![]() ![]() They are incredibly high and confusing.įor instance, the platform charges a crypto conversion fee from 0.5% to 2%. For instance, US traders can withdraw their funds to debit/credit cards, bank and PayPal accounts. The platform offers withdrawal methods depending on the user's region. Once sold, the balance would be added to the investor's Cash balance on Coinbase. The next step is to tap on 'Sell USDT', fill out the quantity to be sold and initiate the transaction. Then head to the Portfolio operator, and select 'Tether USDT' – which would bring up the USDT page and a plethora of options. Users need to add their payment methods first. The fees for third-party platform transfers also depend on the selected network and the network's transaction volume. For instance, an ERC-20 USDT should not be transferred to a BEP-20 network as the funds would be lost forever. When exploring this option, crypto traders must take note of the network their stablecoin is pegged to, as Binance supports multiple blockchain networks. Users can also trade USDT in exchange for another digital asset or transfer their Tether USDT to a third-party wallet. The second option is the crypto withdrawal option. Binance charges $15 for bank transfers for SWIFT and Signet for USD withdrawals. Then, a fiat withdrawal can be executed to a designated bank account. With the fiat function, users can easily swap their USDT stablecoin with the BUSD variant using the ‘Convert’ button. Investors can sell Tether for fiat or crypto using the "Binance Convert" feature. The platform allows users to sell Tether anytime and anywhere without any holdups. Launched in 2017, Binance is the largest cryptocurrency trading hub with deep liquidity. Binance - Exchange With Low Fees To Sell USDTīinance is the best platform to sell Tether. Below, we review reputable platforms where investors can sell Tether into USD.ġ. As a result, several top exchanges offer direct support for the fiat-backed crypto asset. Tether commands the largest share in the fast-growing stablecoin market. One of the best places to sell USDT that has low fees, multiple payment methods, and a P2P platform is Binance. These providers allow USDT holders to sell their tokens via different payment channels such as bank account transfers, card payments, and even connections to e-wallet solutions like PayPal and Apple Pay. The most common place to convert USDT into cash is using a leading crypto exchange or peer-to-peer (P2P) platform. ![]() The stablecoin Tether (USDT) is readily sold on cryptocurrency exchanges into other digital assets or fiat currency. Enter the amount of Tether to convert into USD and hit the sell button. Select USDT as the crypto to sell and USD as the currency to receive. Navigate to the Buy Crypto menu and click on 'Sell'. Decide on how to receive US Dollars or another fiat currency such as via a bank transfer, SWIFT, or a bank card. Deposit Tether.Copy the wallet address for USDT and transfer it to the Binance wallet.Verify ID.Upload a copy of a driver’s license and complete the face verification process to unlock all of Binance's features.Verify both and insert a unique password. Create an account with a low-fee crypto exchange such as Binance using an email address and mobile number. Here's a quick summary of how to sell USDT:
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