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1  Alternate cryptocurrencies / Service Discussion (Altcoins) / Bybit - Usdt - fees - Trezor One - I need some help to get started... on: February 25, 2021, 09:52:12 AM
Hello,

I want to start trading on Bybit using USDT.
I want to trade bitcoin and take profits (if any Cheesy) once a month.

I am familiar with platforms like Kraken and eToro and never had to deal with USDT.
bear in mind I'm a noob.

What is the process here for me to trade in Bybit?

- send ERC20 tether to my Trezor One
- connect the Trezor One in Bybit and deposit the ERC20 tether
- trade
- at the end of the month do I send the profits back to my Trezor One? how do I turn that into USD or EUR?

Also, since I will be using ERC20 tether, I will have to deal with the very high gas fees, right?

Is there a way around it? Loopring?

Thanks a lot, any help would be highly appreciated

EDIT: NEVER MIND I JUST FOUND OUT BYBIT HAS GOT THE FIAT GATEWAY  Roll Eyes


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