How can I convert USDT to CNY on a cryptocurrency exchange, like Bituan?
2023-05-26 07:31
Selling coins on a USDT exchange refers to the process of exchanging one's cryptocurrency holdings for USDT, which is a stablecoin that is pegged to the value of the US dollar. Once the coins have been exchanged for USDT, the owner can then cash out their holdings by converting the USDT back into fiat currency such as Chinese yuan. To convert USDT into Chinese yuan on a platform such as CoinTiger, the user would need to initiate a withdrawal and select the option to withdraw in CNY. The funds would then be transferred to the user's linked bank account.
Release time 2023 05 26
"USDT trading platform selling coins" refers to the process of selling USDT (Tether) cryptocurrency on a specific trading platform. To exchange USDT on Bituan (CoinTiger) trading platform to Chinese RMB, users need to first withdraw their USDT to a crypto wallet that supports RMB exchange, such as Huobi, OKEx, or Binance. Then they can sell the USDT for RMB on the corresponding exchange platform and withdraw the fiat money to their bank account.
Release time 2023 05 26