Converting Chainlink (LINK) to USDT is a common move for traders looking to lock in profits or hedge against volatility. This guide explains the fastest and cheapest ways to swap LINK for Tether, with specific attention to network fees and security.
Quick Snapshot: LINK to USDT
- Asset Type: Oracle (Connecting smart contracts to real world.)
- Volatility Risk: High vs Stable (USDT)
- Key Warning: ERC20 token, keep some ETH for gas.
Method 1: Centralized Exchanges (Binance/Bybit)
The most liquid market for LINK/USDT is usually on major CEXs.
- Deposit LINK to your exchange wallet.
- Go to ‘Spot Trading’ and search for the pair LINK/USDT.
- Select ‘Market Order’ for instant execution or ‘Limit Order’ to set your price.
- Click Sell LINK. You now hold USDT.
Method 2: Decentralized Swap (DEX)
If you hold LINK in a private wallet (like MetaMask or Trust Wallet), you can swap without KYC.
- For ERC20 tokens: Use Uniswap (Requires ETH for gas).
- For BEP20 tokens: Use PancakeSwap (Requires BNB for gas).
- For Solana tokens: Use Jupiter or Raydium (Requires SOL).
Fee Comparison
| Method | Exchange Fee | Network Fee |
|---|---|---|
| CEX (Binance) | 0.1% | Deposit fee varies |
| DEX (Uniswap) | 0.3% | Gas ($2-$50) |
| Swap Services (Changelly) | 0.5% – 2% | Included in spread |
Conclusion
If you are moving large amounts, stick to CEXs for deep liquidity. For smaller, private swaps, a DEX is preferable, but watch out for gas fees.
