Swap USDT (ERC20) to DOT

Paybis Swap is one of the most user-friendly and intuitive platforms on the market that allows users to effectively and directly swap Tether to Polkadot.

Follow the steps below:
 

1. On top of this page enter the amount of Tether (Ethereum) you want to swap for DOT or vice versa.
2. Choose the wallet where you want to receive Polkadot and provide details.
3. Send crypto (USDT on Ethereum chain) to the specified address and wait to receive your swapped asset soon after transaction confirmation.

And that’s how to swap USDT (ERC20) to DOT on Paybis.

Cryptocurrency swapping is the process of exchanging one cryptocurrency for another directly within the platform, without the need to first convert to fiat currency.

Traditionally, to swap Tether on Ethereum chain to Polkadot, you first had to sell USDT for fiat currency and then use that fiat currency to buy DOT.

Now, with Paybis Swap, you can bypass the multiple steps associated with off-ramping and on-ramping, and get the crypto you want from the crypto you already have!
 

While we cannot provide a global answer from an investment perspective, converting Tether ERC20 to Polkadot has some advantages in terms of efficiency and usability.

Rather than having to first off-ramp USDT on Ethereum chain to fiat and then on-ramp DOT, users can do it all in one step. This helps save platform fees, which otherwise would be applied twice.

Further, with Paybis Wallet, the entire experience becomes much more smoother.
 

Yes. Paybis Swap works with any crypto wallet.

You have to ensure that you can send the funds from the crypto wallet and receive another crypto to your wallet. Both wallets can be different ones (applications, one hardware one software, or both different hardware wallets).

If you use Paybis Wallet, swapping crypto becomes even easier as you do not have to send crypto or paste the crypto address manually. Everything happens within your dashboard intuitively!

Note that this is not the same as swapping on a decentralized exchange. We’d argue it is even better!

Swap crypto with Paybis today.