Can USDT be transferred to USD?
I'm a bit puzzled about a concept related to cryptocurrency. Could you please help me understand? I've heard about USDT, which seems to be a stablecoin pegged to the US dollar. But I'm not quite sure if it can be converted directly into actual USD. Is there a way to do this? Could you explain the process, if it's possible? Also, are there any fees or limitations involved in such a transfer? Your clarification would be greatly appreciated. Thank you for your time and assistance in this matter.
Do I have to pay tax on money transferred from overseas to UK?
Hello, I am a UK resident and I have recently received a large amount of money from abroad. I am not sure if I need to pay tax on this money. Could you please advise me on this matter? I am quite confused about the tax regulations in the UK and I do not want to make any mistakes. Thank you very much for your help.
Can USDT be transferred to bank account?
I'm new to the world of cryptocurrencies and I've been hearing a lot about USDT lately. I understand it's a stablecoin pegged to the US dollar, but I'm still a bit confused about how it works. Can USDT be transferred to a regular bank account? If so, how does the process work? Are there any fees or limitations I should be aware of? I'm also curious about the security implications of transferring crypto assets to a bank account. Can you provide some insight into that as well? Thank you for your help!