How to transfer BTC to USDT? Complete tutorial on exchange BTC to USDT trading

Large fluctuations in Bitcoin prices will cause investors to face greater risks. USDT is anchored to the US dollar at a ratio of 1:1, which is relatively more stable and more suitable to be used as a safe haven asset to cope with market fluctuations. Uncertainty or other investment opportunities, and compared to BTC, the handling fee deducted when using USDT to withdraw money will be lower. Based on these advantages, investors usually convert BTC into USDT before conducting other transactions, but for novices, Still don’t know how to transfer BTC to USDT on the exchange? There are certain thresholds for the exchange process. The first step is to exchange at an exchange that supports exchange transactions. Currently, exchanges such as EuroEasy and Binance can conduct the exchange. Next, the editor will introduce to you a complete tutorial on converting BTC into USDT.

How to transfer BTC to USDT?

Converting Bitcoin (BTC) to Tether (USDT) requires several steps across multiple exchanges. Among them, trading platforms such as Oyi, Binance, and Huobi provide this service. The following is a detailed tutorial on converting Bitcoin (BTC) to Tether (USDT) on the OEX Exchange:

1. Open the official website of OEX OKX Exchange (click to register), enter your email address on the homepage, and click "Register", slide the slider to the right, complete the puzzle for verification, and then enter the verification code received by email. The verification code is valid for 10 minutes

2, and then enter Mobile phone number, click "Verify Now", enter the six-digit verification code received on your mobile phone, which is also valid for 10 minutes

3. Select your country/region of residence and check the box Select the Terms of Service, "Risk and Compliance Disclosure" and Privacy Policy and Statement

4. Create a password that must be 8-32 characters in length and 1 lowercase letter. 1 uppercase letter, 1 number, 1 symbol, such as: !@ # $ % and other conditions

5. After logging in to your account, find the "User Center" on the homepage icon to enter the identity authentication page

6. Different levels of authentication can be carried out according to different needs (note: video authentication needs to be operated on the APP)

7. Click "Transaction" - "Coin" on the homepage to enter the transaction page

8. Enter in the search box BTC, select the BTC/USDT trading pair, you can see the real-time market price of BTC

9. Enter the amount of BTC to sell, click Sell BTC to exchange it for USDT

Is it safe to exchange BTC for USDT?

Exchanging BTC for USDT is generally a relatively common and safe operation, but you still need to be careful in choosing the right trading platform and ensuring that appropriate security measures are taken. The following are 6 relevant security suggestions:

1. Choose a trustworthy trading platform:

Choose a trading platform with a good reputation and safety record for exchange. Ensure that the trading platform has adopted necessary security measures, such as two-step verification, fund insurance, etc.

2. Verify the identity authentication and supervision status of the trading platform:

Understand the identity authentication and supervision status of the trading platform to ensure its legal and compliant operations. Regulatory compliance platforms usually have stricter supervision and protection of user funds and transactions.

3. Pay attention to the privacy policy of the trading platform:

Ensure that the trading platform complies with the privacy policy and protects users' personal information and transaction data from unauthorized access and abuse.

4. Use a secure wallet address:

When exchanging Bitcoin, use a secure wallet address that you have control over. Do not send Bitcoin to an exchange's address as you may not have control over the private keys there.

5. Understand the transaction details:

When exchanging Bitcoin, understand the transaction platform’s handling fees, exchange rates, transaction restrictions and other details in order to make informed decisions.

6. Small-amount test transaction:

If it is the first time to perform an exchange operation on a new trading platform, it is recommended to conduct a small-amount test transaction to verify the reliability and security of the trading platform.

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