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Cash out of Tether with flexible funding options

How to sell Tether


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 102,928,672 USDT worth $102,928,672.

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.

Transactions are instant

Instant transactions & withdrawals

Flexible funding options

Flexible withdrawal options

Kraken level 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", a digital asset that is backed 100% by Tether’s reserves. Tether 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. This results in Tether's value remaining close to 1 dollar at all times.

What can you do with Tether?

Before you sell your Tether, learn more about the different ways you can put your Tether to work with Kraken.


Earn Tether rewards

Earn rewards with Tether

Trade for NFTs

Trade Tether for NFTs

Collect & trade NFTs

Trade OTC

Trade Tether OTC

High-volume Tether orders

Trade futures

Trade Tether futures

95+ perpetual futures

API trading

Tether API trading

Automate your trades

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 adviser 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 $1. 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 buy and sell Tether after you connect your funding method.

Learn more about Tether

  1. What are the fees for selling Tether?

  2. Which cryptocurrencies can I sell on Kraken?

  3. What is a Tether ATM?

  4. Where can I sell Tether?

  5. Should I sell Tether now?

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