How to Transfer USDT from Exchanges

Tether (USDT) is one of the most stablecoins in the crypto space and it is not surprising that its popularity has spread across different parts of the world. This coin is volatility-free unlike many other cryptocurrencies, which is a good reason people invest in it. However, some situations may call for transferring (or withdrawing) USDT to a bank account. For instance, you can exit a trade and convert USDT to cash to record gains. And when the market is in a better condition, you can always buy again with cash. In essence, you can transfer USDT to any bank account as long as your digital wallet holding the asset supports the payment method (i.e., bank transfer). 

In this article, you will find out how to withdraw USDT to bank accounts in different countries. 

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How to Withdraw USDT to Bank Account – A Step-By-Step Guide

Ideally, you can withdraw USDT to your bank account directly from the Tether.io website. All you have to do is enter the amount of USDT to transfer and you get a local currency equivalent. Enter your bank account and proceed with the transaction. It is a straightforward process. 

However, if you have USDT in a Crypto Exchange, you may have to take some steps to transfer to a personal bank account. Below are step-by-step processes to do that in some countries. 

How to Transfer USDT to a USA Bank?

Step 1: Log in to your Exchange account holding the USDT
Step 2: Click on “Select Crypto” and choose USDT
Step 3: Enter the amount of USDT you want to withdraw
Step 4: Choose USD as local currency and see the equivalent. 1 USDT = 1 USD
Step 5: Click on “Trade” to transfer USDT to USD, and get a gas fee charge
Step 6: Choose a preferred payment method, i.e., your US bank account
Step 7: Complete the verification process on the wallet
Step 8: Click on “Continue”
Step 9: Wait a few minutes or days for USD funds to reflect in your bank account

How to Transfer USDT to a UK Bank?

Step 1: Log in to your Exchange account holding the USDT
Step 2: Click on “Select Crypto” and choose USDT
Step 3: Enter the amount of USDT you want to withdraw
Step 4: Choose GBP as local currency and see the equivalent. 1 USDT = 0.82 GBP
Step 5: Click on “Trade” to transfer USDT to GBP, and get a gas fee charge
Step 6: Choose a preferred payment method, i.e., your UK bank account
Step 7: Complete the verification process on the wallet
Step 8: Click on “Continue”
Step 9: Wait a few minutes or hours for GBP funds to reflect in your bank account

How to Transfer USDT to an Indonesian Bank?

Step 1: Log in to your Exchange account holding the USDT
Step 2: Click on “Select Crypto” and choose USDT
Step 3: Enter the amount of USDT you want to withdraw
Step 4: Choose IDR as local currency and see the equivalent. 1 USDT = 15.198 IDR
Step 5: Click on “Trade” to transfer USDT to IDR, and get a gas fee charge
Step 6: Choose a preferred payment method, i.e., your Indonesia bank account
Step 7: Complete the verification process on the wallet
Step 8: Click on “Continue”
Step 9: Wait a few minutes or hours for IDR funds to reflect in your bank account

How to Transfer USDT to a Bank in the Philippines?

Step 1: Log in to your Exchange account holding the USDT
Step 2: Click on “Select Crypto” and choose USDT
Step 3: Enter the amount of USDT you want to withdraw
Step 4: Choose PHP as local currency and see the equivalent. 1 USDT = 54.89 PHP
Step 5: Click on “Trade” to transfer USDT to PHP, and get a gas fee charge
Step 6: Choose a preferred payment method, i.e., your Indonesia bank account
Step 7: Complete the verification process on the wallet
Step 8: Click on “Continue”
Step 9: Wait a few minutes or hours for PHP funds to reflect in your bank account

How to Transfer USDT to an Indian Bank?

Step 1: Log in to your Exchange account holding the USDT
Step 2: Click on “Select Crypto” and choose USDT
Step 3: Enter the amount of USDT you want to withdraw
Step 4: Choose INR as local currency and see the equivalent. 1 USDT = 82.76INR
Step 5: Click on “Trade” to transfer USDT to INR, and get a gas fee charge
Step 6: Choose a preferred payment method, i.e., your Indonesia bank account
Step 7: Complete the verification process on the wallet
Step 8: Click on “Continue”
Step 9: Wait a few minutes or hours for INR funds to reflect in your bank account

How to Transfer USDT to a Russian Bank?

Step 1: Log in to your Exchange account holding the USDT
Step 2: Click on “Select Crypto” and choose USDT
Step 3: Enter the amount of USDT you want to withdraw
Step 4: Choose RUB as local currency and see the equivalent. 1 USDT = 68.80 RUB
Step 5: Click on “Trade” to transfer USDT to RUB, and get a gas fee charge
Step 6: Choose a preferred payment method, i.e., your Indonesia bank account
Step 7: Complete the verification process on the wallet
Step 8: Click on “Continue”
Step 9: Wait a few minutes or hours for RUB funds to reflect in your bank account

How to Transfer USDT to a German Bank?

Step 1: Log in to your Exchange account holding the USDT
Step 2: Click on “Select Crypto” and choose USDT
Step 3: Enter the amount of USDT you want to withdraw
Step 4: Choose EUR as local currency and see the equivalent. 1 USDT = 0.92 EUR
Step 5: Click on “Trade” to transfer USDT to EUR, and get a gas fee charge
Step 6: Choose a preferred payment method, i.e., your Indonesia bank account
Step 7: Complete the verification process on the wallet
Step 8: Click on “Continue”
Step 9: Wait a few minutes or hours for EUR funds to reflect in your bank account

How to Transfer USDT to a Brazilian Bank?

Step 1: Log in to your Exchange account holding the USDT
Step 2: Click on “Select Crypto” and choose USDT
Step 3: Enter the amount of USDT you want to withdraw
Step 4: Choose BRL as local currency and see the equivalent. 1 USDT = 5.21 BRL
Step 5: Click on “Trade” to transfer USDT to BRL, and get a gas fee charge
Step 6: Choose a preferred payment method, i.e., your Indonesia bank account
Step 7: Complete the verification process on the wallet
Step 8: Click on “Continue”
Step 9: Wait a few minutes or hours for BRL funds to reflect in your bank account

How to Transfer USDT to a Canadian Bank?

Step 1:L og in to your Exchange account holding the USDT
Step 2: Click on “Select Crypto” and choose USDT
Step 3: Enter the amount of USDT you want to withdraw
Step 4: Choose IDR as local currency and see the equivalent. 1 USDT = 1.34 CAD
Step 5: Click on “Trade” to transfer USDT to CAD, and get a gas fee charge
Step 6: Choose a preferred payment method, i.e., your Indonesia bank account
Step 7: Complete the verification process on the wallet
Step 8: Click on “Continue”
Step 9: Wait a few minutes or hours for CAD funds to reflect in your bank account

Alternatively, you can choose the peer-to-peer method where you find someone on an exchange platform interested in paying directly into your bank account for an amount of USDT.

Conclusion

So, if you ask – “Can I transfer USDT to my bank account?” The answer is Yes, you can. As long as the local currency is supported by the exchange or digital wallet, you can transfer your digital assets easily. 

Maryam
Written by Maryam Jinadu verified symbol Fintech and Crypto Writer
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Maryam Jinadu is a freelance igaming & crypto writer.

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Reviewed and Fact Checked by Vlad Hategan , NFT Gaming Specialist