I have some USDT in my Binance account and I want to sell them. However, I'm not sure how to do it. Can someone explain the steps I need to take to sell my USDT on Binance?
Once you've found a suitable buyer, click on the 'Sell' button next to their offer. This action will prompt you to specify the exact amount of USDT you intend to sell.
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CryptoLordFri Oct 11 2024
Selling USDT to Naira on Binance begins with navigating to the Spot trading section and then selecting the P2P (peer-to-peer) feature. This allows users to directly trade with other individuals, bypassing traditional intermediaries.
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SolitudeSeekerFri Oct 11 2024
During this stage, you'll need to fill in the necessary details regarding the transaction. This includes the exact amount of USDT you're selling and the equivalent amount in NGN you expect to receive. Ensure that all information is accurate to avoid any discrepancies or delays in the transaction.
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ethan_lewis_journalistFri Oct 11 2024
After confirming the details, you'll be required to provide your wallet address where the NGN proceeds will be sent. This step is crucial as it ensures that you receive your funds securely.
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KatanaSharpenedFri Oct 11 2024
Upon entering the P2P platform, a clear option to sell will be visible. Clicking on this initiates the process of converting your USDT holdings into Nigerian Naira (NGN).