Bitcoin and Tether are among the most popular digital assets. They are chosen for long-term investments and everyday payments due to their reliability and the ability to be used in different countries of the world. There are three options for exchanging USDT for BTC, and each has its own advantages.
P2P services allow you to conduct the transaction at the best rate, but the user risks losing coins, since the activity is not regulated in any way. Exchanges are safer, but require verification, set a high commission and often provide for hidden payments. Exchangers for exchanging the stablecoin Tether USDT in the TRC-20 network for Bitcoin (BTC) are best suited due to anonymity, speed, no limits on the number and amount of transfers. Let’s consider why there are crypto owners who carry out transactions with caution. You will also learn what to do to carry out a successful transaction with minimal time expenditure.
What prevents smooth transactions?
Despite the popularity of the Tether TRC20 (USDT) exchange for BTC, users continue to face difficulties. The main reasons for the problems:
1. A large number of resources offering to exchange Tether TRC20 for BitCoin coins. On the one hand, the choice allows you to determine the portal with the best conditions. But for a beginner in the world of cryptocurrencies, the need to analyze dozens of options becomes a problem. The simplest solution is to look at the list of trusted portals on bestchange.ru. A regularly updated rating will give you an understanding of which services are trustworthy.
2. Misunderstanding of the mechanism of operation of exchangers. In fact, this is an intermediary platform between buyers and sellers, which is responsible for the implementation and security of transactions. We are talking about a centralized system that provides for the collection of data on a single service. Modern encryption algorithms are responsible for security – transaction participants can not be afraid of the dissemination of financial information and theft of funds.
3. The presence of subtleties of the exchange process that users do not take into account. One of the main nuances is the presence of a commission for making a Tether (USDT) transaction into Bitcoin cryptocurrency. The percentage may vary, so you need to carefully study the terms of use of the platform.
4. Inattention when filling out an online form. Disappointment with a failed transaction or receiving fewer coins is often due to errors by the owner of the digital currency. Always check the entered data, including the number of electronic wallets, to avoid unnecessary complications.
Registration is not a prerequisite for using exchangers. However, if you frequently make transactions with virtual assets, it makes sense to create profiles on the platforms you will use – this will simplify payments.
How to quickly exchange Tether stablecoin for Bitcoin (BTC): instructions for beginners
It is quite easy to organize a quick and simple transaction. First, you should decide where you will exchange Tether stablecoin for BTC, then:
- go to the exchanger’s website;
- find out the current rate and decide if it suits you;
- decide on the number of coins to exchange, enter the amount in the appropriate field;
- calculate the final amount of BTC that you will receive after deducting the commission;
- indicate the wallet number;
- check the data is correct;
- confirm the transaction and track the balance change.
USDT to Bitcoin transfer takes from 1-2 minutes to 30-60 minutes if you use an automatic service. Semi-automatic platforms make payments within a few hours, and manual ones – within 24 hours. When choosing a service, the exchange rate must be taken into account along with the reserve and rate.