Bitcoin Forum

Hi , based on your experience what is the cheapest way to turn usd or eur to usdt trc20 ? bank transfer / online wallets / p2p

Hey, for a safe transaction better to try using "Binance'

You also can deposit EUR via SEPA, just following these steep for deposit process using SEPA : https://www.binance.com/en/support/faq/aa1b35e6110c46d7b3ae2f0cd18c9152 after you successfully deposit EUR then just trade them to crypto you want.

It depends on the country you reside in, you need to first understand the cryptocurrency rules and regulations used by the government of your country and local but local exchange or p2p are the cheapest to turn fiat currency into a stablecoin. However, if Binance supports your country you can make use of the p2p exchange.

I you live in country that has 0 support from big exchanges try using cex.io or crypterium card. I use both and work for me without any problems. There are some fees but still better like that then not having a option like that.

each exchange has it's own transaction fees, they charge these fees on each trade and withdraw, if you are searching the cheapest way, then just compare these fees on different exchanges:

https://www.cryptofeesaver.com/exchanges/fees/coins/tether

For me, OKEx is the best option with the withdrawal fee amount of $2, but maybe someone can find a cheaper option.

Binance itself a cheaper option for converting EUR to USDT but if you want to convert USD then you need to register in the Binance US both are completely different domains and one is especially for US based users. p2p can be an alternative when you want to buy a small amount but for a huge amount then you should avoid the risk of doing p2p even it is on the reputational platform.

1.
Buy Tron coin on any of the exchanges
https://tron.network/trx?lng=en

Swap Throne on TUSD
https://justswap.io/#/home
Commissions are very small

2.
https://www.bestchange.com/visa-mastercard-usd-to-tron.html
https://www.bestchange.com/visa-mastercard-euro-to-tron.html

then swap..

In order to reduce risks, I do not recommend changing large amounts at a time, it is better to divide payments for amounts of 200-500 dollars

https://help.ftx.com/hc/en-us/articles/360042050452-Depositing-Withdrawing-Fiat-

It should be through the wire transaction but that depends on how much fees that charged for wire transaction.

I think that the best thing should be to try to find an exchange site that will let you deposit EUR or USD at very cheap fees.

Try to search some exchange sites and you will find that dude.

P2P conversion is the cheapest way and avoids unnecessary fees. I've done P2P transactions dozens of times, and I find them safe, economical. Several exchanges allow P2P trading: Binance, Remitano ...

Look for P2P sites, usually they accept dollars and euros and so you can exchange for USDT trs-20 with a commission of 0%, but this is possible.

Other methods will already have a commission, with a small commission, but with a commission

Yeah but make sure you are choosing the right person.

Sometimes even binance suggested a user without good trade history, there has so many scam attempt on P2P Binance Transaction. A scammer on P2P Binance ask the person to release the fund first with several reasons bla-bla-bla but don't fall on that.

You can do this on  reliable exchanges like binance, You can simply find the usdt pair and trade your Ethereum for it. If you want to withdraw fiat, you need to be verified and be sure your country doesn't haven any ban on such transaction then you are good to do.

P2P trading on Binance requires prior community experience and consultation. In addition to money transfer fraud, there is also dirty money in bank accounts. They can harm us by selling cryptocurrencies for fiat money. The best way to effectively trade P2P is to learn about the traders who specialize in cryptocurrency trading and proceed with the transaction.

You should also mention where you have the USDT/EUR right now. I mean if you have them in skill then obviously find a P2P trader and exchange through them. If you have them in the bank then the best option is to buy from a trusted site which is charging the lowest fees. I have heard of moonpay but I don't know what fees they charge and how reliable they are.

The cheapest option also depends on the amount, if you going to buy $50-100 worth of coins then I think P2P traders are best because they don't charge any fixed fees most of the time, while if you are buying from a website they will charge minimum fixed fees. If you are transacting a large sum of money then always best to go through a trusted website because you don't have to worry about minimum charges.