Converting Stellar (XLM) 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 XLM for Tether, with specific attention to network fees and security.
Quick Snapshot: XLM to USDT
- Asset Type: Payment (Fast and cheap cross-border payments.)
- Volatility Risk: High vs Stable (USDT)
- Key Warning: Requires a Memo ID for exchange deposits.
Method 1: Centralized Exchanges (Binance/Bybit)
The most liquid market for XLM/USDT is usually on major CEXs.
- Deposit XLM to your exchange wallet.
- Go to ‘Spot Trading’ and search for the pair XLM/USDT.
- Select ‘Market Order’ for instant execution or ‘Limit Order’ to set your price.
- Click Sell XLM. You now hold USDT.
Method 2: Decentralized Swap (DEX)
If you hold XLM 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.
