How much cash is 1USDT equal? USDT Value Conversion Tutorial (Mainland)

As a stable digital asset pegged to the US dollar, the conversion and monetization of its value are issues that many users are concerned about. This article will introduce the value composition of USDT in detail and provide practical tutorials on value conversion and monetization in mainland China.

The value basis of USDT

USDT, or Tether, has its core feature of maintaining a 1:1 anchor relationship with the US dollar (USD). In theory, the value of 1 USDT is equal to 1 USD. Therefore, the most direct way to calculate how much cash is 1 USDT equal to is to view the current real-time exchange rate of USD to money.

For example, if the current dollar exchange rate is 7.3, then the theoretical value of 1 USDT is 7.3 yuan. This exchange rate changes in real time, so the value of USDT exchanged for money is not a fixed number.

Official website of USDT mainstream redemption platform

• Binance Binance: ()
• Ouyi OKX: ()
• Huobi: ()
• Gate.io Sesame Opening: ( )

The core approach to USDT value conversion

In mainland China, the most mainstream way to convert USDT into cash is through the C2C (Customer to Customer) trading function provided by major digital asset service platforms. This is an individual-to-person OTC trading model in which the platform plays the role of guarantee and matchmaking.

• What is a C2C transaction: Simply put, it means that you sell the USDT you hold to another user on the platform who needs to purchase USDT (usually known as a "merchant"). The other party will pay you money directly through the payment method you specified (such as Alipay and WeChat Payment). After you receive the payment, you will release the USDT to the other party on the platform.
• Advantages: Flexible and fast, supporting a variety of mainstream local payment methods.

Detailed conversion steps

Converting USDT to cash usually follows the following steps, and the entire process requires careful and carefulness.

1. Step 1: Choose a reliable platform
   Select a large-scale and reputable comprehensive digital asset service platform. This type of platform usually has a more complete C2C trading mechanism and customer support.
2. Step 2: Enter the C2C trading area
   In the platform application or website, find "C2C trading", "Buy Coins" or similar entrances. After entering, select the "Sale" option and select "USDT" for the transaction assets.
3. Step 3: Filter and select merchants
   You will see a list of different merchants, who will give their respective acquisition prices, transaction limits and supported payment methods.
   • Comparison prices: Merchants’ bids will float slightly around the real-time exchange rate, and choose the one with the best price.
   • Check reputation: Focus on merchants' reputation indicators such as transaction odds and positive reviews, and give priority to merchants with high credibility.
   • Check limits: Make sure that your sales volume is within the merchant’s acquisition limit.
4. Step 4: Place an order and receive payment
   After selecting the appropriate merchant, enter the amount of USDT you want to sell, and the system will automatically calculate the amount of money you will receive. After confirming the order, wait for the buyer to pay. During this period, your USDT will be temporarily locked by the platform.
5. Step 5: Confirm the collection and release the assets
   When the buyer marks "I have paid", be sure to log in to your own collection application (such as Alipay and WeChat Payment) to carefully check whether the money has been paid and whether the amount is correct. After confirming that it is correct, return to the platform and click the "Confirm the receipt and release" button to release the USDT to the other party. Never release assets until the receipt of the money is confirmed.

Factors that affect the final amount

• Market exchange rate fluctuations: The exchange rate between the US dollar and money is the most important factor in determining the basic value of USDT.
• C2C market premium: In the C2C market, the price of selling USDT is usually slightly lower than the real-time exchange rate, and this part of the difference is the profit margin of the merchant.
• Platform Fees: Most platforms are free to sell C2C for ordinary users, but a few platforms or in special circumstances may have extremely low handling fees.
• Trading Time: During the trading active period, there may be better prices and faster trading speeds.

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