Tether (USDT) FAQs

What is Tether?
Tether (USDT) is a stablecoin that is worth around 1 USD. The rate can fluctuate a bit, but it's a 1:1 representation of 1 US dollar on the Ethereum blockchain.
Who can trade USDT on Paxful?
Only ID-verified users can trade or convert USDT on Paxful.
What are the fees for converting USDT?
For the full breakdown of USDT fees, check on this article.
Can my USDT transaction be cancelled or reversed?
Unfortunately, transactions on the blockchain can’t be cancelled or reversed. For more information, check out this article.
What is the minimum USDT amount I can sell, buy, or convert?
With Paxful, the minimum amount you can buy, sell, and convert is 10 USDT.
How can I buy or sell USDT?

You can buy or sell USDT the same way as you would buy or sell Bitcoin in the marketplace! 

  • Head over to the buy and sell pages to see a list of the current USDT offers. 
  • You can also create your own USDT offers (just make sure you’re ID verified!).
  • You can also convert your BTC into USDT in your Paxful Wallet. Check out this article for more information.
How do I get a USDT wallet address?
Just head to your Paxful wallet and click on “Receive” under Tether to get your USDT address. You can also check out our Receiving and Depositing Tether article for more information.
 

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