Swap your EGLD and USDT with the best rates here on SwapSpace
Considering the current state of the EGLD to USDT price chart the conversion rate might go up shortly coming along with the accelerating uptrend of the crypto market. Investors can expect the EGLC to USDT price chart to show some gains and maybe even surpass the previous highest level of the price.
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EGLD / USDT live price chart
Both EGLD 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.
On January 8, 2024, the EGLD to USDT conversion rate stood at approximately 55.53. Over the coming days, this conversion rate notched a slight increase, reaching around 56.21 by January 12. The market dynamics in this period were influenced by a combination of factors, including demand for Elrond (EGLD) and the broader performance of the crypto market. The positive momentum carried the EGLD to USDT exchange ratio to about 58.10 on January 18. However, a short-lived correction on January 22 caused the conversion rate to dip to approximately 56.80, showcasing the inherent volatility in the cryptocurrency space.
By February 16, it had climbed to approximately 59.12, reflecting the growing interest in Elrond. However, a market correction in late February, influenced by Bitcoin's price movements, led to a decline in the EGLD to USDT conversion rate, which reached around 54.87 on February 28. March brought a mix of upward and downward trends for the EGLD to USDT conversion rate, ending the month at approximately 55.91. This period was characterized by a tug-of-war between bullish and bearish sentiments in the broader crypto market.
As April unfolded, the conversion rate stabilized within a relatively narrow range, signaling a period of consolidation and establishment of new market dynamics. On April 30, the EGLD to USDT exchange ratio was approximately 55.32, showing resilience and stability. The subsequent months, including May and June, witnessed continued stability in the conversion rate, fluctuating within a relatively confined range. On July 6, the conversion rate was approximately 54.98, indicating a consistent value compared to the preceding weeks.
How to exchange EGLD and USDT on SwapSpace
On this page, we already put EGLD 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 EGLD 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 EGLD 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 EGLD, 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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