Despite the opportunities and good prospects of many cryptocurrencies, users are faced with the necessity to exchange them for real money. This is logical because it is essential to provide for the needs of life in the real world. Owners of Tether most often choose to sell Tether ERC20 (USDT) to Visa and MasterCard card on such service. Let’s look at how to do this correctly.
Preparatory moments
To make such an exchange, you must have a Credit card. Today, most of the population has visa cards; if not, the opening is possible within a few minutes at any nearest bank branch. After the swap trade, a specific dollar amount will be credited to the card.
Next, you must select an exchange service – an intermediary that supplies services for converting cryptocurrencies into fiat money. Please report that their trade rates are just different for each of them. There are many exchangers on the Internet. Among them, you will need to select the one that:
- offers a low rate and the most suitable swap conditions;
- conducts fast transactions;
- has at its disposal sufficient foreign exchange funds;
- guarantees the safety of the trade.
To search for online exchangers that meet your requirements, you may operate Bestchange or another specialized portal for monitoring exchangers. It will be easier, faster, and more reliable. Firstly, because the ratings on such portals present only functioning services, and secondly, because it will be possible to choose the exchanger whose rate is currently the most favourable.
How to withdraw
The exchange procedure is technically simple. First, you need to go to the website of the selected exchanger to withdraw Tether to your Credit Card USD. You can choose it on the aggregator of online exchanger services from the list provided by the system and move to the swap site itself, hover over its name, and click.
In the exchanger, you must familiarize yourself with the terms of collaboration and double-check what amount in hryvnia will be credited to the card after swapping the quantity of Tether USDT stablecoin in the ERC20 network you are interested in. To do this, enter the data in the “Giving” columns (amount, monetary units). Even though each client already knows the exchange rate when accessing the exchange site from the monitoring portal, many resources introduce extra charges by their rules, and a preliminary calculation with an online converter will allow you to obtain accurate data.
If all conditions are satisfactory, you must fill out a trade application. It is small and should contain only the data needed for the trade.
Next, the owner of the Tether transmits the cryptocurrency to the wallet of the trading platform(the data is usually sent by e-mail). When the transfer is confirmed, the exchanger will send the money to the card of the specified recipient. Thus, withdrawals can be made at any time of the day or night. Everything is done quickly, conveniently, and without problems!
You may track the status of your application on the exchanger’s website.