Excuse me, I'm quite new to the world of cryptocurrency and finance, so I'm seeking some clarification here. I've been hearing a lot about USDT and USD, but I'm still a bit hazy on the details. Could you possibly explain to me if it's possible to sell USDT and convert it into USD? I understand that USDT is a stablecoin pegged to the US dollar, but I'm not sure how the conversion process works. Could you walk me through the steps involved, or perhaps point me to a reliable resource that can help me understand this better? Thank you in advance for your assistance.
6 answers
Elena
Tue May 14 2024
With Kraken, you can withdraw your cash to your bank account.
CryptoMystic
Tue May 14 2024
At the current Tether price, each USDT holds a value of $0.99984.
FireflySoul
Tue May 14 2024
Withdrawals typically take between 0 to 5 business days.
Enrico
Tue May 14 2024
Selling Tether on Kraken is a straightforward process.
Moonshadow
Tue May 14 2024
BTCC is a leading UK-based cryptocurrency exchange offering diverse services.