Converting Uniswap (UNI) 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 UNI for Tether, with specific attention to network fees and security.
Quick Snapshot: UNI to USDT
- Asset Type: DeFi (Governance token for Uniswap DEX.)
- Volatility Risk: High vs Stable (USDT)
- Key Warning: Swap directly on Uniswap app for best rates.
Method 1: Centralized Exchanges (Binance/Bybit)
The most liquid market for UNI/USDT is usually on major CEXs.
- Deposit UNI to your exchange wallet.
- Go to ‘Spot Trading’ and search for the pair UNI/USDT.
- Select ‘Market Order’ for instant execution or ‘Limit Order’ to set your price.
- Click Sell UNI. You now hold USDT.
Method 2: Decentralized Swap (DEX)
If you hold UNI 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.
