What is usdt en euro?

USDT (Tether) is a stablecoin pegged to the US Dollar, while exchanging USDT into Euro (EUR) is the process of converting USDT to Euro. In the global cryptocurrency market, USDT has good liquidity and active trading, making it one of the most commonly used trading pairs. Especially in the Eurozone, many users need to exchange their USDT for Euro for consumption or withdrawal purposes.

Why choose the Gate.io platform?

1. Safe and reliable:GateWith years of industry experience, compliance and security, separation of hot and cold wallets to ensure the security of user assets.
2. Multiple trading methods: support P2P trading, credit card trading, OTC desktop trading, etc., to meet the needs of different users.
3. The process is simple: the interface is user-friendly, the operation guide is clear, and even beginners can quickly get started.
4. Transparent fees: The platform’s fees are openly transparent, and the fee details can be viewed in advance on the official website.

Step three, the steps to sell USDT in euros through P2P trading

Image:https://www.gate.io/p2p

1. Register and pass identity verification

   • Register an account on the Gate.io official website and complete KYC identity authentication.
   • After verification, you can enter the P2P trading market

2. Enter the P2P trading page

   • After logging in, click on [Buy/Sell Cryptocurrencies] -> [P2P Trading], and select [Sell].
   • Search EUR in the trading pair

3. Choose the right buyer

   • Choose a reputable buyer based on exchange rate, payment method (bank transfer, PayPal, etc.), and reviews.

4. Place an order and confirm receipt of payment

   • Enter the amount of USDT you want to sell, and the system will automatically calculate the Euro amount based on the current price.
   • After placing an order, send USDT to the specified address and wait for the buyer to make the payment.
   • After receiving the Euro, click on [Confirm Receipt] to release USDT to the buyer.

5. Withdrawal of funds

   • After the transaction is completed, the Euro balance can be withdrawn to the linked bank account.

The process of selling USDT for EUR through credit card transactions

Figure:https://www.gate.io/crypto/sell/tether-usdt?fiat=eur

1. Enter the credit card trading page

   • Login to gate.io and click on [Buy/Sell Crypto] -> [Credit Card Trading].

2. Select to sell USDT

   • Select ‘EUR’ in the trading pair and enter the amount of USDT you want to sell

3. Fill in credit card information

   • The system will prompt you to fill in your credit card information and verify it to ensure payment security.

4. Confirm the transaction and complete the payment

   • After the user confirms the transaction amount, the system will automatically credit the equivalent amount in Euros to the credit card account, or transfer the amount to the linked bank account.

5. Check the account status

• Usually arrives within a few minutes, the specific time depends on the bank’s processing.

a few points to note in operation

• Exchange Rate Fluctuation: The cryptocurrency market is volatile, it is recommended to place orders when the exchange rate is favorable, or set limit orders.
• Prevent fraud: only trade with platform-certified users, do not contact privately, ensure the security of funds.
• Fee comparison: P2P transaction fees are low, but withdrawal time is longer; credit card transactions are quick, but fees are relatively high.
• Risk control compliance: Strictly abide by local laws and regulations to avoid account risk control due to large transactions.

Summary and Suggestions

By converting USDT to EUR through the Gate.io platform, you can choose low-fee P2P trading or experience the convenience of credit card transactions. Newbie users can flexibly choose the trading method according to their needs and do well in risk control and security prevention. Hope this article can help you get started quickly and successfully complete the cash-out operation from USDT to Euro.