How to Convert USDT to USD on Coinbase [Updated Steps]

Converting USDT (Tether) to USD (United States Dollar) on Coinbase is a straightforward process that can be completed in just a few steps. This guide will walk you through the entire process, ensuring you can easily convert your USDT to USD on Coinbase.

📚Related: How to Set Up a Coinbase Wallet: Easy Guide For Beginner

Updated Steps to Convert USDT to USD on Coinbase

Step 1: Sign In to Your Coinbase Account.

To begin, you need to log in to your Coinbase account. If you do not have an account, you will need to create one by providing your email address and setting a password.

1. Go to the Coinbase website or open the mobile app.
2. Click on the “Sign In” button.
3. Enter your credentials and access your account.

Step 2: Navigate to Your Assets

Once logged in, you will want to navigate to your assets where all your cryptocurrencies are displayed.

1. On the main dashboard, look for the “Assets” tab on the left-hand side.
2. Click on “Assets” to view all the cryptocurrencies you hold.

Step 3: Select Tether (USDT)

In your assets list, find Tether (USDT) which you wish to convert.

1. Scroll through your list of cryptocurrencies until you find “Tether (USDT).”
2. Click on Tether to open its details page.

Step 4: Initiate the Conversion

Now that you’re on the Tether page, it’s time to start the conversion process.

1. Look for the “Convert” button, usually located at the top right of the asset details page.
2. Click on “Convert,” which will bring up a conversion interface.

Step 5: Choose Conversion Details

In the conversion interface, you’ll specify how much USDT you want to convert and the currency you’re converting it to.

1. Change the option from “Buy” to “Sell” if necessary.
2. Select USD as the currency you want to convert your USDT into.
3. Enter the amount of USDT you wish to convert into USD.

Step 6: Review Your Conversion

Before finalizing the conversion, review all details carefully.

1. The interface will show you a preview of the transaction, including:
   • Amount of USDT being sold
   • Current exchange rate
   • Coinbase fees
   • Total amount of USD you will receive

Make sure everything looks correct before proceeding.

Step 7: Confirm and Complete the Conversion

Once you’ve reviewed all details and are satisfied:

1. Click on “Preview Sell.”
2. If everything is in order, click on “Sell Now” to complete the transaction.

Your USDT will be converted into USD and credited to your Coinbase account balance.

Step 8: Withdraw Your USD (Optional)

If you wish to cash out your USD:

1. Go back to the “Assets” tab.
2. Select your USD balance.
3. Click on “Cash Out.”
4. Choose your preferred withdrawal method (bank transfer, PayPal, etc.) and enter the amount.
5. Confirm and complete the cash-out process.

📚Related: How to Convert USDT to USD on Crypto.com [Updated Steps]

Conclusion

Simply Convert USDT to USD on Coinbase by following the easy steps. By following this guide, you can easily manage your cryptocurrency assets and access your funds in USD when needed. Always ensure that you review transaction details carefully before confirming any conversions or withdrawals for a smooth experience.

By understanding how to convert USDT to USD on Coinbase, you’ll be better equipped to handle your cryptocurrency transactions effectively and efficiently.