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Sell
Tether

Cash out of Tether with flexible funding options

Sell
Tether

Cash out of Tether with flexible funding options

Sell Tether

Get the Kraken app

Sell Tether

How to sell Tether in the UK

Create your free Kraken account

Verify your details to get started

Send USDT to your Kraken account

Deposit USDT in your secure Kraken account

Sell Tether instantly

Enjoy ultra-fast USDT transactions & withdraws

In the past 24 hours, Kraken clients traded 13,928,566 USDT worth £10,156,390.

Why sell Tether with Kraken?

Kraken offers a safe and easy way to sell digital currency. Enjoy market rate trades with low transaction fees and withdrawal fees.

Instant transactions & withdrawals

Flexible withdrawal options

World-class
security

Take advantage of our flexible payment options to sell Tether using a variety of convenient methods including wire transfer, bank transfers and cash withdrawals.

About Tether

Tether is the world’s first stablecoin. Tether (USDT) was created in 2014 as the first “stablecoin” which according to tether is a digital asset that is fully backed 1:1 by ‘real world currencies’. Tether aims to track the US Dollar and is designed to be used as a means of converting cash to digital currency, and claim that all Tethers in circulation reflect the amount of their reserves in U.S. Dollars.

Swap Tether for other assets

Explore the most popular Tether trading pairs on Kraken before you swap Tether for cash, stablecoins or other digital assets.

Tether FAQ

Can I sell Tether for USD?

Yes, you can buy and sell Tether using USD on Kraken. We support a diverse network of payment processors around the world that make it easy to sell Tether.

How do I convert Tether to cash?

Select USD, EUR or your preferred cash in the tool above to see how much cash you will receive when selling your Tether. Once you convert your Tether to cash, our funding options make it easy to withdraw cash to your bank account.

Is cashing out Tether taxable?

Each country handles cryptocurrency taxes differently. We recommend that you speak with a local professional tax advisor before making any digital asset sale or reporting your crypto taxes.

How much is Tether worth right now in USD?

At the current Tether price, one USDT is worth £0.73. Kraken makes it easy to sell Tether for USD in minutes.

How do I get my money after selling Tether?

After you sell your Tether using Kraken, you can use our flexible funding options to withdraw your cash to your bank account in as little as 0-5 business days.

Can I buy and sell Tether instantly?

Yes, it only takes a few moments to sell or buy Tether after you connect your funding method.

Learn more about Tether

What are the fees for selling Tether?

Kraken offers a competitive fee structure based on transaction size, type of asset, payment method and market conditions. Learn more about Kraken’s fee structure.

Which cryptocurrencies can I sell on Kraken?

Kraken allows you to seamlessly buy and sell 200+ cryptocurrencies, including Tether.

What is a Tether ATM?

A Tether ATM, or cryptocurrency automated teller machine, is a self-service kiosk that allows users to buy or sell Tether and sometimes other cryptocurrencies using cash or credit/debit cards. Users can interact with the machine's touchscreen interface to complete transactions and manage their digital wallets.

Where can I sell Tether?

While you can use a variety of different methods to sell your Tether, most people find that crypto platforms like Kraken are the safest and easiest options. Kraken offers competitive fees, diverse payment options, robust security measures and a 24/7 support staff that is ready to answer any questions you have about selling Tether.

Should I sell Tether now?

Deciding when to sell Tether depends on your individual financial goals, risk tolerance and market conditions. Consider factors like price trends, your investment timeline and potential tax implications. You may want to consult with a financial advisor and conduct thorough research before making any decisions.

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