How Much Is 1 USDT In Naira: At Dart Africa, the value of 1 USDT is N586.17. This data is from our exchange rate calculator. As we all know USDT prices are pretty stably because they are stable coins pegged to a dollar, however, this can’t be said for other crypto coins like Bitcoin whose price change a lot.
It is considered highly volatile, we have set up a rate calculator that always factors in the change in the prices of different cryptocurrencies to give you the equivalent Naira and Cedis value for your crypto. Check for the price of your crypto coins anytime using the Dart Africa rate calculator.
How Much Is 1 USDT In Naira
Why Choose Dart Africa
Dart Africa is the leading cryptocurrency exchange platform to sell your USDT, Bitcoin, Ethereum and other types of altcoins. We have been able to bridge the gap between what crypto traders expect and what is delivered by the said platform. There are lots of benefits for you to enjoy when you trade with Dart Africa.
We have the highest exchange rate in the market, so maximum profit is guaranteed when you trade with us. You can easily check the current rate for your cryptocurrency using Dart Africa’s rate calculator.
How To Sell Your USDT On Dart Africa
- Sign up on Dart Africa with your correct details.
- Click on the toolbar icon ( three straight vertical lines on the top left corner). You will see this on your account dashboard.
- Click on Sell Coins.
- Select USDT as your preferred coin option in the coin column.
- Enter the volume of USDT you want to sell, and the corresponding USD and Naira amount will be displayed in columns. Note: the minimum dollar price of USDT or any cryptocurrency you can sell is $20.
- Click on sell coins now.
- A wallet address will be provided coupled with a QR code. You can send the USDT amount you selected from the step above by manually inputting the address or by scanning the QR code. You will be credited immediately after payment is confirmed.
Tips For Every Cryptocurrency Investors
1. Disregard the “noise”
Many pessimists in the media and economic sectors may sermonize that cryptocurrency is simply a trend, over-hyped speculation, or sometimes just a pyramid scheme. On the other side of the spectrum, a growing population increasingly adopts the financial liberation and practical applications of crypto assets. Both sides want to be heard and create sometimes unnecessary noise to pass their messages across.
As new inventions keep popping up in the crypto space, this noise level is expected to keep increasing. To be a successful cryptocurrency investor in this space, it is best to just buy and hold what you believe in or what you are interested in while ignoring all the unnecessary noise around you.
2. Expect the unexpected
However, significant volatility does exist in cryptocurrency markets which cannot be disregarded. Experienced cryptocurrency investors have familiarised themselves with huge price swings that you often don’t find in traditional markets. A 10% price swing upward or downward in a single day is not a new phenomenon in the crypto world. By mentally preparing for these unfavorable, and occasionally horrifying, investment performances, a good crypto investor will be able to act rationally amidst the chaos instead of emotionally in times of unexpected price swings.
3. Avoid a poor trade or investment strategy
Beginner cryptocurrency investors make the typical mistake of joining what is known as a “pump and dump” group. Certain twitter communities or Discord space or ‘gurus’ may even promise investment advice regarding a particular coin. You should avoid these types of places at all costs; when newbies go down these roads, they don’t often come back profitable.
The problem is that since derivatives trading is a zero-sum game, there is always a winner, but more importantly a loser. Unless a concrete trading or investment strategy is in place, blindly following a “guru” or a social media expert is the quickest way to lose your money to modern-day snake oil salesmen.
4. Perform your due diligence
In this modern digital age, there is an even path to crypto investing enlightenment, you just have to know when and what to read and learn. Hence, there is no justification to invest with little to no understanding of the underlying crypto asset. Almost every single coin has easily accessible whitepapers online. ( A coin without a white paper should be avoided) And just like having maps in the car, a crypto investor should be equipped with this knowledge.
From the most traded to the most niche, resources such as the All Crypto Whitepapers will help any individual brush up their understanding of potential future investments. If you can’t easily tell how the coin operates and more significantly, generates income, then it would be wise to seek another investment option. From the biggest initial coin offerings (ICOs) to the most niche altcoins, this site will have you covered.