What is USDT?

USDT is a token based on the stable value currency U.S. dollar launched by Tether, that is, 1USDT=1 U.S. dollar. Tether company promises that for every USDT issued, the bank account will have a USD 1 fund guarantee, so that users can use USDT and USD for 1:1 exchange at any time, and at the same time, they can conduct fund inquiries on the Tether platform to ensure transparency.

Since its release, not only all virtual currencies can be traded with USDT, but also USDT can be exchanged for legal currency. Its borderless nature and free mobility have driven the development of the virtual currency market faster and faster. In just a few years, the circulation The market value is more than 100 billion U.S. dollars, and it is the third largest encrypted currency asset in the world, second only to Bitcoin and Ethereum.

USDT is also known as "stable currency", which includes the advantages of stability, security, and transparency. It is also a good exchange channel for exchange through encrypted digital currency. As an emerging thing, encrypted digital currency has gradually expanded to fields such as investment, insurance, and asset transactions, so as to achieve global barrier-free free flow.

BiyaPay is a global multi-asset transaction wallet using USDT as the medium, supporting the mutual exchange of more than 20 legal currencies and more than ten digital currencies, and is committed to providing users with safer and faster international remittances.

How to exchange USDT for USD and make international remittance through BiyaPay App?

1. How to buy USDT?

Let me introduce two trading platforms where you can buy USDT. You can buy USDT by registering with your mobile phone number and email address, and operating according to the platform's procedures.

1. OKEX trading platform

2. Binance Trading Platform

Taking OKEX as an example, the process of purchasing USDT:

Open the homepage of the Ouyi App, click Buy Coins--Quick Trading--Select the currency to buy--Enter the purchase amount or the number of currencies to buy--Buy USDT--Select the payment method

2. How to convert USDT into USD for international remittance?

USDT to USD process:

1. Download the BiyaPay App and register online with your email address. It only takes three steps to complete

2. Enter the personal center and start identity verification

3. Select a bank account in the personal center and bind an overseas bank account

4. Click "Transfer" on the homepage of the App, select "Recharge on Chain", and recharge USDT

5. Select the App "Exchange" page to exchange USDT for USD (US dollar)

6. Click ''Transfer Out'' on the home page, click 'Bank Account Withdrawal', and withdraw USD to the bound bank account

This is the end of the introduction about USDT exchange for US dollars! If you have any questions, welcome to private message the BiyaPay team for communication!