Tether (USDT) is one of the most widely swapped cryptocurrencies in the market. Crypto traders sometimes exchange or swap crypto assets for USDT to cut losses, take profit, or wait for another token to reach a specific price because it’s a “stablecoin” that mirrors the value of the U.S. dollar.
On the other hand, individuals who hold USDT sometimes swap them for another token when there’s an earning opportunity or when another token is more convenient to use for a specific transaction (e.g. if a merchant only accepts crypto payments in Bitcoin).
Sign up on Ka.app to swap USDT quickly.
What Is USDT Swap?
A USDT swap refers to the process of directly exchanging or converting your USDT coins for another token. This process is more convenient and is also much cheaper than exchanging a token using trading pairs or going over the counter.
How Does USDT Swapping Work?
The entire process of swapping USDT may vary depending on the medium you will use. For instance, with a centralized exchange, you may need to swap using a trading pair, which may require you to bid for prices and may also expose you to extreme price fluctuations. Meanwhile, you can also use a decentralized exchange, which, although provides more swapping options, may require higher swap fees or may take the transaction several minutes to a few hours to complete.
Or you can sign up on Ka.app, a crypto payment app, which contains swap features that allow users to easily and quickly swap USDT and other tokens for minimal conversion fees.
How to Swap USDT for Other Coins on Ka.app
There are two ways to swap USDT for another token in Ka.app:
1. Easy Swap Engine
Easy Swap Engine plays a huge part in global cryptocurrency adoption. It allows you to customise or filter the cryptocurrencies you receive by automatically converting the payments sent to you to your preferred currency.
That being the case, if a friend wants to pay you in USDT but you want to build your KASTA token portfolio, you can enable the Easy Swap Engine and set it up to quickly receive USDT payments (or all other payments) in KASTA. The step-by-step guide is as follows:
- Log in to your Ka.app account.
- Enter the verification code sent to your mobile number.
- Once you’re on the home page, search for the settings icon and click.
- The drawer will open. Choose “Easy Swap.”
- Tick “Enable Easy Swap.”
- Click Tether or USDT on the first dropdown.
- On the next dropdown, choose the currency you want to receive (e.g., KASTA) when someone sends you USDT.
2. Swap Button
Ka.app has a swap button that enables users to directly convert a specific token for its equivalent value in another currency on their own. Therefore, if you have €30 worth of USDT and you want to swap them all into Bitcoin, you can easily and quickly do so by doing the following steps:
- Log in to your Ka.app account.
- Enter the verification code sent to your mobile number.
- Once you’re on the home page, scroll down a little and choose Tether or USDT from the list of assets.
- Click the “Swap” button.
- Choose the currency you want to swap with your USDT.
- Enter the amount or simply choose the percentage (10%, 25%, 50%, or 100%) of USDT coins you’d like to convert.
- Enter your Ka.app pin code to confirm the transaction.
How Much Does it Cost to Make a USDT Swap?
The cost of a USDT swap or any other crypto swap varies in Ka.app depending on several things: (a) which token you’d like to swap with your USDT, (b) the value or number of tokens you’d like to swap, and (c) if you have locked up KASTA tokens in the app or not.
To elaborate on the latter, users who lock up KASTA tokens in the app get into tiers that offer exclusive privileges, such as much lower conversion fees in Ka.app.
How Long Does it Take to Swap USDT on Ka.app?
In just a few seconds. Ka.app uses advanced technology that enables users to deposit, withdraw, swap, receive, and send Bitcoin quickly, along with other tokens, in Ka.app. To sign up for an account, click here.
Are There Swapping Limits on Ka.app?
None. You can swap any amount of USDT any time you want.
Which Tokens Are Available on Ka.app?
As of writing, Ka.app accepts USDT, BTC, ETH, USDC, BNB, BUSD, DOT, MATIC, ADA, and KASTA. European Economic Area (EEA) users can also use euros in the app.
Do You Have Customer Support on Ka.app?
Yes. The app is built with live chat support. Please reach out in case you have questions, concerns, or issues regarding the app or a transaction.
