Where it's most profitable to withdraw USDT: a comparison of popular methods
In this article, we'll break down how to withdraw USDT and the most convenient ways to do so.
As of today, there are three main options for converting the stablecoin USDT into fiat:
- Cryptocurrency exchanges that support fiat operations;
- Telegram bots for cryptocurrency exchange;
- Cryptocurrency exchangers.
Withdrawing USDT via exchanges
Cryptocurrency exchanges often allow you to exchange USDT at the most favorable rate. Therefore, for large volumes, this method may be the most profitable. On the other hand, using exchanges requires the most time investment.
Additionally, using exchanges to withdraw stablecoins into fiat comes with significant limitations. Firstly, many crypto exchanges impose strict geographical restrictions. Secondly, the list of supported fiat currencies is usually minimal.
Withdrawing USDT via Telegram bots
On the one hand, Telegram bots are the most straightforward method for withdrawing stablecoins. On the other hand, they generally offer the least favorable exchange rate, and the percentage of scams among them is significantly higher than among exchangers or exchanges.
Bots may differ slightly in design and interface, but the general procedure is as follows:
- Select the "Sell USDT" option in the bot menu.
- Specify the amount, desired currency, and preferred method of receiving funds.
- Choose one of the listed ads.
- Enter payment details and, if necessary, your wallet.
- When the deal starts, USDT will be locked in an escrow account.
- After receiving the money (never before — make sure the funds are in your account), confirm the successful completion of the deal.
Withdrawing USDT via exchangers
Exchangers represent the "golden middle" among all options for withdrawing USDT to dollars. Their use doesn't require much time, and in most cases, they offer better rates than Telegram bots. Additionally, many exchangers have been operating for years, making it easy to find one with a solid reputation.
Services like Bestchange significantly simplify the search for a suitable exchanger. In just a few clicks, you can filter exchangers offering your desired withdrawal method, compare their rates, and even read reviews to ensure reliability.
The procedure is as follows:
- On the Bestchange service, in the "You give" column, choose USDT on the network you're using, and in the "You get" column, select the desired currency. For example, if you're looking to withdraw USDT to a dollar bank card, select "Bank Card USD."
- From the displayed list of exchangers, choose the optimal option and click on it — you'll be redirected to the exchanger's webpage.
- Enter the amount and required information. Usually, this includes payment details, phone numbers, and contact information.
- Send USDT to the provided address. The amount must match exactly.
- Wait for the funds to be credited to your card.
USDT — how to withdraw without issues
Unfortunately, weak regulation and the high-profit potential of crypto withdrawals make them an extremely popular target for scammers. Moreover, blockchain transactions are irreversible, meaning the cost of a mistake can be very high. Therefore, we strongly recommend always following basic security measures:
- Choose exchangers, bots, and exchanges with a solid reputation and positive reviews.
- Carefully check the domain name of the webpage where you're making the exchange. Fake websites are a common scam tactic.
- Double-check all the data you provide.
- Confirm the deal only after you've received the funds.
Despite how obvious these rules may seem, a surprisingly large number of users ignore them. However, following them will protect you from the majority of risks and ensure a profitable and secure USDT withdrawal to dollars or any other currency.