Sell USDT (Tether) Instantly | Paybis (2024)

How to Sell USDT to Bank Account

Sell USDT (Tether) Instantly | Paybis (1)

How to transfer USDT to Bank Account?

First of all, let us remind you that fiat- and crypto- currencies are two very different things. The same way you can’t store your USD or EUR in your crypto wallet, you can’t store USDT in your bank account, there is no “USDT banking”.

However, you can always sell USDT and receive a quick fiat payout to your bank account. To do this is actually really easy - all you need is a Paybis profile, some USDT, and a bank account. The whole process takes just a few minutes!

Just a heads-up - Paybis currently supports only EUR-denominated bank accounts, but more currencies are coming soon, so stay tuned!

4 Steps to Withdraw USDT to Bank account

Need to sell USDT? Look no further - just follow these four simple steps:

  • Sign up for an account at Paybis

  • Select the amount of USDT you want to sell

  • Type in your bank account details

  • Send USDT to the address we’ve generated for you

That’s it! Now you know how to sell Tether quickly, securely, and conveniently. Should you have any questions - our 24/7 live chat support is available for you!

Which exchange is the best to sell USDT?

Selecting a trusted exchange can be a hard thing, we get it. Here are three green flags we advise you to search when selecting a crypto platform to sell Tether:

  • Regulated by a recognized financial institution. Like Paybis who are registered with FinCEN in the US & FINTRAC in Canada.

  • Been on the market for a long time. Paybis has been making crypto-wishes come true since 2014.

  • Have verified reviews on platforms like Trustpilot. Make sure to check out our profile with over 17,000 excellent reviews!

Is it cheap to sell Tether on Paybis?

Paybis is definitely one of the most affordable places to sell USDT ERC20. One of the things our customers love about us is that there are no hidden fees - you know what you pay for, with a full breakdown available before you start a transaction:

  • Tether fee - a fee that will be charged by the blockchain for the crypto transfer.

  • Paybis fee - our commission & revenue helping us remain one of the best platforms on the market

  • Bank Transfer fee - charged by the bank to deliver a payout.

Sell USDT (Tether) Instantly | Paybis (2024)

FAQs

Sell USDT (Tether) Instantly | Paybis? ›

MoonPay offers a simple, fast, and safe checkout to turn your USDT (Tether) into cash. Trade your stablecoins for fiat and choose from 3 different supported blockchains to sell USDT: Ethereum, Tron, and Binance Smart Chain.

How can I sell USDT instantly? ›

How to sell Tether from the wallet at CEX.IO?
  1. Open Buy/Sell page;
  2. Sell Tether instantly for fiats, and you will get the funds on your card in a few moments;
  3. Go to the Trade page;
  4. Set a market order if you want to sell USDT now, or a limit order to sell later for a better price for you;

Where can I sell USDT for cash? ›

MoonPay offers a simple, fast, and safe checkout to turn your USDT (Tether) into cash. Trade your stablecoins for fiat and choose from 3 different supported blockchains to sell USDT: Ethereum, Tron, and Binance Smart Chain.

What is the best way to cash out USDT? ›

The recommended method for withdrawing USDT from a crypto wallet is to use a platform that directly supports fiat conversion and bank transfers. This typically involves: Transferring your USDT to the platform's wallet. Selling the USDT for your desired fiat money, such as USD.

How can I make my USDT into actual dollars? ›

How to convert USDT to USD: A step-by-step guide
  1. Choose your platform wisely. Getting started with cryptocurrency trading requires a trustworthy exchange or trading platform. ...
  2. Create an account. ...
  3. Deposit your USDT into your platform's wallet. ...
  4. Navigate to the trading section of the platform. ...
  5. Exchange USDT to USD.

How do I sell USDT to PayPal? ›

Log in to your crypto wallet. Tap Buy or Sell, then select 'PayPal.' Enter the USD amount worth of crypto you want to buy, or crypto quantity you want to sell. You'll be redirected to PayPal to log in.

How do I convert USDT to cash on Coinbase? ›

Browser
  1. Sign in to your Coinbase.com account.
  2. Select My Assets.
  3. Select your local currency balance.
  4. Select the Cash out tab and enter the amount you want to cash out.
  5. Select Transfer to and choose your cash out destination.
  6. Select Review.
  7. Select Withdraw cash to complete your transfer.

Can I sell USDT on MoonPay? ›

MoonPay also makes it easy to sell USDT when you decide it's time to cash out. Simply enter the amount of Tether you'd like to sell and enter the details where you want to receive your funds.

Can I sell my USDT on Coinbase? ›

Customers can sign up for a Coinbase account here to buy, sell, convert, send, receive, or store USDT today.

How do I sell my USDT on Trust Wallet? ›

To sell USDT on Trust Wallet, you can follow these steps:
  1. Open Trust Wallet and ensure you have USDT in your wallet.
  2. Go to the DApps or Browser section within the app.
  3. Enter the website or platform where you want to sell your USDT.
  4. Connect your Trust Wallet to the platform and navigate to the USDT trading pair.
Jun 14, 2023

How to sell USDT for real money? ›

How to sell Tether
  1. Create your free Kraken account. Verify your details to get started.
  2. Send USDT to your Kraken account. Deposit USDT in your secure Kraken account.
  3. Sell Tether instantly. Enjoy ultra-fast USDT transactions & withdraws.

Which banks accept USDT? ›

Xapo Bank is currently the only regulated bank in the world that allows sending and receiving USDT. When Xapo Bank members send or receive USDT, it is instantly converted to US Dollars. The converted USD then automatically starts to earn 4.5% annual interest that's paid daily.

How do I withdraw USDT from crypto to bank account? ›

How to submit a USD withdrawal request?
  1. Go to “Fiat Wallet” from Menu Button or the Accounts Menu. Tap “Transfer” > “Withdraw” > “USD”
  2. Tap on your USD balance and Withdraw USD.
  3. Tap Add Bank Account or select the preferred bank account if it has already been added.

Can I transfer USDT to my bank account? ›

To withdraw USDT to a bank account, you can transfer your USDT to an exchange that supports the withdrawal of USDT to a bank account. Then, you can initiate a withdrawal request and provide the necessary information such as the bank account number, name etc.

How do I convert USDT to USD in PayPal? ›

Convert Tether to PayPal USD

1 USDT equals 1.00 PYUSD. The current value of 1 Tether is -0.03% against the exchange rate to PYUSD in the last 24 hours. ​ ​Create a free Kraken account to instantly convert USDT to PYUSD today.

What is the cheapest way to exchange USDT? ›

The most cost-effective way to exchange USDT for another cryptocurrency would be to use a cryptocurrency exchange platform that offers low fees and competitive exchange rates. Some popular exchanges known for their cost-effectiveness include Binance, Kraken, and Coinbase Pro.

How fast is the USDT withdrawal? ›

Generally, USDT transfers can be completed within 30 minutes to an hour. For instance, if you're transferring USDT on the Ethereum network (ERC-20), the transaction time will depend on the current gas fees and network congestion. Higher gas fees will result in faster confirmation times.

Does USDT have a wallet address? ›

Tether (USDT) uses the Ethereum blockchain, so its wallet address is a standard Ethereum wallet address. Each wallet address is a unique string of characters that can be used to send and receive Tether tokens.

How much does it cost to transfer USDT? ›

Transferring USDT typically comes with two types of fees. The first one is the exchange fee, which crypto exchanges charge when you buy or sell USDT tokens on their platform. Although the specific fee structure varies among exchanges, it usually falls between 0.0. 9% to 0.9% of the transaction amount.

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