How to: Transfer USDT to a Bank Account:

Step-by-Step Guide on USDT Withdrawal

7 Ways How to Withdraw USDT to Bank Account

Let’s examine which services can help you quickly and safely transfer USDT to a bank account. Check out the list of available Tether withdrawal options to pick the one that works best for you.

#1 Crypto Exchanges: Withdraw USDT to Bank Account

Using a cryptocurrency exchange is one of the most popular methods for withdrawing USDT to a bank account as a fiat currency. This method is favored for its low fees and various features beyond simple exchanges. To convert your USDT on a cryptocurrency exchange, you’ll need to verify your identity, deposit your Tether, swap it for dollars, and then withdraw USDT to bank account using one of the available methods.

Tether Withdrawal Process on a Crypto Exchange:

• Sign up for the exchange in no time and verify your identity. Note that if you’re not dealing with fiat currencies, you might not need to verify to move USDT to your bank.
• Top up your account with the fiat currency of your choice.
• Go to the trading section and select the trading pair you’re interested in, like Tether/EUR or Tether/USD.
• Place a sell order for your Tether, provide your bank account details, and double-check everything.
• Now, you can move USDT to your bank and withdraw the funds as fiat directly to your account.

Additionally, many platforms let you quickly purchase coins with a card or exchange one crypto for another using their built-in exchange features. Peer-to-peer (P2P) exchanges are another option worth exploring, which we’ll cover in more detail next.

#2 P2P Platforms: Cashing Out USDT to Bank Account 

Peer-to-peer (P2P) platforms allow you to swap cryptocurrency for fiat money and vice versa without storing your assets on the platform. This decentralized method offers high security and fast processing times, often with low or no fees. Additionally, it’s a free market where anyone can set their own prices, fees, and conditions. Some P2P platforms require verification for USDT convert, while others might let you engage in Tether withdrawing without it.

Sending USDT to a Bank via P2P Platforms:

• Sign up in no time and verify your identity if required.
• Select the coin you’re interested in – USDT withdrawal.
• Head to the relevant section – ‘Sell’ for subsequent Tether withdrawal.
• Check out a suitable offer from another user, considering factors such as the counterparty’s reputation, exchange rate, fees, trading limits, and supported payment methods.
• Click the ‘Sell’ button for the Tether withdrawal.

The next steps depend on whether you’re buying or selling. If you’re buying Tether with fiat money, just transfer the fund to the seller’s account. Once the seller confirms they’ve received your payment, they’ll transfer the cryptocurrency to you. If you’re cashing out USDT to bank account, you’ll need to provide your bank details, wait to receive the payment, confirm it, and then transfer your tokens to the buyer.

If you’re cashing out USDT to a bank, always make sure to check that you’ve actually received the fiat payment before transferring any cryptocurrency.

#3 Exchangers: Withdraw USDT to Your Account

Withdrawing USDT to a bank account via an exchanger is quicker than via an exchange because you don’t need to go through the KYC (Know Your Customer) process. Simply create an exchange request and pay for it. When picking an exchanger to convert USDT, make sure it supports the withdrawal methods you need, whether it’s a specific bank, e-wallets, or cashing. If you run into any issues or have questions, you can always reach out to their support chat, which is available not only on business days but twenty-four hours a day. Additionally, exchangers often offer cumulative discounts and lower fees for Tether withdrawals.

Main Step to Convert USDT into Fiat via Cryptocurrency Exchangers:

• Choose an exchanger with good rates and low fees, or simply select the reliable and well-established one.
• Specify the cryptocurrency you are transferring.
• Specify the currency you want to receive.
• Enter the amount you want to exchange, staying within the set limits. The maximum withdrawal amount is typically only limited by the exchanger’s available reserves.
• Enter your personal data and bank account details and double-check them.
• Create an exchange order to convert USDT.
• Make the payment. The exchanger will give you the details to transfer the funds, typically within a 15-20 minute window.
• Wait for the exchanger to confirm receipt of your payment to the provided details.
• And now you’re ready to move USDT to your bank.

#4 Payment Systems: Transfer USDT to Your Bank

Some payment systems let you withdraw USDT to a bank account through various methods within your account. These systems support both fiat and cryptocurrency accounts, allowing you to switch between them at current market rates. In other cases, the process involves transferring your crypto to a given address. After that, the corresponding funds will be credited to your account within the payment system.

How to Convert Tether into Fiat via Payment Systems:

• Register with the electronic payment system in no time, complete any necessary verification, and provide bank account details.
• Deposit traditional money or USDT to your bank account.
• Perform a USDT transfer between your accounts.
• Withdraw the converted USDT to your bank account or wallet address.
• With some payment systems, you can link a Binance account and directly purchase with credits to your exchange account.

#5 Crypto Wallets: Withdraw USDT to a Bank Account

Some crypto wallets let you withdraw USDT to your bank account at the current rate. However, you might need to verify your identity or card first for any Tether transfers or withdrawals. Another point to consider when transferring USDT to a bank through crypto wallets is the withdrawal fees, which can be significantly higher than those on exchangers. Otherwise, there should be no issues with Tether withdrawals — just enter the withdrawal amount and all the card details requested by the payment provider to withdraw USDT to your bank.

How to Swap USDT via Crypto Wallets:

• Install a decentralized crypto wallet in no time.
• Securely store your recovery phrase or key file.
• Next, there are two options to withdraw USDT to your bank account. First, head to the purchase section to buy Tether with traditional currency using a credit card. Keep in mind that this feature isn’t available on all platforms or in every region. The second method works best for withdrawing, swapping one crypto for another, or moving USDT to your bank.

#6 Telegram Bots: Withdraw USDT to a Bank

Dealing with bots involves selecting specific commands in the chat window — this is a quick and convenient way to withdraw USDT to your bank account with almost instant processing times. It’s important to copy the bot’s address directly from the service’s official website, which supports USDT withdrawals since many scammers are looking to exploit inattentiveness. Withdrawing USDT to a bank can be done through various bots operating in the Telegram messenger.

The Procedure for Exchanging Tether via Telegram Bots:

• The very first step is to add the bot to your contacts and start it.
• The next step is to select ‘Sell crypto’ to transfer USDT to your bank. The bot’s specific functions depend on whether it runs as an exchanger or a peer-to-peer platform.
• Choose your preferred payment methods for transferring and receiving funds.
• Pay for the transaction and receive USDT to your bank or vice versa.

#7 Crypto ATMs: Cashing Out USDT

To withdraw USDT to a bank via crypto ATMs, select the appropriate option on the ATM screen, enter the amount and bank account details for receiving your payment, such as a card number, and then transfer the crypto to the provided address. Keep in mind that not all crypto ATMs support card transactions for withdrawal; many dispense cashing instead. It’s also convenient to make a payment from a mobile wallet using a QR code. Always take a receipt and double-check it just in case the money doesn’t arrive.

How to Turn Tether into Fiat via Crypto ATMs:

• Choose the ‘Sell’ option on the ATM’s screen.
• Select the crypto you want to sell to move USDT to your bank.
• The process and the next steps vary depending on whether you’re buying or selling:
• For buying, insert cashing into the bill acceptor (note that some crypto ATMs also accept cards and charge fees).
• For selling and withdrawing USDT to a bank, just move Tether to the provided address. You can do this easily by scanning a QR code from your smartphone.
• Most crypto ATMs that support Tether are located in Europe and the USA.