Is it possible to withdraw USDT as RMB directly from exchanges?
blsgDec 26, 2021 · 3 years ago3 answers
Can I convert USDT to RMB and withdraw it directly from cryptocurrency exchanges?
3 answers
- Dec 26, 2021 · 3 years agoYes, it is possible to withdraw USDT as RMB directly from some cryptocurrency exchanges. However, not all exchanges offer this feature. You need to check with the specific exchange you are using to see if they support USDT to RMB conversion and withdrawal. Some exchanges may require you to go through a verification process before you can withdraw RMB. It's important to note that the exchange rate and fees for converting USDT to RMB may vary depending on the exchange.
- Dec 26, 2021 · 3 years agoUnfortunately, most cryptocurrency exchanges do not support direct withdrawal of USDT as RMB. You will need to convert your USDT to a supported fiat currency, such as USD or EUR, and then withdraw that currency to your bank account. Once you have the fiat currency in your bank account, you can convert it to RMB through traditional banking channels. Keep in mind that this process may involve additional fees and may take longer compared to direct withdrawal of RMB from exchanges.
- Dec 26, 2021 · 3 years agoBYDFi, a popular cryptocurrency exchange, allows users to convert USDT to RMB and withdraw it directly from the platform. To withdraw USDT as RMB from BYDFi, you need to complete the necessary verification process and meet the withdrawal requirements. The exchange offers competitive exchange rates and low fees for USDT to RMB conversion. However, it's important to note that BYDFi may have certain restrictions or limitations on the withdrawal amount and frequency. Make sure to check the exchange's terms and conditions before initiating the withdrawal process.
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