Selling USDT made simple.
How do you sell USDT?
Why sell through Bitinvestor?
Local bank transfer
We pay out through the local banking systems for EUR, GBP, and DKK so you don’t have to worry about international methods.
As soon as we receive your USDT, we intiate the payout to you.
Bitinvestor is regulated by the Danish Financial Authorities and Fintrac Canada.
Learn about USDT
Setting off on an expedition across the virtual financial sphere, USDT shows itself as a model of stability in the turbulent sea of cryptocurrency volatility. USDT, or Tether, was conceived and launched by Tether Limited in 2014, and through its unwavering peg to the US dollar, it skillfully blends the worlds of digital cryptocurrencies and traditional fiat currencies. It is fitting that this convergence provides a’stablecoin,’ a digital asset that is both dependable and steady, given its remarkable resistance to the usual ups and downs of cryptocurrencies. This tells a story of ingenuity and resiliency in the rapidly developing field of decentralized finance.
Why choose USDT?
When sifting through the plethora of stablecoins accessible, one would wonder, Why USDT? Its unmatched market capitalization, pervasive presence on all major cryptocurrency exchanges, and extensive integration across a wide range of DeFi platforms and applications provide the solution. Because of its liquidity, stability, and track record, USDT stands out from other stablecoins such as USDC, DAI, and BUSD, making it a reliable option for a wide range of users, from experienced traders to novice investors.
With a moral mission to bring the stability of fiat money into the unstable world of cryptocurrencies, Tether (USDT) set off on its historic adventure through the cryptoverse. With a quick rebranding to Tether (USDT) later that year, the cryptocurrency that was first created in 2014 under the names “Realcoin” and “Tether” (Brock Pierce, Craig Sellars, and Reeve Collins) was emphasized. The business behind USDT, Tether Limited, was a trailblazer in this regard, seeing a growing need for reliable digital assets in a market that was changing quickly.
In order to issue tokens, USDT originally implemented the Omni Layer Protocol, relying on the stability and security of the Bitcoin network. Because each token was initially linked to a real, widely recognized asset, stability was guaranteed. Each token represented a physical reserve of one USD. It became apparent that it was a ray of stability in the continuously swaying cryptocurrency markets, drawing in traders and investors who were looking for safety from the chaos and volatility of the market.
Presenting an auditable reserve and claiming that each USDT was backed 1:1 by USD held in reserve, Tether Limited successfully navigated the early days of stablecoins. Tether issued USDT on multiple blockchains, including Ethereum (as an ERC-20 token), Tron (as a TRC-20 token), and others, as the need for a stable digital asset grew. This allowed it to become more widely accessible and interoperable across multiple networks.
But the trip wasn’t without its difficulties and disagreements. Legal questions and doubts about Tether Limited’s reserve holdings and the real 1:1 backing of USDT were raised. In response, the corporation released information about its reserves through a number of reports and statements from financial institutions; nonetheless, this was not without criticism and ongoing examination from some segments of the financial community.
Notwithstanding these difficulties, USDT has unquestionably become the most popular stablecoin, acting as a stabilizing factor in cryptocurrency trade pairs and a dependable benchmark for value on a variety of sites. USDT has had a significant influence on the cryptocurrency markets and has been essential in establishing a reliable platform for trade, transactions, and value preservation, connecting the cutting edge of decentralized finance with the established financial paradigm.
While many other cryptocurrencies fluctuate, USDT remains steady since it was the first to introduce the stablecoin idea and has managed to hold onto its market share despite competition and skepticism. This story of beginnings, growth, and tenacity has cemented USDT’s place in the annals of cryptocurrency history, serving as a vital bridge for the widespread adoption of decentralized finance and blockchain technology in addition to establishing it as a reliable digital asset.
What is USDT?
By providing a calm haven in the midst of the volatile market that is characteristic of digital currencies, USDT brightens the cryptocurrency space. It gives protection, giving traders and investors a reliable asset to work with amid market turbulence, which is essential for capital preservation and efficient risk management. This consistency carries over to its function in decentralized finance (DeFi), where it acts as a dependable conduit for lending, borrowing, and transactions across multiple platforms, establishing USDT as a crucial part of the decentralized digital economy.
What makes USDT unique?
Within the stablecoin space, USDT (Tether) has carved out a unique niche for itself. It has established its dominance with a number of special features that have contributed to its broad acceptance and confidence in the cryptocurrency and decentralized finance industries.
1. First-Mover Advantage: As one of the first stablecoins, USDT helped establish the idea and gained a lot of traction, notoriety, and confidence from the cryptocurrency community.
2. Diverse Liquidity: USDT offers unmatched liquidity due to its widespread presence on numerous exchanges and platforms. As a result, it is frequently the favored medium for trading and protecting value during market turbulence.
3. Broad-Spectrum Integration: USDT is widely accessible and used in the cryptocurrency market thanks to its deep integration with a wide range of wallets, trading platforms, and decentralized finance (DeFi) applications.
4. Multichain Functionality: USDT can be used on several blockchains, such as Ethereum, Tron, and Omni, which increases its usefulness on a wide range of platforms and decentralized apps, improving its adaptability and use.
5. Global Acceptance: The extensive use of USDT goes across national borders, allowing a user base to conduct secure online investments and financial activities.
6. Safe-Harbor Status: USDT is regarded by traders and investors alike as a safe haven to protect capital and reduce risks during times of market volatility, which contributes to its important status.
Frequently asked questions
Some of the reasons why one could consider selling USDT are:
- Poor stability
- Risk Management,
- Liquidity Needs
- Tax payments being due
- Market Conditions
There are a lot of different reasons why someone may consider selling USDT. If you believe the market may crash, USDT isn’t the stablecoin that’ll succeed or the network fees are too high, you have very valid reasons to sell USDT.
When you sell USDT, we will initiate a bank transfer to your bank as soon as we receive your USDT. The money usually arrives within hours, but always within 2 business days.
If you have USDT in a wallet, you can easily sell the USDT on Bitinvestor.
To sell USDT, go to our sell page, choose the amount of USDT you want to sell, enter your Bank or Credit Card details and send the USDT to the address we give you. You will always receive your money within 1 business day.
As soon as we receive your USDT, the price gets locked in.
When selling, the price is locked in after your transaction has 1 confirmation on the blockchain. That usually never takes more than 5 minutes.
You can sell your USDT and receive a bank transfer in as little as 5 minutes on Bitinvestor.
You can sell USDT for USD, GBP, EUR or DKK.
You can sell USDT for euro and receive your euro in as little as 5 minutes on Bitinvestor.
Receive your euro with MasterCard, SEPA Instant or Regular SEPA.
You can sell USDT for pounds and receive your British pounds in as little as 5 minutes on Bitinvestor.
Receive your pounds with Faster Payments or MasterCard