This guide provides step-by-step instructions on selling USDT (Tether) for fiat currency, understanding USDT payments, and trading cryptocurrencies securely.
Selling USDT: Step-by-Step Process
Transfer Funds
- Move USDT from your "Coin Assets" to the "Fiat Account" within your exchange platform.
Navigate to Fiat Trading
- Click on "Fiat Trading" in the top menu.
Sell USDT
- Select "Sell — USDT" to view available buy orders. Choose an offer based on price and payment method.
Confirm Order
- Enter the amount of USDT to sell (or select "All"), then submit the order.
Wait for Payment
- The buyer will transfer funds to your designated account. Use the chat feature for communication if needed.
Release USDT
- Once payment is received, click "Confirm Receipt" to complete the transaction.
👉 Best platforms to trade USDT
Using USDT for Payments
- Merchant Transactions: Select "Buy USDT" on supported platforms to purchase Tether for payments.
- Peer-to-Peer (P2P): Directly transfer USDT to another wallet by scanning a QR code or entering wallet details.
Key Reminder: Always verify USDT news and market trends before transactions to avoid volatility risks.
Buying/Selling Cryptocurrencies
- Choose a Platform (e.g., Huobi).
- Deposit Funds: Convert fiat to USDT via "Fiat Trading."
- Trade: Swap USDT for other cryptocurrencies (e.g., BTC, ETH) in the "Spot Trading" section.
FAQs
Q1: Is USDT stable?
Yes, USDT is pegged 1:1 to the USD, backed by Tether’s reserves.
Q2: How long does a USDT sale take?
Typically 5–30 minutes, depending on buyer payment speed.
Q3: Can I cancel a sell order?
Only if the buyer hasn’t paid. Contact support for assistance.
👉 Secure your USDT transactions today
Key Takeaways
- Use reputable exchanges for liquidity and security.
- Monitor exchange rates to maximize profit.
- Store USDT in hardware wallets for long-term holdings.
For further queries, consult your platform’s help center.