Swap your DOT and USDT with the best rates here on SwapSpace
If you’re looking to exchange DOT 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 DOT/USDT crypto price dynamics, try our cryptocurrency exchange pairs, and exchange your crypto now — no need to even leave this page!
DOT / USDT live price chart
Both DOT 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.
Starting at a conversion rate of 6.8070 on February 6, the rate was indicative of the existing market conditions. As February unfolded, the DOT to USDT conversion rate exhibited a modest upward trend. By February 18, it had climbed to 6.9085, signaling a positive sentiment among Polkadot (DOT) and Tether (USDT) traders. However, a brief correction occurred, and by February 22, the rate dipped to 6.8010, possibly due to profit-taking activities from short-term traders. Yet, this was only a temporary setback, as the rate resumed its upward trajectory in the following days, reaching 7.0111 by February 29.
March witnessed continued growth, propelled by advancements in Polkadot's ecosystem and broader market conditions. On March 14, the DOT to USDT conversion rate peaked at 7.1263, showcasing the increasing confidence in Polkadot. However, the subsequent weeks saw a minor decline, with the rate touching 6.9502 on March 18. Despite this dip, it rebounded swiftly, closing March at 7.2150.
April marked a significant surge in the conversion rate. By April 10, the DOT to USDT exchange ratio stood at 7.4160, highlighting Polkadot's strong performance and growing appeal. However, the landscape shifted on April 15, leading to a notable drop, with the rate falling to 7.0581. This decline persisted, and by April 22, the rate reached 6.8999, potentially influenced by broader market forces. In the subsequent weeks, the conversion rate displayed some attempts at recovery, reaching 7.2371 by April 30.
However, May introduced a new dynamic as Bitcoin embarked on a bull rally. This shift impacted the entire crypto market, causing the DOT to USDT exchange rate to decline sharply. On May 2, DOT traders paid 6.9801 USDT per DOT, highlighting this downward trajectory. The rate continued to fluctuate, displaying both minor gains and losses throughout May, under the overarching influence of Bitcoin's price movements.
By June 6, 2024, the DOT to USDT conversion rate rose, settling at about 7.1440. Market dynamics, investor sentiment, and broader crypto trends likely influenced this correction. This ongoing volatility emphasizes the need for careful analysis and monitoring within the crypto space. On August 5, 2024, the DOT to USDT conversion rate demonstrated a decline, hitting approximately 4.04.
How to exchange DOT and USDT on SwapSpace
On this page, we already put DOT 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 DOT 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 DOT 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 DOT, 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!
