According to the legislation, the Tether USDT stablecoin in the TRC-20 network cryptocurrency is not included in the list of official means of payment that can be used to pay for purchases and services, as well as crypto exchange. This means that the owner of USDT does not have the opportunity to directly transfer exchange Tether TRC20 (USDT) to Monero (XMR) or other assets to a bank account directly. However, there is more than one way out of this situation.
Features of Exchange Tether TRC20 (USDT) to Monero (XMR)
Tether is a digital currency and a popular electronic payment system with which you can quickly and efficiently carry out transactions around the globe. If Bitcoin is equated to “electronic gold,” then Litecoin rightfully deserves the title of “silver.” By clicking on the link www.bestchange.com/tether-trc20-to-monero.html, you can learn more about the features of exchange Tether TRC20 (USDT) to Monero (XMR).
To fully manage digital currency, just like regular money, you will need to use the services of certain services. This, in essence, involves the sale of Tether for Monero, which the user can receive on a TKS bank card. You can operate like this:
- Use exchange platforms;
- Through electronic payment systems;
- Using crypto exchange services.
There are other ways to convert Tether TRC20 (USDT) to Monero (XMR), but the above ones have less risk, unlike Telegram bots, thematic forums, and chats.
Transfer Tether TRC20 (USDT) to Monero (XMR) Using Exchangers
Currently, hundreds of different platforms on the network are engaged in withdrawing digital currency to bank accounts and cards. Each exchanger sets its conversion rates, commission amounts, and other transaction terms. How do you choose the most optimal one from this mass?
There are other services for this – monitoring. A list of the best selection of online exchange websites is offered by resource monitoring www.bestchange.com. Monitoring is sites that analyze the offers of exchangers. They contain all the information necessary for the user and reviews about a particular crypto exchange.
Using monitoring is easy:
- Select the currency you want to sell, USDT;
- In the column next – what do you want to get and where choose USD and Monero cryptocurrency;
Next, fill in the required fields on the site and exchange coins for rubles.
Exchange USDT to XMR via EPS
Sometimes, you can convert your crypto savings to XMR through electronic payment systems. However, not all EPS support withdrawing funds to crypto; this should be considered.
The algorithm for exchanging for EPS is the same everywhere:
- It is necessary to go through the registration procedure;
- Be verified;
- Link the wallet where Tether is stored;
- Link your card.
After these operations, you can withdraw digital currency to your fiat account.
Exchange USDT to XMR Through Crypto Exchanges
Another good way to withdraw crypto to a fiat account is to exchange through cryptocurrency exchanges. There are also enough such platforms today. At the same time, the advantage of the method under consideration is the possibility of selling cryptocurrencies at the price of interest rather than the market price. Sometimes, you get a slightly more significant amount than at the exchanger. But the buyer will have to wait a long time. This is a minus. In addition, the transfer to the card often takes 3-5 days. This is not always convenient.
Another relative drawback is that you must go through the registration process on any exchange, and some require verification. This takes up valuable time, which is not always available.
Additionally, it should be taken into account that any of the indicated methods of cashing out cryptocurrency implies the payment of commission fees. This is usually a small percentage of the transaction amount. There is no fixed interest rate; its size depends on the service providing services.