Swap your BNB and USDT with the best rates here on SwapSpace
The conversion rate experienced moderate recovery in October, driven by easing macroeconomic fears, but softened in November due to increased competition among Layer-1 platforms and macro-level market pressures.
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BNB / USDT live price chart
Both BNB 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.
The BNB to USDT conversion rate has shown notable fluctuations over the past six months, reflecting broader market trends and events influencing Binance Coin (BNB) and Tether (USDT):
- June 2024: Price of BNB in USDT: $237.80
- July 2024: Price of BNB in USDT: $245.60
- August 2024: Price of BNB in USDT: $230.75
During the summer months, BNB saw an increase in July, attributed to optimism following Binance's announcements of ecosystem upgrades. However, in August, it declined due to heightened regulatory scrutiny and market uncertainty. Transitioning into the fall, the conversion rate dynamics became clearer.
- September 2024: Price of BNB in USDT: $215.00
- October 2024: Price of BNB in USDT: $223.45
- November 2024: Price of BNB in USDT: $218.30
Average Price of BNB in USDT: $228.15
The conversion rate experienced moderate recovery in October, driven by easing macroeconomic fears, but softened in November due to increased competition among Layer-1 platforms and macro-level market pressures.
Newsworthy events include Binance's continued expansion in Europe and partnerships enhancing Binance Coin's utility. Market participants interested in BNB to USDT swaps or monitoring BNB / USDT price trends can leverage platforms like Binance or CoinGecko for up-to-date rates and exchange services.
How to exchange BNB and USDT on SwapSpace
On this page, we already put BNB 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 BNB 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 BNB 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 BNB, 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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