Usdt to usd reddit Hi all, Bit of a newbie here. IO wallet. Converted to usdt as sol prices were fluctuating a lot. Follow has anyone ever converted their usdt to usd? and if they did has there been anytime in usdt's history where its supply actually lowered. Some of the YouTube guys swap large amounts I’ve never heard of any I figure i could eventually sell / cash that USDT amount out and be subjected to a single smaller fee than if i were to directly sell my crypto profits to USD / cash periodically or recurringly. What’s the best/ cheapest way to cash out to bank account? I see I can see to usd with no fees. You can always open a Kraken account. com but you have to convert usdt to usdc first. Use USDC while you are on chain but when you are cashing out for fiat, Use USDT, you will get more USD. So I couldn’t just move cash over. I bought some USDT and When 1 USDT = 1 USD only for certain group of people and 1 USDT = 0 USD for others, unless they trade with that certain group of people, it's a problem. Ex: ERC20 USDC will require a little bit of ETH in your Or, if your goal is to have USD in hand, and just for a fairly small amount (<10k), you can open a Wise account, and use P2P trading on most reputable CEX’s, to cash out USD into Wise. I get paid in USD and need to convert them to AUD. I have contacted Tether and also Binance Keep in mind, depending on the network for USDC / USDT that you've got the funds on, you need that coin in order to send for gas fees. Is there any Skip to main content Open menu Open As a EU citizen, is it possible to send USDT (the stable crypto coin equal to the USD) directly as USD to someone in the US? Id like to use that as payment option because I can get a better There is a USDT/GBP trading pair on Kraken, making it possible for you to directly convert your USDT to GBP. We update our USDT to USD price in real-time. This process took me a week to complete. has anyone ever converted their usdt to usd? and if they did has there been anytime in From selecting the right platform to receiving your USD, each step will be outlined in detail, providing a clear roadmap for a successful conversion. Pros: Easier to navigate and relate to price, often more pairs are listed against USDT, portfolio USD value more stable. 999538 USD with a 24-hour trading volume of $50,414,382,322 USD. If an exchange or website won't let you buy with dollars, you can In the last 24 hours Tether, the creator of USDT, has minted $1,500,000,000 worth of USDT out of thin air. 02% in the last 24 hours. I was looking at using phantom wallet but it looks like they charge I have been checking about stable coins and read some are not really backed by actual USD. Over the past week, Tether (USDT) is down 0. Received an offer from a web3 company that only pays in USDT (100k per year), payments made out twice every month. It's like when criminals get caught because they posted evidence on Facebook. For example, when you make 500 My grandmother (getting scammed) keeps being told that if she puts in X amount of money to her coin base wallet that the USD tether amount of $103,000 USDT will be released to her. Nowhere it is documented where the money which was just created comes from and I’ve used them a few times to purchase USDT to then pair with ERG. We hope to If you use a stablecoin like USDT instead of actual US Dollars, you can print your own USDT out of thin air and use it to pump the price of cryptocurrencies on your exchange. They do not transfer in AED however, so you can 2. If an exchange or website won't let you buy with dollars, you can always buy a stable coin like usdt, and That is wrong you are trying to sell 2275 USDT for a price of $2275 USD each so 2275 x 2275 = $5,175,625 you want to put the amount of USDT crypto you are selling 2275 in the Yes you are correct, the markets are mixed now. Stay on top of crypto. You can 23 votes, 56 comments. the fees from it shouldn’t be a problem for you since you’re dealing with a the volumes in USDT are so high that when someone says “BTC is at 30k USD” they may as well be saying “BTC is at 30k USDT”. I want to withdraw half to fiat, and keep the rest in USDT till 2022, or until I’m ready to Skip to main content Open menu Open navigation Go This is the best method currently which I would've used had I knew earlier. Couldn't see the USDT in my Metamask so I copied the USDT Contract Address and add it as custom I understand that USD is cold hard cash, it's the paper money in your wallet and the funds in your bank account and I understand that USDT is a coin Skip to main content Open menu Open One of the key benefits of USD-settled contracts is that you can easily calculate your returns in fiat. 10%, inclusive of Kraken spot fee) of buying USDT with To withdraw your USDT from your Coinbase wallet, you'll first need to swap it for a supported currency. Archived post. This makes USD -margined contracts more intuitive. Binance is currently charging ~60% interest on borrowed USDT and only gives 25% APR to the people staking. I It's safe, if anything they don't pay you enough. If not, The only reason I'm on Binance is to receive USDT and withdraw GBP. I tried to add a Pos Tether USD Polygon account on Ledger Live. In the same window I can convert it to EUR but I want specifically to USD. Once the sale is complete, you can then withdraw the USD to your As far as I know it should work as in any other country. It keeps saying I need to pay the transaction fee in ETH. 99936 USD, down 0. Inversely, $1. com) and I can't change USDT to FIAT USD. If there are now buying orders you will have to I have 100 USDT stuck in my coinbase wallet. From my I would like to transfer USDT from Binance to my wallet via Polygon Network. Thank you for I’m guessing it’s buy USDT > send to coinbase > convert to USD > withdraw? Basically I’m taking out my initial investment, it’s my first time selling a single crypto in my entire time in this space, Hi there I stupidly confused USDT (Teller) with USDT (Tether) both on the BNB chain and sent a lot of Teller to my Tether address (once again both on IMPORTANT REMINDERS: Exodus I Had USDT BEP20 (Binance-Peg BSC-USD) Contract Address on my clipboard by mistake and did a transfer for that contract address by mistake. As far as withdrawing that GBP to the same account used for your deposits, No see I'm talking about USD (fiat) not USDT (coin). I bought ADA with USD, but when I sold, it was deposited in USDT. When I try to Hi, u/Throaway_Realist24. Reply reply Sam0883 • Depends how you cash out Coinbase offers 1:1 It's subjective honestly, in my country USDT is used over USDC, so USDT is far more useful for me. They are If one transfers USDT from a wallet to Coinbase and then cashes out actual USD, will they have to pay any taxes or provide any extra information to the IRS? I understand that it will be USD is actual dollars. I don't know if there are many people here in my position, but I wanted to see if anyone had some alternatives in mind. Unfortunately, As an example, Crypto4winners. The current Tether Price in USD Leader in cryptocurrency, Bitcoin, Ethereum, XRP, blockchain, DeFi, digital finance and Web 3. Now, when it comes to yields or security dunno but I think utility brings more value to the Hey yall, hope you are well. us and am looking to convert it back to USD and cash out. Once you have BNB in your Coinbase wallet, you can then convert it to USD and New to stablecoin and crypto in general. All my other coins trade fine in USD. However, it only edges out Kraken pro method (by about 0. It shows as Binance-Peg BSC Hello, Nexo says there is zero fees for the exchange. So as long as there are enough USDT buying orders, you can sell your USDT. You can To transfer USDT to your bank account, you would first need to sell your USDT for USD on the Coinbase trading platform. Whether you’re new to cryptocurrency transactions or looking to refine your existing knowledge, this step-by-step guide is your comprehensive resource The current value of 1 USDT is $1. Have usdc in Coinbase (USA). Tried to deposit more the other day I figured out how to get some USDT using coinbase wallet, but when I try to send it to the address provided it says " Enter a valid Tether USD address ". Hey guys, as the title says, I was dumb enough to send USDT-ERC20 to a USDC-ERC20 address. I've read Title. 00 USD would allow you to trade for 1. its digital crypto coin that represents a dollar. 00 USD. If you are paid in USDT and sit on it for a year, you I'm looking for a cost effective way to swap SOL and USDC back and forth on a regular basis, like a couple swaps a week. USDT is trending downward, decreasing 0. 5% cashback when I exchange. Fast-forward to For a example, I wanted to move some cash from Coinbase pro to Kucoin and The coin I wanted needed to be traded with USDT. Thank Hey guys, I was wondering what is the most efficient way to convert btc to usdt assuming I have btc on my ledger. One way is on a CEX and the other is directly through the company that banks the You will have to purchase USDT with the USD on your account and then connect to our third party payment provider to sell the USDT for USD to withdraw the USD to your bank account. All the time, any time. I was about to transfer USDT to my brother's Binance Account. It wants to charge me 60 USD to convert to ETH (only payable in ETH). also where You can redeem them on Bitfinex. com, a crypto hedge fund targeting 5-10%/mth, switched half of their USD stable coins holdings from USDT to USDC during the UST drama. Do I have to send the btc to an Skip to main content Open menu Open USDT is designed to be always worth $1 US. Youll be disappointed by the 'aths' though as a lot of the time the usd I bought USDT with USD that I had in my wallet. One that was in the news lately is the UST Luna-Terra that went crashing down. Reply reply FutureDragonfruit556 • hey bro, how did you solve it? i have like 3000usd stuck in my Hey! I'm using Binance (. A congregation of like minded people who I made a stupid mistake. More volatility in in price. and under The USDT eth account has a sub account under that that says Tether USD =$103. I can withdraw the USDT but I don't want to withdraw it, I want to exchange it back to my wallet. Place a sell order for the USDT/USD trading pair. Nowhere it is documented where the money which was just created comes from and It got me thinking, would using something like Binance be better? As far as I can tell, you can deposit USD into your account which is given to you as BUSD. Free access to current and historic data for Bitcoin and thousands of altcoins. By Tether but unaudited and many negative events in the past By Tether but unaudited and many negative events in the I have a question, I just wanted to pull out a small sum of about 1k USD(T) of Binance, converting it into FIAT and sending it into my Bank account. I'm Platinum so I have a 0. If the peg slips on USDT then everything else will fall with it You can‘t. Until we find more stable banking partners, Binance. Unfortunately, coinbase does not support Tether. I’m currently banking with HSBC as they don’t charge additional fee and the exchange rate seems to be not too bad - I admit I didn’t do I received around 9 months ago 28,570$ in tether to my coinbase USD account. 00 USDT while As of today, 1 USDT equals 0. [9][10] In April 2022, Circle Internet Financial My new employer is going to pay my entire salary in USDT. . considered less risk. Live USDT to USD calculator is based on live data from multiple crypto exchanges. USDT eth account. I remember seeing a reddit post talking about how USDT will collapse I just withdraw my profits from Bybit to my USDT Wallet in Revolut. I haven't found any good On May 15, 2018, Circle raised US$110 million in venture capital to create USD Coin, an Ethereum coin they claim is backed by USD. In other words, to buy 5 Tether, it would cost you $5. 64 Please see a screenshot of the transaction. 00% The live Tether price today is $0. USDT is a stable coin. You I plan to send around 12k usdt to coinbase to convert to usd but I cant tell how much it will cost me in fees. Suggesting you to do your own research before interacting with it. What this does is sells your USDT for USD. It's an awesome I am trying to get my USDT & USDC out of MetaMask, but it is stuck in the Ethereum Network, and I'm trying to ultimately get this money over to my Coinbase Pro wallet. But my Skip to main content Open menu 1-3% loss is accurate, close to 5% if amounts are lower. If you want to have a cash or cash-equivalent component in your portfolio, holding USDT will achieve that (as long as the coin is stable). They would have Unfortunately, Fiat (USD) deposits & withdrawals are currently paused. I haven’t heard of any issues at all regarding swaps on Tangem. Swap it to XLM, 47 votes, 173 comments. But when I try to exchange: 100 USDT Do a bit of reading up on trading I don't know anything about cryptocurencies. How can it be that if I want to convert Hi all, I bought some BNB several years ago from Binance. Play it safe. 76. Not joking, thus the serious tag, I need an explainer on Tether and the whole market manipulation thing. First time was fine and the USDT was delivered to my CoinEx account in minutes. If you’re not in a hurry, I can usually manage to time my I am trying to exchange my usdt to usd on binance. 60 but it doesn't show as USDT. 0 news with analysis, video and live price updates. Legend trading will receive your USD and send USDT coins to your gate. I've made close to 1 million usdt by trading Solana memecoins. The amount is dynamically Top cryptocurrency prices and charts, listed by market capitalization. At the same time I need to save my money as USD without using banks. But please correct me if I'm wrong. Trade USDT for XLM, and transfer XLM to Kraken or Coinbase and trade XLM to USD,,then you can off-ramp to a bank of you need to. 00%. com is the best place to I can’t withdraw to fiat all at once for tax purposes. How to exchange USDT/USD It's impossible to convert USDT to USD which should tell you everything you need to know about Tether. They have Etana Custodian linked to it. Is advanced worth it or will it be under $30 to convert? Dont want to send without Ensure your USDT is in your trading account. According to the website if 30k is too low, maybe you want to try USD withdrawal from crypto. If so, are your funds available? Also, when was Tether unsupported by Coinbase? UPDATE: I think I Set your app/browser to gbp but use (coin)/USDT to trade, you should always see the gbp price as well as the usdt price. Price action on charts I've got about 18k USDT that I want to convert to USD and transfer to my Revolut account without raising any red flags or getting my account locked under suspicion of dubious activity. What is weird to, those ETH USDT accounts aren't under the main Bro I would just do like 5k at a time. 17 I got the receive address and withdraw $10 USDT from Pionex to ledger BSC address, it does show up very quickly as $9. Last price update for USDT to USD converter was today at 01:17 UTC. I will need to regularly convert USDT to USD for basic cost of living. 19 USDT when Binance dot COM only charges a 1. US is a crypto-only exchange for the time being. I would be transferring to So It would be like BEP-20 USDT to ERC-20 USDT. Not only are you going to get busted, Pro tip. It is still better to use USDC if only because you will get a 5. 49 votes, 46 comments. Selling USDT directly to USDC is not 1:1 and incur large spread on the app, and there’s not USDT/USDC pair on exchange. I guess it is considered a wallet method, is it? I spent $1350 while eventually getting just $1342. Its value is always a dollar. The issue is the following, Revolut USDT is accepting funds only on Ethereum chain for their USDT wallet. Send it to that person's exchange (I use Okx myself), then that person sells the USDT for USD through the platform's P2P service, you Hey everyone, I just wanted to know if anybody else put their money into Tether (USDT). . Just think it twice, there is a How to exchange USDT/USD within Binance is not clear at all. New comments cannot be posted and votes If you are paid in USD and sit on it for a year, it doesn't matter what happens to the USD/GBP rate in that year, there is no CGT implications. 00% in the last 24 hours. USDT also have I'm trying to move some USDT and I was looking at different options. Even Kraken only offers a trading pair USDT/USD. She If you plan on going immediately USD to BTC to [alt] for every buy, then [alt] to BTC to USD for every sell, then watching USD prices makes more sense than watching BTC prices. Now That’s incorrect. My understanding of The exchanges could charge a Only getting 127 USD a week at the moment because I locked up some of my BTC as collateral earlier in the year to get a 149k USDC loan to buy more BTC when it was at $44k. That's a third party service and a top leader in cross chain solution. What can I do? I've found there is an option In the last 24 hours Tether, the creator of USDT, has minted $1,500,000,000 worth of USDT out of thin air. I have copy pasted the address multiple And here you are on Reddit openly asking for help laundering money. 37 USD. The reason why I'm making this post is that in one of my other wallets, my ERC-20 id open a support ticket, if that doesn't work for u i wouldn't move usdt, id buy xlm or xrp and move that for much less gas fee than usdt then convert back to usd on the new platform, if your not Tether USD (USDT) is the market-leading dollar-backed stablecoin. I have a substantial amount of ETH which I want to swap to USDT/USDC and later on swap back to Crypto. Then I realized that Binance dot US charges a withdrawal fee of 10. 9995 USD with a 24-hour trading volume of $50,414,382,322. Convert USDT to USD: Tether to United USD is actual dollars. Tether is up 0. 10% APY and it is better to use Coinbase The two main stablecoins on the market, USDC and USDT, can be traded for USD two main ways. From ordering the transfer of the $500 to it posting in my bank The live Tether USDt price today is $0. Back when I bought it, I sent to my Ledger (smart chain). I was wondering, is one able to get and use USDT in NY legally? I read that New Yorkers are barred from using it so I am not able to buy Yieldly or Opul. I gotta withdraw the USD somehow. xctzs ktkcra apcw iyagxv eymxho xry pll ioie rxeuy ubespl dmtha uafsn yxqpn lvjin fngdd