questions about trading.

[crazy-igzo]

hello, I'm a newbie.
and I had a rough time to get some btc. and I grow it with exchanging.
now I want to convert it to USD! I'm currently exchanging in poloniex
I found a coin named USDT is it USD?
and how can I convert USDT to USD if it's not usd?
how can I send it to paypal? cuz I really need to send it to paypal.
thanks

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[Amph]

no that coin it's not usd, it's another crypto or something else, but i may be wrong on this you better ask in the trollbox

the only thing that i know is that it is not usd, because i remember i asked the same thing in their trollbox

[Patatas]

Simply,convert your btc to Fiat using localbitcoins.com.They're a few traders who directly send funds to your paypal account,since the  traders are verified and escrow is provided I think localbitcoins would be a good place if its urgent as you say.Regarding the USDT, I did not understand what you mean ?Have you bought USDT's for bitcoins ? If yes, then sell them for btc's again and the btc's can be converted to paypal as mentioned above.

[1Referee]

What you see in poloniex as USDT is called Tether. It's just an altcoin and not USD as in $$$ fiat.

Better use an exchange as Bitstamp or Bitfinex or Kraken as they are real BTC/USD exchanges.

[eddie13]

USDT is pegged pretty well to the USD $$ and it is pretty much designed to be USD by proxy with the capabilities of a crypto coin.

[crazy-igzo]

Simply,convert your btc to Fiat using localbitcoins.com.They're a few traders who directly send funds to your paypal account,since the  traders are verified and escrow is provided I think localbitcoins would be a good place if its urgent as you say.Regarding the USDT, I did not understand what you mean ?Have you bought USDT's for bitcoins ? If yes, then sell them for btc's again and the btc's can be converted to paypal as mentioned above.

i m going to try localbitcoins as u Suggested , I hate the fact that there is allwas risk --
 I did not buy usdt I just wanted some clarification.

[maokoto]

You can use localbitcoins as some say, also coinbase (have to give personal data) or Xapo or some BTC/USD exchange. I guess you can also try to exchange them in forum, but do not know if that would be too risky.

[twister]

It looks like you're wanting to exchange them to Paypal and that in itself is risky, no matter what exchange/platform you use because you can't cover yourself from chargeback which can be done upto 180 days.

On localbitcoin you may find local traders who do cash trades, which is the safest option imho.

[calkob]

Yeah i would say your best option would be locla bitcoins, or bittylicious if your in the UK but it might not be such a good rate.