Is it possible to convert USDT to USD directly on Binance?

3 answers

• Dec 19, 2021 · 3 years ago
  Yes, it is possible to convert USDT to USD directly on Binance. Binance offers a USDT/USD trading pair, allowing users to convert their USDT holdings into USD. Simply navigate to the USDT/USD trading pair on the Binance platform and place a sell order for your desired amount of USDT. Once the order is filled, you will receive USD in your Binance account.
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• Dec 19, 2021 · 3 years ago
  Absolutely! Binance provides a convenient option to convert USDT to USD directly. By using the USDT/USD trading pair, you can easily sell your USDT holdings and receive USD in return. Just make sure to check the current exchange rate and market conditions before placing your sell order. Happy trading!
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• Dec 19, 2021 · 3 years ago
  While Binance does not directly support converting USDT to USD, you can still achieve this conversion through a few additional steps. First, you can sell your USDT for a stablecoin like USDC or BUSD on Binance. Then, you can transfer the stablecoin to a fiat-to-crypto exchange that supports USD withdrawals, such as Coinbase or Kraken. Finally, you can withdraw the USD from the fiat-to-crypto exchange to your bank account. Keep in mind that this method involves additional fees and may take longer compared to converting directly on Binance.
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