Selling cryptocurrency like USDT for fiat currency (USD, CNY, etc.) is a straightforward process on OKX. This guide walks you through the steps while highlighting best practices for secure transactions.
How to Sell USDT on OKX
Step 1: Navigate to the "Quick Buy/Sell" Section
- Open the OKX app and tap 【Quick Buy币】 on the homepage.
- Select 【去卖币】 (Go to Sell).
Step 2: Enter Sale Details
- Input the amount of USDT you wish to sell or the equivalent fiat value.
- Click 【出售USDT】 (Sell USDT) and confirm the transaction.
Step 3: Choose Payment Method
- Select your preferred receipt method (bank transfer, PayPal, etc.).
- Verify the details and submit the order.
Step 4: Confirm Receipt of Payment
- Wait for the buyer to complete payment.
- Critical: Check your bank account or payment platform to confirm funds are received before releasing USDT.
- Click 【确认收款】 (Confirm Receipt) to finalize the trade.
Alternative Selling Methods
Option A: C2C Trading
- Go to 【C2C买币】 (C2C Trading).
- Choose 【出售】 (Sell) to browse buyers offering competitive rates.
- For transactions ≥$10,000, enable 【大宗交易】 (Block Trading) in filters.
Option B: Spot Trading
- Convert USDT directly to USD/CNY via OKX's spot trading pairs (e.g., USDT/USD).
Key Safety Tips
✅ Never release assets before confirming payment. Scammers may fake payment receipts.
✅ Use OKX's escrow service for dispute resolution. Click 【申请客诉】 (File Complaint) if issues arise.
✅ For large trades, opt for verified merchants with high completion rates.
👉 Explore OKX’s secure trading features
FAQ
Q1: How long does it take to receive payment when selling USDT?
- Payments typically process within 15–30 minutes, depending on the buyer’s payment method.
Q2: What if the buyer claims they paid but I didn’t receive funds?
- Immediately contact OKX support via 【申请客诉】 and provide transaction evidence. Do not release USDT.
Q3: Are there fees for selling USDT?
- OKX charges a nominal trading fee (usually 0.1%). Using a referral code grants a 20% discount.
👉 Start trading USDT securely on OKX today
Disclaimer: Cryptocurrency trading involves risk. Ensure compliance with local regulations.