How to Sell Tether (USDT) for Fiat Currency

Learn what is Tether and how to sell USDT for fiat currency.

Sell Tether in 5 Effortless Steps

Enter the amount of Tether you’d like to sell for fiat.

Choose your desired fiat payout method (e.g., bank transfer).

Provide necessary details (e.g. wallet address, bank account info).

Review and confirm the transaction.

Receive your fiat currency in your chosen destination.

How to directly Sell Tether directly on other chains for Fiat?

Sell USDT for fiat on any available chain on Transak.

How to directly sell USDT on Ethereum

Transak is a leading crypto-to-fiat selling platform. Users can quickly exchange their cryptocurrency for local currency in 162+ countries.Transak supports Tether on Ethereum. If you hold Tether on Ethereum, you can instantly sell it for fiat by following 5 easy steps.

Sell Tether in 5 Easy Steps:

Go to global.transak.com and switch to the “Sell” tab.

Select Ethereum as the network from the crypto drop-down menu and choose USDT as the asset you want to sell.

Select the payout method of your choice from the available options and review the amount of fiat currency you will receive.

Verify with your personal and payout details and proceed to transfer.

Transfer USDT to the specified address and get your fiat soon after confirmation.

Sell USDT on Ethereum Today

How to directly sell USDT on Polygon

Transak is a leading crypto-to-fiat selling platform. Users can quickly exchange their cryptocurrency for local currency in 162+ countries.Transak supports Tether on Polygon. If you hold Tether on Polygon, you can instantly sell it for fiat by following 5 easy steps.

Sell Tether in 5 Easy Steps:

Go to global.transak.com and switch to the “Sell” tab.

Select Polygon as the network from the crypto drop-down menu and choose USDT as the asset you want to sell.

Select the payout method of your choice from the available options and review the amount of fiat currency you will receive.

Verify with your personal and payout details and proceed to transfer.

Transfer USDT to the specified address and get your fiat soon after confirmation.

Sell USDT on Polygon Today

How to directly sell USDT on Algorand

Transak is a leading crypto-to-fiat selling platform. Users can quickly exchange their cryptocurrency for local currency in 162+ countries.Transak supports Tether on Algorand. If you hold Tether on Algorand, you can instantly sell it for fiat by following 5 easy steps.

Sell Tether in 5 Easy Steps:

Go to global.transak.com and switch to the “Sell” tab.

Select Algorand as the network from the crypto drop-down menu and choose USDT as the asset you want to sell.

Select the payout method of your choice from the available options and review the amount of fiat currency you will receive.

Verify with your personal and payout details and proceed to transfer.

Transfer USDT to the specified address and get your fiat soon after confirmation.

Sell USDT on Algorand Today

How to directly sell USDT on BNB Chain

Transak is a leading crypto-to-fiat selling platform. Users can quickly exchange their cryptocurrency for local currency in 162+ countries.Transak supports Tether on BNB Chain. If you hold Tether on BNB Chain, you can instantly sell it for fiat by following 5 easy steps.

Sell Tether in 5 Easy Steps:

Go to global.transak.com and switch to the “Sell” tab.

Select BNB Chain as the network from the crypto drop-down menu and choose USDT as the asset you want to sell.

Select the payout method of your choice from the available options and review the amount of fiat currency you will receive.

Verify with your personal and payout details and proceed to transfer.

Transfer USDT to the specified address and get your fiat soon after confirmation.

Sell USDT on BNB Chain Today

How to directly sell USDT on Tron

Transak is a leading crypto-to-fiat selling platform. Users can quickly exchange their cryptocurrency for local currency in 162+ countries.Transak supports Tether on Tron. If you hold Tether on Tron, you can instantly sell it for fiat by following 5 easy steps.

Sell Tether in 5 Easy Steps:

Go to global.transak.com and switch to the “Sell” tab.

Select Tron as the network from the crypto drop-down menu and choose USDT as the asset you want to sell.

Select the payout method of your choice from the available options and review the amount of fiat currency you will receive.

Verify with your personal and payout details and proceed to transfer.

Transfer USDT to the specified address and get your fiat soon after confirmation.

Sell USDT on Tron Today

How to directly sell USDT on Mantle

Transak is a leading crypto-to-fiat selling platform. Users can quickly exchange their cryptocurrency for local currency in 162+ countries.Transak supports Tether on Mantle. If you hold Tether on Mantle, you can instantly sell it for fiat by following 5 easy steps.

Sell Tether in 5 Easy Steps:

Go to global.transak.com and switch to the “Sell” tab.

Select Mantle as the network from the crypto drop-down menu and choose USDT as the asset you want to sell.

Select the payout method of your choice from the available options and review the amount of fiat currency you will receive.

Verify with your personal and payout details and proceed to transfer.

Transfer USDT to the specified address and get your fiat soon after confirmation.

Sell USDT on Mantle Today

How to directly sell USDT on Opbnb

Transak is a leading crypto-to-fiat selling platform. Users can quickly exchange their cryptocurrency for local currency in 162+ countries.Transak supports Tether on Opbnb. If you hold Tether on Opbnb, you can instantly sell it for fiat by following 5 easy steps.

Sell Tether in 5 Easy Steps:

Go to global.transak.com and switch to the “Sell” tab.

Select Opbnb as the network from the crypto drop-down menu and choose USDT as the asset you want to sell.

Select the payout method of your choice from the available options and review the amount of fiat currency you will receive.

Verify with your personal and payout details and proceed to transfer.

Transfer USDT to the specified address and get your fiat soon after confirmation.

Sell USDT on Opbnb Today

How to directly sell USDT on Celo

Transak is a leading crypto-to-fiat selling platform. Users can quickly exchange their cryptocurrency for local currency in 162+ countries.Transak supports Tether on Celo. If you hold Tether on Celo, you can instantly sell it for fiat by following 5 easy steps.

Sell Tether in 5 Easy Steps:

Go to global.transak.com and switch to the “Sell” tab.

Select Celo as the network from the crypto drop-down menu and choose USDT as the asset you want to sell.

Select the payout method of your choice from the available options and review the amount of fiat currency you will receive.

Verify with your personal and payout details and proceed to transfer.

Transfer USDT to the specified address and get your fiat soon after confirmation.

Sell USDT on Celo Today

Sell Tether for Fiat Across Multiple Blockchains

If you have Tether (USDT) on multiple blockchain networks, you can still sell it for fiat on Transak.

Step-by-Step Process

1. Select Your Blockchain Network

Start by choosing the blockchain network from which you wish to sell your Tether. Transak supports multiple networks (based on the cryptocurrency), giving you the flexibility to choose the one that best suits your needs.

2. Enter Amount of USDT You Wish to Sell

In the “You pay” field of the Transak interface, input the amount of Tether (USDT) you wish to sell to fiat. Transak will display the equivalent amount of fiat currency you'll receive based on the current exchange rate and the blockchain network you selected.

3. Complete KYC Verification (if necessary)

Transak employs a multi-level KYC solution. Based on the amount of cryptocurrency you are selling and the region, you may be prompted to complete a quick KYC verification.

Full KYC-verified users do not have to undergo the check again in the future.

4.Choose The Fiat Payout Method

Enter the bank details or card information where you want to receive fiat currency. Ensure the details are accurate as money once transferred cannot be refunded.

5. Confirm Transaction and Transfer Fiat

Review your details and click “Confirm.” Acknowledge the disclaimer and capture the provided wallet address.

Transfer the specified amount of cryptocurrency to the wallet address. Select “I have paid” once the transaction is successful.

Sell Tether for Fiat using Visa

Visa is helping Transak enhance its global off-ramp service by implementing Visa Direct capabilities.

This collaboration allows Transak users in over 162+ countries to seamlessly sell their cryptocurrency holdings into local fiat currencies through real-time card withdrawals.

This partnership is a significant step towards the mainstream adoption of digital currencies, making it easier for users to access and utilize their crypto assets in the real world.

Read more about the Transak-Visa partnership here.

Why Sell Tether for Fiat?

In places where cryptocurrencies are not legal tender, selling Tether (USDT) for fiat currency is how people can get their “money” back and use it to purchase goods and services.

Transak's robust off-ramping infrastructure allows users from all over the world to quickly sell cryptocurrency (sell to their local currency).

Why Sell Tether (USDT)?

Selling Tether (USDT) is a personal decision and we encourage doing your own research. Below are a few reasons why users may choose to sell USDT:

Realize Profits: If the value of your Tether has increased since you acquired it, selling allows you to lock in those gains and sell them into spendable fiat currency.
Liquidity Needs: Selling Tether can provide immediate liquidity for other investments, paying bills, or covering unexpected expenses.
Portfolio Diversification: Selling some of your crypto holdings for fiat can help diversify your investment portfolio, balancing the potential risks and returns.
Regulatory and Tax Considerations: Depending on your jurisdiction, there might be tax advantages to selling USDT. Talk to a financial advisor for more information.