Tether (USDT) is undoubtedly one of the best cryptocurrencies to hold. It is the third largest cryptocurrencies today. The fact that USDT is a stablecoin for maintaining a stable price and not being volatile makes it a priority for crypto traders.
Tether is pegged at the same value as the US dollar, maintaining $1.00 in reserve for each given Tether. You can therefore swap or convert it to other cryptos such as Bitcoin, Ethereum, etc. You can also buy and hold cash or any other foreign currency with it.
On this article, we are focusing on how to sell USDT in Nigeria as well as the best platform to do so.
Where To Sell USDT In Nigeria
You can sell Tether (USDT) for the Nigerian naira only on exchange platforms that allow it. This can however be done in a few of these platforms. Majority are peer-to-peer, which traders claim to be difficult and costly to sell USDT in Nigeria.
Crypto-investors operate by buying USDT or cryptocurrencies in large quantities in Nigeria. 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 account.
A research conducted in the crypto industry, has found Prestmit as one of the best cryptocurrency exchange platforms in Nigeria. The platform supports the exchange of USDT to the Nigerian naira.
How To Sell USDT Using Prestmit
It is simple 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.
Why Choose Prestmit To Sell USDT In Nigeria?
Prestmit rates are impressive and instant payment on the platform is guaranteed. Another top reason you’ve to choose this exchange platform is the free wallet address you get once an account is created with them.
Read Also: Best USDT Wallets In 2021