How to sell usdt coins to cash out on Dubai OKX

OKX, a prominent cryptocurrency exchange in Dubai, provides a seamless process for converting USDT coins into cash, allowing users to transfer funds to their bank accounts conveniently.

Oct 30, 2024 at 07:45 am

How to Sell USDT Coins and Convert Them to Cash in Dubai via OKX

As one of the leading cryptocurrency exchanges in Dubai, OKX offers a convenient and secure platform for users to convert their USDT coins into cash. Here's a step-by-step guide on how to do it:

Step 1: Create an OKX Account

If you don't have an OKX account yet, you can create one by visiting their website at okx.com and clicking on "Sign Up." The registration process is straightforward and requires you to provide basic personal details and create a password.

Step 2: Verify Your Account

Once you have created an account, you need to verify it to enhance security and unlock additional features. To do this, follow the on-screen instructions to provide your identity and address proof. The verification process may take a few days.

Step 3: Fund Your OKX Account

To sell USDT coins, you need to have funds in your OKX account. You can deposit funds via various methods such as:

• Bank transfer (USD or AED)
• Credit/Debit card
• Cryptocurrencies (USDT or other supported coins)

Step 4: Sell Your USDT Coins

Navigate to the "Trade" section on the OKX website or mobile app.

• Select the "USDT/AED" trading pair.
• Choose the "Sell" option.
• Enter the amount of USDT coins you want to sell.
• Review the details and confirm the transaction.

Step 5: Withdraw Funds to Your Bank Account

Once you have sold your USDT coins, you can withdraw the proceeds to your bank account.

• Go to the "Withdraw" section on the OKX platform.
• Select "Bank Withdrawal."
• Choose the "AED" currency.
• Enter the amount you want to withdraw.
• Provide your bank details.
• Confirm the withdrawal request.

The withdrawal process usually takes a few business days to complete. You will receive an email notification when your funds are credited to your bank account.

Note:

• OKX charges a small fee for USDT sales and withdrawals.
• The minimum withdrawal amount for AED is 500 AED.
• It is important to ensure that the bank account you are withdrawing to is in your name and has the same currency as the funds you are withdrawing.