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Author Topic: How to Sell USDT?  (Read 419 times)
sherwinsamsung
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August 22, 2018, 11:50:40 PM
 #21

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

there are exchanges which offers usdt to usd exchange.  just transfer your usdt to one of these excganges and sell them to usd.  usually it's 1:1 ratio, but during outrageous market condition the price can swing up or down.

usdt are created by binance so traders can easily convert their crypto to usd-pegged coin usually without kyc.

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August 24, 2018, 02:31:19 PM
 #22

You can convert btc to usd directly why convert it to usdt?  There are lot of exchanger's which offers btc to usd exchange . But try to find it on other exchanger try to get news on there channel, ask questions Or try to ask someone personaly who is willing to buy your usdt Smiley Iv'e hope i just fix your problem mate Roll Eyes
rose8963
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August 24, 2018, 10:42:45 PM
 #23

So I converted My BTC to USDT, Now how I can convert USDT to real USD cash?
At this point I think you should not hold USDT and should increase the amount of TUSDT, you can see that USDT is currently experiencing severe inflation when it is continually being printed out and released to the market, thing This will soon cause the price of USDT unstable and will continue to fall sharply in the coming time. So I think you should use TUSDT at this point.
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August 25, 2018, 07:15:19 AM
 #24

Indeed, this problem is very simple, you only need to find an exchange that has support for USD, often found on your country's local exchanges, usually every country provides it to secure your own money rather than out there, of course if it is associated with an account often requires data Personally, to convince a bank or something, this is not called sales, but this is the exchange of Bitcoin to USD after entering your account data to be able to withdraw money and become a real USD.
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August 25, 2018, 11:22:18 AM
 #25

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

You did wrong. You should not have changed Bitcoin to USDT. I don't know, maybe USDT can convert to USD. But you could convert Bitcoin to USD in Cex.io or Coinbase. If you can't find a way, you should convert it back to BTC and convert it to USD.
JohnWick_Bitcoin
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August 25, 2018, 11:36:11 AM
 #26

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

You did wrong. You should not have changed Bitcoin to USDT. I don't know, maybe USDT can convert to USD. But you could convert Bitcoin to USD in Cex.io or Coinbase. If you can't find a way, you should convert it back to BTC and convert it to USD.

Yes you are right, you should not changed your bitcoins into usd because you will not earn more profit in this way since fiat is not growing its value while bitcoins can skyrocket depending on the situation in the market.
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August 25, 2018, 12:16:40 PM
 #27

We have so many ways to get your USDT over many exchangers just like Bittrex, binance and gate.io and here's what I know how to sell your money now.
Saimabutterfly
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August 25, 2018, 12:40:22 PM
 #28

Guyz can I withdraw my USDT into my wallet? like some one said Tether is a altcoin so do this altcoin having a computer hardware wallet too?

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August 25, 2018, 12:44:15 PM
 #29

USDT is a cryptocurrency Each USDT unit is backed by a U.S Dollar held in the reserves of the Tether Limited. its best place where you hold your crypto in case of panic selling or some other situation. it can be redeemed through the Tether Platform.
Look for BTC/USDT market to buy BTC with USDT. you can directly redeem on this website - https://tether.to/

Guyz can I withdraw my USDT into my wallet? like some one said Tether is a altcoin so do this altcoin having a computer hardware wallet too?

yes you can look for Omni Wallet which provides service for storing USDT on online platform and offline platform such as wallet.
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August 25, 2018, 01:50:19 PM
 #30

There are many exchanges where USDT is listed., trade on those exchange.  If there are offer off the exchange market, you can take them as well  if there is an agreement on escrow and other safety measure!

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September 04, 2018, 08:26:44 PM
 #31

So I converted My BTC to USDT, Now how I can convert USDT to real USD cash?
I liked a lot the statement from the USTD that there is no guarantee that you will get back your USD or whatever else that you will exchange to Tether, lol. I'm not going into it yet.

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EXtremeAEX
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September 04, 2018, 11:08:32 PM
 #32

Any crypto currency can be exchanged for fiat. To begin with, you need to find exchanges where possible. Next, see which currencies are available for exchange on fiat. Then just buy the currency that is available for exchange for fiat (or if you have this currency, then just exchange it).
To date, you can exchange USDT to USD on the Kraken. Here's a link if you need to find out the latest information https://coinmarketcap.com/currencies/tether/#markets.
You can also exchange USDT for fiat in the local crypto currency exchange.


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Adrin
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September 14, 2018, 11:02:01 AM
 #33

You need to use bots for easy solution. 3commas is an example. This bots accepted by almost all top exchange sites. Connect your exchanges account using 3commas. Step: (1) Head over to 3commas (2) Register an account (3) Login to dashboard (4) Click on connect to exchanges.  Now you are ready for change or convert your USDT to another fiat money or real money or any coins. You can add as much exchanges as you can or want. That’s all. 
MalcolmBee
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September 14, 2018, 11:31:43 AM
 #34

You can‘t. Even Kraken only offers a trading pair USDT/USD. So as long as there are enough USDT buying orders, you can sell your USDT. If there are now buying orders you will have to trust Tether that they have enough USD or cryptos to give you USD.
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September 15, 2018, 03:03:14 PM
 #35

Any crypto currency can be exchanged for fiat. To begin with, you need to find exchanges where possible. Next, see which currencies are available for exchange on fiat. Then just buy the currency that is available for exchange for fiat (or if you have this currency, then just exchange it).
To date, you can exchange USDT to USD on the Kraken. Here's a link if you need to find out the latest information https://coinmarketcap.com/currencies/tether/#markets.
You can also exchange USDT for fiat in the local crypto currency exchange.
Any cryptocurrency can only be exchanged for fiat if the fiat based exchange accepts the cryptocurrency you have unless you want to convert it to the one they have from the USDT and go convert to fiat. Sure, there are some exchanges like Kraken, and even bittrex recently allowing direct conversion to USD as the case may be, but for someone that may want to be using other local exchanges, just very few people will give you equivalent of USDT in fiat.

You need to use bots for easy solution. 3commas is an example. This bots accepted by almost all top exchange sites. Connect your exchanges account using 3commas. Step: (1) Head over to 3commas (2) Register an account (3) Login to dashboard (4) Click on connect to exchanges.  Now you are ready for change or convert your USDT to another fiat money or real money or any coins. You can add as much exchanges as you can or want. That’s all. 
What does bot have to do with selling your USDT to USD for heaven sake? You necessarily do not have to use bot to end up achieving that. Just use an exchange that accepts conversion to fiat and that will only be possible if they have USDT listed; otherwise, you may just have to change to the listed coin first. This is totally different from someone who is trying to trade using a bot as they are certainly not even in the same lane at all.
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September 15, 2018, 04:41:35 PM
 #36

Moving USDT between exchanges is costly, you don't really find to USDT/USD pair, just move to a coin that has usd pair, and sell it for usd.

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September 15, 2018, 04:50:26 PM
 #37

Buy USDT on some exchange like Binance, OKEX, Huobi
No USDT is an altcoin you can't send it directly to your bank you need to have a pairing of USD or other local fiat trading and that specific exchange should have an option to cash out to banks and other option to get physical fiat, KYC is necessary to avail that option, you should first look for your own local exchange for easy and convenient transactions.

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September 16, 2018, 11:30:08 AM
 #38

So I converted My BTC to USDT, Now how I can convert USDT to real USD cash?
USDT is NOT dollar. It is another crypto based coin, it is literally the USD Token. Yes it is usually tied to dollar value and if you want to sell bitcoin to usdt you sell it with dollar valuation but that is just the digital version of it and does not represent dollar at all in real life.

When you want to buy something and it costs 100 dollars, you can't spend 100 USDT and buy it, it has even less usage in real life than any other coin out there. Most coins can be used in at least one place whereas USDT only good for trading. So if you have usdt and you want to sell it, the best way to do so is on an exchange and you can get it out.
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September 16, 2018, 11:56:04 AM
 #39

if you want to sell USDT I think it's very easy, and you can look for exchanges that have the use you need in the trade, and I think that's a good way.
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September 16, 2018, 04:04:51 PM
 #40

You can‘t. Even Kraken only offers a trading pair USDT/USD. So as long as there are enough USDT buying orders, you can sell your USDT.

you can---bitfinex redeems USDT for USD. unless things have changed very recently, when you deposit USDT to your account, they credit you with USD. you can wire the USD out from there. supposedly tether.to also resumed withdrawals late last year after they stopped servicing USA customers, but i can't confirm.

otherwise yes, there's the USDT/USD market on kraken. apparently, bittrex now has a USDT/USD market too, but it seems like it's limited to some customers in the USA, and you need to apply to trade it with a verified account.

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