USDT belongs to a class of cryptocurrencies known as stablecoins. A stablecoin is a type of cryptocurrency whose value reflects an existing fiat currency (e.g. US Dollars). The inclusion of USDT, the world’s largest stablecoin by market value, will assist users in combating a volatile market, protecting their assets, and expanding their portfolio. These days, USDT has proven to be a worthy alternative for Ghana Cedi. Especially because Ghanaians still struggle with using USDT as a payment means for either goods and services. Pending when it is adopted, there is the pressing need to exchange or sell USDT for cedi.
Sell USDT for Cedi in Ghana
The only way to sell USDT for Ghana cedi is to sell it on an exchange platform that allows converting coins to cash, but getting one could be a herculean task sometimes. A lot of platforms that allow you sell USDT for Cedi are peer-to-peer, which comes with different cons. Some of the cons of peer-to-peer exchange are the high transaction fees and difficulties trading. On the other hand, exchange brokers buy USDT or cryptocurrencies in bulk, in Ghana. Prestmit is one of the top gift card and cryptocurrency platforms in Ghana that allow you exchange USDT to cedi and gives a free wallet address upon registration. If you want to convert your USDT to naira on such platforms, your wallet address will be required. Once you transfer the coin, the agreed amount will be transferred to your account.
To Convert Your USDT to Naira on Prestmit, all you have to do is download the mobile app and register an account. If you already own one, just log in. Thereafter, go ahead to the trade page , start a USDT trade and send the coins to any of the addresses given, that fits your plan. Deliver the screenshot of the trade, then give it a few minutes, and you will get credited to your wallet balance at the corresponding rate.