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Author Topic: How to Sell USDT?  (Read 311 times)
alexey14
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August 22, 2018, 07:37:56 AM
 #1

So I converted My BTC to USDT, Now how I can convert USDT to real USD cash?
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August 22, 2018, 09:33:10 AM
 #2

So I converted My BTC to USDT, Now how I can convert USDT to real USD cash?

USDT is an altcoin. One directions is to find an exchange that has USDT/US dollar pair, like Bittrex. Another direction is to change back to Bitcoin and find any exchange or service (card, ATM, .. name it) that can convert Bitcoin for US dollar.

Beware, in most of the cases you want to receive fiat currency (US dollar) you will have to verify yourself (at least ID) and in some countries withdrawn amounts over a certain limits can trigger curious eyes, questions or even bank account lock, so you may have to research more.

I know that this may sound scary. If you do your research, you'll be fine.

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August 22, 2018, 09:51:05 AM
 #3

So I converted My BTC to USDT, Now how I can convert USDT to real USD cash?

I never had any experience of using USDT to exchange for something like FIAT. I only use USDT for keeping purposes only like when all cryptos is going down then I used to convert it into USDT.

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billygarrison
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August 22, 2018, 01:34:49 PM
 #4

So I converted My BTC to USDT, Now how I can convert USDT to real USD cash?
I understand what you mean, but for now cryptocurrency is still a controversy in the world because there are still some countries that prohibit using cryptocurrency to make payments, so to make it easier for you to withdraw money, I suggest exchanging USDT to Dogecoin and after that You visit this website https://www.bestchange.com/click.php?id=405&from=115&to=67&url=1
you can exchange dogecoin into dollars using WU Smiley
Awesomus Maximus
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August 22, 2018, 02:21:46 PM
 #5

You don't have to convert BTC to USDT whenever you need US dollars. You can convert BTC to USD directly. In order to to that, you can use exchanges like coinbase or cex.io. Both of them enable converting crypto to USD or other fiat currencies. The verification is mandatory, because you are kind of entering the banking system and this means you have to prove your identity.
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August 22, 2018, 02:36:43 PM
 #6

It depends on the availability in your place or on the exchange that converts usdt to usd..im not so familiar exchanging usdt to usd..usdt is only used by me to park my funds so that my funds  will not be affected on red days..in my case,i converted usdt again into btc when I need fiat money because the local exchange in my place only converts from btc to fiat..
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August 22, 2018, 02:50:06 PM
 #7

The easiest way probably would be to verify at https://tether.to/.
Unfortunately the verification process takes some times. But afterwards you will be able to easily buy/sell USDT for USD.

Another option would be to buy BTC with your USDT and use an exchange which has BTC/USD traiding pairs (e.g. kraken or bittrex).
This, IMO, is the most convenient way to sell cryptos for fiat. Even without using tether.

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August 22, 2018, 03:20:16 PM
 #8

Buy USDT on some exchange like Binance, OKEX, Huobi
Xenrise
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August 22, 2018, 03:30:16 PM
 #9

Apparently, USDT is not an altcoin. It is only a representation of USD in some exchanges such as hitbtc and many more. The only thing you can do about it is you can save your money out of the use of it. To sell it, make it bitcoin and have wallet to get your btc. Then btc to fiat money exchange.
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August 22, 2018, 03:37:14 PM
 #10

you can change directly to usd not usdt, just change your btc to usd and withdraw, but some country still prohibit crypto, that why it will hard to convert it.
also in my country crypto still ilegal, but not prohibit.
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August 22, 2018, 04:01:41 PM
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Go to Bittrex and swap yours USDT into USD, then you can withdraw via bank accounts. Or you can sell yours usdt on some 3rd-party exchange like Remitano, they support to buy/sell USDT into real money.

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chamika888
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August 22, 2018, 04:30:45 PM
 #12

the easy and best possible way is to convert USDT  back to bitcoin or ETH and sell it.you can use cex or other bitcoin accepted sites.easy cash in 5 min.
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August 22, 2018, 04:39:25 PM
 #13

So I converted My BTC to USDT, Now how I can convert USDT to real USD cash?
In your country there is no website dedicated to buying and selling cryptocurrency? If so then it is really inconvenient because it is difficult for you to get USD. Most in every country have at least 1 website to convert


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August 22, 2018, 04:42:29 PM
 #14

Remitano, a peer to peer exchange similar to localbitcoin is supporting USDT. You may want to check whether your country is supported and whether the rate is favourable.
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August 22, 2018, 06:38:52 PM
 #15

You do not have to exchange to USDT (otherwise known as tether)


Send your BTC back to a FIAT exchange that you probably used initially, (an exchange that has a BTC/USD pairing, like COINBASE/BITSTAMP/KRAKEN/BITFINEX plus many others).


Sell your BTC direct to USD and withdraw if required.


Hope this helps
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August 22, 2018, 07:13:05 PM
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So I converted My BTC to USDT, Now how I can convert USDT to real USD cash?

You can find the many exchange which listed the USDT also on their website. Do you can find that kind of site to make the money with the USDT directly it is not possible so far. You may see the exchange where you find the USDT to the conversation for BTC or ETH.

Mostly none of the coins apart from BTC and ETH to give the way to convert the coins to cash directly. Hope may see it soon.
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August 22, 2018, 07:17:55 PM
 #17

Just like any other digital currency, you can transfer USDT from one wallet to another, from one floor to another using a wallet address, and the transaction takes place automatically and quickly at almost cost. It is zero (there is only fee due to the floor), not controlled by banks, much more convenient than USD.
If you use USD, you will have to worry about loading and withdrawing money, transfer money from one floor to another ... because it will be completely dominated by banks and financial institutions, very transaction fees. The USDT is almost completely overcome.
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August 22, 2018, 07:42:30 PM
Last edit: August 24, 2018, 11:33:20 PM by BitMaxz
 #18

Have you tried checking it on coinmarketcap?

Here, check this link https://coinmarketcap.com/currencies/tether/#markets

after that, click "Pair" then click "USD" you will see the list of exchange sites where you can convert USDT to USD.

So I converted My BTC to USDT, Now how I can convert USDT to real USD cash?

You can find the many exchange which listed the USDT also on their website. Do you can find that kind of site to make the money with the USDT directly it is not possible so far. You may see the exchange where you find the USDT to the conversation for BTC or ETH.

Mostly none of the coins apart from BTC and ETH to give the way to convert the coins to cash directly. Hope may see it soon.

Have you tried to check the other altcoin like XRP and BCH? There are many exchange sites right now where you can convert it directly to USD and withdraw into cash. Some of the coins are listed on the top 10 at coinmarketcap unlike before that only BTC and ETH are mostly accepted in some exchanges that you can withdraw directly into the bank.

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August 22, 2018, 07:58:03 PM
 #19

The easiest way probably would be to verify at https://tether.to/.
Unfortunately the verification process takes some times. But afterwards you will be able to easily buy/sell USDT for USD.

Another option would be to buy BTC with your USDT and use an exchange which has BTC/USD traiding pairs (e.g. kraken or bittrex).
This, IMO, is the most convenient way to sell cryptos for fiat. Even without using tether.


I have literally never seen anyone reporting a successful redemption of USDT via Tether.to. I'm not sure what the situation is now, but Tether themselves were pointing people towards the Kraken USD/USDT market at one point rather than themselves.

I'm not totally sure what the score is with Bitfinex these days. Some say they make no differentation between USD and USDT so you may be able to withdraw to a bank account from there. I'd stick to BTC/USD elsewhere myself.

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August 22, 2018, 08:04:30 PM
 #20

I know that USDT is an altcoin that's why it won't be so difficult to sell it. You should do this when having such a possibility, for example, when being able to find a person who is ready to buy it
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