how to sell usdt on bybit

Bybit, a popular cryptocurrency exchange, offers a straightforward process to sell USDT, involving navigating through the "Spot" section, selecting the desired trading pair, choosing the sell option, specifying the amount and order type, placing the sell order, monitoring its status, and withdrawing the proceeds.

Nov 02, 2024 at 02:52 am

How to Sell USDT on Bybit

Bybit is a popular cryptocurrency exchange that allows users to buy, sell, and trade various cryptocurrencies, including USDT. Here is a step-by-step guide on how to sell USDT on Bybit:

Log in to your Bybit account

Visit the Bybit website (www.bybit.com) and log in to your account.

Navigate to the "Spot" section

Once logged in, click on the "Spot" tab at the top of the page. This will take you to the spot trading page.

Select the USDT-trading pair

In the search bar, type "USDT" and select the USDT-trading pair you want to sell, such as "USDT/BTC" or "USDT/ETH".

Choose the "Sell" option

On the trading pair page, switch to the "Sell" tab.

Enter the amount of USDT you want to sell

In the "Amount" field, enter the amount of USDT you want to sell. You can also use the percentage buttons to sell a specific percentage of your USDT balance.

Select the order type

Bybit offers two order types: "Market" and "Limit". A market order is executed immediately at the current market price, while a limit order allows you to set a specific price at which your order will be executed. Select the order type you prefer.

Place the sell order

Once you have entered all the necessary details, click on the "Sell" button to place your order.

Monitor your order

Your order will be displayed in the "Active Orders" section. You can monitor its status and cancel it if necessary.

Withdrawal

Once your order is executed, the proceeds will be credited to your Bybit USDT wallet. You can then withdraw the funds to your external wallet. To do this, click on the "Withdrawal" tab, select "USDT", enter the amount you want to withdraw, and provide the address of your external wallet.

Note:

Before selling USDT, ensure you have sufficient USDT balance in your Bybit account.
The selling price may vary slightly from the estimated price due to market fluctuations.
Bybit charges a small trading fee for each order. Check the fees page for the exact fee schedule.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Fear & Greed Index

Trade Now

Biggest Gainers

BERA

$7.6530

665.30%

Trade Now
ANT

$1.8002

63.43%

Trade Now
CAIR

$0.5339

48.26%

Trade Now
XYO

$0.0236

29.29%

Trade Now
BAN

$0.0730

27.35%

Trade Now
STPT

$0.0791

18.61%

Trade Now

Latest Crypto News

'Beast Games' Season 1 Episode 9 Recap: MrBeast Unveils the Top 6 and a Potential $10 Million Grand Prize
2025-02-07 16:56:03
Bitcoin (BTC) Price Prediction: Will the Cryptocurrency Market Continue to See a Curler Coaster Ride?
2025-02-07 16:56:03
StepMania Land on Telegram
2025-02-07 16:56:03
Is This Mega-Corporation Setting the Trend for Corporate Crypto Adoption?
2025-02-07 16:56:03
Shiba Inu (SHIB) Leads Altcoin Whale Control, Despite P2A Adoption
2025-02-07 16:56:03
Shiba Inu (SHIB) Price Prediction: Analysts See Potential for 858% Explosion, Targeting $0.001
2025-02-07 16:56:03

Related knowledge

How to buy coins on Binance mobile version

Feb 04,2025 at 07:36pm

Key Points:Set up a Binance accountFund your Binance accountFind the coin you want to buyCreate a buy orderReview and confirm your orderStep-by-Step Guide:1. Set Up a Binance AccountDownload the Binance app from the App Store (iOS) or Google Play Store (Android).Create an account by providing your email address, password, and phone number.Verify your id...

How to view the market value ranking on Binance

Feb 03,2025 at 09:42am

Key PointsBinance is one of the leading cryptocurrency exchanges in the world.Binance provides a variety of features, including the ability to view the market value ranking of cryptocurrencies.The market value ranking is a list of cryptocurrencies, sorted by their total market capitalization.The market capitalization of a cryptocurrency is calculated by...

How to trade after recharging on Binance

Feb 03,2025 at 09:36pm

Key PointsUnderstand the Binance platform and its features.Fund your Binance account through various methods.Choose the right trading pair and order type.Monitor your trades and adjust your strategy as needed.Explore advanced trading options for increased efficiency.Detailed Guide on How to Trade After Recharging on Binance1. Understanding the Binance P...

How to create an address for withdrawal from Binance

Feb 05,2025 at 12:31am

Key Points:Understand the concept of cryptocurrency addressesGenerate a new address for withdrawal on BinanceVerify the address before withdrawing fundsSecurely store your cryptocurrency addressesMonitor your withdrawal transactionsHow to Create an Address for Withdrawal from Binance1. Understand Cryptocurrency AddressesA cryptocurrency address is a uni...

How to recharge Binance with QR code

Feb 03,2025 at 10:36pm

Key Points:Utilize Binance's QR code for a seamless recharge experienceUnderstand the process of generating a QR code for Binance depositsIdentify various methods for recharging Binance through QR codesExplore the advantages and security aspects of using QR codes for Binance rechargesComprehensive Guide to Recharging Binance with QR CodeStep 1: Generati...

How to buy spot from Binance

Feb 04,2025 at 05:24pm

Key Points:Understand the concept of spot trading on Binance.Create a Binance account and complete KYC verification.Fund your Binance account with supported currencies.Navigate the Binance spot trading interface.Place a spot trading order: Market order or limit order.Manage your spot trading portfolio and track orders.How to Buy Spot from Binance: A Com...