Appearance

A Guide to Converting USDT to Fiat on Kraken ​

20241202-215921.png

Follow this step-by-step guide to exchange your USDT for fiat currency on Kraken:

  1. Log in to Your Kraken Account ​

• Visit Kraken’s website and log in using your credentials.

• Ensure your account is verified to at least the Intermediate level to withdraw fiat.

  1. Deposit USDT into Kraken ​

• Navigate to Funding in the top menu.

• Click Deposit and select Tether (USDT) from the list.

20241202-181730.jpeg

• Choose the arbitrum one network ( this is important because we only support arbtirum one network for now).

Snipaste_2024-12-02_18-23-24.png

• Copy the provided wallet address and send your USDT from your external wallet or exchange.

Snipaste_2024-12-02_18-25-42.png

  1. Trade USDT for Fiat Currency ​

• Go to Trade for more options and click SELL.

Snipaste_2024-12-02_18-34-46.png

• Select a withdrawal method.

Snipaste_2024-12-02_18-37-32.png

• Select USDT and enter amount to trade

Snipaste_2024-12-02_18-45-28.png

• Swipe to confirm order.

Snipaste_2024-12-02_18-46-50.png

• Then wait for fiat currency to arrive.

Tips: ​

• Always double-check the USDT deposit network to avoid losing funds. dFans only support arbitrum one network for now.

• Kraken charges minimal fees for fiat withdrawals; check their fee schedule for details.

You’ve now successfully converted USDT to fiat currency using Kraken!