Sell USDT for Skrill
How to Sell USDT for Skrill
FAQ
We could ramble for quite a while about this one, but let us just remind you what makes us different from other platforms. Firstly, we don’t charge any hidden fees - you know what you pay for. Secondly, it only takes a few seconds to complete your transaction with Paybis. Finally, we offer truly amazing customer service - just send us a message and see for yourself!
Skrill is an e-money service, with its accounts denominated in fiat currencies such as USD, EUR, or GBP. USDT is a crypto currency, i.e. a digital currency secured by cryptography.
There is no way to store your USDT with Skrill. But you can always sell USDT with Skrill.
USDT, or Tether, is a stablecoin, that is, a type of cryptocurrency pursuing a relatively stable price. Tether is used by crypto enthusiasts and investors who don’t want to be exposed to the volatility of the typical cryptocurrencies.
USDT is one of the first stablecoins, and definitely the most popular one. It is available on several chains: OMNI, ERC20, TRC20. At Paybis, you can sell USDT ERC20, so make sure to double check the network.
Cashing out USDT can be done by converting Tether to local fiat currency via any regulated crypto exchange. Paybis is an example of this. After receiving your payout, you can turn to using your cash for your next crypto adventure.
Paybis does not provide any financial advice and while a lot of investors invest massively in USDT, we always advise our clients to DYOR (do your own research).
USDT has been on the market since 2014, and, according to the creators, has been backed by USD reserves ever since.
We currently support Skrill payouts in two currencies - USD and EUR. You can choose the one that is more convenient for you in our exchange form.
Please note that the fees for different currencies might differ. In case you need any help understanding our fees - check out our Support Portal for more info.
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