How To Transfer USDT to Bank Account [Latest Guide]

USDT (Tether) is one of the most popular stablecoins in the crypto world, widely used for trading and holding value. However, when it’s time to cash out, many users wonder how to move USDT from their crypto wallet to a traditional bank account. In this guide, we’ll walk you through the exact steps to transfer USDT to your bank account using centralized exchanges and P2P platforms.

Whether you want to withdraw to USD, EUR, or another fiat currency, the process is straightforward if you follow the right steps.

Key Takeaways:

• You can’t directly transfer USDT to bank account; you need to convert it to fiat first.
• Centralized exchanges like Binance, Kraken, and Coinbase support fiat withdrawals to banks.
• P2P marketplaces are another way to exchange USDT for cash deposited to your bank.

Step 1: Choose a Crypto Exchange That Supports Bank Withdrawals

To transfer USDT to bank account, sign up with a reputable exchange that supports both USDT trading and fiat withdrawals to a bank account. Some popular options include:

• Binance
• Kraken
• KuCoin
• Coinbase
• Bitpapa (for P2P transactions)

Make sure to check that the platform allows withdrawals in your local currency and supports bank transfers in your country.

Step 2: Deposit USDT to the Exchange

If your USDT is stored in a private wallet (e.g., Trust Wallet or MetaMask) or on another platform, you’ll need to transfer it to the exchange you selected.

• Log into your exchange account.
• Go to the Wallet or Assets section.
• Click Deposit, then choose USDT.
• Select the appropriate network (ERC20, TRC20, BEP20, etc.) and copy the wallet address.
• Paste this address into your sending wallet and confirm the transaction.

📌 Tip: Always match the blockchain network when sending USDT to avoid loss of funds.

Step 3: Sell USDT for Fiat Currency

Once your USDT deposit is confirmed, you need to convert it to fiat currency before you can withdraw it.

• Go to the Trading or Convert section of the exchange.
• Select USDT as the asset you’re selling.
• Choose your local currency (USD, EUR, etc.) as the asset you’re buying.
• Enter the amount and confirm the transaction.

Your fiat balance will now be available in your exchange wallet.

Step 4: Withdraw Fiat to Your Bank Account

To transfer USDT to bank account, the next step is withdrawing the fiat:

• Go to the Withdraw or Cash Out section.
• Choose Bank Transfer or another available method.
• Enter your bank account details and withdrawal amount.
• Review fees and estimated time, then confirm the withdrawal.

⏱️ Withdrawal times vary by platform and bank. Some transfers are instant, while others may take 1–5 business days.

Alternative Method: Use P2P Trading Platforms

If your exchange doesn’t support fiat withdrawals, a P2P platform is a solid alternative. Here’s how to transfer USDT to bank account via P2P:

1. Access the P2P section (on platforms like Binance P2P or Bitpapa).
2. Choose the Sell USDT option.
3. Filter buyers by bank transfer method.
4. Select a reputable buyer and initiate the trade.
5. Wait for the fiat payment to hit your bank account.
6. Confirm and release the USDT.

⚠️ Only release crypto after confirming payment in your bank account.

Things to Keep in Mind

Step	Tip
Choosing an exchange	Make sure it supports your currency and local bank transfers
Network compatibility	Always double-check USDT blockchain networks before sending funds
KYC requirements	Most platforms require ID verification for bank withdrawals
Fees	Watch out for conversion and withdrawal fees
Security	Enable 2FA and use strong passwords to protect your funds

Conclusion

Transferring USDT to your bank account involves a few key steps: deposit USDT to an exchange, convert it to fiat, and withdraw it to your bank. Whether you prefer using centralized exchanges or peer-to-peer platforms, the process is fairly simple with the right tools.

By following this guide, you can move your digital dollars into your bank account securely and efficiently.