our partners, so that you can compare the offers and choose the best crypto exchange for you needs. On this page, you can read more about your coins, look at ALGO/USDT crypto price dynamics, try our cryptocurrency exchange pairs, and exchange your crypto now — no need to even leave this page!
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ALGO / USDT live price chart
Both ALGO price and USDT price are quite volatile. You can see the history of price changes in the cryptocurrency price chart below to help you make the best decision while considering exchanging your crypto.
Compared to most of the assets on the crypto market, the Algo token has been showing a pretty stable course since the beginning of March 2022. From the middle till the end of the month ALGO to USDT exchange rate grew by 30% and reached 0.94. The Algo/USDT trading pair price chart stayed stable for the next 6 days and then dropped to 0.77 on April 7.
Till the end of the month, the Algo token was maintaining this price level without significant drops and rises, but the Algo to USDT conversion rate was slightly declining and reached 0.67 by April 29.
Following the crash of the prices of the major crypto assets Algo token also lost some value to USDT at the beginning of May. After trading at the level of 0.58 USDT, the Algo token went up, showing some nice gains in the first week of May. Even though it couldn’t resist the overall downtrend and on May 10 to swap Algo with USDT users had to pay only 0.38. The price chart then recovered to the level of 0.48 and continued, bouncing between 0.48 and 0.43 during the next week.
On May 19 the Algo to USDT conversion rate dropped to 0.43 and continued to decline as the Algorand token followed the bearish tendencies of the crypto market. By May 29 Algo token price in USDT was 0.36. At the beginning of June, it slightly rose to 0.4 but went down to 0.29 with the new market drop.
How to exchange ALGO and USDT on SwapSpace
On this page, we already put ALGO in the “You send” and USDT in the “You get” section in the exchange window below — so you should just enter the amount you want to exchange. Next, press the ”View offers” button and select the exchange service that you like the most. Choose either fixed or floating exchange rate, as we at SwapSpace provide you with options for either of them!
Fill in the “Provide the recipient address” field with the destination USDT address and provide the refund address for your ALGO if you want. If your preferred wallet is Trezor, you can press the button to connect a wallet and simplify the exchange process (more on that — in our FAQ). Check the information carefully and click the “Next” button.
Using the wallet of your choice, send your ALGO to the address you see on the screen. You can use the QR code to speed up the process. You can also press the “Connect Wallet” button, which will give you options to connect your Metamask wallet, Trezor, or use WalletConnect (more on using those options — in our FAQ). As soon as our partner gets your ALGO, the exchange will continue.
At this stage, you need just to wait until you get your coins in the wallet. Check the Swap Tracker if you want to know the exchange status, and feel free to contact the support if it seems like something is going wrong. That’s it!
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