Is it possible to turn USDT into USD in Binance?

3 answers

• May 06, 2022 · 3 years ago
  Yes, it is possible to convert USDT into USD on Binance. Binance offers a feature called 'Fiat Gateway' which allows users to convert their USDT holdings into USD. You can initiate the conversion process by following the instructions provided on the Binance website. Please note that there may be certain requirements and fees associated with this conversion process.
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• May 06, 2022 · 3 years ago
  Unfortunately, Binance does not currently support direct conversion of USDT into USD. However, you can still convert your USDT into other cryptocurrencies on the platform and then transfer those cryptocurrencies to an exchange that supports USD withdrawals. Once you have the desired cryptocurrency, you can sell it for USD on the other exchange and withdraw the funds to your bank account. It may involve additional steps and fees, but it is still possible to convert your USDT into USD indirectly.
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• May 06, 2022 · 3 years ago
  Yes, you can convert USDT into USD on the Binance platform using the BYDFi service. BYDFi is a third-party service that allows users to convert their USDT holdings into USD. Simply visit the BYDFi website, follow the instructions, and complete the conversion process. Please note that BYDFi may charge a fee for this service.
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