OTC Service

OTС (Over-the-Counter) service is designed for Waves.Exchange users to swap USDT to USDN (and vice versa). The service works via the smart contract (opens new window) and allows to swap 10k or more at 1:1 rate at any time. Please note that USDN to USDT swaps imply OTС fee.

You can access OTC service by navigating to Trading > OTC (opens new window) tab.

Or you can access OTC service from USDN staking (opens new window) page.

Swap USDT to USDN

On the OTC Service page select USDT to USDN swap direction.

Note: Waves.Exchange OTC service allows to swap not less than 10,000 USDT to USDN at a time.

Enter the amount of USDT that you want to swap to USDN in the I send field.

Click Swap USDT to USDN via Smart Contract to continue.

You can review the status of your transactions on the Wallet > Internal Transactions (opens new window) tab. Read more about transactions tabs.

Swap USDN to USDT

On the OTC Service page select USDN to USDT swap direction.

Note: Waves.Exchange OTC service allows to swap not less than 10,000 USDN to USDT at a time. The total swap amount can not be more than the amount that you have previously swapped to USDN with Waves.Exchange OTC.

Enter the amount of USDN that you want to swap to USDT in the I send field.

Click Swap USDN to USDT via Smart Contract to continue.

To avoid market destabilization your USDT will be locked on the smart contract for 1460 blocks (~24 hours). You will be able to track your swap operations status on the OTC service page. Once your USDT are unlocked, you will be able to get the tokens by clicking Get USDT.

You can review the status of your transactions on the Wallet > Internal Transactions (opens new window) tab. Read more about transactions tabs.

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See more articles in the Token Management chapter.

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